Bank of India Rupay Platinum Credit Card
Rewards & Benefits
Welcome Benefits
None
Milestone Benefits
Cashback Rate
The value of 1 reward point = INR 0.25.
Users will get 2 StarPoints for every Rs. 100 on regular spending. Effective cashback rate: 0.50%.
3 StarPoints on every Rs. 100 spent at any merchants. Effective cashback rate: 0.75%.
Movie Benefits
Dining Benefits
Other Benefits
Globally accepted card.; Customers will get comprehensive insurance cover up to Rs Rs 2 Lakhs provided by NPCI.; Customers will get 24*7 concierge services.; EMI at POS facility is available on POS that are managed/owned by M/S WorldLine Private Limited irrespective of bank.; Maximum amount of cash limit is 50% of the spending limit.; Flexible credit limits for add-on cards.
Lounge Access
Fees & Charges
Joining Fee
INR 0.
Annual Fee
INR 0
Cash Advance Fee
Cash advance fee: 2.5% of the amount withdrawn, or Rs. 50, whichever is higher
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)
Late Payment Fee
Late payment fee: 3% of the outstanding amount, or Rs. 500, whichever is higher
Foreign Currency Transactions Fee
3.50%
Other Fees
Foreign transaction fee: 3.5% of the transaction amount | Reward redemption fee:NIL
दोष
No complimentary lounge visit.
Few add-on features.
No welcome benefit is provided.
Reward System: The value of 1 reward point = INR 0.25. Users will get 2 StarPoints for every Rs. 100 on regular spending. Effective cashback rate: 0.50%. 3 StarPoints on every Rs. 100 spent at any merchants. Effective cashback rate: 0.75%. Users must select exactly one Preferred category at the time of registration.
Globally accepted card.
Customers will get comprehensive insurance cover up to Rs. 2 lakhs provided by NPCI.
Customers will get 24*7 concierge services.
Customers will get 2X reward points in POS and ECOM transactions. (Excluding Blocked Categories).
EMI at POS facility is available on POS that are managed/owned by M/S WorldLine Private Limited irrespective of bank.
Maximum amount of cash limit is 50% of the spending limit.
Flexible credit limits for add-on cards.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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Eligibility Criteria
Minimum age of the card holders should be 18. Only Indian residents can apply.
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
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Visit the Bank of India website and click on the "Apply for Credit Card" tab.
Select the "Rupay Platinum Credit Card" from the list of credit cards.
Fill out the online application form and submit it.
You will need to provide the following information in the application form: Your name, address, and contact details Your income and employment details Your credit history Your PAN card number
Once you have submitted the application form, the Bank of India will review your application and get back to you within a few days.
If your application is approved, you will receive the credit card in the mail within a few weeks.
सम्पर्क करने का विवरण
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Reward System: The value of 1 reward point = INR 0.25. Users will get 2 StarPoints for every Rs. 100 on regular spending. Effective cashback rate: 0.50%. 3 StarPoints on every Rs. 100 spent at any merchants. Effective cashback rate: 0.75%. Users must select exactly one Preferred category at the time of registration.
Globally accepted card.
Customers will get comprehensive insurance cover up to Rs. 2 lakhs provided by NPCI.
Customers will get 24*7 concierge services.
Customers will get 2X reward points in POS and ECOM transactions. (Excluding Blocked Categories).
EMI at POS facility is available on POS that are managed/owned by M/S WorldLine Private Limited irrespective of bank.
Maximum amount of cash limit is 50% of the spending limit.
Flexible credit limits for add-on cards.
No complimentary lounge visit.
Few add-on features.
No welcome benefit is provided.
The Bank of India Rupay Platinum Credit Card is a suitable option for individuals who primarily use their credit cards for everyday purchases within India and prefer a no-fee card. The reward points program and insurance coverage offer some additional benefits. However, this card does not provide any lounge access facility and lower reward rate might not be ideal for frequent travelers or high spenders.
The Bank of India Rupay Platinum Credit Card is a suitable option for individuals who primarily use their credit cards for everyday purchases within India and prefer a no-fee card. The reward points program and insurance coverage offer some additional benefits. However, this card does not provide any lounge access facility and lower reward rate might not be ideal for frequent travelers or high spenders.
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
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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