BOB ICAI Exclusive Credit Card is for chartered accounts that are members of ICAI. The card offers exclusive benefits like 12 complimentary domestic airport lounge visits, 5X rewards on dining, online transactions, and utility bills.
List of 8 Bank of Baroda Credit Cards Here
Moreover, it also provides complimentary insurance that includes air and non-air accident death cover. However, there are more benefits which we have mentioned in this post.
Suggested Read: Bank of Baroda Credit Card Application Status
BOB ICAI Credit Card Features
The ICAI credit card comes with exclusive features for the ICAI members. We have mentioned all the features in the following section.
Fuel Surcharge Waiver
BOB ICAI credit cardholders can enjoy the fuel surcharge waiver facility. A 1% waiver will be given on fuel transactions of 400 to 5000 rupees. One can get a maximum waiver of 250 rupees in a month.
Moreover, the fuel surcharge waiver facility is available for Indian petrol pumps only.
Extra Rewards
ICAI credit cardholders can earn 1 reward point every time for every 100 rupees spent on categories other than the 5X rewards category. Moreover, these reward points can turn into cashback and the value of each reward point is 0.25 rupees.
Easy EMI Option
Moreover, the easy EMI option allows the ICAI credit cardholders to turn their purchases of over 2500 rupees into EMIs. The tenure of these EMIs is 6 to 12 months.
Lifetime Free Card
The amazing thing about this credit card is it comes with no joining and annual fee and this makes it a lifetime free credit card.
Suggested Read: BOB Credit Card Helpline
BOB ICAI Credit Card Benefits
The Bank of Baroda ICAI Credit Card provides exclusive benefits for which we have published the information below.
Milestone Rewards
The details for milestone rewards are furnished below.
- Make your first transaction within the first 30 days of card issuance to earn 1000 reward points.
- Furthermore, get a chance to earn 4k reward points every quarter whenever you make transactions more than the available credit limit.
Free Add on Card
Similar to earlier mentioned Bank of Baroda credit cards this ICAI credit card also allows the cardholder to get up to 3 add-on cards for their family members. However, the age of all the add-on card beneficiaries must be above 18 years.
Complimentary Insurance
Moreover, ICAI credit cardholders are also protected under complimentary insurance and the details are given in this table.
| Type of Insurance | Amount |
|---|---|
| 1. Professional Indemnity Insurance | 5 lakhs |
| 2. Air Accident Death Cover | 15 lakhs |
| 3. Non-Air Accident Death Cover | 5 lakhs |
Zero Lost Card Liability
Additionally, the bank assures more protection against fraudulent transactions by offering zero lost card liability. However, the ICAI credit cardholder has to immediately report to the bank about the loss of the credit card.
Do you want to use a credit card to develop credit? Instead, use the Destiny MasterCard to improve your credit.
Suggested Read: BOB Card Status
BOB ICAI Credit Card Offers
BOB ICAI card provides a limited variety of exclusive offers that are published in this section.
Accelerated Rewards
- Transactions made on dining, online, and utility bill payments will give you 5 reward points for every 100 rupees spent.
- Get a chance to earn 1000 bonus reward points. However, you have to make 5 transactions for that, and each transaction should be worth Rs 1000 or more every month.
Travel Benefits
- You will be amazed to know that this credit card allows you to experience complimentary lounge access at domestic airports.
- A maximum of 12 lounge visits per year will be provided or 3 lounge visits per quarter.
- Moreover, credit cardholders can also save their money on foreign transactions as it takes only 2% as forex markup charges.
Fitness & Frolic
Cardholders can also enjoy the welcome offer of 6 months free FitPass Pro membership worth Rs. 15,000.
BOB ICAI Exclusive Credit Card Eligibility
The following are the BOB ICAI Exclusive Credit Card eligibility requirements.
- The first requirement is the applicant must be an active member of the Institute of Chartered Accountants of India (ICAI).
- The age criteria for primary credit cardholder is 21 to 75 years.
- Add-on credit card holders must be above 18 years of age.
- This credit card is available to the resident of India only.
Bank of Baroda ICAI Credit Card Documentation
The BOB ICAI Exclusive Credit Card requires the list of the following documents displayed in the table given below.
| Income Proof | Latest Salary Slips and Bank Statement (not more than 3 months old), Form 16, or, ITR |
| Identity Proof | Passport, Pan Card, Voter ID, Aadhar Card, State or Central govt. issued photo id |
| Address Proof | Ration Card, Aadhar Card, Passbook, Driving License, Phone & electricity bills (up to 3 months old) |
| Photograph | Color Photograph |
BOB ICAI Credit Card Apply
BOB ICAI Exclusive Credit Card can be applied online only by the ICAI members. The following steps will help ICAI Members to apply for the BOB ICAI Exclusive credit card online.
- To apply for an ICAI credit card visit this link.
- The cardholder has to type their personal information, pan card number, and ICAI membership number.
- After that, they have to click the “Verify Mobile Number” button.
- After completing the first step there are 5 more steps remaining in which you have to enter your contact info, occupation, nomination, bank details, and declaration.
BOB ICAI Credit Card Fees and Charges
The table published in this section contains the details for BOB ICAI credit card fees and charges.
| Fees & Charges | Amount |
|---|---|
| Joining Fee | Lifetime Free |
| Annual Fee | Lifetime Free |
| Cash Withdrawal Charges | 2.5% or INR 500 |
| Cheque Return Charges | 2% of the amount or a minimum of 300 rupees |
| Finance Charges | 3.49% p.m. or 41.88% p.a. |
| Forex Markup Charges | 2% of the transacted amount |
| Card Unblock Charges | INR 300 |
| Late Payment Charges | NIL- Less than 100 INR 100- Between 100 to 500 rupees INR 400- Between 501 to 1000 rupees Rs. 600- Between 1001 to 10000 rupees Rs. 800- Between 10001 to 25000 rupees INR 950- For amount above 25000 rupees |
Suggested Read
| 1. BOB Eterna Credit Card | 2. BOB Select Credit Card |
| 3. BOB Easy Credit Card | 4. BOB Premier Credit Card |
| 5. BOB ICSI Diamond Credit Card | 6. BOB CMA ONE Credit Card |
| 7. BOB Prime Credit Card |
FAQs
Who can apply for BOB ICAI Exclusive Credit Card?
This BOB ICAI Exclusive credit card is for chartered accountants who are members of ICAI.
How many days will it take to get Bob ICAI credit card?
It will usually take 15 to 20 days to get a BOB ICAI credit card to your given address.
Is ICAI credit card free for a lifetime?
Yes, the ICAI credit card is a lifetime free credit card with no joining and annual fees.
Can I apply for ICAI Credit Card via email?
Yes, you can send an email to the Bank of Baroda credit card department for applying for an ICAI credit card. They will ask for your ICAI membership number and other details for approval. Once your application got approved by the Bank of Baroda the card will be available to you within 20 days.
Does ICAI credit card provide complimentary lounge access?
Yes, it provides 3 domestic lounge visits per quarter and a total of 12 complimentary lounge visits per year at selected domestic airports.
What is the helpline number for contacting the credit card department?
One has to dial the following credit card helpline to ask for the solution to their queries and complaints.
1800 22 5100