CheQ AU Credit Card VS BOBCARD Easy Credit Card VS BOBCARD ICSI Diamond Credit Card VS ICAI Exclusive BOBCARD Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
CheQ AU Credit Card
BOBCARD Easy Credit Card
BOBCARD ICSI Diamond Credit Card
ICAI Exclusive BOBCARD Credit Card
Who is it for?
Who is it for?
Who is it for?
Who is it for?
Pros
Key benefits and features.
India's first LED-enabled credit card offers a unique and visually engaging payment experience.
High reward rates up to 12% on popular brands and categories like shopping, travel, and utilities.
Lifetime free for the standard variant, making it an attractive option with no annual fees.
Receive both a Visa (LED) and RuPay card with a single application, offering great versatility.
Uncapped base rewards ensure continuous earning even after reaching accelerated rewards limits.
Pros
Key benefits and features.
Lifetime free joining and annual fees under limited-time offer or spend-based waivers.
High 5X reward rate on common spending categories like movies, groceries, and departmental stores.
Base reward points on all other categories and UPI spends, enhancing everyday value.
Zero liability protection for lost cards provides security and peace of mind.
Option to convert large purchases into EMIs and get free add-on cards for family.
Pros
Key benefits and features.
Lifetime free card with zero joining and annual fees, offering great value.
Accelerated 5x Reward Points on dining, online, and utility bill payments.
Enjoy 12 complimentary domestic airport lounge accesses annually for travel convenience.
Reduced foreign currency markup of 2% makes international transactions more affordable.
Comprehensive insurance coverage provides financial security for cardholders.
Pros
Key benefits and features.
Lifetime free card with zero joining and annual fees, offering great value.
Accelerated 5x Reward Points on dining, utility, and online purchases.
Complimentary 12 domestic lounge access passes annually enhance travel.
Low 2% foreign currency markup makes international transactions cost-effective.
Comprehensive insurance benefits provide significant financial security.
Cons
Key drawbacks and limitations.
Accelerated rewards are capped at 12,000 CheQ points per month, limiting high spenders.
Rewards are not applicable on several categories like fuel, education, gold, and rent payments.
Optional LED card incurs a one-time issuance fee of ₹999 + GST, which is an additional cost.
Interest rate on revolving credit is high at 3.75% per month (45% per annum), typical of the category.
No domestic or international airport lounge access on this card.
Applications for the LED card opened on April 28, 2026; the LED variant is now live on the CheQ app.
Cons
Key drawbacks and limitations.
The 5X reward points are capped at 1000 Reward Points per statement cycle on accelerated categories.
No specific travel benefits are provided with this card, limiting its utility for travelers.
High foreign currency markup of 3.5% makes international spends expensive.
High interest rates of 3.75% per month on overdue amounts can be a significant drawback.
Cons
Key drawbacks and limitations.
5x accelerated rewards are capped at 1000 Reward Points per statement cycle.
Complimentary lounge access will become spend-based from January 1, 2025.
No Reward Points are earned on fuel transactions, limiting benefits in this category.
UPI transactions only earn core Reward Points, missing out on bonus rewards.
Card is exclusively available only for active members of The Institute of Company Secretaries of India.
Cons
Key drawbacks and limitations.
5x rewards on dining, utility, and online purchases are capped at 1000 RP per cycle.
Lounge access benefit requires a minimum spend of ₹40,000 in the preceding quarter.
No Reward Points are earned on fuel transactions, limiting savings in this category.
UPI transactions only earn core Reward Points, missing out on bonus rewards.
Card is exclusive to ICAI members, limiting its accessibility to a wider audience.