BOB Prime Mastercard Credit Card
Bank of Baroda
Last updated: Feb 03, 2026
₹0
₹0
3.5%
No lounge access
Contents
BOB Prime Mastercard Credit Card is a secured, FD-backed lifetime free credit card from Bank of Baroda, designed for beginners and credit-builders. You earn simple, flat rewards on everyday spends while enjoying a 1% fuel surcharge waiver and built-in personal accident insurance cover. With zero joining and annual fees, it is a low-risk way to build or rebuild your credit score while keeping overall card costs under control.
Features of BOB Prime Mastercard Credit Card which makes it unique
FD-Secured Lifetime Free Card
Prime is a fixed-deposit-backed, lifetime free credit card with zero joining and annual fees.
Ideal for first-time users and credit rebuilders who want to start or improve their credit score without high charges.
More accessible than most unsecured entry-level credit cards that require higher income and charge annual fees.
Simple Flat Reward Structure
Earn a straightforward 2 reward points per ₹100 on most eligible spends.
Easy-to-understand rewards without complicated bonus slabs or rotating categories.
Less confusing than multi-slab, category-heavy reward structures on many beginner cards.
Rewards Structure of BOB Prime Mastercard Credit Card
All Retail Spends (Except Fuel and Restricted Categories)
baseEligible POS, online, and UPI spends that are not classified under restricted merchant categories.
Core reward points on most everyday spends; reward programme is not applicable on select MCCs as per Bank of Baroda terms.
Fuel Transactions
baseFuel transactions between ₹400 and ₹5,000 at fuel stations across India.
No reward points are earned on fuel transactions; only surcharge is waived as per card T&Cs.
Restricted Merchant Categories
baseFuel, agriculture, contractors, rent, insurance, telecom, supermarkets, convenience stores, fast food restaurants, wallets, hospitals, education, government and charity spends.
Certain merchant categories do not earn reward points, in line with the official Prime reward programme terms.
Milestones of BOB Prime Mastercard Credit Card
Fuel Waiver Benefit
₹400–₹5,000 per fuel transaction : 1% fuel surcharge waiver up to ₹250 per statement cycle.
Consistent Usage Benefit
Regular monthly spends on eligible categories : Earn 2 reward points per ₹100 and redeem for cashback at ₹0.20 per point to lower your effective card cost.
Fees & Charges of BOB Prime Mastercard Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,000 |
| Over Limit Fee | ₹600 |
| Returned Payment Fee | ₹300 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Lifetime free credit card with zero joining and annual fees for all eligible customers.
Fee Explanation Standard Bank of Baroda credit card charges apply: up to 3.5% + GST forex markup on international spends, 2.5% (minimum ₹500) cash advance fee, and late payment charges on a slab basis up to ₹1,000 as per the schedule of charges.
Detailed Explanation of BOB Prime Mastercard Credit Card Fees
Joining and Annual Fee: ₹0 (lifetime)
Lifetime free; no joining or annual fee for primary or add-on cards.
Cash Advance Fee: 2.5% (per transaction)
Minimum ₹500 per cash advance transaction at ATMs or branches.
Finance Charges: up to 3.5% per month (monthly)
Interest applicable on unpaid balance, cash withdrawals, and revolved credit as per Bank of Baroda’s MITC.
Late Payment Fee: up to ₹1,000 (per statement cycle)
Late fee charged on a slab basis depending on total outstanding amount as per the latest schedule of charges.
Insurance Coverage with BOB Prime Mastercard Credit Card
Personal Accident Insurance – Air Travel
₹15,00,000Available to active primary cardholders as per Bank of Baroda’s insurance and usage terms at the time of claim.
Personal Accident Insurance – Non-Air
₹5,00,000Covers accidental death in non-air accidents subject to issuer’s policy conditions and timely intimation.
Additional Features of BOB Prime Mastercard Credit Card
FD-Backed Credit Limit
Credit limit is linked to your fixed deposit with Bank of Baroda, helping you build credit with lower risk for the bank.
Requires a lien marked FD (typically ₹15,000–₹30,000 or more) in favour of the card issuer.
Smart EMI Facility
Convert large purchases into Smart EMI plans for easy monthly instalments.
Eligible retail purchases above ₹2,500 can be converted into EMIs for 6 to 48 months at applicable interest rates.
Lifetime Free Add-on Cards
Get up to three lifetime free add-on cards for close family members.
Available for spouse, parents, siblings and children above 18 years, subject to KYC and issuer approval.
Zero Liability on Lost Card
No liability for fraudulent transactions after you report card loss.
Card must be reported lost or stolen immediately on customer care; zero liability applies to post-report transactions only.
Contactless Payments
Tap-and-pay enabled chip card for faster, secure transactions at supported POS terminals.
Contactless limits and PIN-less thresholds as per RBI guidelines and Bank of Baroda policies.
Welcome Bonus with BOB Prime Mastercard Credit Card
Welcome Bonus: 500 Reward Points
Bonus Conditions: Receive 500 bonus reward points on cumulative retail spends of ₹5,000 within 60 days of card issuance. Fuel transactions, cash withdrawals, and wallet loads are not eligible.
Application Process for BOB Prime Mastercard Credit Card
Processing Time
3–5 business days after FD booking and successful KYC.
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Open or link an eligible fixed deposit with Bank of Baroda as per the Prime card requirement.
Apply online through the official BOBCARD portal and select the BOB Prime Mastercard Credit Card.
Complete KYC using PAN, Aadhaar and address proof and submit your application form.
Provide FD proof so that a lien can be marked against your fixed deposit.
On approval, your BOB Prime Mastercard will be dispatched to your registered address and can be activated via net banking or customer care.
Required Documents for BOB Prime Mastercard Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Fixed Deposit Proof
allAccepted documents:
BOB Prime Mastercard Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted across India at most Mastercard-enabled POS terminals and online merchants.
International Acceptance
Accepted at international merchants and ATMs that support Mastercard, subject to forex charges.
Online Acceptance
Can be used for e-commerce, subscription and UPI-linked transactions on supported apps and websites.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for BOB Prime Mastercard Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
700+
Citizenship
Indian residents only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Card is issued against a fixed deposit with Bank of Baroda (typically ₹15,000–₹30,000 or more). Guaranteed issuance is subject to a clean credit history; applications from CIBIL-delinquent customers may be declined. PAN and Aadhaar are mandatory, along with valid address proof.
How Approval Is Decided
- Indian resident between 18 and 85 years for the primary cardholder.
- Eligible fixed deposit with sufficient amount to support the requested credit limit.
- Clean credit history with no serious delinquencies as per Bank of Baroda’s internal policy.
Pros of BOB Prime Mastercard Credit Card
- Lifetime free card – no joining or annual fee, even with regular usage.
- Secured against fixed deposit, making approval easier for new-to-credit customers.
- Simple, flat reward rate of 2 points per ₹100 on most eligible spends.
- 1% fuel surcharge waiver on eligible transactions, reducing fuel costs.
- Free personal accident insurance and zero-liability protection on reported loss.
Cons of BOB Prime Mastercard Credit Card
- Requires a fixed deposit to be opened and lien-marked with Bank of Baroda.
- No complimentary airport lounge access or premium travel benefits.
- No reward points on several restricted categories like fuel, rent, insurance and wallets.
- Forex markup around 3.5% + GST, typical of most entry-level Indian credit cards.
Frequently Asked Questions about BOB Prime Mastercard Credit Card
Is the BOB Prime Mastercard Credit Card really lifetime free?
Yes, the BOB Prime Mastercard Credit Card is a lifetime free FD-backed credit card with no joining or annual fee charged by Bank of Baroda.
Do I need a high salary to apply for the BOB Prime Mastercard?
No, this is a secured credit card issued against a fixed deposit, so there is no strict income requirement. However, you must meet Bank of Baroda’s KYC and credit checks.
How many reward points do I earn on my everyday spends?
You earn 2 reward points per ₹100 on most eligible retail spends. Fuel and certain restricted merchant categories do not earn reward points as per the issuer’s terms.
What fuel surcharge waiver is available on this credit card?
You get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at fuel stations across India, capped at ₹250 per statement cycle. GST on the surcharge is not reversed.
What type of insurance cover is included with the BOB Prime Mastercard?
The card includes complimentary personal accident insurance cover, with higher coverage for air travel and a separate cover for non-air accidents, subject to policy terms and active card usage.
Can I build or rebuild my credit score with this FD-backed card?
Yes, timely repayments and responsible usage of the BOB Prime Mastercard can help you build or rebuild your credit score, as the card is reported to credit bureaus like other Bank of Baroda credit cards.
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