BOB Easy Credit Card – Latest Benefits, Fees & How to Apply (Updated 2025)

Feature

Description

Welcome benefits

Earn 500 Reward Points on spent of 25,000 within 60 days of card issuance.

Reward Points

Earn 5X reward points for every ₹100 spent on groceries, departmental stores, and movie tickets. 1 reward point for every ₹100 spent on all other transactions.

Sure! Here’s a simpler breakdown:

Example:

Rahul uses his credit card for different purchases in a month:

Groceries: ₹5,000

Shopping at a departmental store: ₹3,000

Movie tickets: ₹2,000

Other expenses (like dining & fuel): ₹10,000

How many reward points does he earn?

For groceries, shopping & movies: Earn 5 points for every ₹100

₹5,000 (groceries) leading to 250 points

₹3,000 (shopping) leading to 150 points

₹2,000 (movies) leading to 100 points

For other expenses: Earn 1 point for every ₹100

₹10,000 leading to 100 points

Total reward points Rahul earns:

250 + 150 + 100 + 100 = 600 points

By using his card wisely, Rahul collects 600 monthly reward points! 

Fuel Surcharge Waiver

Get a 1% fuel surcharge waiver at fuel stations across India for transactions between ₹400 and ₹5,000.

Example:

Amit refuels his car at a petrol pump and pays ₹1,500 using his credit card. Usually, fuel stations charge a 1% surcharge on card payments.

1% surcharge on ₹1,500 = ₹15

Since the transaction is between ₹400 and ₹5,000, Amit gets a waiver on ₹15.

So, Amit does not have to pay the extra ₹15, saving money on his fuel purchase! 

Zero Annual Fees

The BOB Easy Credit Card comes with an annual fee of ₹500, which is waived on spending a minimum of ₹35,000 in a year, making it a cost-effective credit card option.

Example:

Priya gets a BOB Easy Credit Card.

She does not pay any joining fee when she gets the card.

The card has an annual fee of ₹500, but if she spends ₹35,000 or more in a year, the fee is waived (she will not have to pay it).

Scenario 1: Priya spends ₹50,000 or more in a year

She does not have to pay the ₹500 annual fee.

The card costs her nothing for that year! 

Scenario 2: Priya spends less than ₹50,000

She has to pay the ₹500 annual fee for that year.

So, by using the card for regular expenses like shopping, groceries, and fuel, Priya can avoid the annual fee and enjoy the card benefits for free! 

Joining Fee Reversal

Spend ₹6,000 within the first 60 days of card issuance to get your joining fee reversed.

Example:

Ravi gets a new credit card with a ₹500 joining fee. However, the bank offers to reverse (refund) the fee if he spends ₹6,000 

within the first 60 days.

Scenario 1: Ravi spends ₹6,000 or more within 60 days

He gets the ₹500 joining fee back (fee is reversed).

The card costs him nothing to get started! 

Scenario 2: Ravi spends less than ₹6,000 in 60 days

He does not qualify for the fee reversal and has to pay the ₹500 joining fee.

So, if Ravi uses his card for regular expenses like groceries, fuel, and shopping, he can avoid paying the joining fee! 

Interest-Free Credit Period

Enjoy up to 50 days of interest-free credit on purchases, provided the previous month's outstanding balance is fully cleared.

Foreign Transactions

Use your card internationally with a nominal foreign transaction fee of 3.5%.

Example:

Meera travels to the USA and uses her credit card to buy a handbag for $100. The bank charges a 3.5% foreign transaction 
fee on international purchases.

Fee Calculation:

If $1 = ₹83, then $100 = ₹8,300

3.5% of ₹8,300 = ₹290.50

So, Meera will pay ₹8,300 + ₹290.50 = ₹8,590.50 for her purchase.

This means whenever Meera uses her card abroad, she will pay a small extra fee (3.5%) on every transaction. 

Entertainment benefits 

Catch the latest flicks on the big screen and earn yourself 5X Rewards, i.e., 5 Reward Points per 100 spent on movies. 

Example:

Sita goes to watch a movie with her friends and spends ₹1,200 on movie tickets. Since the card offers 5X rewards for movie purchases, she earns 5 reward points for every ₹100 spent on movies.

Reward Points Calculation:

₹1,200 ÷ ₹100 = 12
12 × 5 (points) = 60 reward points

So, Sita earns 60 reward points just for watching a movie! 

EMI Facility

Convert purchases of > ₹2,500/- on your card into Smart EMIs of 6 to 48 months.

Example:

Amit buys a new smartphone for ₹30,000 using his credit card. Instead of paying the full amount at once, he chooses the Smart EMI option and converts it into monthly installments.

How it works:

Since ₹30,000 is more than ₹2,500, he is eligible for EMI.

He selects a 12-month EMI plan.

The bank divides ₹30,000 into 12 smaller payments plus some interest.

Now, Amit pays a fixed amount every month instead of ₹30,000 at once, making it more affordable! 

Online Banking Access

Manage your credit card transactions, check balances, and pay bills through BOB Net Banking and the Mobile App.

Lost Card Liability Cover

In case of loss or theft, report immediately to limit liability and prevent unauthorised transactions.

Fee Type

Amount

Joining Fee

₹500 (Reversed if ₹6,000 is spent in 60 days)

Interest Rate

3.25% per month (39% per annum)

Example:

Raj has an outstanding balance of ₹10,000 on his credit card. The interest rate is 3.25% per month (39% per year).

How interest is calculated:

3.25% of ₹10,000 = ₹325

Raj will be charged ₹325 in interest for the month if he doesn’t pay off the entire ₹10,000.

So, if Raj only makes the minimum payment, his balance will grow by ₹325 in interest for that month.

Cash Withdrawal Fee

2.5% of the amount withdrawn.

Example:

Ravi withdraws ₹5,000 in cash from an ATM using his credit card. The cash withdrawal fee is 2.5% of the amount withdrawn.

Fee Calculation:

2.5% of ₹5,000 = ₹125

So, Ravi will be charged an additional ₹125 fee for withdrawing ₹5,000 in cash from his credit card. 

Late Payment Fee

₹100 to ₹1,200 based on outstanding amount

Over-limit Fee

2.5% of the over-limit amount.

Example:

Priya’s credit card limit is ₹20,000, but she spends ₹22,000 in total. This means she has exceeded her credit limit by ₹2,000.

Over-limit Fee Calculation:

The over-limit fee is 2.5% of ₹2,000.

2.5% of ₹2,000 = ₹50

So, Priya will be charged an additional ₹50 as the over-limit fee.