IRCTC RuPay BOBCARD Credit Card – Benefits, Fees & Eligibility

IRCTC RuPay BOBCARD Credit Card

Introduction

In collaboration with the Indian Railways Catering and Tourism Corporation (IRCTC), BOBCARD LIMITED has launched a co-branded credit card - IRCTC RuPay BOBCARD Credit Card. The card was designed keeping the requirements in mind of those people who often travel through Indian Railways. This partnership will prove to be beneficial for all the BOBCARD customers who use rail mode for traveling. Bearing a joining fee of ₹500, this card offers a plethora of rewards and benefits to its users. This card brings along a lot of benefits, not just for travel benefits but also for grocery purchases, fuel expenses, etc. You can also convert transactions into EMI through the IRCTC RuPay BOBCARD Credit Card.

Welcome Benefits

• 500 Bonus Reward Points on spending ₹5,000 within the first 60 days of card issuance.

Fees

• Joining Fee: Rs. 500 + GST
• Renewal Fee: Rs. 350 + GST
• Spend-Based Waiver: Not applicable
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% on all foreign transactions
• Interest Rates: 3.75% Per Month (45% Annually)
• Fuel Surcharge: 1% waiver at all fuel stations in India on transactions between Rs. 500 to Rs. 3,000, capped at Rs. 100 per statement.
• Cash Advance Charges: 2.5% of the amount withdrawn or Rs. 500, whichever is higher.
• Railway Surcharge Waiver: 1% transaction surcharge waiver on booking railway tickets through the IRCTC Website or Mobile Application.

Rewards

• Travel
  • Up to 40 Reward Points per Rs. 100 spent on railway tickets booked through the IRCTC website or mobile application.
  • 4 Complimentary Access to Railway Lounges Annually, subject to a maximum of 1 per quarter.
• Grocery & Departmental Stores
  • 4 Reward Points per Rs. 100 you spend on grocery & departmental stores purchases.
• Other Categories
  • 2 Reward Points per Rs. 100 you spend on other categories.
• Insurance
  • Insurance cover for lost/stolen card.
• Add-on Cards
  • Three add-on cards free for a lifetime.

Rewards Redemption Guide

• Earned Reward Points can be redeemed for ticket bookings via the IRCTC website or mobile application.
• Reward Points can also be redeemed against the card’s statement balance, where 1 Reward Point = Rs. 0.25.
• You can convert your BOBCARD Reward points into IRCTC travel points by linking your credit card loyalty number with your IRCTC ID.

Card Eligibility Criteria

• Age: Between 21 Years and 65 Years
• Income
  • Above ₹3.60 Lakhs for salaried individuals.
  • Above ₹4.80 Lakhs for self-employed individuals.
• Credit Score: A decent credit score (750 or above) is required.

Card Review

The IRCTC RuPay BOBCARD Credit Card is ideal for persistent train travelers looking for benefits and discounts while traveling by train. It offers remarkable reward points on rail ticket bookings via IRCTC and on daily needs like grocery purchases. The card provides a 1% transaction surcharge waiver on IRCTC bookings and allows for redemption of points against railway tickets or statement balance. At a nominal joining fee of ₹500, it offers premium travel benefits and rewards for daily needs. If you are a frequent traveler seeking a card with good travel benefits at a decent fee, this card is a strong option.

Important Product Details

• Positive Highlights
  • 500 Bonus Reward Points as a welcome benefit.
  • Up to 40 Reward Points per Rs. 100 spent on train bookings via the IRCTC website and mobile application.
  • 4 Reward Points per Rs. 100 spent on grocery & departmental store purchases.
  • 2 Reward Points per Rs. 100 spent on other categories.
  • Four complimentary partner railway lounge accesses per year.
  • 1% fuel surcharge waiver at all fuel stations in India (on transactions between Rs. 500 to Rs. 3,000, capped at Rs. 100 per statement).
  • 1% railway transaction surcharge waiver on IRCTC website/app bookings.
  • Provision for three free add-on cards for family members.
  • Zero Credit Card Lost Liability if the loss is reported to the bank in a timely manner.
• Negative Highlights
  • Joining Fee of Rs. 500 + GST and Renewal Fee of Rs. 350 + GST.
  • 3.5% foreign currency markup on all foreign transactions.
  • High interest rate of 3.75% Per Month (45% Annually).
  • Cash Advance Charges of 2.5% of the amount withdrawn or Rs. 500.

Other Details

• Transactions can be converted into EMI through the IRCTC RuPay BOBCARD Credit Card.