BOB ICAI Credit Card Review

If you are an ICAI member and are looking for a credit card for your everyday usage, then the bob icai credit card would be the perfect choice for you. It is a specially curated credit card for chartered accountants and it comes with a plethora of useful benefits like, reward points on every transaction, free access to airport lounges, an attractive monthly waiver on fuel surcharges, and lots more. More about the benefits of this bob credit are discussed below.

How does the icai bob credit card eligibility criteria work? 

  • Resident Type: Indian
  • BOB credit card eligibility criteria for salaried person:
    • Age: The age of the applicant should be between 18 to 60 years. 
    • Income: The average income of the applicant should be above Rs. 35,000 monthly. 
  • Bank of baroda credit card eligibility criteria for self-employed person:
    • Age: The age of the applicant should be between 18 to 65 years. 
    • Income: Annual Income Tax Return should be greater than Rs. 3 lakh. 
  • The applicant should hold an icai membership.
  • An excellent credit score (above 770) is needed to apply for this ca credit card.

As you submit your bob icai credit card application form, you will get an unique application id. You can later use that Id to track the status of your application from the bob credit card tracking page.

What documents are required to apply for this bob lifetime free credit card?

  • Photocopy of Address proof (any 1)
    • Last 6 months bank account Statement
    • Aadhar Card
    • Driving License
    • Passport
    • Utility bills
  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Two recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of last 3 months
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year
      • Proof of business

As per new credit card rules in India, all new bob credit cards are delivered in an inactive state, and in order to start using these cards. So, if you want to knowth bob credit card pin generation process then make sure to take a look at our faq page.

What are the bob financial icai credit card fees?

  • ICAI bob credit card joining fee: None. 
  • ICAI bob credit card annual fee: Free for a lifetime.

What are the bob credit card for icai members benefits

  • A huge joining bonus to welcome you:

As you activate your bank of baroda ca credit card for the first time, you will receive a complimentary fitpass membership worth Rs.15,000 as a welcome gift.

  • Make every transaction rewarding:

You will be rewarded for every transaction you made with this bob credit card.

Category of transaction

Rate of earning bob credit card reward points

Dining and utility bills 5 reward points for every Rs.100 spent (up to 1000 reward points per bob credit card billing cycle
On completing 5 successful transactions worth Rs.1000 in a month 1000 extra rewards

You will not get any reward points for fuel purchase. You can track your bob icai credit card status from the bob financial credit card app.

  • Add comfort to your travel:

This bob credit card offers you free access to domestic airport lounges. You will get a maximum of 12 free accesses (3 per quarter) to most of the domestic airport lounges. Click here for the bob icai credit card lounge access list.

  • Get freedom from fuel surcharge:

This bob ca credit card offers a 1% waiver on fuel surcharges across all fuel stations in India. The transaction amount should be between Rs. 400 to Rs. 5,000. You can earn a maximum of Rs. 250 waiver in a bob credit card statement cycle. 

  • Complimentary insurance coverage protection:

This bob icai credit card comes with complimentary bob credit card insurance coverage protection, the details are given in the table below. 


Total coverage amount.
Air accidental death coverage Rs. 15 lakh. 
Accidental death coverage Rs. 5 lakh. 
Professional Indemnity coverage Rs. 5 lakh. 
  • Lost card liability coverage:

This Bank of baroda icai card comes with lost card liability coverage. Therefore, if your card ever gets lost or stolen, you just have to repost the missing card by calling the bob credit card customer care number and you will no longer be liable for anything bad that may happen to your account.

You can also temporarily block your missing card from your bob credit card online banking account.

  • Enjoy easy bill splitting:

Using the EMI payment facility, you can split your high-value purchases into small monthly installments. 

  • Instant bob financial credit card payment options:

You can pay bob card bill online from your net banking account, or by using any credit card payment app like Cred, Google pay, Paytm, Phone pe, etc. 

You can also make your bob credit card bill payment offline via NEFT, Cheque, or from your nearby BOB branch. If you need the bob credit card ifsc code then you can find it here 

  • Convenience of contactless payments:

This bob credit card icai variant is equipped with an advanced contactless payment facility. This feature allows you to make payments instantly just by placing your icai credit card over any contactless-enabled POS machine. You can control the contactless payment option from your bob credit card net banking account.

What are the bob credit card charges?


Payable amount

Credit card cash withdrawal charges 2.5% against the withdrawn amount, min Rs. 500 (Check your available bob icai credit card limit before making a withdrawal)
Bank of baroda credit card finance charges The applicable credit card interest rate is 3.25% monthly or 39% annually (applicable if your outstandings are not cleared within your bob credit card payment date)
International credit card transactions charge 2% against the transaction amount
Bank of baroda credit card add-on card fee Free for a lifetime

How to get in touch with the bob credit cards customer service department?

  • Call the bob credit card helpline number : 1800-233-6427 (Toll-free)
  • Write to the bob credit card customer care email id: 

100xGain Ratings:


Pros and cons of the bank of baroda icai credit card:



  • This bob card offers you free access to most of the domestic airport lounges.
  • You can make good monthly savings on fuel surcharges.
  • The rate of earning reward points is also good.
  • It is a lifetime free credit card.
  • There are no dining benefits on this bob free credit card.
  • You will not get any movie/entertainment benefits from this ca card.

Final Opinion:

After thoroughly analyzing the bob icai credit card benefits I can say that this is the best credit card for ca. It packs some attractive perks like reward points on every transaction, fuel surcharge waiver, free access to domestic airport lounges, fuel surcharge waiver, lost card liability coverage, etc. 

So if you are looking for a cheap, semi-premium card for yourself then this special bob credit card for chartered accountants will be the best choice for you. Otherwise, if you can budget an annual fee of around Rs. 10,000 then I would recommend you take a look at our top premium credit cards page. You can also compare the alternative card options given below.

Alternative cards of this bank of baroda life time free credit card: 

  1. Canara RuPay Select Credit Card (Best for offering reward points) 
  2. Axis bank ace credit card (Best for cashback, and lounge access benefits) 
  3. Doctor’s regalia hdfc bank credit card (Best for reward points and lounge access benefits) 
  4. HDFC Platinum Plus Credit Card (Best for offering reward points) 

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