Bank of India Master Platinum International Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Bank of India Master Platinum International Credit Card
Bank Name :
Bank Of India
Type :
Travel Credit card
Interest Rate :
1.70% p.m. (22.45% p.a.) on daily balances In case of default service charges is 2.50% p.m. (34.50 % p.a
Eligibility :
Minimum age of the card holders should be 18.
Individual, Staff/non-staff, private limited company, partnership firms, public limited company.
Customer should be having steady source of income verifiable through Income Tax Returns.
Pros
Globally accepted Card.
One complimentary Domestic lounge access per quarter at airport lounges.
Customer will get 2X Reward points in POS an ECOM transactions. *(Excluding Blocked Categories).
Cons
No complimentary international airport lounge visit facility is available.
Few add-on features.
No welcome benefit
Pros & Cons
Welcome Benefits
None
Rewards System
1 Reward point = INR 0.25
You get 2 StarPoints on every Rs. 100 on your regular spends.
You get 3 StarPoints on every Rs. 100 on your spends at merchant falling under your Preferred Category.
You must select exactly one Preferred Category at the time of registration.
Effective Cashback Rate: 1.25%
International Forex Markup
IFM- Upto 3.5%
Welcome Benefits and Reward System
Special Features
None
Eligibility Criteria
Minimum age of the card holders should be 18.
Individual, Staff/non-staff, private limited company, partnership firms, public limited company.
Customer should be having steady source of income verifiable through Income Tax Returns.
Benefits
Reward points: Earn 2X reward points on all your POS and ECOM transactions (excluding blocked categories).
Global acceptance: The Mastercard network is widely accepted worldwide, offering convenience for international travel and purchases.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the Bank of India website and click on the "Credit Cards" tab.
Click on the "Apply for a Credit Card" button.
Select the "Master Platinum International Credit Card" from the list of credit cards.
Enter your personal details, such as your name, address, and contact information.
Enter your employment details, such as your employer's name and contact information.
Enter your income details.
Upload a copy of your PAN card and recent salary slip.
Submit your application.
The Bank of India will review your application and will contact you if your application is approved.
Contact Details
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Globally accepted Card.
One complimentary Domestic lounge access per quarter at airport lounges.
Customer will get 2X Reward points in POS an ECOM transactions. *(Excluding Blocked Categories).
No complimentary international airport lounge visit facility is available.
Few add-on features.
No welcome benefit
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining fee: INR 500.
Annual Fee: INR 500
Cash advance fee: 2.5% of the amount withdrawn, or Rs. 50, whichever is higher
Interest Rate: 22.45% per annum (p.a.)
Late payment fee: 3% of the outstanding amount, or Rs. 500, whichever is higher
Foreign transaction fee: 3.5% of the transaction amount
Reward redemption fee:NIL
Fuel Surcharge
N/A
Billing Cycle
30 Days