BOBCARD Premier Credit Card benefits
- Rewards10
reward points per ₹100 on travel, dining and international spends
up to 2,000 points per statement cycle
- Rewards2
reward points per ₹100 on other spends, worth ₹0.25 each
- Lounge1
domestic lounge visit a quarter, after ₹20,000 spend in the previous quarter
- Rewards500
welcome points on spends of ₹5,000 within 60 days
Good to know
- ₹0 joining fee from 1 September 2026
- ₹1,000 renewal fee, waived on yearly spends of ₹1,20,000 or more
BOBCARD Premier Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| TravelTravel spends (MCC 4722). Travel, dining and international spends share one limit of 2,000 accelerated points per statement cycle. Further spends earn 2 points per ₹100. | 10 points per ₹100 | 2,000 |
| Dining and food deliveryDining spends (MCC 5812). Shares the 2,000 point limit with travel and international spends. | 10 points per ₹100 | 2,000 |
| Everything else | 2 points per ₹100 | None |
We value one point at ₹0.25 in the usual redemption.
No rewards on: Fuel, rent, wallet loads, insurance, education, government payments, tolls, supermarkets and other select merchant categories. Transactions below ₹100 earn no points.
All reward rules
- 1 reward point is worth ₹0.25 when redeemed as cashback against the card statement. At least 1,000 points are needed.
- International spends in any category also earn 10 points per ₹100, within the same limit. The reward maths here does not model this.
- Credit card spends through UPI and utility spends (MCC 4900) earn no accelerated points.
- Supermarket and convenience store spends (MCC 5411, 5499) earn no points.
- A welcome benefit of 500 points is given on spends of ₹5,000 within 60 days of card issue.
- Reward points are valid for 2 years from the date they are earned.
What the BOBCARD Premier Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “frequent traveller” pattern. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 0% | ₹0 |
| Dining and food delivery | ₹4,000 | 2.5% | ₹1,200 |
| Online shopping | ₹3,000 | 0.5% | ₹180 |
| Travel | ₹14,000 | 2.5% | ₹4,200 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 0.5% | ₹120 |
| Everything else | ₹3,000 | 0.5% | ₹180 |
| Total | ₹30,000 | ₹5,880 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹5,880* |
BOBCARD Premier Credit Card annual fee and charges
- Joining fee
- Free
- Annual fee
- ₹1,000
- Fee waiver
- ₹1,20,000 a year
- Foreign currency markup
- 3.5%
BOBCARD's card page shows a ₹0 joining fee from 1 September 2026 and a ₹1,000 renewal fee from the second year. It is waived if you spend ₹1,20,000 in the previous card year. BOBCARD's Key Fact Statement of 17 July 2026 still shows a ₹1,000 joining fee unless you spend ₹10,000 in the first 60 days. We use the newer card page. Fees are before GST.
Fuel surcharge: 1% waiver on fuel transactions from ₹400 to ₹5,000, up to ₹250 per statement cycle. GST is not reversed.
BOBCARD Premier Credit Card eligibility
- Age
- 21 to 60
- Salaried income
- ₹7,20,000 a year
- Self-employed income
- ₹7,20,000 a year
Indian resident. The card page asks for net annual income above ₹7.2 lakh for salaried and self-employed applicants. BOBCARD may set lower or higher age cut-offs at its discretion.
The bank alone decides approval and your credit limit.
BOBCARD Premier Credit Card lounge access
4 domestic visits a year. Banks often set a spend condition, so read the reward rules above.
1 domestic lounge visit per calendar quarter. You must have spent ₹20,000 in the previous calendar quarter. The spend condition is waived in the quarter your new card is issued.
Is the BOBCARD Premier Credit Card right for you?
A card with a ₹1,000 fee that spending can waive, paying 2.5% on travel and a below-average 0.5% elsewhere.
Worth its fee if you spend about ₹7,000 a month or more. Below that, the ₹1,000 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot on travel: the card pays 2.5% back there, against 0.5% on most other spends.
- You spend ₹1,20,000 a year or more (about ₹10,000 a month), so the ₹1,000 renewal fee is waived.
- You fly a few times a year: it includes 4 domestic airport lounge visits a year.
Not for you if
- You spend less than about ₹10,000 a month: you would pay ₹1,180 a year with GST.
- Much of your spending is on groceries: this earns no rewards.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to BOBCARD Premier Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| BOBCARD Premier Credit Card | ₹1,000 | 2.5% | ₹2,700* |
| BOBCARD ETERNA Credit Card | ₹2,499 | 3.75% | ₹7,470* |
| BOBCARD TIARA Credit Card | ₹2,499 | 3.75% | ₹4,590* |
If most of your spending looks like the example above, the BOBCARD ETERNA Credit Card may suit you better: it would leave you ₹10,170 a year, against ₹5,880 with the BOBCARD Premier Credit Card.
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the BOBCARD Premier Credit Card?
The renewal fee is ₹1,000 before GST, from the second year. It is waived if you spend ₹1,20,000 in the previous card year. The joining fee is ₹0 from 1 September 2026 on BOBCARD's card page.
Is the BOBCARD Premier Credit Card lifetime free?
No. It has a ₹1,000 renewal fee. You avoid it only by spending ₹1,20,000 or more in the previous card year.
What reward points does the BOBCARD Premier Credit Card give?
It gives 10 points per ₹100 on travel, dining and international spends, up to 2,000 points per statement cycle. Other spends earn 2 points per ₹100. Each point is worth ₹0.25 as cashback.
Does the BOBCARD Premier Credit Card give airport lounge access?
Yes. You get 1 domestic lounge visit each calendar quarter. You must spend ₹20,000 in the previous calendar quarter to qualify.
Which spends earn no points on this card?
Fuel earns no points. Select categories such as rent, wallet loads, insurance, education, government payments, tolls and supermarkets also earn none. Transactions below ₹100 earn no points.
Who can apply for the BOBCARD Premier Credit Card?
The card page asks for an Indian resident aged 21 to 60 years with net annual income above ₹7.2 lakh, salaried or self-employed. BOBCARD may use lower or higher age cut-offs.