BOBCARD Premier Credit Card
Fees
Joining Nil
Annual ₹1,000 + Taxes (first year free)
1st year freeReward Rate
10 reward points per ₹100 (2.5% at ₹0.25 a point) on travel, dining and international spends, up to 2,000 points a cycle; 2 points per ₹100 (0.5%) elsewhere
Welcome Bonus
500 bonus reward points on spending ₹5,000 within 60 days
Lounge
1 Domestic/Qtr (spend-based)
Our Expert Take
Premier earns 2.5% on dining, travel agency bookings and international spends, which is decent for a ₹1,000 card with a free first year. The catches: the 5X rate stops at ₹500 of value a cycle, airline websites don't count as travel, and the 3.5% forex markup undercuts its travel pitch.
Reward limits
Checked 18 Oct 2026 · Bank terms
-
5X points (travel, dining, international)
Max 2,000 points (₹500) per statement cycle
Reached after about ₹20,000 of spend
No rewards on: Fuel, UPI (base points only), utilities (MCC 4900) for the 5X rate, and the MCCs in BOBCARD's annexure
Where this card earns most
Paying directly in the app or site · 0.5% on other spends
Pros & Cons
Key Advantages
- 2.5% back on dining, travel agency bookings and international spends
- Points redeem as cashback at ₹0.25 each
- One domestic lounge visit a quarter
- No fee in the first year
Limitations
- 5X rate stops at 2,000 points a cycle (about ₹500 of value)
- Airline websites don't count as travel; only travel agencies (MCC 4722) do
- 3.5% forex markup despite the travel focus
- Only 0.5% on everyday spends
Key Perks & Spending Milestones
1% fuel surcharge waiver on ₹400 to ₹5,000 (max ₹250 a cycle)
Up to 3 lifetime-free add-on cards
Smart EMI on purchases above ₹2,500
Spend milestone
500 bonus points on ₹5,000 spend within 60 days
Spend milestone
Annual fee waived on ₹1.2 Lakh spend in the previous card year
Fees & Charges
Joining fee
Nil
Annual fee
₹1,000 + Taxes (first year free) 1st year free
No joining or first-year fee for cards issued from 1 Sep 2026. From the second year, the ₹1,000 annual fee is waived on ₹1.2 Lakh spend in the previous card year.
Interest rate
3.75% per month (45% per annum)
Late payment fee
- Up to ₹500
- ₹100 (₹100 to ₹500); nil below ₹100
- ₹501 to ₹1,000
- ₹400
- ₹1,001 to ₹5,000
- ₹750
- ₹5,001 to ₹10,000
- ₹750
- ₹10,001 to ₹25,000
- ₹950
- ₹25,001 to ₹50,000
- ₹1,100
- Above ₹50,000
- ₹1,300
Insurance & Protection Benefits
lost card liability
Zero liability once the loss is reported
Eligibility Criteria
salaried minimum income
Net annual income above ₹7.2 Lakh
self employed ITR
Net annual income above ₹7.2 Lakh
age
25 to 55 years
Credit score & income
Good (750+)
Frequently Asked Questions
What does the BOBCARD Premier earn?
Does BOBCARD Premier have lounge access?
What is the BOBCARD Premier annual fee?
Compare BOBCARD Premier Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| BOBCARD Premier Credit Card This Card | ₹1,000 + Taxes (first year free) | 10 reward points per ₹100 (2.5% at ₹0.25 a point) on travel,... | 1 Domestic/Qtr (spend-based) | 3.5/5 |
| HDFC Infinia Credit Card Metal Edition | ₹12,500 + Taxes | 5 reward points per ₹150; up to 10X on SmartBuy flight/hotel bookings | Unlimited Domestic + International | 4.9/5 |
| Axis Bank ATLAS Credit Card | ₹5,000 + Taxes | 5 EDGE Miles per ₹100 on travel; 2 EDGE Miles per ₹100 on general spends | 8 Domestic + 4 International/yr | 4.8/5 |
| Axis Bank Burgundy Private Credit Card | ₹50,000 + Taxes | 15 EDGE Reward points per ₹200 spent on retail and international... | Unlimited Domestic + International | 4.8/5 |