BOBCARD CORPORATE Credit Card

BOBCARD Corporate Credit Card Features and Benefits

The BOBCARD CORPORATE Credit Card is a smart option for both the corporate and the employees, as it offers exciting benefits and reward points for every transaction. The following are the features of the Corporate credit card:

Easy Tracking

With the corporate card, corporations can easily track their expenses and the spending of their employees. Also, the card helps streamline transactions and automatically settle payments.

Travel Benefits

With the CORPORATE Credit Card, you get eight complimentary Domestic Airport Lounge Access in a year for your business travels with the Visa Airport Lounge Access Program. Note that you can visit the lounge 2 times per quarter. This benefit is only unlocked on spends of ₹20,000 in the previous quarter.

Insurance Protection

Fuel Surcharge Waiver

The cardholders can get a 1% waiver on the surcharge applicable on fuel purchases made with the BOBCARD CORPORATE Credit Card. The waiver is applicable only on fuel transactions between Rs. 500 and Rs. 3,000, and the maximum waived amount is capped at Rs. 250 per statement cycle.

BOBCARD CORPORATE Credit Card Rewards

• You get 1 Reward Point on every retail spend of Rs. 100.
• You get 0.5 Reward Points on every spend of Rs. 100 on selected categories, like utility, telecom, government payments, etc.
• No Reward points are earned on fuel transactions.

Reward Redemption

• The reward points you earn can be redeemed against cash or several different options.
• 1 Reward Point = ₹0.25

BOBCARD CORPORATE Credit Card Fees & Charges

• Annual/Joining Fee: There are no joining fees for the Bank of Baroda CORPORATE Credit Card.
• Interest Rate: An interest rate of 3.25% per month or (39% annually) is applicable on the due amount on the card if the cardholder is unable to clear all the dues by the payment due date.
• Cash Advance Fee: BOB Bank levies a cash withdrawal fee of 2.5% of the withdrawn amount (subject to a minimum fee of Rs. 500) on cash withdrawals with the card from ATMs.
• Forex Mark-up Fee: A foreign currency mark-up fee of 3.5% of the transaction amount is applicable on all foreign currency transactions made with the Bank of Baroda CORPORATE Credit Card.

BOBCARD CORPORATE Credit Card Eligibility Criteria

• Resident of India.
• Sole proprietorships are not eligible.
• The age of individual Corporate card applicants should be a minimum of 21 Years and Max 65 Years.
• Corporate must hold the following Bank of Baroda relationship: CC/OD relationship, Current Account relationship, or Fixed Deposit relationship.

How To Apply For a BOBCARD CORPORATE Credit Card?

You can apply for the Bank of Baroda Corporate Credit Card online or offline at your convenience. Bank of Baroda provides you with different online/offline ways to apply for this card. To apply offline, just visit your nearest BoB branch with all the above-mentioned documents and fill out the physical application form at the branch. You can also apply online for this card as follows:

• Choose the BOBCARD CORPORATE Credit Card.
• Click on Apply Now.
• You will be redirected to an application form, which you need to fill out carefully.

Bottom Line

The BOBCARD CORPORATE Credit Card is an excellent option for corporations as it provides tons of benefits for both the corporation and the employees. It offers great benefits for travel and fuel and also offers reward points for every business transaction. Moreover, the card has zero joining charges; therefore, you can easily enjoy the benefits that the card offers. Check out other corporate cards as well, like the IndusInd Bank eSvarna Corporate Card. Drop your views on the card below in the comment section.