Bank of MaharashtraIs the BoM Secured Credit Card Right for You?
The BoM Secured Credit Card is best suited for users who prioritize Travel, Shopping. With a joining fee of Nil and a renewal fee of Nil, this card offers free entry for new applicants. It offers Reward Points as its primary reward mechanism, with a rewards rate of One reward point for every Rs. 100 spent or multiples thereof..
Key Card Details
Nil
Nil
Reward Points
Not Applicable
Notable Perks
Domestic Lounge
Twice per quarter at select 30+ lounges across India.
International Lounge
Not Applicable
Insurance
Not Applicable
Fee Waiver
Not Applicable
Movie Benefits
Not Applicable
Golf
Not Applicable
Things to Consider
Requires a minimum fixed deposit of Rs. 12,500 with Bank of Maharashtra.
Limited lounge access to only domestic airports twice per quarter.
Reward points earnings are moderate at one point per Rs. 100 spent.
Benefits & Features
Welcome Offer
Instant approval and attractive personalized card design upon joining.
Rewards Rate
One reward point for every Rs. 100 spent or multiples thereof.
Reward Type
Reward Points
Reward Redemption
Reward points can be converted into e-vouchers, mercantile, or other options.
Domestic Lounge Access
Twice per quarter at select 30+ lounges across India.
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie
Not Applicable
Dining
Not Applicable
Travel Benefits
Domestic airport lounge benefits available twice per quarter at select 30+ lounges.
What matters, explained clearly
Secured Credit Card
Introduction
The Secured Credit Card is an FD-backed platinum credit card that allows customers to utilize their Fixed Deposit for shopping and online transactions while continuing to earn attractive interest on their FDR. This card offers an interest-free credit period and allows customers to accumulate rewards on their spending, which can be converted into vouchers or merchandise. It is designed for individuals who may not have a credit history or income proof, providing instant approval and a lifetime free experience.
Welcome Benefits
- Instant Approval for the card.
- Attractive personalized card design.
Fees
- Joining Fee: Lifetime free.
- Renewal Fee: Lifetime free.
- Fuel Surcharge: Waiver up to Rs. 200.00 per month.
Rewards
- Reward Points: Accumulate one reward point for every Rs. 100.00 spent or multiples thereof.
- Lounge Access: Domestic airport lounge benefits available twice per quarter at select 30+ lounges.
- Fuel Benefits: Fuel Surcharge waiver up to Rs. 200.00 per month.
- EMI Options: Easy EMI conversion options for expenses greater than Rs. 2500.00.
- Add-on Cards: Free add-on cards are available.
Rewards Redemption Guide
- Accumulated reward points can be converted into e-vouchers, mercantile, or other options.
Card Eligibility Criteria
- Minimum Age: 18 years.
- Minimum Fixed Deposit Amount: Rs. 12,500.00.
- Fixed Deposit Requirement: Must have a fixed deposit with Bank of Maharashtra.
- Documents Required:
- KYC documents such as PAN card.
- Aadhar card.
Important Product Details
- An FD-backed platinum credit card.
- No credit history is required for application.
- No income proof is required for application.
- The card is lifetime free, with no joining or renewal fees.
- Offers instant approval.
- Comes with an attractive personalized card.
- Provides relaxation in the upper age limit for applicants.
- Allows cardholders to continue earning attractive interest on their Fixed Deposit while using the card.
- Includes an interest-free credit period.
- Offers a Fuel Surcharge waiver of up to Rs. 200.00 per month.
- Provides domestic airport lounge access twice per quarter at over 30 selected lounges.
- Earns one reward point for every Rs. 100.00 spent.
- Features easy EMI conversion options for expenses exceeding Rs. 2500.00 (transactions for the purchase of gold/jewellery are not allowed for EMI conversion).
- Allows for free add-on cards.
Other Details
- Exclusive bank offers are available at: https://bankofmaharashtra.plutos.one