BOB Select Credit Card Features & Benefits, Fees, Eligibility and Online Application

BOB Select Credit Card – BOB Financials is one of the biggest credit card vendors in India. Bank of Baroda Select or. BoB Select credit card is an entry-class credit card from Bank of Baroda.  Features of this credit card and benefits are quite impressive. one of the cards most appropriate for the lifestyle of each individual. The card offers you all the advantages like cash back and fuel rebate. This card is a single-window solution for all your purchases at a reasonable cost.

Features and Benefits of BOB Select Credit Card 

Reward points System:

• Earn 1 reward point on each Rs.100 spent for all categories and 5 times more rewards on online purchasing, restaurants and utility bills.
• Up to 1,000 premium points on 5 transactions greater than Rs.1000 on the card.
• Exchange your reward points for cash back or other interesting gifts and vouchers.

Annual Charge Waiver:

Take advantage of the yearly fee exemption by spending Rs.7,500 within the first 60 days of taking advantage of the credit card and Rs.70,000 per year.

Fuel surcharge waiver: 

No fuel surcharges on any fuel transactions made at any gas station in India. Surcharge exemption applies from a minimum transactional value of Rs.400 and up to a maximum amount of Rs.5,000.

Convert purchases into EMIs Easily: 

Credit card purchases greater than Rs.2,500 may be converted into Easy Monthly Payments (EMI). There are two installment options available one is 6 months and second is 12 months. 

Free add-on cards: 

Up to 3 complimentary credit cards for life for the primary cardholder’s family members. Complementary cards can be used by spouses, parents, siblings and children over the age of 18.

Free insurance cover: 

The Select Credit Card includes integrated accidental death insurance, which provides financial protection for the cardholder and their family. Insurance is available at no cost.

Zero liability on lost card: 

Report lost BOB Select credit card within 24 hours and remain 0% responsible for any subsequent fraudulent transactions.

Other features: 

The card offers up to 50 days of interest-free credit. Revolving credit facility available upon payment of the minimum sum owing.

Fee and Charges on BOB Select Credit Card

Following are the charges and fees BOB Select  credit card holder have to pay: 

• Annual Charges/Joining Fee – Rs. 750/- 
• Charges for Reissue/Replacement – Rs. 750/-
• Fee for Overlimit – 1% 
• Charge on Cheque Bounce – Rs. 300 or 2% (Higher one) 
• Charges on Cash Payment – Rs. 100
• Foreign Currency Markup – 3.5%
• Card Replacement Charge – Rs. 100/-
• Charges on Cash Withdrawal – Minimum Rs. 300 or 2.5% (On domestic ATMs)
• Charges on Cash Withdrawal – Minimum Rs. 300 or 3% (On International ATMs)
• Interest on Product Finance with Card – 3.25% interest per month (39% annually).
• Late Payment/Outstanding Payment Charges – 

Eligibility Criteria for BOB Select Credit Card 

To get this card you should fulfil the following eligibility criteria- 

• Applicants must be between 18 Years to 65 Years. 
• Add-on Card holder must be above 18 years
• Applicants must be salaried or self-employed.
• Applicants should have a Minimum Annual Income Rs. 25 Lakhs/Salary of Rs. 3 Lakhs.
• Applicants must show verification documents like self-attested copies of income proof, identity proofs, residence proof, PAN card along with a photograph.
• Applicants must be residents of India. 

Also read Best Credit card for online shopping from Flipkart

Documents Required for BOB Select Credit Card 

Here is the list of Documents to get a Bank of Baroda Select Credit Card

KYC documents

• PAN card photocopy or Form 60 and the Income Tax Returns Statement
• 2 passport size Colour photograph
• Latest 3 months Salary Slip/Proof of salary or Bank statement for income proof  verification/IT return copy for self employed person.

Category wise distribution of Documents for better understanding: 

For Identity Proof (You will need anyone out these Documents)

• PAN Card
• Aadhaar Card
• Voter’s ID Card
• Passport
• Driving Licence

Proof of Address (You will need anyone out these Documents)

• Aadhaar Card
• Passport
• Any other government-approved ID

Proof of Income (You will need anyone out these Documents)

• Your Bank Account statement for the latest 3 months.
• Latest 3 months salary slips. 
• Two Years Income Tax Return file (for self-employed)
• Form 16

How to Apply for BOB Select Credit Card 

There are two methods by which you can Apply for a Bank of Baroda Select Credit Card- 

Online Method

1. First of all, applicants have to visit the official website of Bank of Baroda financials https://www.bobfinancial.com/.  
2. Choose the Select Credit Card from the list of Credit Cards.  
3. Click on the ‘Apply Online’ option. After that it will ask you for registration. 
4. For further application process it will send you an OTP on your registered mobile number. 
5. Use this OTP to fill further information in the Application form. 
6. You will receive a call from the Bank Executive for your and he will visit your current address for documents verification. 
7. After successful verification of documents you will get your credit card within 7-10 Working Days at your home.

Offline Method 

In the Offline method you have to simply visit the nearby BOB Branch. 

At the bank branch executive will help you to fill your BOB Select Credit Card Application. 

FAQs for BOB Select Credit Card