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ICAI BoB Exclusive Credit Card Features and Benefits

Exclusively made for ICAI members, the Bank of Baroda Exclusive Credit Card comes with a number of exciting benefits across different categories, including travel, rewards, insurance, and many more. You get great welcome benefits and a chance to earn up to 16,000 bonus Rewards every year. For detailed features and benefits of this card, refer to the following points:

Welcome Benefits

• You get a complimentary 6-month FitPass Pro membership.
• You get 500 bonus Reward Points on spending ₹5,000 within 60 days of card issuance.

Milestone Benefits

• You can get 4,000 bonus reward Points every quarter on spending more than your total credit limit ₹1 Lakh (whichever is higher) in a quarter.
• Get 1,000 bonus Reward Points every month on making at least 5 transactions worth Rs. 1,000 or more in a month.

Travel Benefits

• The cardholders get 12 complimentary domestic lounge access every year with the ICAI Exclusive BOBCARD Credit Card (capped at three visits per quarter) on spends of ₹40,000 in the previous quarter.
• Moreover, the card has a low forex markup fee of 2% only, which makes it a suitable card for international transactions.

Insurance Benefits

• The cardholders get insurance coverage worth Rs. 15 lakhs against death due to personal air accident.
• You also get an insurance cover worth Rs. 5 lakhs against non-air accident and a Professional Indemnity Insurance Cover worth Rs. 5 lakhs.

Fuel Surcharge Waiver

• You get a 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 5,000.
• The maximum waiver per month is capped at Rs. 250.

ICAI Bank of Baroda Exclusive Credit Card Reward Points

The reward rates offered by the ICAI BoB Exclusive Credit Card in different categories are as follows:

• You get 1 Reward Point on every retail spend of Rs. 100.
• You get 5x rewards on all your spends on dining, utility, and online purchases.
• No Reward Points are earned on fuel transactions.

Reward Redemption

• The Reward Points earned using the ICAI Exclusive credit card can be redeemed against various options available at the BoB Rewards portal.
• 1 Reward Point = Re. 0.25.

ICAI BoB Exclusive Credit Card Fees and Charges

Some very important fees and charges associated with the Bank of Baroda Exclusive Credit Card are mentioned below:

• This credit card is lifetime free, i.e, the cardholders don’t need to pay any joining or annual membership fee for it.
• The interest rate on the BoB ICAI Exclusive Credit card is 3.49% per month.
• The foreign currency markup fee on this credit card is 2% of the total conversion amount, which is lower than the fee charged by most of other cards in the market.
• The cash advance fee on this credit card is 2.5% or Rs. 300 at domestic ATMs and 3% or a minimum of Rs. 300 at international ATMs.

ICAI Bank of Baroda Exclusive Credit Card Eligibility Criteria

The eligibility criteria that the applicants need to fulfill in order to get approved for the BoB ICAI Exclusive Credit card are as follows:

• The applicant should be an active ICAI member.
• The supplementary cardholder’s age should be a minimum of 18 years.
• The applicant should have a decent credit score.
• The applicant should be an Indian resident.

Documents Required

The list of documents required to apply for the Bank of Baroda ICAI Exclusive Credit Card is given below:

• Photocopy of PAN Card.
• ICAI Membership Card photocopy.
• Recent Passport sized photograph.
• Latest salary slips/ITR.
• Address proof (such as latest utility bills, Aadhar Card, etc).

How To Apply For The ICAI Bank of Baroda Exclusive Credit Card?

You can apply for the Bank of Baroda ICAI Exclusive Credit Card online as well as offline as oer your mode of comfort. You can apply for it offline by visiting your nearest BoB branch with all the required documents as mentioned above and filling out the physical application form. To apply online for this card, follow the below-mentioned steps:

• Under the ICAI Exclusive Credit Card, click on ‘Apply Now.’
• Fill in all the required details in the application form.
• Review your application carefully and submit it.

Bottom Line

The BoB ICAI Exclusive Card is just a great option for ICAI members as they are getting all the above-mentioned benefits without any membership charges. A lifetime free credit card with such great benefits is not a bad deal at all. Moreover, the card has a low forex markup fee of 2% only, which makes it a suitable card for international transactions. From travel privileges to insurance benefits and many more advantages, the BoB Exclusive Credit Card offers you much more than one expects from a zero annual fee card. So, if you are an eligible individual, you should definitely try to get this card.