The Bank of Baroda Easy Credit Card is an entry-level card that offers a variety of benefits across multiple spending categories, such as groceries, movies, and departmental stores. This card is particularly suited for those who want to earn rewards on everyday purchases without incurring high fees.
Overview
| Feature | Details |
|---|---|
| Card Type | Entry-Level Credit Card |
| Reward Rate | 5X Reward Points per ₹100 on select categories |
| Reward Value | 1 Reward Point = ₹0.25 |
| Annual Fee | ₹500 + GST (waived on spending ₹35,000 annually) |
| Unique Selling Points | Fuel surcharge waiver, cashback on bill payments |
| Rating (out of 5) | 4.0 |
Table of Contents
Welcome Benefits for Bank of Baroda Easy Credit Card
| Welcome Benefit | Details |
|---|---|
| Bonus Reward Points | Not applicable |
| Additional Benefits | N/A |
Fees and Charges for Bank of Baroda Easy Credit Card
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Fee | ₹500 + GST (waived on spending ₹35,000 annually) |
| Finance Charges | 3.25% per month (39% per annum) |
| Foreign Transaction Fee | 3.5% + GST |
| Cash Advance Fee | 2.5% (min ₹300) for domestic ATMs, 3% for international ATMs |
| Late Payment Fee | ₹100 to ₹750 depending on the outstanding amount |
| Rent Payment Fee | 1% fee using third-party apps |
| Education Payment Fee | 1% fee using third-party apps |
| Utility Payment Fee | No additional charges |
Benefits of Bank of Baroda Easy Credit Card
This card provides various benefits including:
- Fuel Surcharge Waiver: 1% waiver on fuel transactions between ₹400 and ₹5,000, with a maximum waiver of ₹250 per billing cycle.
- Insurance Coverage: Complimentary accidental death cover for the primary cardholder.
- Zero Liability: No liability on lost cards if reported within 24 hours.
Rewards from Bank of Baroda Easy Credit Card
| Spend Category | Reward Rate |
|---|---|
| Groceries, Movies, Departmental Stores | 5X Reward Points per ₹100 spent |
| Other Spends | 1 Reward Point per ₹100 spent |
| Reward Value | 1 Reward Point = ₹0.25 for cashbacks |
| Rewards Expire in | 3 years |
Milestone Benefits of Bank of Baroda Easy Credit Card
| Spending Milestone | Reward Earned |
|---|---|
| Annual Spend of ₹35,000 | Waiver of the annual fee |
Redemption
Reward points earned can be redeemed for cashback, gift vouchers, or used for travel bookings:
- Cashback: 1 Reward Point = ₹0.25
- Gift Vouchers: Available for various brands including Myntra, Amazon, and more.
Gift Vouchers Available
| Category | Brands |
|---|---|
| Shopping | Myntra, Amazon, Pantaloons, Levi’s, Lifestyle, Shoppers Stop |
| Electronics | Croma |
| OTA | MakeMyTrip, EaseMyTrip |
| Hotels | Oberoi Hotels, Taj Hotels, ITC Hotels |
| Cabs | Uber, Ola |
Airport Lounge Access with Bank of Baroda Easy Credit Card
| Access Type | Details |
|---|---|
| Domestic Lounges | Not available |
| International Lounges | Not available |
| Add-on Cardholder Benefits | Not available |
Airport Transfers with Bank of Baroda Easy Credit Card
This card does not offer specific airport transfer benefits.
Forex Markup Fee for Bank of Baroda Easy Credit Card
| Fee Type | Details |
|---|---|
| Forex Markup Fee | 3.5% + GST on all international transactions |
Card Review: Bank of Baroda Easy Credit Card
The Bank of Baroda Easy Credit Card is a solid choice for those looking for a low-fee, entry-level credit card that offers rewards on everyday spending categories. With a reasonable annual fee, which can be waived upon meeting the spending requirements, and benefits like a fuel surcharge waiver, this card provides good value for users with moderate spending.
Rating: (out of 5)
- Overall Rating: 4.0
- Benefits: 4.0
- Fees: 4.2
- Customer Service: 4.0
Pros and Cons of Bank of Baroda Easy Credit Card
| Pros | Cons |
|---|---|
| 1% fuel surcharge waiver | Limited rewards categories |
| 5X rewards on groceries, departmental stores, movies | No domestic or international lounge access |
| Cashback on bill payments | Lower reward value compared to premium cards |
Similar Cards to Bank of Baroda Easy
| Feature | Bank of Baroda Easy Credit Card | Axis Bank My Zone Credit Card | HDFC MoneyBack Credit Card | ICICI Amazon Pay Credit Card |
|---|---|---|---|---|
| Annual Fee | ₹500 + GST | ₹500 + GST | ₹500 + GST | Nil |
| Lounge Access | Not available | 1 domestic visit per quarter | N/A | N/A |
| Reward Rate | 5X rewards on select categories | 5X rewards on select categories | 10X rewards on online spends | Up to 5% cashback |
| Reward Value | 1 RP = ₹0.25 | 1 RP = ₹0.25 | 1 RP = ₹0.25 | 1% to 5% cashback |
| Special Benefits | Fuel surcharge waiver, cashback | Movie ticket cashback | High rewards on online spends | Cashback on Amazon spends |
Relevant Links
To help our readers navigate our website and find additional relevant content, here are some internal links you might find useful:
- Best Entry-Level Credit Cards in India
- Best Lifetime Free Credit Cards in India
- How to Maximize Credit Card Rewards
- Bank of Baroda Credit Cards
For more detailed information about Bank of Baroda credit cards and other financial products, you can visit the official Bank of Baroda website.
FAQ
Q: What is the annual fee for the Bank of Baroda Easy Credit Card?
A: The annual fee for the Bank of Baroda Easy Credit Card is ₹500 + GST, which can be waived upon spending ₹35,000 annually.
Q: How can I earn reward points with the Bank of Baroda Easy Credit Card?
A: You can earn 5X Reward Points per ₹100 spent on groceries, departmental stores, and movies, and 1 Reward Point per ₹100 on other categories.
Q: Does the Bank of Baroda Easy Credit Card offer any additional benefits?
A: Yes, the card offers several benefits including a 1% fuel surcharge waiver, cashback on bill payments, and in-built insurance coverage. Additionally, the annual fee can be waived off if you spend ₹35,000 in a year.
Q: How can I redeem the reward points earned with the Bank of Baroda Easy Credit Card?
A: Reward points earned can be redeemed for cashback, gift vouchers, or travel bookings through the Bank of Baroda’s rewards portal. The value of each point is ₹0.25 when redeemed for cashbacks.
Q: Are there any specific spend categories where I can earn higher rewards?
A: Yes, you earn 5X Reward Points per ₹100 spent on groceries, departmental stores, and movies, which allows you to accumulate points faster in these categories.
Q: Is there a waiver on the annual fee for this card?
A: The annual fee of ₹500 + GST can be waived if you spend ₹35,000 in a year. Additionally, the joining fee is waived if you spend ₹6,000 within the first 60 days of card activation.
Q: What are the charges for using the Bank of Baroda Easy Credit Card for rent payments?
A: There is a 1% fee applied to rent payments made through third-party apps like CRED and Paytm.
