Bank of Baroda BOBCARD CORPORATE Credit Card Review
Author And Publisher: Gyro 3.oBOBCARD CORPORATE Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
Maintain Two Credit Cards: One For Routine Expenses And Auto-Debits, And Another Reserved For Emergencies. Avoid Pursuing Rewards; Prioritize Financial Stability And Discipline.
Bank of Baroda BOBCARD CORPORATE Credit Card Review:
50-Day Interest-Free Credit, 8 Lounge Visits
& Centralized Expense Control
introduction
BOBCARD CORPORATE Credit Card is designed specifically for businesses, offering up to 50 days of interest-free credit and Personalized features like corporate name embossing and detailed spending statements for easy expense management. With zero joining fee, an annual charge of ₹1,000, and welcome rewards, it supports both new and established enterprises in streamlining payments and employee expense tracking, while delivering premium benefits like complimentary airport lounge access and dedicated customer support.
key features and benefits
Welcome Benefits
- 500 Reward Points on spending ₹5,000 within 60 days of card issuance.
Reward Structure
1 Reward Point per ₹100 on all eligible spends across categories.
Airport Lounge Access
- 8 complimentary domestic airport lounge visits per year (2 visits per quarter).
Zero liability on lost card:
If loss is reported immediately, the company and cardholder carry no liability for fraudulent transactions that occur post-reporting.
Additional benefits
- Give light to your new business endeavours with up to 50-days interest-free credit period.
- get a personalised card look as your Corporate Name will be mentioned on the card.
insurance benefit
- air Accidental insurance: ₹1.cr
- personal accidental insurance: ₹10 lakhs.
Card Essential
Rewards and Benefits Analysis
Best for:
Best for companies needing to pay and track business expenses for employees.
Good for spending on travel, hotels, cabs, meals, fuel, tolls, and business services.
Ideal for any business in India that wants easy expense management and rewards.
Not ideal for:
Reward maximizers seeking high cashback or miles.
High-luxury lifestyle seekers (no golf, no premium lifestyle perks).
Real Value Example
Assume a mid-sized company with ₹12,00,000 annual card spends.
- Rewards:
- ₹12,00,000 × 0.25% = ₹3,000 cashback via RP (12,000 RP × ₹0.25).
Fuel surcharge waiver:
Assume ₹15,000/month fuel across cards → ₹1,80,000/year.
1% waiver up to ₹250/statement → effectively ₹3,000/year saved.
Airport lounge:
8 visits × ₹800 effective per visit value = ₹6,400/year.
Total tangible value ≈ ₹12,400/year against ₹1,000 annual fee
Net benefit: ~₹11,400.
Practical Considerations
Fees and charges:
Joining Fee: Nil.
Annual Fee: ₹1,000.
Corporate Eligibility:
Indian-registered corporate entity.
Corporate must hold required accounts/relationships with Bank of Baroda (current/OD/CC as per bank norms)
Financials:
Last 3 years IT returns.
Memorandum & Articles of Association / Partnership Deed / Firm registration.
Other financial documents as per BOBCARD’s guidelines.
Cardholder Eligibility:
Primary corporate cardholder: 21–60 years.
Add-on users: 18+ years.
Redemption Options
BOBCARDS REWARD'S PORTAL
All accumulated Reward Points can be redeemed for cashback against the statement:
1 RP = ₹0.25.
Redemption is simple and corporate-friendly:
Cashback reduces overall card Outstanding's.
No complex catalogue navigation required if you choose cashback.
Treat rewards as a bonus rather than a core benefit.
Use cashback to partially offset annual fees or reinvest in employee welfare (e.g., gift cards, team events).
Focus on consolidating maximum business spends (flights, hotels, fuel, subscriptions) onto this card to improve control and reporting while picking up incremental cashback.
Ideal User Profile
- Businesses needing to manage and track employee spending easily.
- Companies with regular expenses on travel, fuel, hotels, and business services.
- Organizations seeking up to 50 days interest-free credit for business payments.
- Businesses looking for rewards, airport lounge access, and easy bill payments.
Final Thoughts
Strengths
Zero joining fee; low ₹1,000 annual fee for easy adoption.
Up to 50 days interest-free credit—ideal for cash-flow management.
8 domestic lounge visits/year add value for traveling staff.
Employee-focused features:
Custom card embossing with corporate name
Categorized spending statements
Self-care portal for control and ease
Limitations
- Rewards rate is basic—suited for efficient expense tracking, not maximization.
- Fixed annual fee—no waiver for high spenders.
- No lifestyle perks—like golf or international lounges.
- Best for business expenses; not for personal luxury, travel hacking, or reward maximizers.
VERDICT
The BOBCARD CORPORATE Credit Card is a practical business tool—ideal for companies focused on controlling employee spends, maintaining cash-flow with up to 50 days interest-free credit, and earning modest cashback and lounge benefits.
Additional Tips for Applicants
Always pay corporate card bills on time to build a strong credit profile.
Align card billing cycles with your company’s payables and receivables for better cash flow.
Route all business travel, fuel, hotel, and subscription spends through the BOBCARD CORPORATE card.
Set custom spending limits for each employee based on their role and travel frequency.
Use and encourage lounge access and self-care portal features for traveling staff.
Audit employee statements regularly and block cards immediately if roles change or misuse occurs.
This review offers a clear and balanced overview of The Bank of Baroda BOBCARD CORPORATE Credit Card’s strengths and limitations, helping readers make an informed choice about whether this card fits their
working capital solution & Financial Goals.
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