#68

IRCTC BOBCARD

Downgrade

10% back on train tickets that you can only claw back ₹250 at a time — a rail coupon with rail lounges.

BOBCARD (Bank of Baroda)·RuPay·entry
RuPay — UPI-linkable — the co-brand is RuPay-only, built around IRCTC rail bookings
0.5%
Effective reward rate
₹350 + GST
Annual fee
None
Fee waiver

What it's worth to you — net annual value

₹5,650
at ₹1L/month
₹17,650
at ₹3L/month
₹29,650
at ₹5L/month

Welcome: 500 bonus reward points on spending ₹5,000 within the first 60 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

The IRCTC BOBCARD does exactly one thing and charges you ₹500 to join plus ₹350 a year to keep doing it: up to 40 reward points per ₹100 on train tickets booked at irctc.co.in, which sounds like 10% back until you read how the points cash out. BOBCARD reward points are worth a flat ₹0.25 — as statement credit or as IRCTC Travel Points against a future 1AC/2AC/3AC/CC/EC fare — and you can redeem at most 1,000 of them (₹250) per statement cycle, so the headline 10% is quietly throttled to about ₹3,000 a year of realised value. Everything else earns the base 2 RP/₹100 (0.5%), the forex markup is a full 3.5%, and there is no airport lounge. What it does give a regular rail traveller is genuinely useful: 4 railway lounge visits a year, a 1% waiver on IRCTC's transaction charge, and a fuel surcharge waiver. Hold it if you live on the rails; there is nothing here for anyone else.

What's good

  • Up to 40 RP/₹100 (~10%) on IRCTC train tickets — the reason to hold it
  • 1% waiver on IRCTC's transaction/convenience charge on every rail booking
  • 4 complimentary railway lounge visits a year (max 1 per quarter)
  • 1% fuel surcharge waiver (₹500–₹3,000 txns, ₹100/statement cap)

Watch out

  • Reward points are ₹0.25 flat, and redemption is capped at 1,000 RP (₹250) per statement cycle — the 10% is throttled
  • 0.5% on everything that isn't a train ticket; 3.5% forex markup and no airport lounge
  • ₹500 joining + ₹350 annual fee with no spend-based waiver published
  • Points expire 2 years from membership registration; IRCTC ticket redemption is primary-cardholder-fare only

What earns, what doesn't

Base 2 RP/₹100; 4 RP/₹100 at grocery/departmental stores; up to 40 RP/₹100 on IRCTC train tickets (irctc.co.in). BOBCARD publishes no full MCC exclusion table for this card — treatments below follow BOBCARD standard practice and are flagged. Reward points redeem at ₹0.25, capped 1,000 RP/statement cycle.

Fuel excluded — Zero RP; 1% fuel surcharge waiver ₹500–₹3,000, cap ₹100/statement (official)
Rent & property management excluded — Rent excluded — BOBCARD standard, community, flag
Government / tax excluded — Government payments excluded — BOBCARD standard, community, flag
Utilities (electricity/water/gas) full — Earns base 2 RP/₹100 — no published exclusion, flag
Insurance full — Earns base 2 RP/₹100 — inferred, flag
Education full — Earns base 2 RP/₹100 — inferred, flag
Wallet loads excluded — Wallet loads excluded — BOBCARD standard, community, flag
Groceries & supermarkets full — 4 RP/₹100 at grocery/departmental stores (accelerated category)
Telecom full — Earns base 2 RP/₹100 — inferred, flag
Jewellery / gold full — Earns base 2 RP/₹100 — inferred, flag
Forex / international spends full — Earns base 2 RP/₹100; 3.5% forex markup
UPI (RuPay-on-UPI only) full — RuPay — earns base 2 RP/₹100 on UPI (inferred, flag)
EMI conversions / merchant EMI excluded — EMI conversions earn no RP (standard, flag)
  • Fuel · excluded Zero RP; 1% fuel surcharge waiver ₹500–₹3,000, cap ₹100/statement (official)
  • Rent & property management · excluded Rent excluded — BOBCARD standard, community, flag
  • Wallet loads · excluded Wallet loads excluded — BOBCARD standard, community, flag
  • Government / tax · excluded Government payments excluded — BOBCARD standard, community, flag

per BOBCARD (Bank of Baroda) T&C (community-sourced) · rank every card by spend category →

Lounge access

No airport lounge
Domestic
International
Primary cardholder only; guests paid
Guests

Gate: 4 railway-lounge visits/year (max 1/quarter)

Opens 21 of 662 tracked lounge doors across 19 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.

Route Direct application
Income · salaried ₹3.6L+/yr (community)
Income · self-employed ₹4.8L+/yr (community)
Age band 21–65 (community)

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.

Forex markup 3.5% + GST (standard BOBCARD)
APR 3.75%/mo (45%/yr) — standard BOBCARD tier (non-Eterna)
Late fee Nil <₹100; ₹100 (₹100–500); ₹400 (₹501–1,000); ₹750 (₹1,001–10,000); ₹950 (₹10,001–25,000); ₹1,100 (₹25,001–50,000); ₹1,300 (>₹50,000)
Cash advance 2.5%, min ₹500
Add-on card Nil — no joining/annual fee on add-on cards (BOBCARD standard)
Overlimit 2.5%, min ₹600 (BOBCARD standard)
Redemption fee Reward points redeem at ₹0.25 (statement credit or IRCTC Travel Points); redemption capped at 1,000 BoB RP / 250 IRCTC Travel Points per statement cycle

Joining ₹500 + GST, annual ₹350 + GST, no spend-based waiver published. Up to 40 RP/₹100 on IRCTC train tickets (irctc.co.in), 4 RP/₹100 grocery/departmental stores, 2 RP/₹100 other. Welcome 500 RP on ₹5,000 spend in 60 days. 4 railway lounge visits/year (max 1/quarter); no airport lounge. 1% waiver on IRCTC transaction charge; 1% fuel surcharge waiver ₹500–₹3,000 (cap ₹100/statement). Point redemption valid only on 1AC/2AC/3AC/CC/EC IRCTC fares, primary-cardholder fare only; points lapse 2 years from membership registration. RuPay. APR/late-fee slabs and income/age follow BOBCARD standard — verify against the card-specific MITC.

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 2026
    Buff moderate BOBCARD (Bank of Baroda)
    Eterna'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 2026
    Fee moderate BOBCARD (Bank of Baroda)
    BOBCARD reprices rail, toll and app-routed education
    No 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 2026
    Launch moderate BOBCARD (Bank of Baroda)
    BOBCARD and Etihad Guest deal two co-brands — the last pipe in
    Etihad 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.

Spot an error? Report it →