Experience exclusivity with the Bank of Baroda Exclusive Credit Card, a lifetime free credit card designed exclusively for esteemed members of ICAI. This card offers unmatched benefits, world-class privileges, and delightful saving opportunities.
With the Bank of Baroda Exclusive Credit Card, you can enjoy up to 50 days of interest-free credit, allowing you to manage your expenses more effectively. Let’s explore some of the key benefits this card has to offer:
1. Accelerated Rewards: Earn 5 reward points for every ₹100 spent on dining, online purchases, and utility bills. Additionally, you can earn 1000 bonus reward points on 5 transactions worth ₹1000 or more each, every month.
2. Shopping Delights: Enjoy exclusive shopping benefits that add more value to your money. Take advantage of special offers and discounts at select partner outlets.
3. Travel Benefits: The Bank of Baroda Exclusive Credit Card enhances your travel experience with fantastic benefits. You receive 12 complimentary access passes (3 per quarter) at partner domestic airport lounges, allowing you to relax and unwind before your flights. Moreover, you can save on international spends with a reduced forex mark-up of 2%.
4. Fitness & Frolic: Embrace a healthy and luxurious lifestyle with the Bank of Baroda Exclusive Credit Card. As a welcome gift, you receive a free 6-month FitPass Pro membership worth ₹15,000, providing you access to various fitness facilities and services.
These are just a few highlights of the exclusive benefits that come with the Bank of Baroda Exclusive Credit Card. It is designed to cater to your unique needs and provide you with exceptional privileges. Enjoy the convenience, rewards, and savings that this card offers.
Benefits of Bank of Baroda Exclusive Credit Card
The Bank of Baroda Exclusive Credit Card continues to add value with its exclusivity by offering more benefits to esteemed members of ICAI. Let’s explore additional advantages that come with this card:
1. Milestone Rewards: Earn 1,000 reward points when you transact with your card within 30 days of issuance. Additionally, you can earn 4,000 reward points every quarter when you spend more than your card’s credit limit.
2. Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver at all fuel stations across India on transactions between ₹400 and ₹5,000 (maximum ₹250 per statement cycle). Please note that fuel transactions do not earn reward points.
3. Extra Rewards: Earn 1 reward point for every ₹100 spent on any other category apart from dining, online purchases, utility bills, and fuel. You can redeem all your accumulated reward points for cashback at a rate of 1 reward point = ₹0.25.
4. Easy EMI Option: Convert purchases of ₹2,500 or more on your card into easy EMIs of 6 or 36 months, providing you with flexibility in managing your expenses.
5. Free Add-on Card: Obtain up to 3 lifetime free add-on cards for your spouse, parents, siblings, or children above the age of 18. This allows your family members to enjoy the benefits and privileges of the Bank of Baroda Exclusive Credit Card.
6. Complimentary Insurance: Benefit from various insurance covers, including Professional Indemnity Insurance Cover of ₹5 lakhs, Air Accident Death Cover of ₹15 lakhs, and Non-Air Accident Death Cover of ₹5 lakhs, offering you financial protection and peace of mind.
7. Zero Liability on Lost Card: In case of a lost card, report it immediately to ensure zero liability for any fraudulent transactions.
The Bank of Baroda Exclusive Credit Card aims to provide you with exceptional benefits and exclusive privileges. Make the most of these features and enjoy a rewarding and convenient credit card experience.
Eligibility
To be eligible for the Bank of Baroda Exclusive Credit Card, you need to meet the following criteria:
1. Active ICAI Membership: You must be an eligible and active member of the Institute of Chartered Accountants of India (ICAI).
2. Credit Policy: Your application for the credit card is subject to the bank’s credit policy, which includes factors such as income, credit history, and other relevant criteria.
3. Add-on Cardholder Age: The add-on cardholders, who can be your spouse, parents, siblings, or children, should be over 18 years of age.
4. Indian Residency: You should be a resident of India to be eligible for the Bank of Baroda Exclusive Credit Card.
Meeting these eligibility criteria will help you qualify for the exclusive benefits and privileges offered by the Bank of Baroda Exclusive Credit Card.
Documentation
To apply for the Bank of Baroda Exclusive Credit Card and avail yourself of its exclusive benefits, offers, and rewards, you will need to submit the following documents along with the application form:
1. Photocopy of PAN Card: Provide a photocopy of your Permanent Account Number (PAN) card.
2. Photocopy of ICAI Membership Card: Include a photocopy of your Institute of Chartered Accountants of India (ICAI) membership card.
3. Latest Salary Slip/ITR: Submit your latest salary slip or Income Tax Return (ITR) as proof of your income. Alternatively, if you have any other credit card, provide a copy of the same along with the latest bill statement.
4. Current Residence Proof: Include a document that serves as proof of your current residence, such as a utility bill, rental agreement, or Aadhaar card.
5. Recent Passport-Size Photograph: Attach a recent passport-size photograph of yourself with the application form.
By submitting these documents along with the application form, you can proceed with the application process for the Bank of Baroda Exclusive Credit Card and unlock its exclusive features and rewards.
Fees and Charges
The Bank of Baroda Exclusive Credit Card offers the following fee structure:
Primary Card:
- First Year Fee: The first year fee is waived, meaning you won’t be charged any fee in the first statement.
- Annual Fee: The card is “Life Time Free,” which means there are no annual fees for the primary cardholder.
Add-on Card:
- First Year Fee: There is no first-year fee for add-on cards.
- Annual Fee: The add-on cards are also “Life Time Free,” with no annual fees.
With the Bank of Baroda Exclusive Credit Card, both the primary card and the add-on cards come with the benefit of being free for a lifetime, eliminating the need to pay any annual fees.
Frequently Asked Questions (FAQs) about the Bank of Baroda Exclusive Credit Card:
1. How can I apply for the Bank of Baroda Exclusive Credit Card?
You can apply for the credit card by visiting the Bank of Baroda website or contacting their customer service. The application process typically involves submitting the required documents and fulfilling the eligibility criteria.
2. Can I avail myself of the lifetime free benefit if I already have another credit card?
Yes, you can still enjoy the lifetime free benefit of the Bank of Baroda Exclusive Credit Card, even if you have another credit card. Simply provide a copy of your latest bill statement from your existing credit card along with your application.
3. What are the benefits of the milestone rewards on this credit card?
The milestone rewards program allows you to earn additional reward points. You can earn 1,000 reward points by transacting with your card within 30 days of issuance. Additionally, you can earn 4,000 reward points every quarter by spending more than your card’s credit limit.
4. Is there a fuel surcharge waiver on this credit card?
Yes, you can enjoy a 1% fuel surcharge waiver at all fuel stations across India for transactions between ₹400 and ₹5,000. The maximum waiver per statement cycle is ₹250. However, please note that fuel transactions do not earn reward points.
Conclusion:
The Bank of Baroda Exclusive Credit Card is designed exclusively for esteemed members of ICAI, offering a range of benefits, privileges, and rewards. With features like accelerated rewards, travel benefits, fitness perks, and more, this card aims to enhance your lifestyle and provide value for your money. The lifetime free feature for both the primary and add-on cards eliminates the burden of annual fees. By considering the eligibility criteria and providing the necessary documents, you can apply for this credit card and enjoy its exclusive advantages.
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