BOI RuPay Select Credit Card – Benefits, Fees & Eligibility

Introduction

The BOI RuPay Select Credit Card, issued by Bank of India, is positioned as a mid-range card designed for customers seeking a balance of everyday spending benefits, savings, and lifestyle privileges without a joining fee. Its key differentiating benefits include complimentary lounge access, an annual Amazon Prime membership, and a three-month Swiggy One membership.

Welcome Benefits

• No welcome benefits are offered for new users.

Fees

• Joining Fee: Nil
• Annual Fee: ₹800 + GST
• Annual Fee Waiver: The annual fee may be waived based on the bank’s prevailing terms and usage criteria.
• Add-on Card Fee: ₹600
• Replacement Charge: ₹500
• Rewards Redemption Fee: Not applicable
• Foreign Currency Markup: 2%
• Interest Rates: 2% per month (24% per annum)
• Fuel Surcharge Waiver: Not applicable
• Cash Advance Charges: 2%

Rewards

• Reward Rate: Earn 2X reward points on all Point-of-Sale (POS) and E-commerce (ECOM) transactions.
• Movies & Entertainment: Get ₹250 off per month on booking a minimum of 2 tickets on BookMyShow.
• Domestic Lounge Access: Enjoy complimentary domestic airport lounge access up to 8 times per year (2 visits per quarter).
• International Lounge Access: Enjoy complimentary international airport lounge access up to 2 times per year.
• Insurance: Receive personal accidental and permanent disability insurance coverage of up to ₹10 lakh, provided by NPCI.
• Lifestyle Benefits:
  • Complimentary Amazon Prime annual membership.
  • Free Swiggy One membership for 3 months every year.
  • ₹200 BigBasket discount voucher every month.
  • Free customized health check-up once per year.
  • 24x7 concierge service available.

Rewards Redemption Guide

• Each reward point is equivalent to ₹0.25.

Card Eligibility Criteria

• Age: Minimum 21 years old.
• Income: Must have a regular income and provide proof of it.
• Employment Status: Applicable for both salaried employees and self-employed individuals.
• Credit History: Must have a good credit history.
• Residency: Must be either an Indian resident or a Non-Resident Indian (NRI).

Card Review

• Overall Verdict: The BOI RuPay Select Credit Card is a practical choice for individuals seeking everyday savings and useful lifestyle benefits without a joining fee. It offers a well-balanced set of features, including lounge access, entertainment discounts, health check-ups, and complimentary memberships, making it suitable for regular spenders who desire simple rewards and basic travel comfort.
• Pros:
  • Includes complimentary airport lounge access in India, beneficial for occasional travelers.
  • Provides a free Amazon Prime annual membership, offering access to shopping benefits, Prime Video, and fast delivery.
• Cons:
  • An add-on card fee of ₹600 applies if the cardholder wishes to add family members.
  • Lacks welcome benefits for new users, which might be disappointing for those expecting initial rewards.

Important Product Details

• No joining fee.
• Annual fee of ₹800 + GST.
• Earn 2X reward points on all Point-of-Sale (POS) and E-commerce (ECOM) transactions.
• Complimentary domestic airport lounge access up to 8 times per year (2 per quarter).
• Complimentary international airport lounge access up to 2 times per year.
• Complimentary Amazon Prime annual membership.
• Free Swiggy One membership for 3 months every year.
• ₹200 BigBasket discount voucher every month.
• ₹250 off per month on booking a minimum of 2 tickets on BookMyShow.
• Free customized health check-up once per year.
• Insurance coverage up to ₹10 lakh for personal accident and permanent disability.
• 24x7 concierge service available.
• Foreign currency markup of 2%.
• Interest rate of 2% per month (24% per annum).
• Cash advance charges of 2%.
• Add-on card fee of ₹600.
• Replacement charge of ₹500.

Other Details

• The annual fee may be waived based on the bank’s prevailing terms and usage criteria.