BOBCARD PREMIER Review: 5X on Travel and Dining for a ₹1,000 Fee

BOBCARD PREMIER earns 10 reward points per ₹100 on travel, international and dining spends, worth 2.5% at ₹0.25 a point, up to 2,000 points a statement, and 2 points per ₹100 elsewhere. The MITC fee is ₹1,000 plus GST, with the first year waived on ₹10,000 of spends in 60 days and later years on ₹1,20,000 a year. BOBCARD's card page has also offered a ₹0 joining fee since 1 September 2026, described as for a limited period.

By Pankaj Pandey · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

Key facts

Joining fee: ₹1,000 + GST
Annual fee: ₹1,000 + GST. First-year fee waived on INR 10,000 spends in the first 60 days (else levied in the third statement); annual fee waived on INR 1,20,000 spends in the anniversary year
Base reward: 2 reward points per INR 100 on other eligible categories (about 0.5% value)
Best category: Travel, international and dining: about 2.5% value
Lounge: Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: None listed
Forex markup: 3.5% of the amount
Network: Not stated by the bank

Apply on BOBCARD's site

Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.

In short

An easy-to-keep mid-tier card that pays well on dining and travel up to ₹20,000 a statement, with a fee most regular users never pay, but little on everything else.

Best for

People who spend ₹5,000 to ₹20,000 a month on restaurants and travel bookings
Earners above ₹7.2 lakh a year who want a low, easily waived fee
Travellers who book hotels through BOBCARD SmartDeal

Skip it if

Your dining and travel spend is well above ₹20,000 a statement
You want rewards on supermarkets, fuel or fast food, which earn nothing
You need international lounges or a low forex markup

Highlights

₹1,000 plus GST, waived on ₹1,20,000 a year
10 points per ₹100 on travel, dining and international spends
5X capped at 2,000 points a statement
A point is worth ₹0.25 as statement cashback
1 domestic lounge visit a quarter after ₹20,000 of spends

What BOBCARD PREMIER is

PREMIER is a mid-tier rewards card from BOBCARD Limited, Bank of Baroda's card subsidiary, and it is open for applications. BOBCARD doesn't name its network on the card page. The card is aim at people who eat out and travel: travel (MCC 4722), international and dining (MCC 5812) spends earn 10 reward points per ₹100, five times the normal 2 points.

BOBCARD values a point at ₹0.25 as statement cashback, so 5X is ₹2.50 per ₹100, or 2.5%, and the base rate is 0.5%. The 5X earn is capped at 2,000 points per statement cycle, which you reach at ₹20,000 of those spends (2,000 divided by 10, times ₹100), worth 2,000 times ₹0.25, or ₹500.

Points that decide the deal

The fee mostly goes away. ₹10,000 of spends in the first 60 days waives the first-year fee, and ₹1,20,000 in an anniversary year waives the next, which is ₹1,20,000 divided by 12, or ₹10,000 a month.
SmartDeal bonuses. Flights booked on BOBCARD's SmartDeal portal or app earn 8 extra points per ₹100 and hotels 20 extra, which BOBCARD is calling "Extra 4X" and "Extra 10X".
One lounge a quarter. A domestic visit each calendar quarter after ₹20,000 of spends in the quarter before, waived in the quarter a new card is issued.

Changes in 2026

April 2026 brought two things: telecom bills (MCC 4814) began earning core points, and three new 1% charges appeared, on school or college fees paid via third-party apps, on toll and bus payments from ₹5,000, and on train tickets of ₹30,000 or more at a time. Accidental death cover is not given on cards issued after 15 July 2026 and has ended on 25 August 2026 for older cards. From 1 September 2026 the card page shows a ₹0 joining and first-year fee, as a limited-period offer.

PREMIER fees and charges

Both the MITC and the Key Fact Statement set the joining fee at ₹1,000 and the annual fee at ₹1,000, and 18% GST is added to all fees, so ₹1,180 each. Up to 3 add-on cards costs nothing. The first-year fee is waived if you spends ₹10,000 in the first 60 days; otherwise it is charged in the third statement.

The card page's ₹0 joining and first-year fee from 1 September 2026 is a limited-period offer. The MITC still lists ₹1,000, so plan for that and treat the offer as bonus if it is there when you apply.

The ₹1,20,000 waiver

From the second year, ₹1,20,000 of spends in the anniversary year waives the ₹1,000 annual fee. At ₹10,000 a month it is a level many cardholders reach without even trying for it. Someone putting only ₹10,000 a month of dining and shopping on it keeps the card for free of cost.

Interest and other charges

Interest is 3.75% a month, 45% a year, on balances you carry. Late fees rise with the statement balance, from ₹100 when ₹100 to ₹500 is owed, through ₹750 for ₹1,001 to ₹10,000 and ₹1,100 for up to ₹50,000, to ₹1,300 above that. Cash advances cost 2.5% or ₹500, whichever is more, and going over the limit 2.5% or ₹600.

Forex: 3.5%, so international spends earning 2.5% still leave you about 1% behind (3.5% minus 2.5%), plus GST on the markup.
1% charges apply to rent and wallet top-ups, to any single utility bill from ₹50,000 (capped at ₹3,000), to a fuel fill of ₹10,000 or more, to app-routed education fees (capped at ₹5,000), to toll or bus payments from ₹5,000, and to rail tickets from ₹30,000 (capped at ₹5,000).
Fuel surcharge: 1% waived on fills of ₹400 to ₹5,000, up to ₹250 a statement, and fuel earns no points.
₹250 per cash payment of the bill, ₹100 per cheque payment and 2% (minimum ₹500) on a bounce. Redemption is free.

Premier: fees and charges

Joining fee	₹1,000 + GST
Annual or renewal fee	₹1,000 + GST
Annual fee waiver	First-year fee waived on INR 10,000 spends in the first 60 days (else levied in the third statement); annual fee waived on INR 1,20,000 spends in the anniversary year
Add-on card fee	Nil
GST	Charged on top of the fees and charges listed
In the bank’s words	Joining fee INR 1,000 + taxes (KFS/MITC); annual fee INR 1,000. Card page runs a limited-period offer: INR 0 joining/first-year fee w.e.f. 1 September 2026. Up to 3 add-on cards free
Interest on unpaid balances	Up to 3.75% a month (45% a year)
Late payment fee	By statement balance: below INR 100 nil; INR 100-500 INR 100; INR 501-1,000 INR 400; INR 1,001-10,000 INR 750; INR 10,001-25,000 INR 950; INR 25,001-50,000 INR 1,100; above INR 50,000 INR 1,300
Cash withdrawal	2.5% of the withdrawn amount or INR 500, whichever is higher; finance charge from the date of withdrawal
Over-limit fee	2.5% of the amount over the sanctioned credit limit or INR 600, whichever is higher
Forex markup	3.5% of the amount
Other fees	Processing fee on rent payments (MCC 6513): 1% of transaction amount Processing fee on wallet loading (MCC 6539-6542): 1% Processing fee on utility transactions (MCC 4900) of INR 50,000 or more: 1%, maximum INR 3,000 per transaction Processing fee on fuel transactions (MCC 5172, 5541, 5542, 5983) of INR 10,000 or more: 1% (not applicable to HPCL Energie) Online education fee payments via third-party apps (Cheq, CRED, Ease My Deal, Mobikwik, NoBroker, Paytm, PhonePe, SuperPe): 1%, maximum INR 5,000 per transaction (w.e.f. 1 April 2026) Toll and bus (MCC 4784) transactions of INR 5,000 or more: flat 1% (w.e.f. 1 April 2026) Railway bookings (MCC 4112) of INR 30,000 or more: 1%, maximum INR 5,000 per transaction (w.e.f. 1 April 2026; not on IRCTC BOBCARD) Cash payment processing fee INR 250 per cash payment; cheque payment processing fee INR 100 per cheque Cheque return and auto-debit/SI bounce: 2% of payment amount, minimum INR 500 Card replacement INR 100; duplicate bill INR 25; charge slip retrieval INR 250 Reward redemption fee: no fee GST 18% on all fees, interest and charges

How PREMIER points work

Every ₹100 at travel agencies (MCC 4722), restaurants (MCC 5812) and on international spends earns 10 points, up to 2,000 points a statement, and other eligible spends earn 2 points per ₹100. Transactions below ₹100 earn nothing, and UPI spends get core points only. Flights on SmartDeal add 8 points per ₹100, worth ₹2 (8 times ₹0.25), and hotels 20 points, worth ₹5; BOBCARD's terms don't say how these extras sit with the 5X rate or its cap, so the examples leave them out.

The exclusion list is a long one, very long. Fuel, agriculture, contractors, passenger transport, railways, bus and tolls, rent, cleaning and laundry, government, education, hospitals, wallets, supermarkets and convenience stores (MCC 5261, 5331, 5411, 5499), insurance, charity and fast food (MCC 5814) earn no points. So a fast-food outlet coded 5814 earns zero while a restaurant coded 5812 gets 5X.

Redemption is cashback against the statement at ₹0.25 a point, with a minimum of 1,000 points, or TWID Pay with Rewards at ₹0.15; cashback is the more better choice. Points last 2 years from the date earned and lapse if the card is unused for 365 days. New cardholders who spend ₹5,000 in the first 60 days get 500 bonus points, which at ₹0.25 each is ₹125.

Light: ₹15,000 a month

₹3,000 at restaurants, ₹9,000 on clothes, pharmacy and online orders, and ₹3,000 of supermarket groceries. Dining gives 30 times 10, so 300 points; shopping 90 times 2, so 180; the supermarket nothing. That is 480 points a month, 5,760 a year, worth ₹1,440. ₹15,000 a month is ₹30,000 in the first 60 days, well over ₹10,000, and even the ₹12,000 that earn points, times 12, is ₹1,44,000, over ₹1,20,000, so no fee is paid. Year one adds ₹125 of welcome points, so ₹1,565.

Typical: ₹35,000 a month

₹6,000 at restaurants, ₹8,000 of trips through a travel agency, ₹4,000 spent abroad online, ₹12,000 of other spends and ₹5,000 of fuel. The 5X spends total ₹18,000 and give 1,800 points, under the 2,000 cap; other spends give 240. That is 2,040 points a month, 24,480 a year, ₹6,120, with no fee. But the ₹4,000 abroad costs 3.5%, ₹140, plus ₹25.20 GST, against ₹100 of points on it, so the international part loses money. Fuel earns nothing, though its ₹50 surcharge (1% of ₹5,000) is refunded.

Heavy: ₹70,000 a month

₹20,000 on dining and travel, ₹40,000 of other spends and ₹10,000 of rent. Dining and travel give 200 times 10, so 2,000 points, exactly the cap; other spends give 400 times 2, so 800. That is 2,800 points a month, 33,600 a year, ₹8,400. Rent gets no points and attracts the 1% fee, ₹100, plus ₹18 GST, which over 12 months is ₹1,416, leaving ₹6,984. Dining or travel above ₹20,000 gets no more 5X, so a big spender here is losing value.

Spender	Points a year	Value at ₹0.25	Fee paid	Net
Light, ₹15,000 a month	5,760	₹1,440	None (waived)	₹1,440
Typical, ₹35,000 a month	24,480	₹6,120	None (waived)	₹6,120
Heavy, ₹70,000 a month	33,600	₹8,400	None, but ₹1,416 of rent fees	₹6,984

Premier: higher-reward categories

Category	Rate	Cap
Travel (MCC 4722), international and dining (MCC 5812)	10 reward points per INR 100 (5X), about 2.5% value	5X points capped at 2,000 per statement cycle, ₹2,000, statement cycle
Flights booked via BOBCARD SmartDeal (app/portal)	8 extra points per INR 100 (T&C table; 'Extra 4X rewards')	No cap published
Hotels booked via BOBCARD SmartDeal (app/portal)	20 extra points per INR 100 (T&C table; 'Extra 10X rewards')	No cap published

Premier: how rewards work

Earned as	BOBCARD reward points
Base rate	2 reward points per INR 100 on other eligible categories. About 0.5% value back
Minimum spend rules	Transactions below INR 100 earn no points
No rewards on	Fuel (no reward points on any BOBCARD except HPCL Energie) Transactions below INR 100 Agriculture Contractors Transportation: passenger transport, railways, bus, tolls (MCC 4111, 4112, 4131, 4784, 4789) Rent (MCC 6513) Cleaning, laundry, personal services Government Education Hospitals Wallets Supermarkets, convenience and variety stores (MCC 5261, 5331, 5411, 5499) Insurance Charity Fast food restaurants (MCC 5814)
Lower rewards on	UPI transactions earn core points only
Value of a point	Cashback against card statement (minimum 1,000 points): All your accumulated reward points can be redeemed for cashback @ 1 reward point = ₹0.25 TWID Pay with Rewards: Reward Redemption value using Pay with Rewards 1RP= 15 Paisa
Redemption fee	No fee
Expiry	Reward points expire 2 years from the date earned; points also lapse on closure, NPA, 90+ days overdue, settlement, fraud, death, or if the card is unused for 365 days
Welcome benefits	500 bonus reward points on spends of INR 5,000 or more within 60 days of issuance
Milestone benefits	None published
Lounge access	Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: None listed Condition: Spend INR 20,000 in the preceding calendar quarter; waived in the quarter a new card is issued
Fuel surcharge waiver	1% waiver on fuel transactions of INR 400 to INR 5,000; maximum INR 250 per statement cycle; no points on fuel
Insurance cover	Accidental death cover not applicable to cards issued after 15 July 2026 (ended 25 August 2026 for earlier cards)

Eligibility and how to apply

PREMIER asks for net annual income above ₹7.2 lakh, for salaried and self-employed alike, which is ₹60,000 a month, and an age of 21 to 60. You must be resident in India. BOBCARD's Key Fact Statement also lists an FD-backed PREMIER with nil fees; its FD rules, like the minimum deposit or the limit as a share of the FD, is not in the terms we have, so ask BOBCARD before choosing it.

Keep ready a recent passport-size photo and PAN and, for address, any one of Aadhaar with both sides, a passport, voter ID, driving licence, an NREGA job card or an NPR letter. Salaried people show 2 months of bank statements with salary credits, salary slips being accepted only along with those. Business owners upload the last 3 months of business account statements in PDF form.

Applying and approval

You apply online, e-sign with Aadhaar and finish a Video KYC call. BOBCARD then decides. Being an NBFC, it works under the RBI's NBFC card Directions of 2025, which parallel the bank Directions; these require an independent look at your own financial means and written reasons for any rejection. On CRIF's 300 to 900 range, above 700 is generally good. Income above ₹7.2 lakh is the entry ticket, not a approval. Our Bank of Baroda customer care page has the helplines.

Premier: eligibility and documents

Age (salaried)	21 to 60 years
Age (self-employed)	21 to 60 years
Income (salaried)	Net annual income above INR 7.2 lakh
Income (self-employed)	Net annual income above INR 7.2 lakh
Other conditions	Indian resident. minIncomeMonthly is INR 7.2 lakh / 12.
Documents	Recent passport-size photograph PAN card Permanent address proof: Aadhaar (both sides), Voter ID, Passport, Driving Licence, NREGA Job Card, or National Population Register letter Income proof (salaried): bank statement showing salary credit for the last 2 months (salary slips only with the bank statement) Income proof (self-employed): bank statement (PDF) showing business transactions for the last 3 months
How to apply	Online, digitally: fill the online application, e-sign using Aadhaar, then verify identity by Video KYC (per card pages). Apply links go to mycard.bobcard.tech. Bank of Baroda also offers an instant lifetime-free RuPay BOBCARD through its bob World / bob iPay app.
Card customer care	1800 2090 / 1800 1210 (24x7 toll-free); Eterna and Tiara: 1800 103 1002

These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.

PREMIER against similar cards

BOBCARD's own ETERNA costs ₹2,499 plus taxes, with the first year waived on ₹25,000 in 60 days and later years on ₹2,50,000. It earns 3 points per ₹100, and 15 per ₹100 across online, overseas, restaurant and travel spends, capped at 5,000 points a statement, so up to ₹1,250 a statement at ₹0.25 (5,000 times ₹0.25). Domestic lounges are unlimited after ₹75,000 of spends in the previous quarter, forex is 2%, and for it ₹12 lakh of income is needed.

The Axis Bank Privilege card has a ₹1,500 MITC fee, waived on ₹5 lakh, and pays a flat 10 points per ₹200 at ₹0.20, about 1%, plus 10,000 points on ₹2.5 lakh a year. It gives 2 domestic lounge visits a quarter after ₹50,000 in 3 months, and its Visa version is free under an offer valid till 31 December 2026.

SBI Card PRIME charges ₹2,999 plus taxes and drops the renewal fee after ₹3 lakh of yearly spends. Restaurants, grocery and department stores and movies earn 10 points per ₹100, capped at 7,500 points a month, at ₹0.25 each, and gives 8 domestic and 4 Priority Pass lounge visits a year with no spend rule.

Which one to pick

PREMIER for the lowest real cost on moderate dining and travel. ETERNA once those spends go well past ₹20,000 a statement and you earn ₹12 lakh. PRIME if groceries matter too and you want Priority Pass. Privilege if you want one flat rate on almost everything. See the full BOBCARD lineup or our credit cards hub.

Premier against similar cards

Term	BOBCARD PREMIER This card	BOBCARD ETERNA	Axis Bank Privilege Credit Card	SBI Card PRIME
Bank	BOBCARD	BOBCARD	Axis Bank	SBI Card
Joining fee	₹1,000 + GST	₹2,499 + GST	₹1,500 + GST	₹2,999 + GST
Annual fee and waiver	₹1,000 + GST. First-year fee waived on INR 10,000 spends in the first 60 days (else levied in the third statement); annual fee waived on INR 1,20,000 spends in the anniversary year	₹2,499 + GST. First-year fee waived on INR 25,000 spends in the first 60 days (else levied in the third statement); annual fee waived on INR 2,50,000 spends in the anniversary year	₹1,500 + GST. Annual fee (2nd year onward) reversed on spends of INR 5 lakh in the preceding card anniversary year; utility and telecom, rent, wallet, government, insurance, gold and jewellery, fuel, education, gift cards, bridge/road fees and tolls do not count. Currently offered lifetime free on the Visa network (listing: offer valid till 31 Dec 2026).	₹2,999 + GST. Renewal fee waived on annual spends of Rs. 3 lakhs (MITC: in the preceding year)
Base reward	2 reward points per INR 100 on other eligible categories (about 0.5% value)	3 reward points per INR 100 on other eligible categories (about 0.75% value)	10 EDGE REWARD Points per INR 200 spent, domestic or international (about 1% value)	2 Reward Points per Rs. 100 on all other retail spends, except fuel (about 0.5% value)
Best category	Travel, international and dining: about 2.5% value	Online, international, dining and travel: about 3.75% value	No higher-reward category published	Birthday spends: about 5% value
Lounges	Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: None listed	Domestic: Unlimited complimentary domestic airport lounge access International: None listed	Domestic: 2 complimentary visits per calendar quarter at select domestic airport lounges (Axis 'Set A' lounges) International: None	Domestic: 8 complimentary domestic airport lounge visits a year (max 2 per quarter); from 10 Jan 2026 only at the lounges in SBI Card's 'Set B' list International: 4 complimentary Priority Pass lounge visits per calendar year outside India (max 2 per quarter); Priority Pass membership complimentary
Forex markup	3.5% of the amount	2% of the amount	3.5% of the amount	3.5% of the amount
Network	Not stated by the bank	Not stated by the bank	Visa, Mastercard, American Express	Visa, Mastercard, American Express, RuPay
Published minimum income	₹60,000 a month	₹1,00,000 a month	Not stated on the card page	Stable income; SBI Card says the specific minimum varies by card and does not...
Status	Taking applications	Taking applications	Taking applications	Taking applications

Frequently asked questions

What is the BOBCARD PREMIER fee, and how is it waived?

The Key Fact Statement and MITC list ₹1,000 to join and ₹1,000 a year, plus 18% GST, so ₹1,180. The first-year fee is waived on ₹10,000 of spends within 60 days, and the annual fee on ₹1,20,000 in an anniversary year. BOBCARD's card page shows a ₹0 joining and first-year fee from 1 September 2026, which BOBCARD labels a limited-period offer.

How much are BOBCARD PREMIER reward points worth?

Redeemed as statement cashback, with 1,000 points as the minimum, a point is worth ₹0.25; through TWID Pay with Rewards it is ₹0.15. At ₹0.25, the 10 points per ₹100 on travel, dining and international spends is 2.5%, and the base 2 points is 0.5%. Redemption is free, and points last 2 years.

What income do I need for BOBCARD PREMIER?

BOBCARD's bar is net yearly income above ₹7.2 lakh, roughly ₹60,000 a month, whether you are salaried or run a business, and you must be 21 to 60. Bring a photo, PAN, an address proof and bank statements with salary or business credits. Clearing the income bar does not mean approval; BOBCARD runs its own credit check first.

Does BOBCARD PREMIER give lounge access or low forex?

You get a single free domestic airport lounge visit each calendar quarter, unlocked by ₹20,000 of spends in the quarter before; that rule is waived in the quarter a new card is issued. There is no international lounge benefit. The forex markup is 3.5%, more than the 2.5% that international spends earn in points, so it is not a card for spending abroad.

What changed on BOBCARD PREMIER in 2026?

Since 1 April 2026, telecom bills earn the core 2 points per ₹100, and BOBCARD charges 1% on education fees routed through payment apps, on toll or bus spends from ₹5,000 and on rail bookings from ₹30,000. Cards issued after 15 July 2026 carry no accidental death cover, and older cards lost it on 25 August 2026.

What is the most I can earn on PREMIER's 5X categories?

The 5X rate stops at 2,000 points per statement cycle, which you reach with ₹20,000 of travel, dining and international spends. At ₹0.25 a point that is ₹500 a statement, or ₹6,000 a year. Spends beyond that earn no more 5X points, so heavy diners and travellers may get more from a card with a higher cap, such as ETERNA.

Sources

BOBCARD Limited: Key Fact Statement (KFS), dated 17 Jul 2026; BOBCARD Consolidated MITC; BOBCARD Product Features - Important Terms & Conditions (file dated 02-11-2026); BOBCARD Premier; Revision in Product Features and Charges w.e.f 1st April, 2026; BOBCARD Premier (expanded "Read more" text); BOBCARD Eterna (expanded "Read more" text)

Last verified: 5 November 2026

Written by Pankaj Pandey, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.