BOBCARD Eterna
Keep3.75% online as real statement credit, unlimited lounges, and free if you sign before August.
What it's worth to you — net annual value
Welcome: 10,000 bonus points (₹2,500) on ₹50,000 spend within 60 days; lifetime-free for applications through 31 Jul 2026 (standard fee ₹2,499)
Active offers: BOBCARD Eterna LTF window — ₹2,499 joining + annual fee at zero (ends in 13 days)
How these numbers are computed →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
The take
For once the small print flatters the card. Eterna's headline — 15 reward points per ₹100 on online, dining, travel and international spends — is worth a genuine 3.75% because those points redeem as flat statement credit at ₹0.25 each: no portal, no transfer gymnastics, no expiry games. That's cashback wearing a travel card's jacket, and until 31 July 2026 BOBCARD is handing the ₹2,499 fee back as a lifetime-free offer. Add unlimited domestic lounge visits once you've put ₹40,000 through it the previous quarter, plus a 2% forex markup, and the near-free maths is hard to argue with. The catches are real: the accelerated rate caps at 5,000 points a statement cycle (about ₹33,000 of accelerated spend), offline collapses to 0.75%, a long special-MCC list — supermarkets, insurance, education, government, even train and bus fares — earns nothing at all, and there is no international lounge or airline transfer — the points are cash, not miles. But as an almost-free 3.75% online card with unlimited lounges, it is one of the best value plays we rank.
What's good
- 3.75% on online/dining/travel/international — paid as flat ₹0.25 statement credit, not portal points
- Lifetime-free for applications through 31 Jul 2026 (standard fee ₹2,499, waived at ₹2.5L)
- Unlimited domestic lounge visits at ₹40k prior-quarter spend
- 2% forex; 10,000-point welcome and 20,000-point milestone at ₹5L
Watch out
- Accelerated earn capped at 5,000 points/statement cycle (≈₹33k of accelerated spend)
- Offline/general spends earn 0.75%; supermarkets, insurance, education, govt, hospitals, rail/bus/toll and fast food earn ZERO
- No international lounge and no airline/hotel transfer partners — the points are cashback, not miles
- 1% processing fees on rent, wallet loads, big fuel and big utility transactions (official KFS)
What earns, what doesn't
Eterna's earn is a two-tier split per the official rewards T&C (w.e.f. 01-Apr-2026): 15 RP/₹100 (3.75%) on ecom/dining/travel/international, 3 RP/₹100 (0.75%) core on everything else — and ZERO on Annexure-1 MCCs (supermarkets, insurance, education, government, hospitals, rail/bus/toll, rent, wallet, charity, fast food). The old 1.5 RP 'special' tier is gone. 5X points cap at 5,000 RP/statement cycle. 'full' below means the accelerated 15 rate; 'reduced' means the 3 core tier. Rent/wallet/fuel add 1% processing FEES on top of zero earn (official KFS).
- Fuel · excluded Effectively zero (surcharge-waiver txns don't earn); 1% processing fee on fuel ≥₹10k (official KFS)
- Rent & property management · excluded Zero earn (Annexure 1, MCC 6513) + 1% processing fee (official)
- Wallet loads · excluded Zero earn (Annexure 1, MCCs 6539–6543) + 1% processing fee on wallet loads (official)
- Utilities (electricity/water/gas) · reduced Core 3 RP/₹100 (0.75%) only — MCC 4900 barred from the 5X tier; 1% fee on utility txns ≥₹50k (official)
per BOBCARD (Bank of Baroda) T&C · rank every card by spend category →
Lounge access
Gate: ₹40k prior-quarter spend
Opens 73 of 644 tracked lounge doors across 41 airports — see the full map →
Can you get it?
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
per the official BOBCARD (Bank of Baroda) MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →
The fine print
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
Standard fee ₹2,499 + GST, but LIFETIME-FREE for applications in rolling limited-period windows (currently through 31 Jul 2026); non-LTF joining fee waived at ₹25k in first 60 days, renewal waived at ₹2.5L anniversary spend. 15 RP/₹100 (3.75%) on online/dining/travel/international, 5X capped 5,000 RP/statement cycle; 3 RP/₹100 (0.75%) other; Annexure-1 special MCCs (supermarkets, insurance, education, govt, hospitals, rail/bus/toll, charity, fast food) earn ZERO per rewards T&C w.e.f. 01-Apr-2026. Eterna points are evergreen (no expiry). Unlimited domestic lounge (Mastercard) at ₹40k prior-quarter spend; no international lounge. 1% processing fees on rent, wallet loads, utility ≥₹50k (cap ₹3,000) and fuel ≥₹10k. KFS dated 05-May-2026.
per the official BOBCARD (Bank of Baroda) MITC · reviewed 10 Jul 2026
What's changed for this card
Full tracker →Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to.
- 5 May 2026Eterna's lifetime-free window rolls forward yet again₹2,499 joining + ₹2,499 annual fee (LTF offer due to lapse) → Zero joining and annual fees for new applicants, extended to 30 Jun 2026 — since pushed to 31 Jul
BOBCARD keeps extending the deadline on its best acquisition offer: Eterna — 3.75% statement-credit value on online spends and unlimited domestic lounges — stays lifetime-free for new applicants. The offer opened in early 2026 with a 31-March fuse and has been rolled forward twice; every extension is a louder hint that the ₹2,499 fee isn't coming back soon. Sign before the music stops.
- 1 Apr 2026BOBCARD reprices rail, toll and app-routed educationNo processing fee on railway/toll/bus bookings; telecom (MCC 4814) earned zero points → 1% fee on railway bookings ≥₹30k, all toll & bus ≥₹5k, and education via Cred/Paytm/PhonePe-type apps; telecom now earns core points
BOBCARD's April-2026 notice gives with one hand and clips with the other. Telecom spends finally earn core points (3 RP/₹100 on Eterna), but big-ticket rail bookings, every toll and bus charge over ₹5,000, and tuition routed through third-party apps now carry a 1% fee — and the notice restates the long zero-earn MCC list, from supermarkets to hospitals. One, Uni and the Scapia co-brand are explicitly exempt.
- 5 Jan 2026BOBCARD and Etihad Guest deal two co-brands — the last pipe inEtihad Guest earn from Indian card spend dying with the SBI co-brands (closing 31 Mar 2026) → Guest (₹2,500) and Guest Premium (₹5,000): 2 miles/₹100, 0% forex, double welcome miles for sign-ups till 28 Feb
As SBI walked away from Etihad and Axis prepared to drop the transfer route, BOBCARD picked up the whole franchise: two Mastercard co-brands earning Guest miles directly, with the Premium doing 2 miles/₹100, 6 on etihad.com, 0% forex and a milestone ladder to 40,000 miles a year. Launch-window sign-ups before 28 February got doubled welcome miles. For anyone flying AUH out of India, this is now the only game in town.
Go deeper
Sources
Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.
- official Product page checked 12 Jul 2026
- official Rewards T&C PDF checked 13 Jul 2026
- official Key Fact Statement PDF checked 12 Jul 2026
- community CardExpert LTF coverage checked 12 Jul 2026
- community CardInsider — RuPay variant, UPI at offline rate checked 11 Jul 2026
- community CardExpert review — Visa/Mastercard/RuPay variants checked 11 Jul 2026
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