This Bank of Baroda Select Credit Card gives access to many benefits like fuel purchases, utility bill payments, online shopping, dining spends, and many more. This credit card also regularly gives a lot of rewards, making it possible to buy this credit card.
But for the people who use a credit card regularly and spend Rs.70,000 annually, this credit card is considered the best.
And to review more details about this credit card in a detailed version, let’s jump in.
- Any transaction between Rs.400 to Rs.5,000 is waived by 1% on fuel surcharge.
- You can waive annual fees on spending Rs.7,500 in 60 days and one-year Rs.70,000.
- In one month, you can get 1,000 reward points which are more than Rs.1,000 on 5 transactions.
- You can redeem the reward points when you wish as cashback or even some other options.
i. Every month, the cardholder can get 1,000 bonus rewards.
ii. On every Rs.100 expenditure, you can earn 1 reward point.
iii. In every month, you can get 1,000 reward points at 5X rewards on the mentioned categories’ products. But only one time you can avail this, and if any other extra spendings are done, they can earn reward points on the normal earn rate.
iv. You can also get 5X rewards on every Rs.100 expenditure on Utility Bills, Dining, Online Shopping.
What Makes This Credit Card Better From Other Credit Cards?
Who Should Opt For The Credit Card?
This card is for the people at the beginners’ level of the credit card that comes with a renewal fee of Rs.499, and for the cardholders, it is ideal.
They are: –
- Look for extra rewards while spending a certain amount of money.
- Look for a minimal annual fee credit card.
- Look for many options for bonus reward points.
Features & Benefits
1. Reward Points Programme
- The transactions of Rs.1,000 within the total of 5 transactions, you can get 1,000 bonus reward points.
- You can get 5X more reward points on utility bills, shopping, and dining payments, and by spending Rs.100, you can get 1 reward point.
- You can redeem points for some good vouchers and gifts or get cashback.
2. Fuel Surcharge Waiver
At any fuel station all over the nation, you get zero surcharges on fuel transactions. You can get a surcharge waiver on the transaction of a minimum of Rs.400 to a maximum of Rs.5,000.
3. Free Insurance Cover
This Bank of Baroda Select Credit Card offers accidental death insurance to give financial protection to the cardholder or his/her family. And this is provided completely free of cost.
4. Annual Fee Waiver
By expending Rs.7,500 within the first 60 days of the credit card and Rs.70,000 in one year, then you can have an opportunity to enjoy the annual fee waiver.
5. Zero Liability on Lost Card
Take into practice that whenever your Bank of Baroda Select Credit Card gets lost, then in the first 24 hours, report it to the bank, and after that, if any transactions take place, you will not be at any fault.
6. Free add-On Cards
You can get up to 3 add-on people for one card from the family. After that, this add-on card can be used by children (above 18 years), spouse, or parents.
7. Convert Purchases into EMIs
Any purchase that is more than Rs.2,500 by this credit card can easily convert that transaction into easy monthly instalments. These repayment tenures include 6 or 12 months.
8. Other Features
Till 50 days of times is provided by the bank for the interest-free period. And on the minimum amount payment revolving credit facility is also available.
9. Cash on Card Repayment
You can 0.5% of bill payment for paying the bill by your card in the next statement.
10. Multiple Redemption Options
Cashback and many other options are also given to redeem the earned reward points.
Fees & Charges
Eligibility & Documents Required
The below-listed details are the criteria that the bank sets for this Bank of Baroda Select Credit Card. And if anyone wants to buy this card, then he/she has to meet these criteria, which the bank sets. Also, the bank may require documents other than these. And to approve or decline the application is totally under the bank’s control.
The cardholder is required to submit some important documents which are necessary to submit. They are KYC Documents, which include Proof of Address, Identity, and Income.
The rough list of the documents is mentioned below: –
- A cardholder should have at least one account with the Bank of Baroda.
- A cardholder should have an audited balance sheet for the last three years.
- Profit and loss account.
How To Apply For The Card?
If you want to apply for the Bank of Baroda Select Credit Card, you can fill out the form by downloading the official website’s application. There you will be asked to fill out the details and to attach some documents for verification. After doing everything, you will have to submit the form to the nearest bank of the Baroda branch.
Be very sincere in filling out the form. Sign where it is asked, keep a photograph, that submit all the documents to your nearest Bank of Baroda branch.
The other option is to send a text for applying for the Bank of Baroda Select Credit Card form. The format of text would be like this – ‘Apply <your city>’ to 9223990624.
After this, the bank’s authorized person will contact you and fix a meeting to take you through the process.
1. How can you pay for the Bank of Baroda Select Credit Card?
To pay for your Bank of Baroda Select Credit Card would be through debit card, net banking, or UPI. And if you are not into all this online payment mode, you can also pay through demand draft, cash, or cheque. Another can be setting a standing instruction from which the outstanding amount will get reduced on the due date from your account.
2. If I lose my credit card, what can I do or what should I do?
First, you should call Bank of Baroda’s customer care and let them know about the event and request them to block your card.
Or else you may have to go to the police and file an FIR and give a copy of it to the bank. After your card gets blocked, the lender from the bank will give you a duplicate card.
3. In any case, if I find my lost credit card, what I need to do?
That would not be of any use, as you have already told your bank to block the credit card. The only thing you can do is to destroy the card by cutting it into two pieces across the magnetic strip.
4. If I forgot to pay for my credit card bill on time, will my credit score get affected?
Yes. Definitely, your credit score gets affected in a bad way and gives a bad impression of you in front of the bank. Therefore, be accurate enough to pay the bills to the bank to keep a good track of your credit score.
Bank of Baroda is considered one of the top credit cards in India. This bank offers many options in the list of credit cards, but in all, one of the credit cards suits an individual’s lifestyle well. This credit card serves with all the benefits you ask from a credit card is served by card. With that, this card provides a very nominal fee for all the shopping need one has.