Bank of IndiaBank of India RuPay Select Debit Card – Benefits, Fees & Eligibility
Is the Bank of India RuPay Select Debit Card Right for You?
The Bank of India RuPay Select Debit Card is best suited for users who prioritize Premium, Travel, Everyday Use. With an issuance fee of Free (1st year) and an annual maintenance charge of ₹400 + GST, this card offers free entry for new applicants. It offers Merchant Vouchers, Instant Discounts, Debit Card EMI as its primary reward mechanism.
Key Card Details
Free (1st year)
₹400 + GST
Merchant Vouchers, Instant Discounts, Debit Card EMI
3.5% plus applicable taxes on all international transactions
₹50,000 per day
₹2,00,000 per day
Notable Perks
Welcome Offer
Complimentary annual health check-up, OTT subscription (Amazon Prime 12 months), and gym access (Cult.fit)
Domestic Lounge Access
2 complimentary domestic airport lounge visits per quarter at select airports
Insurance Coverage
Personal Accidental Death Cover of up to ₹10,00,000
Fuel Surcharge Waiver
1% surcharge waiver on fuel transactions across India, up to ₹100 per month
Account Requirement
Requires Bank of India Star Diamond or equivalent premium savings account with higher MAB
Free ATM Transactions
Free at Bank of India ATMs
Things to Consider
Annual maintenance charge of ₹400 plus taxes is applicable
High foreign currency markup of 3.5% on international transactions
Welcome benefits like health check-up and OTT subscription are non-cashable
Benefits & Features
Welcome Offer
Complimentary annual health check-up, OTT subscription (Amazon Prime 12 months), and gym access (Cult.fit)
Reward Type
Merchant Vouchers, Instant Discounts, Debit Card EMI
Domestic Lounge Access
2 complimentary domestic airport lounge visits per quarter at select airports
Insurance Coverage
Personal Accidental Death Cover of up to ₹10,00,000
Travel Benefits
Complimentary domestic airport lounge access (2 per quarter) at select airports in India
Daily ATM Withdrawal Limit
₹50,000 per day
Daily POS/Online Spend Limit
₹2,00,000 per day
Account Requirement
Requires Bank of India Star Diamond or equivalent premium savings account with higher MAB
Fees & Charges
Issuance Fee
Free (1st year)
AMC Fee
₹400 + GST
Foreign Currency Markup
3.5% plus applicable taxes on all international transactions
Fuel Surcharge Waiver
1% surcharge waiver on fuel transactions across India, up to ₹100 per month
Free ATM Transactions
Free at Bank of India ATMs
ATM Withdrawal Charges
Charges apply for other bank ATMs as per the bank's schedule
Card Replacement Fee
₹300 plus applicable taxes
Pros & Cons
Pros
Key benefits and features of this card.
Complimentary annual health check-up and gym membership add significant wellness value
Comprehensive personal accident insurance cover of up to ₹10 lakh included
Zero issuance fee for eligible premium savings account holders
Complimentary domestic lounge access twice per quarter
Contactless RuPay Select platform with exclusive merchant offers
Cons
Key drawbacks and limitations of this card.
Annual maintenance charge of ₹400 plus taxes is applicable
High foreign currency markup of 3.5% on international transactions
Welcome benefits like health check-up and OTT subscription are non-cashable
Benefits are tied to maintaining a high MAB in the linked premium savings account
Product Details
Issued on the premium RuPay Select network
Contactless debit card for tap-and-pay convenience
Debit Card EMI facility for high-value purchases at select merchants
Complimentary wellness benefits including health check-ups and gym access
Comprehensive Personal Accident Death Cover of up to ₹10 lakh
International usage enabled by default for online transactions
Benefits & Features
Welcome Offer
Complimentary annual health check-up, OTT subscription (Amazon Prime 12 months), and gym access (Cult.fit)
Reward Type
Merchant Vouchers, Instant Discounts, Debit Card EMI
Domestic Lounge Access
2 complimentary domestic airport lounge visits per quarter at select airports
Insurance Coverage
Personal Accidental Death Cover of up to ₹10,00,000
Travel Benefits
Complimentary domestic airport lounge access (2 per quarter) at select airports in India
Daily ATM Withdrawal Limit
₹50,000 per day
Daily POS/Online Spend Limit
₹2,00,000 per day
Account Requirement
Requires Bank of India Star Diamond or equivalent premium savings account with higher MAB
What matters, explained clearly
Introduction
The Bank of India RuPay Select Debit Card is issued by Bank of India and is linked to specific savings account tiers. It is a premium contactless debit card offering a range of lifestyle, wellness, and banking benefits. The top differentiating benefits include complimentary annual health check-ups, free gym access, and a comprehensive personal accident insurance cover.
Welcome Benefits
- Complimentary annual health check-up (non-cashable) from Thyrocare or SRL Diagnostics.
- Complimentary OTT platform subscription (non-cashable) for Amazon Prime (12 months) or a similar platform.
- Complimentary gym access membership (non-cashable) from Cult.fit or similar partners.
Transaction Limits & Usage
- Daily ATM Withdrawal Limit: ₹50,000.
- Daily POS/Online Transaction Limit: ₹2,00,000.
- International Usage: Available and enabled by default for online transactions; for international POS usage, the card must be activated for international transactions via the bank's mobile app or branch.
Fees and Charges
- Issuance Fee: Nil for eligible account holders.
- Annual Maintenance Charge (AMC): ₹400 plus applicable taxes.
- Card Replacement Fee: ₹300 plus applicable taxes.
- ATM Withdrawal Charges: Free at Bank of India ATMs; charges apply for other bank ATMs as per the bank's schedule.
- Foreign Currency Markup: 3.5% plus applicable taxes on all international transactions.
- Fuel Surcharge Waiver: 1% surcharge waiver on fuel transactions at all fuel stations across India, subject to a maximum of ₹100 per month.
Rewards & Offers
- RuPay Select Platform Benefits: Access to a curated set of offers on wellness, health, and lifestyle categories.
- Debit Card EMI: Facility to convert high-value purchases into easy monthly installments at select merchant outlets.
- Merchant-Specific Discounts: Exclusive discounts and offers from partner merchants on the RuPay network.
- Lounge Access: Complimentary domestic airport lounge access (2 per quarter) at select airports in India.
- Insurance Cover: Personal Accidental Death Cover of up to ₹10,00,000.
Account & Eligibility Criteria
- The card is issued to savings account holders maintaining a specific tier of account, typically the Bank of India Star Diamond or equivalent premium savings account.
- Minimum Average Balance (MAB) requirement to keep the card free is as per the linked account variant; typically, a higher MAB is required for premium accounts.
Important Product Details
- Card Network: RuPay Select.
- Card Type: Contactless Debit Card.
- Positive Highlights: Complimentary wellness and fitness benefits, comprehensive personal accident insurance, domestic lounge access, and zero issuance fee.
- Negative Highlights: Annual maintenance charge applicable, foreign currency markup of 3.5%, and benefits are non-cashable.
Other Details
- The card is a RuPay Select variant, which is a premium offering on the RuPay network.
- All benefits are subject to terms and conditions as specified by the bank and RuPay from time to time.