Indian Coast Guard Rakshamah
Rewards & Benefits
Welcome Benefits
Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Milestone Benefits
Cashback Rate
1 reward point =0.25 paise.
5X i.e. 10 reward points on departmental stores, and movies. ( Effective cashback rate: 2.5%). (Maximum 1000 reward points per month).
2 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. (General cashback rate 0.50%).
Movie Benefits
Dining Benefits
Other Benefits
Lifetime free credit card.
Lounge Access
Fees & Charges
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
Cash advance fee: Transaction fee of 2.5% or ₹500 whichever is higher.
Interest rate
3.49% per month, 41.88% per annum.
Late Payment Fee
Late payment charges: INR100 to INR1300.
Foreign Currency Transactions Fee
Foreign currency markup fee: 3%
Other Fees
Fuel surcharge: 1% subject to a minimum transaction of INR 400 and a maximum transaction of INR 5000. Maximum 250 per statement cycle.
Cons
No dining benefits.
No milestone benfits.
Welcome benefit: Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Reward system: 1 reward point =0.25 paise. 5X i.e. 10 reward points on departmental stores, and movies. ( Effective cashback rate: 2.5%). (Maximum 1000 reward points per month). 2 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. (General cashback rate 0.50%).
Users will get 8 complimentary access at domestic airport lounges per year, twice every quarter.
Lifetime free credit card.
5X reward points on spending on departmental stores, and movies.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
The applicant must be a designated Personnel of the Indian Coast Guard & Indian Coast Guard Veterans.
Age: 18 to 70 years (Primary Cardholder). Above 18 years (Add-on Cardholder)
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Application:
Applying online is quick and convenient. Follow these steps: Visit the BOBCARD website.
Click on the “Apply Now” button.
Enter your name as mentioned on your PAN card.
Provide the mobile number linked with your Aadhaar card to receive an OTP (One-Time Password).
Fill in your PAN card number, current address PIN, email address, date of birth, and nationality.
Click on the “Generate OTP” option to proceed.
Offline Application: If you prefer an offline approach, visit your nearest Bank of Baroda (BoB) branch
Contact Details
Toll Free Nos. 1800 2665 100 & 1800 2667 100
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome benefit: Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Reward system: 1 reward point =0.25 paise. 5X i.e. 10 reward points on departmental stores, and movies. ( Effective cashback rate: 2.5%). (Maximum 1000 reward points per month). 2 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. (General cashback rate 0.50%).
Users will get 8 complimentary access at domestic airport lounges per year, twice every quarter.
Lifetime free credit card.
5X reward points on spending on departmental stores, and movies.
No dining benefits.
No milestone benfits.
Indian Coast Guard Rakshamah can be availed only by Indian Coast Guard personnel. The card offers a decent cashback rate. The card offers limited value add features. Overall the card does not meet expectations.
Indian Coast Guard Rakshamah can be availed only by Indian Coast Guard personnel. The card offers a decent cashback rate. The card offers limited value add features. Overall the card does not meet expectations.
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
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Fuel Surcharge
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Billing Cycle
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