Bank Of Baroda Eterna Credit Card Review

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Editor’s note: This is a recurring post, regularly updated with new information and offers. Last Updated 27th May 2023.

Bank Of Baroda Eterna Credit Card is the flagship offering from their credit card division known as BOB Financial. This card costs in line with other premium cards available in the market but gives a super premium card reward rate. This card comes on Visa Infinite and MasterCard World platforms.

I was holding a BOB Eazy Credit Card for the last 3 years and was a very early customer for them. I recently got my card upgraded to Eterna since I was using BOB cards a lot recently due to their mouthwatering online offers so that I could further sweeten the deal on all my online spending. Here’s a detailed review of this card.

Charges and Welcome Benefits

Joining Fee₹2499+GST
Joining Fee WaiverSpend ₹25,000 on your card within the first 60 days of the card setup date for first-year fee reversal*.
Welcome Benefits6 Months FitPass Pro
Annual Fee₹2499+GST
Annual Fee WaiverSpend ₹2.5L on your card in a year for an annual fee waiver.
Add-on Card ChargesNIL

*Fee reversal will reflect in the 4th bill statement from the card issuance month.

Currently, BOB is running a limited-period offer and offering unconditional LTF (except Bank Of Baroda Eterna) offers on many of their cards. We are also sharing with you an exclusive referral link for all TechnoFino readers. If you think I have been able to add some value to your spending then as a token of gratitude you can go ahead by applying from our link. So what is stopping you from grabbing a BOB card?

Reward Points Accrual

Spends AreaReward RateCapping
Online Spends / Travel / Dining / International15RP/ ₹100 (4X + 1X)5000 RP/ Month(4X)
Selected MCCs1.5RP/ ₹100None
All Retail Spends3RP/ ₹100 (1X)None
  • *Reward program not applicable on Fuel, EMI transactions & Cash withdrawals.
  • Online Spends include wallet, rent, and insurance payments.
  • The capping of 5000 Reward Points exists on the 4X part of the total 5X reward points.
  • Further spending on categories mentioned in the 1st column will earn you Reward Points at the regular earn rate of 1X.

Reward Points Redemption

Spends AreaReward Rate
Online / Travel / Dining / International3.75%
Selected MCCs0.375%
All Other Retail Spends0.75%
Fuel0%

For special MCCs, we get lesser reward points including some high-spending categories like Rent, Insurance, Utilities, and Government Transactions. Earlier these transactions were yielding rewards at 3.75% but not from now onwards.

Special MCCs List
  • 1 Reward Point = 25p when redeemed for statement cash.
  • Reward redemption charges are absolutely zero.

The card is great for online spending, travel, and dining spending. The reward rate in other categories is poor. The USP is that reward points can simply be redeemed as a statement credit for 25p per point that too without any redemption charges which is a great feature as most banks are nowadays charging for direct cash redemptions. And that 5000 Reward Point capping on the accelerated category is also very decent as compared to other BOB Cards.

Milestone Benefits

  • 10,000 Reward Points on spending ₹50,000 within the first 60 days.
  • 20,000 Reward Points on spending ₹5,00,000 in a year.
  • Bonus Reward points for Milestone Rewards will be posted to eligible cardholders’ credit card accounts within 30 days of the promotion end date.

TechnoFino Maximum


If you spend ₹41,700 (Online / Travel / Dining / International) per month then you will cross the threshold of a maximum of 5000 of 4X reward points and get additional 1250 points at the rate of 1X and the total becomes 6250 Reward Points. With this, you will be able to achieve the yearly milestone of 5L spending and get another 20,000 Reward Points every year. So now you have earned 95K reward points worth ₹23750 on spending just 5L which makes the equivalent reward rate of a huge 4.75% CASHBACK.

With the above, you also get to waive your renewal fee for the next year. I have not added the first-year milestone benefit in the above calculations.

Other Benefits

Lounge Access
  • Domestic – Unlimited access for both primary & add-on cardholders)

    Cardholders can get up to 3-lifetime free add-on cards for their spouse, parents, siblings, or kids. It’s disappointing to see no international access on this card but with the price point at which it comes and the kind of rewards, it gives I don’t have any complaints.
PayTM Movies Offer
  • Buy One Get One free movie ticket at Paytm movies up to ₹250/Month.
Golf Benefits
  • 4 complimentary rounds of green fees per calendar year (not more than 1 round in a single calendar month).
  • 12 complimentary golf lessons per calendar year (1 lesson per calendar month).
  • Discounted golf services at 50% of the green fee beyond complimentary sessions.
  • To Book Call- 1800-102-6263

Fuel Surcharge Waiver

1% fuel surcharge waiver at all fuel stations across India on transactions between ₹400 and ₹5,000

  • Max. surcharge waiver ₹250 per statement cycle.
  • No Reward Points are earned on fuel transactions.
Discounted Forex Markup

This card offers a discounted forex markup of 2% + GST applicable.

Insurance
  • Personal Accidental Death Cover:- Air: ₹1Cr; Non-Air: ₹10L.
  • Zero liability on lost card: Report the loss of the card immediately to ensure zero liability on any fraudulent transactions.

Eligibility

  • Indian resident.
  • Age 21 to 65 years.
  • Annual income required ₹12L.

For a paid variant above criteria are followed internally by the bank and if you want it LTF then the bank is giving it on an approval basis for ITR having income above ₹30LPA. Unofficially existing card holders can upgrade to a paid Bank Of Baroda Eterna if they have a limit of ₹2L on their current BOB Card.

Customer Care Details

For feedback/suggestions/complaints/requests the customer can contact BOB Financial @ 1800-103-1006 / 1800-225-100 or write to crm@bobfinancial.com from your registered mail-id.

TechnoFino Recommends

BOB is very aggressive with its offers like 12-15% on flights/hotels via EaseMyTrip, Yatra.com, or even 5% cashback on bill payments via Amazon Pay. BOB is running a 5% cashback offer on utility bill payments for the last 2 years continuously on Amazon through which we can even book a gas cylinder at 5% off!! Even though it is a lending arm of a PSU Bank but is phenomenally aggressive when it comes to tie-ups with merchants.

Since the team involved is quite small so you may need a great amount of patience in dealing with their slow-to-respond customer care team.

And still, if you are not comfortable with the idea of keeping a premium paid card in your portfolio then I would suggest you go for any of its LTF cards like BOB Premier or BOB Select so that you can enjoy BOB’s online offers carefree.

So what is stopping you from applying for a BOB credit card with so many benefits?

How has your experience been with BOB Credit Cards? Share your thoughts below!

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35 COMMENTS

  1. Great review. I am holding this card for more than a year but for limit enhancement they are asking for ITR. Is there any way to increase limit without ITR ?

  2. Hi Bhavye, once again very nice and helpful article. I want to check on the utility bill payments offer on Amazon. Is this offer applicable on all days? What are the categories that are considered under this?

    Also, it would be worth mentioning that BoB card support isn’t that good. So some users might get delayed responses.

    • Yes, true. So use it till it lasts! Of course, there is the effort of applying, using correctly to take maximum benefit and ensuring all repayments are done on time.

    • I have applied on Aug 03 2022 and it got approved on Aug 29 2022. We need to have ton of patience as the application processing takes lot of time, so don’t keep checking the status page every day.

      • You were right.. it is about 4 weeks now. No signs of the card yet. I hope they dont send also as i got SBI cashback in the meanwhile and likely to get other cards

        • Got the card approval sms after 53 days of applying. Now wait for card to come. Extremely slow process and the card has been devalued in the meanwhile. Strange. Will explore closing after one year

  3. I am not receiving e-Sign link for Aadhar OTP on my mobile or e-mail. Its been more than 15 days since I applied and raised a ticket. The customer support is the worst i ever experienced. They keep on telling the same thing that they have escalated the matter but offer no resolution at all. Its total waste of applying for BOB cards.

    Generally, what is the time taken by the team to process the application and send the agent for KYC verification and final approval??

  4. Hi, looks like I am Not getting accelerated reward point on every online transaction, only restricted to dining, shopping or travel. Is that offer of 3.75% on every online transaction over now?

  5. The mail Id mentioned in the customer care info is wrong. Text if for BOB but internally it has IDFC. Sent the wrong mail because of this .. haha.

  6. @Bhavye Goel
    I have to make a big spend of around 25 Lacs at once on my credit card internationally. Which card should I use to save on forex as well as use it for cash back or AirMiles transfer. How I’ll I get the best return on my spend. What should I be doing?
    Thank you

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