ICAI Bank of Baroda Exclusive Credit Card
Joining Fee: No joining fee
Renewal Fee: No renewal fee
Reward Type: Reward Points
Welcome Benefits
FitPass Pro Membership: Complimentary 6-month membership.
Initial Bonus: 1,000 bonus Reward Points for activating the card within the first 30 days.
Rewards Program
Standard Rewards: 1 Reward Point per ₹100 on all retail spends.
Accelerated Rewards: 5x Reward Points on dining, utility, and online purchases.
Fuel Transactions: No Reward Points earned.
Reward Redemption
Options: Redeem points for various options available on the BoB Rewards portal.
Value: 1 Reward Point = ₹0.25.
Milestone Benefits
Quarterly Bonus: 4,000 bonus Reward Points for spending more than your total credit limit each quarter.
Monthly Bonus: 1,000 bonus Reward Points for making at least 5 transactions of ₹1,000 or more each month.
Travel Benefits
Domestic Lounge Access: 12 complimentary visits per year (capped at 3 visits per quarter).
Forex Markup: Low fee of 2% for international transactions.
Insurance Benefits
Air Accident Cover: ₹15 lakh for death due to personal air accident.
Non-Air Accident Cover: ₹5 lakh.
Professional Indemnity Insurance: ₹5 lakh.
Fuel Surcharge Waiver
Waiver: 1% off on fuel transactions between ₹400 and ₹5,000.
Maximum Benefit: Capped at ₹250 per month.
Summary
The BoB ICAI Exclusive Card is an exceptional choice for ICAI members, offering all its benefits with no membership charges. This lifetime-free card provides significant advantages, including travel privileges and insurance benefits, making it a standout option among zero annual fee cards. With a low forex markup fee of just 2%, it's also well-suited for international transactions. For eligible individuals, the BoB ICAI Exclusive Card is a valuable option worth considering.