BOB Credit Cards’ Fees & Charges

Bank of Baroda, or BOB, offers an extensive range of credit cards known as BOBCARD. To utilise the various services and facilities of this card, you need to pay some fees and charges. It varies based on the card you opt for and the features and benefits it offers.

Whether you withdraw cash using your card, make foreign transactions, or use the balance transfer facility, you need to pay some charges. Hence, it is essential to be aware of the different types of BOB Bank Credit Card charges and choose the right option.

You need to pay an annual fee on a yearly basis when you get a credit card to keep your account active. This fee varies for different types of cards, and some cards, known as lifetime-free cards, do not come with an annual fee. 

This fee may be waived for some cards if you meet certain spending thresholds. Check the table given below to know the annual fee for various cards from Bank of Baroda:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.

If you need quick access to cash for any unforeseen requirements, you can withdraw cash using your credit card. While this facility is helpful during financial emergencies, it comes with a charge. 

These cash withdrawal charges or cash advance fees are a percentage of the amount you choose to withdraw. Check out the table below to know the charges:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.

You need to pay BOB Credit Card forex charges when you make international transactions or to a foreign merchant. These charges depend on the transaction amount. 

If you are a frequent traveller or planning to travel abroad, it is critical to know these charges. Refer to the table given below to know the forex charges:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.

Another BOB Credit Card fee you should be aware of is the balance transfer charge. This fee is applicable when you shift another credit card's balance to a Bank of Baroda Credit Card. The balance transfer fee is typically a percentage of the total amount that you choose to transfer to your new card. 

Based on your creditworthiness and overall financial profile, credit card providers grant you a credit limit on your credit cards. Issuers allow you to make transactions more than the credit limit on your card. This facility can be helpful in case of an emergency payment.

However, it comes with an over-limit charge, depending on the transaction amount. Check the following table to know the over-limit charges:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.

At the end of the month, Bank of Baroda provides you with credit card statements, which include the total bill and the minimum amount due. In case you fail to pay at least the minimum amount due by the due date, the bank levies late payment charges. 

It is generally a percentage of the amount due. In addition, interest also applies to the balance amount till you repay the entire debt. Refer to the table below to know the charges for late payments:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.

Check out the table below to learn some other types of BOBCARD fees and charges:

Disclaimer: The above-mentioned fees and charges are subject to change as per changes in the issuer’s policies.