All cards / Bank of Baroda
CMA One BOBCARD Credit Card
BOBCARD's card for cost accountants, a sibling of its ICAI Exclusive card: ₹1 joining fee, no annual fee, 5X points on dining, online and utility spends, a 2% forex markup and professional indemnity cover. The real value is the 4,000-point (about ₹1,000) quarterly bonus for spending over ₹1 lakh a quarter.
Annual fee
₹0
Joining fee
₹1
Reward type
points
Base reward rate
0.25%
Card network
Mastercard
Card tier
Mid
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in dining, online shopping, utilities. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.25% base rate
- Reward redemption: Cashback at 1 point = ₹0.25; Pay with Rewards (Twid) at 1 point = ₹0.15
- Travel: BOBCARD SmartDeal bookings earn 4 points per ₹100 on flights and 10 points per ₹100 on hotels
- Domestic lounge access: 3 complimentary domestic lounge visits per quarter on ₹40,000 spend in the previous calendar quarter
- International lounge access: Not offered
- Insurance benefits: Professional indemnity cover up to ₹5 lakh; air accident death cover ₹15 lakh; non-air accident death cover ₹5 lakh
Benefits by category
- 🍽️ Dining & food delivery
1.25% reward rate (capped ₹250/monthly) · 5 reward points per ₹100 on dining, online and utility spends (max 1,000 bonus points per statement); 1 point per ₹100 elsewhere; UPI earns base points only
- ✈️ Travel
3 domestic lounge visits per quarter on ₹40,000 previous-quarter spend
- 🛡️ Insurance
₹5 lakh professional indemnity cover plus accident death cover
- 🛍️ Shopping
1.25% reward rate (capped ₹250/monthly)
- 🧾 Utilities
1.25% reward rate (capped ₹250/monthly)
- 🌍 Forex / international spend
2% forex markup on international transactions
Eligibility
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
Fees & charges
- Foreign currency markup: 2%
- Interest rate: 3.75% p.a.
- Fuel surcharge waiver: 1% waiver on fuel transactions of ₹400–₹5,000, up to ₹250 per statement cycle (fuel earns no points)
- Cash advance charges: 2.5% of the amount withdrawn or ₹500, whichever is higher; interest from the date of withdrawal
Benefits
- 5 reward points per ₹100 on dining, online and utility spends (max 1,000 bonus points per statement); 1 point per ₹100 elsewhere; UPI earns base points only
- 500 points on ₹5,000 spend within 60 days of issuance, then 4000 bonus points every quarter on spending more than ₹1 lakh or the card's credit limit, whichever is higher
- 3 domestic lounge visits per quarter on ₹40,000 previous-quarter spend
- ₹5 lakh professional indemnity cover plus accident death cover
- 12-month FITPASS PRO membership for cards issued from 1 August 2026
Pros
- + No annual fee (₹1 joining fee)
- + 2% forex markup vs 3.5% on most BOBCARDs
- + Quarterly milestone of 4000 points (about ₹1,000) on ₹1 lakh spend
Cons
- − Only for ICMAI (Institute of Cost Accountants of India) members
- − Low base earn of 0.25%; 5X capped at 1,000 points per statement
- − Lounge access needs ₹40,000 spend in the previous quarter