ICICI Credit Card Application Status HDFC Credit Card Customer Care Number HDFC Forex Card BOB Easy Credit Card HDFC Regalia Credit Card

Have a Question?

+1 5589 55488 55

contact@example.com

BOB Easy Credit Card

The BOB Easy Credit Card was launched for 'EASY' living, as suggested by the name. It offers up to 5X rewards on daily spending, which can also be redeemed as cashback.The card offers various other benefits along with it. The card has its core benefits and merits over shopping and entertainment spending. Credit card applicants who are most likely going to be spending on these categories can opt for this card for the highest benefits.

 

Features and Benefits of BOB Easy Credit Card

  • Earn 1 reward point on every Rs.100 spent on the card
  • Five times more rewards on every Rs.100 spent on grocery, departmental stores and movies
  • Reward points can be redeemed for cash back and other exciting gifts and vouchers
  • Pay your credit card bill on time and get 0.5% of the bill amount as cash back in the next statement
  • Annual fee waiver if the spends in first 60 days of availing the credit card is Rs.6,000 and Rs.35,000 in a year.
  • 1% fuel surcharge waiver valid at all petrol stations across India for a minimum transaction amount of Rs.400 and the maximum amount of Rs.5,000
  • Convert purchases above Rs.2,500 into easy monthly instalments (EMIs) and repay it in 6 or 12-month tenures.
  • Up to three add-on credit cards can be availed for primary cardholder's family members including spouse, parents, sibling and kids above 18 years of age
  • Free personal accidental death insurance
  • Zero liability on lost card provided the loss is reported within 24 hours of incident occurrence
  • Up to 50 days of interest-free period
  • Revolving credit facility available on payment of the minimum amount due

 

Fees and Charges for BOB Easy Credit Card

 

Here's a comprehensive overview of the Fees and Charges associated with the BOB Easy Credit Card:

Type of Charge Amount (Rs.)
First-year fee Rs.500/-
Annual fee Rs.500/-
Cash withdrawal fee (Domestic ATMs) 2.5% of the transaction amount subject to a minimum of Rs.300
Cash withdrawal fee (International ATMs)              3.0% of the transaction amount subject to a minimum of Rs.300
Finance charges or interest 3.25% per month or 39% per annum
Duplicate bill fee Rs.25 per request
Cheque return charges 2% of the cheque amount or Rs.300 whichever is higher
Over limit charges 1% if the usage exceeds the sanctioned credit limit per month
Card replacement charges Rs.100 per request
Foreign currency transaction fee 3.5% of the transaction amount
Charge slips retrieval charges Rs.250 per slip
Card de-blocking charges Rs.300 per instance
Late payment charges Rs.201 to Rs.500 - Rs.100
Rs.501 to Rs.1,000 - Rs.400
Rs.1,001 to Rs.10,000 - Rs.500
More than 10,001 - Rs.750

 

 

Eligibility Criteria & Required Documentation

 

Here's a table outlining the Eligibility Criteria and Required Documentation for the Bank of Baroda (BOB) Easy Credit Card:

Eligibility Criteria Details Required Documentation Accepted Documents
Age 21 to 65 years Proof of Identity PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, Driving License
Nationality Indian Resident Proof of Address Aadhaar Card, Voter ID, Passport, Driving License, Utility Bills, Rent Agreement
Income Stable income (Salaried or Self-Employed) Proof of Income

• Salaried: Last 2 months’ salary slips + bank statements

• Self-Employed: Latest ITR
Credit Score Minimum 750 CIBIL score recommended _ _

 

 

Apply for Bank of Baroda Easy Credit Card

Applying for the Bank of Baroda (BOB) Easy Credit Card is a straightforward process. You can choose to apply online or in person at a branch. Here's a step-by-step guide for both methods:

Online:

  • Visit the Official Website.
  • Select the Easy Credit Card.
  • Click on the "Check Eligibility" or "Apply Now" button.
  • Enter the required personal, employment, and financial information to assess your eligibility.
  • Fill out the online application form with accurate details, including your name, contact information, PAN number, and income details.
  • Authenticate your application using your Aadhaar number for e-signature, facilitating a paperless process.
  • Schedule and complete a video KYC to verify your identity.​Ensure you have your original PAN card and Aadhaar card during the video call.
  • After completing the above steps, submit your application.
  • The bank will review your application and may contact you for any additional information or clarification.
  • Upon approval, your credit card will be dispatched to your registered mailing address within a few working days.

Offline:

  • Visit the Nearest Branch.
  • Request the Credit Card Application Form from a bank representative.​
  • Fill Out the Form.
  • Submit the filled application form along with photocopies of the required documents.
  • The bank will process your application and may contact you for further verification or information.
  • Once approved, your credit card will be mailed to your registered address.

 

FAQ (Frequently Asked Questions)

  1. What are the finance charges with Bank of Baroda Easy Credit Card?
    • ​​​​​​​Yes, the finance charge with this card is 0.25% per month or 39%
  2. Can I get a Bank of Baroda Easy Credit Card if I do not pay any taxes?
    • ​​​​​​​Yes, you can get the credit card even if you do not pay tax. However, you have to meet the eligibility criteria that are set by the bank to get the credit card.
  3. What is the credit limit?
    • ​​​​​​​Credit Limit is the maximum amount you can spend using the credit card. The credit limit is dynamic and may be increased or decreased based on your card usage and payments.
  4. Does the add-on card have a separate credit limit?
    • ​​​​​​​​​​​​​​No, the cardholder of the add-on will share the same credit limit assigned to the primary cardholder.
  5. What documents do I need to submit as address proof?
    • ​​​​​​​​​​​​​​Aadhaar Card, Ration Card, Passport, Bank Account Statement, Voter's ID Card, Letter from any recognized public authority, Telephone Bill, Electricity Bill, Water Bill (not more than 3 months old).
  6. What is a PIN?
    • ​​​​​​​PIN stands for Personal Identification Number that is used to authenticate cash withdrawals at ATMs and sometimes, online transactions. The PIN should not be shared with anyone or written down by the user.
  7. What are MasterCard and Visa?
    • ​​​​​​​MasterCard and Visa are multinational financial services corporations. They provide the payment network through which transactions take place.
  8. Is the BoB Easy Card lifetime free?
    • ​​​​​​​Bank of Baroda is running a limited-period offer for the Easy card to be free. But, after the offer, the same charges, i.e., Rs. 500 annual charges, will be applied. However, these charges can also be reversed with specific terms and conditions.