Bank of Baroda Eterna Credit Card
Joining Fee: ₹2,499 + GST
Renewal Fee: ₹2,499 + GST
Best Suited For: Shopping
Reward Type: Reward Points
Welcome Benefits
FitPass Pro Membership: 6-month membership covering 2,500 premium gyms and fitness studios.
Initial Reward Points: Earn 10,000 reward points on spending ₹50,000 within the first 60 days.
Rewards Program
Accelerated Rewards: 15 points per ₹100 on online shopping, travel, dining, and movies (up to 5,000 points/month).
Standard Rewards: 3 points per ₹100 on all other spends.
Milestone Benefits
Bonus Reward Points: 20,000 points for annual spending of ₹5 lakh.
Spend-Based Waivers
Joining Fee: Waived on spending ₹25,000 in the first 60 days.
Annual Fee: Waived for the next year if spending ₹2.5 lakh in the previous year.
Travel Benefits
Accelerated Points: 15 reward points per ₹100 on travel expenses.
Air Accident Cover: ₹1 crore for personal loss of life.
Foreign Currency Markup: Reduced to 2%.
Lounge Access: Unlimited complimentary access to domestic airport lounges with MasterCard.
Movie and Dining Benefits
Dining Deals: Over 250 culinary deals through Mastercard Priceless Specials.
Accelerated Points: 15 points per ₹100 on dining and movie spends.
Movie Ticket Offer: Buy one, get one free on Paytm Movies (up to ₹250/month).
Insurance Benefits
Air Accident Cover: ₹1 crore for loss of life.
Accidental Death Cover: ₹10 lakh for other causes.
Golf Benefits
Complimentary Rounds: 4 rounds annually (1 per month).
Golf Lessons: 12 lessons annually (1 per month).
Green Fee Waiver: 50% off beyond complimentary sessions.
Low Foreign Currency Mark-up
Fee: 2% on foreign transactions.
Fuel Surcharge Waiver
Waiver: 1% on fuel surcharges for purchases between ₹400 and ₹5,000, capped at ₹250 per month.
Reward Redemption
Options: Redeem as cashback or for various items such as hotel/flight/movie tickets, mobile recharge, and shopping on the BOB reward portal.
Value: 1 reward point = ₹0.25.
Other Charges
Interest Rate: 3.25% per month (39% per annum).
Cash Advance Fee: 2.5% of the withdrawn amount, minimum ₹500.
Foreign Currency Markup Fee: 2% of the transaction amount.
Summary
The Eterna Card stands out with its attractive reward rate, especially for online spending, although accelerated rewards are capped at 5,000 points per month. As a premium credit card, it offers additional perks like complimentary golf rounds and airport lounge access across India. With an annual fee of ₹2,499, it is notably lower than other premium cards, such as the HDFC Infinia, which costs over ₹10,000 annually. The Eterna Card also has less stringent eligibility criteria compared to its competitors. It’s a strong choice for those seeking premium benefits without the high membership fee.