Bank of Baroda Prime Credit Card Review:

The Bank of Baroda distinctive credit cards are famous for their tailor-made benefits, each crammed with distinct features which is appealing to large number of customers, designed to meet customer satisfaction with the basic aim to  provide best privileges and savings during every usage. The bank basically offers 4 types of credit card namely

• BOB Easy Credit Card
• BOB Select Credit Card
• BOB Premier Credit Card

And lastly,

BOB Prime Credit card

In this article our major focus will be on BOB Prime Credit Card and its benefits, features.

BOB Prime Credit card Benefits:

. The card guarantees insurance against fixed deposit of Rs. 15,000/- or more for its pre-existing customers who have applied for the credit card without having to show any income proof.

. 1% cash back every time user makes a transaction via the credit card.

. Zero joining and annual fee for the first year.

. Zero fuel surcharge.

. User can avail up to 50 days of interest free credit from the date of purchase.

. One can ensure zero liability on lost card by immediately reporting the loss of one’s card and save one self from any fraudulent transactions.

. A boon for family, free personal accidental death covers to ensure financial protection.

. Provides 3 lifetime free add-on cards for spouse, parents, siblings or kids (18 years above).

. User can convert their purchase of more than Rs. 2500 into an EMI transaction.

BOB Prime Credit card Fees:

Joining Fees	Nil
Annual fees	Nil
Renewal fees	Nil
Welcome Benefit	Nil
Other benefit	. Fuel surcharge =1% waiver on all fuel spends. One will get maximum waiver of Rs.250 every month.   .Lost card liability = No liability fees for lost card if reported on time.   . Insurance benefit = Inbuilt insurance cover and free personal accidental death insurance.
Lounge access	Nil
Reward Point system and Reward redemption.	.1 Reward point for every Rs.100/- spent on selected MCCs. . 2 Reward points for every Rs.100/- spent on all other MCCs. . 4 Reward points or Rs 1/- on every Rs 100/- spend. . No reward point on fuel purchase. .Points thus earned can be redeemed with the value of 1 Reward Point= Rs.0.25
Foreign currency Markup fees	3.5% on the total foreign conversion amount.
Interest  rate	3.25% p.m ( 39% annually)
Cash Advance Charge	2.5% of the withdrawn amount with a charge of Rs.300/-
Membership fees	Nil
Credit Limit of the card	80-90% of the F.D
Late Payment Charges	Less than Rs 100/- = No charges Rs 100/- to Rs 500/- = Rs.100 Rs 501/- to Rs 1000/- = Rs 400 Rs 1000/- to Rs 10,000/- = Rs 600 Rs 10,001 to Rs 25,000/- = Rs 800 Above Rs 25,000/- = Rs 950/-

BOB Prime Credit card Eligibility:

>Age must not be less than 21 years.

>A salaried, self employed or a business person with stable income.

>Must be able to produce all related documents needed.

BOB Prime Credit card Documents:

Documents needed to apply for the card.

IDENTITY PROOF	PROOF OF ADDRESS	INCOME PROOF
Passport	Passport	Form 16
Driving License	Aadhaar Card	Salary Slips
Aadhaar card	Voter ID	IT Returns

How to Apply for BOB Prime Credit card:

1. To apply for the card the first thing is the need to visit the official site of Bank of Baroda, i.e.  WWW.BOBfinancial.com/prime.jsp.
2. Then one need to  select the Prime credit card option.
3. Following that Apply now button needs to be clicked.
4. Then the digital application form needs to be filled with all required details and information.
5. One needs to click on submit button.
6. Later, the user will get in touch by a bank representative  via call or message  who will aid in further procedures .

BOB Prime Credit card Conclusion:

A good credit card for those who have low credit score or no credit history. Although the card comes with no welcome benefits or other luxurious benefits but provides with a great feature of lifetime free credit card, also with some reward point feature that can be redeemed and utilized of later as per need .