BOB ICAI Exclusive RuPay Credit Card
Bank of Baroda
Last updated: Nov 24, 2025
₹0
₹0
2%
12 visits/yr
Contents
BOB ICAI Exclusive RuPay Credit Card is a lifetime free card specially designed for members of the Institute of Chartered Accountants of India. It offers 5X reward points on dining, online spends and utility bills, along with low 2% forex markup for affordable international usage. Cardholders also enjoy domestic airport lounge access, FitPass Pro welcome membership and strong insurance protection including professional indemnity cover.
Features of BOB ICAI Exclusive RuPay Credit Card which makes it unique
Lifetime Free for ICAI Members
No joining fee or annual fee for eligible ICAI members, making it a genuine lifetime free professional credit card.
Zero fixed cost of ownership with full access to rewards, lounges and insurance benefits.
More cost-effective than many premium cards that charge annual fees.
Profession-focused Benefits
Professional indemnity cover and curated privileges tailored to chartered accountants.
Provides additional safety and value aligned with the needs of practising and employed CAs.
Rare combination of rewards and professional risk cover in one credit card.
High Reward Rate on Essentials
5X rewards on dining, online spends and utility bills – the categories where ICAI professionals typically spend the most.
Helps maximise savings on everyday lifestyle and work-related expenses.
Reward structure is more focused and generous than generic entry-level cards.
Rewards Structure of BOB ICAI Exclusive RuPay Credit Card
Dining
acceleratedRestaurants and food delivery spends
Ideal for frequent dining and food delivery on weekends and weekdays.
Online Spends
acceleratedE-commerce websites and mobile apps
Maximise value on online shopping, subscriptions and bill payments.
Utility Bills
acceleratedElectricity, water, gas, broadband and postpaid bills
Convert your monthly bill payments into long-term savings through rewards.
Other Spends
baseAll eligible retail spends outside fuel and restricted MCCs
Earn consistent rewards on day-to-day shopping, travel and lifestyle expenses.
Milestones of BOB ICAI Exclusive RuPay Credit Card
Welcome Spend Milestone
Any eligible transaction within 30 days of card issuance : 1,000 reward points as a one-time welcome benefit
Early Spend Milestone
₹5,000 or more within 60 days of card issuance : Additional 500 reward points for quick initial usage
Quarterly Spend Milestone
More than ₹1,00,000 or card credit limit (whichever is higher) in a calendar quarter : 4,000 reward points every quarter on meeting the spend criteria
Monthly Activity Milestone
At least 5 transactions of ₹1,000 or more in a month : 1,000 bonus reward points to encourage regular monthly usage
Fees & Charges of BOB ICAI Exclusive RuPay Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 2% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,000 |
| Over Limit Fee | 0 |
| Returned Payment Fee | ₹300 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Lifetime free credit card with no renewal fee for eligible ICAI members.
Fee Explanation No joining or annual fee. Cash withdrawal at 2.5% of amount (minimum ₹500). Late payment charges are slab-based up to ₹1,000. Cheque/auto-debit return charges from ₹300 or 2% of amount, as per latest Bank of Baroda BOBCARD schedule. Please refer to the official BOBCARD fee grid for the most updated slabs.
Lounge Access Benefits with BOB ICAI Exclusive RuPay Credit Card
domestic Lounges
goldVisits per year: 12
Guest access: No
Up to 3 complimentary domestic airport lounge visits per quarter on spending at least ₹40,000 in the previous quarter at partner lounges in India.
Insurance Coverage with BOB ICAI Exclusive RuPay Credit Card
Credit Shield
As per outstanding card duesHelps protect against unpaid dues in case of unfortunate events, as per Bank of Baroda’s group insurance policy.
Professional Indemnity Insurance
₹5,00,000Available exclusively for ICAI members to cover professional liability risks as per policy terms.
Non-Air Accident Death Cover
₹5,00,000Payable in case of accidental death outside air travel, subject to card usage and policy conditions.
Air Accident Death Cover
₹15,00,000Applicable for air travel booked using the card, as per insurer’s terms and conditions.
Additional Features of BOB ICAI Exclusive RuPay Credit Card
Contactless Payments
Tap-to-pay enabled RuPay contactless credit card for quick and secure payments at NFC-enabled terminals.
Contactless transactions allowed up to the limit set by RBI and the bank without PIN, above which PIN is required.
Add-on Cards
Up to 3 lifetime free add-on cards for immediate family members.
Available for eligible family members above the minimum age defined by the bank.
Smart EMI
Convert high-value purchases into easy EMIs directly via BOBCARD app or customer care.
Minimum transaction amount and tenure options as per Bank of Baroda BOBCARD policy.
BOBCARD Mobile App & Netbanking
Manage limits, track spends, redeem reward points and enable/disable international or contactless usage from the app.
Active internet connection and registered mobile number are required.
Welcome Bonus with BOB ICAI Exclusive RuPay Credit Card
Welcome Bonus: 1,000 Points + FitPass Pro membership.
Bonus Conditions: Earn 1,000 reward points on first transaction within 30 days of issuance and get complimentary 6-month FitPass Pro membership on card activation.
Application Process for BOB ICAI Exclusive RuPay Credit Card
Processing Time
Card is typically approved and dispatched within 5–7 working days after successful KYC and credit approval.
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Visit the official BOBCARD ICAI Exclusive page or Bank of Baroda website and click on Apply Now.
Fill in basic personal, professional and ICAI membership details in the online application form.
Complete Aadhaar-based e-signing and video KYC as guided on the portal.
Upload required KYC and income documents, including ICAI membership proof, PAN and Aadhaar.
Wait for credit assessment and approval; once approved, the card is printed and dispatched to your registered address.
Required Documents for BOB ICAI Exclusive RuPay Credit Card
ICAI Membership Proof
allAccepted documents:
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Income Proof
self_employedAccepted documents:
BOB ICAI Exclusive RuPay Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted at RuPay-enabled POS terminals and online merchants across India, including major retail, dining and service outlets.
International Acceptance
Usable at select international merchants and ATMs where RuPay cards are accepted through global network partnerships.
Online Acceptance
Enabled for secure online transactions on major Indian and select international websites supporting RuPay.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for BOB ICAI Exclusive RuPay Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian residents only
Income Requirements
Salaried Applicants
₹30,000
Minimum annual income
Self-Employed Applicants
₹30,000
Minimum annual income
Who Can Apply
Important Conditions
- Available exclusively to ICAI members subject to Bank of Baroda credit policy. ICAI membership proof, valid PAN and Aadhaar are mandatory.
How Approval Is Decided
- Applicant must be a valid ICAI member with acceptable membership proof.
- Minimum income of around ₹3 lakh per annum (salaried or self-employed) as per Bank of Baroda policy.
- Satisfactory credit history and credit score, typically 700 or above.
- Successful completion of KYC verification and any additional checks required by the bank.
Pros of BOB ICAI Exclusive RuPay Credit Card
- Lifetime free with no joining or annual fees.
- Strong 5X reward structure on practical categories like dining, online and utility bills.
- Domestic airport lounge access linked to achievable quarterly spends.
- Low forex markup of 2% compared to many cards charging 3.5%.
- Complimentary FitPass Pro membership and professional indemnity insurance cover.
Cons of BOB ICAI Exclusive RuPay Credit Card
- Limited rewards on fuel and certain restricted merchant categories.
- Lounge access is conditional on quarterly spend requirement.
- Reward redemption value is fixed at ₹0.25 per point, which may feel modest for heavy spenders.
- Card is restricted to ICAI members, so not available to general customers.
Frequently Asked Questions about BOB ICAI Exclusive RuPay Credit Card
Is the BOB ICAI Exclusive RuPay Credit Card lifetime free?
Yes, the BOB ICAI Exclusive RuPay Credit Card is lifetime free for eligible ICAI members with no joining fee or annual fee.
How many reward points do I earn on my everyday spends?
You earn 5 reward points per ₹100 on dining, online and utility bill payments, and 1 reward point per ₹100 on all other eligible retail spends. Some categories like fuel and restricted MCCs may not earn reward points.
Do I get complimentary airport lounge access with this credit card?
Yes, you can enjoy up to 12 complimentary domestic airport lounge visits per year, limited to 3 visits per quarter, when you spend at least ₹40,000 in the previous quarter on your card.
What is the forex markup on international transactions?
The card charges a low 2% foreign currency markup on international transactions, making it cost-effective for overseas payments and international shopping.
How can I redeem my reward points?
You can redeem your reward points for cashback, vouchers or merchandise through the BOBCARD mobile app or online portal. Typically, 4 reward points are equal to ₹1 of value, subject to the latest redemption rules.
Who is eligible for the BOB ICAI Exclusive RuPay Credit Card?
This card is available only to members of the Institute of Chartered Accountants of India (ICAI) who meet Bank of Baroda’s income, credit score and KYC requirements, and can provide valid ICAI membership proof, PAN and Aadhaar.
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