Bank of Baroda Select Credit Card
Joining Fee: No joining fee (Limited period)
Renewal Fee: No renewal fee (Limited Period)
Reward Type: Reward Points
Reward Points
Base Rewards: Earn 1 Reward Point for every ₹100 spent on all eligible transactions.
Enhanced Rewards: Earn 5 Reward Points per ₹100 on dining and online purchases, with a monthly cap of 1,000 points. Once the cap is reached, you’ll earn at the standard rate.
Exclusions: Fuel transactions do not earn Reward Points.
Reward Redemption
Flexible Options: Redeem Reward Points for cash or various other choices. Each Reward Point is worth ₹0.25.
Insurance Benefits
Accidental Death Coverage: Includes insurance for accidental death for the primary cardholder.
Fuel Surcharge Waiver
1% Waiver: Enjoy a 1% waiver on fuel surcharges for transactions between ₹400 and ₹5,000, capped at ₹250 per month.
Other Charges:
Interest Rate: 3.25% per month on overdue amounts.
Forex Markup Fee: 3.5% on international transactions.
Cash Withdrawal Fee: 2.5% of the amount or ₹300, whichever is higher.
No Fee for Add-On Cards: Add-on cards are available without additional charges.
Summary
The Bank of Baroda Select Credit Card offers significant savings with its exclusive rewards program. Alongside earning standard rewards on all transactions, cardholders benefit from additional rewards for dining and online purchases. Its affordability makes it an accessible choice for those new to credit or seeking a card to maximize savings on everyday spending.