The Bank of Baroda (BoB) ICAI credit card is designed especially for the esteemed members of the Institute of Chartered Accountants of India (ICAI). Also known as the Bank of Baroda CA credit card, the card is packed with special benefits, world-class privileges, and easy access to credit whenever you need it. Read on to know more about how to apply for a credit card, features and benefits of the card as well as the associated charges and credit card rewards.
The BoB ICAI credit card benefits are as follows:
For every ₹100 spent on dining, online purchases, and paying utility bills, earn 5 reward points (maximum 1,000 reward points per month)
Earn 1 reward point (RP) for every ₹100 spent on any other category
Get complimentary six-month FITPASS PRO membership worth ₹15,000 as a welcome gift
Earn 1,000 bonus reward points against five transactions (worth ₹1,000 or more), every month
Get 12 complimentary domestic airport lounge access (maximum 3 per quarter) at partner lounges
Use the 2% reduced Forex mark-up to save on international spends
Get fuel surcharge waiver of 1 per cent on transactions between ₹400 and ₹5,000 (max. ₹250 per statement cycle) at all fuel stations in the country
Redeem reward points earned in the form of cashback (1 RP = ₹0.25)
Convert purchases that are worth more than ₹2,500 into easy EMIs of 6 or 12 months
Enjoy zero liability if credit card loss is reported immediately
Get Professional Indemnity Insurance Cover of ₹5 Lakhs as well as Accidental Death Cover of ₹15 Lakhs for air and ₹5 Lakhs for the non-air category, free of cost.
Avail a maximum of three lifetime-free, add-on cards (for parents, spouse, children aged 18 or above, or siblings)
Type of fees and charges |
Amount* |
Joining Fee / Annual Fee |
Nil |
Finance Charges |
3.49% per month, i.e. 41.88% per annum |
Late Payment Charges |
|
Cash Withdrawal Charges |
2.5% of the amount or ₹500 (whichever is higher) |
Charge for unblocking credit card |
₹300 |
Cheque Return Charges |
2% of the cheque amount or ₹300 (whichever is higher) |
Foreign Currency Transaction Fee |
2.00% |
The Bank of Baroda Chartered Accountant credit card or ICAI Exclusive credit card lets you earn reward points against all your purchases. For every ₹100 spent on dining, online purchases, and paying utility bills, you can earn 5 reward points (maximum 1,000 reward points per month).
You can also earn 1,000 reward points on spends over the credit card limit within the first 30 days of card issuance (earn 4,000 reward points every quarter). Once you have accumulated enough reward points, you can redeem them for cashback. For every 4 reward points, you will get ₹1 as cashback.
Know more about top Bank of Baroda Credit cards like - Bank of Baroda Eterna Credit Card, BOB Prime Credit Card, BOB Kisan Credit Card.
The eligibility criteria for getting a Bank of Baroda ICAI credit card are as follows:
You must be an active and eligible member of ICAI as per the credit policy
You must be over 18 years of age if you are an add-on cardholder
If you are eligible, you can submit the application along with a recent passport-size photo and the below-mentioned documents:
Identity Proof: A copy of the PAN Card and ICAI membership card.
Address Proof: A copy of either your Aadhaar Card, Passport, Voter ID card, driving license, latest utility bills, rent agreement, municipal tax receipt, property tax receipt, or an official document issued by the state or central governments with the updated address.
Income Proof: Latest salary slip/income tax return or a copy of the latest statement generated for an existing credit card.
Please note that Bank of Baroda (BoB) credit cards are not available on the Bajaj Markets website. However, if you wish to apply for a Bank of Baroda ICAI credit card online, you can do so by visiting the Bank of Baroda website and filling in the credit card application form. Alternatively, you can visit the Bank of Baroda branch and request a bank executive to help you with the process of applying for a BoB ICAI credit card.
Card Name |
Annual Fee |
Rewards |
|
₹499 Get annual fee reversed on spends worth ₹1,00,000 in the previous year |
On every ₹100 spent on dining, movies, departmental store shopping, and grocery, earn 10 reward points On all other spends, worth ₹100 (minimum) earn 1 reward point 4 reward points = ₹1 Get 2,000 bonus reward points on spends worth ₹2,000 or more within 60 days of card issuance |
|
₹500 |
Get a ‘Buy one, Get One’ offer on Paytm Movies Get 20% off on dining at over 4,000+ partner restaurants Earn 4 EDGE REWARD points for every ₹200 spent on the card |
|
₹499 Get annual fee reversed on spends worth ₹1,00,000 in the previous year |
Get an Amazon gift card worth ₹500 on joining Earn 10X reward points on online spends at partner stores: Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, and UrbanCompany Earn 5X rewards on all other online spends |
The Bank of Baroda ICAI credit card is a special credit card that can only be availed by members of the Institute of Chartered Accountants of India (ICAI).
The Bank of Baroda credit card for chartered accountants has several benefits. It is lifetime free and can earn you reward points against your purchases. These rewards on the ICAI Bank of Baroda credit card can be redeemed for a cashback. The card comes with a complimentary six-month FITPASS PRO membership worth ₹15,000, 12 complimentary domestic airport lounge access (maximum 3 per quarter) at partner lounges, and a fuel surcharge waiver. You also get a Professional Indemnity Insurance Cover of ₹5 lakh, as well as an Accidental Death Cover of ₹15 lakh for air and ₹5 lakh for the non-air category.
Yes, the ICAI Bank of Baroda (BoB) credit card has no associated joining fee or annual fee and is a lifetime free card.
Yes, you can get a maximum of three, free add-on cards for parents, spouse, children (aged 18 or above) or siblings against your Bank of Baroda (BoB) financial ICAI credit card.