Route spending through 5X rewards on travel spends.
Earn 2.5× here — 2.5% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Mid-tier · Dining
BOB FINANCIAL · BOB FINANCIAL PREMIER CREDIT CARD
BOB Financial Premier Credit Card
ANNUAL FEE
₹1,000 waived at ₹1L spend
FIRST-YEAR NET VALUE
₹28,925 for a mid spender · travel
BOB FINANCIAL Premier
Updated 17 Sep 2026 6 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is BOB Financial's.
MONTHLY INCOME Check with bank Issuer-dependent
CREDIT SCORE 650+ Good band
AGE Adult Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹28,925 first-year net value · mid spender · travel
Category rewards ₹28,800
Welcome benefit· Welcome reward points ₹125
Annual fee − ₹1,000
Fee waiver (met)· Annual fee reversed on spending ₹1.2 lakh in card anniversary year ₹1,000
Net first-year value ₹28,925
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.50% back on eligible spends 2 pts 2 points per ₹100
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 2.5% back
5X rewards on travel spends · 2.5%
5X rewards on dining spends · 2.5%
5X rewards on international spends · 2.5%
Everything else (base) · 0.5%
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time BOB Financial tweaks the program.
Line up your ₹1L before renewal.
Crossing ₹1L in the anniversary year waives the ₹1,000 fee — automatic for spenders at ₹10,000+/month. Watch your pace in months 10–12.
Don't sleep on 5X rewards on dining spends.
The second tier earns 2.5× (2.5% back). Often overlooked next to the headline category but compounds if you route consistently.
Redeem through the best path, not the default.
Point value varies across redemption options. Best path: ₹0.25/point. Same earnings, more value.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Annual fee (year 2+) ₹1,000 · waived at ₹1L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Airport lounges
4 domestic + 2 international visits per year. Primary cardholder.
Welcome voucher
₹125 Welcome reward points.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
For a spender who hits the ₹1L waiver, yes — the net value is positive. For a casual spender, the math gets tight and a lower-tier card may fit better. See the Fit section above.
08 WHAT CHANGED
How BOB Financial Premier Credit Card has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 Joining/first-year fee now ₹0 w.e.f. 1 Sep 2026 (limited period offer on the product page); welcome benefit is 500 bonus points on ₹5,000 in 60 days (was joining-fee reversal on ₹10,000); 5X categories capped at 2,000 RP per cycle recorded. Annual fee ₹1,000 and ₹1.2L waiver unchanged. First-year cost drops to zero in the ranking; welcome value is now 500 points (₹125) rather than a fee reversal
- 1 Jan 2025 Minimum ₹20,000 prior-quarter spend criteria applied for complimentary airport lounge access Lounge benefits are gated by quarterly spends for both domestic access and RuPay international lounge eligibility under program terms
- 1 Jan 2025 Tariff and reward exclusion revisions updated BOBCARD Premier terms Reward accrual exclusions and select program terms changed for cardholders
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: BOBCARD Premier product page, BOBCARD MITC page and KFS 2025 PDF, BOBCARD Features and Rewards Terms and Conditions, BOBCARD Lounge Access Program Terms and Conditions, BOBCARD tariff change notice (effective Jan 1, 2025), bobcard.co.in. Next scheduled review: 17 Mar 2027.