BOI Visa Platinum International Credit Card Review

If you are new in the credit card market and looking for an entry-level credit card to gain some experience, then you should take a look at the BOI Visa Platinum International Credit Card. It is not one of those credit cards that comes with attractive credit card benefits, instead, it comes with a number of useful features that are needed to offer you a better credit card experience. Make sure to read the complete review to know more about the BOI platinum card benefits.

Who can apply for the BOI visa platinum credit card?

• Resident Type: Indian. 
• Bank of india credit card eligibility criteria for salaried person: 
  • Age: 21 to 60 yrs. 
  • Income: Rs.1.5 lakh annually. 
• Bank of india credit card eligibility criteria for self-employed person:
  • Age: 21to 65 yrs. 
  • Income: Rs.1.5 lakh annually. 
• A good CIBIL Score (Above 650) is needed to apply for this BOI visa platinum card.

As you submit your credit card application, you will get a unique application id. You can later use that to track your bank of india credit card application status. The complete process is discussed on our faq page.

What documents are required to apply for a BOI credit card?

• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Photocopy of Address proof (any 1) 
  • Last 6 months’ bank account Statement
  • Aadhar Card 
  • Driving License 
  • Passport
  • Utility bill
• One recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Latest salary slip, (3 months) 
    • ITR (Income Tax Return)
  • Self-employed person
    • Latest Income tax return. 
    • Proof of business
    • Recently audited financial report.

What are the BOI visa platinum international credit card fees?

• Joining fee of BOI Visa Platinum International Credit Card: Rs.600 + GST
• Annual fee of BOI Visa Platinum International Credit Card: Rs.600 + GST

What are the BOI visa platinum card benefits?

• Anytime cash withdrawal:

This boi visa credit card comes with a huge cash withdrawal limit, you can withdraw up to Rs.50,000 per day from your BOI credit card account.

• Lowest interest against revolving credit:

If your monthly card bill is too high, you can just pay the minimum due amount and the applicable interest rate against your dues will be 1.70% monthly, otherwise, you will have to pay 2.5% interest per month. 

• Cutting-edge security:

This card comes with a built-in EMV Chip. These chips use a very strong encryption method to store your data which makes your card nearly impossible to clone.

• Your perfect travel companion:

This BOI platinum card is globally accepted, you can use this card at any outlet or e-commerce site where the Visa Credit Cards are accepted. 

What are the bank of india credit card charges?

Particulars	Payable amount
Cash Withdrawal Charge	2.50% against the transacted amount, Min Rs.500 (Check your available platinum card limit before making a withdrawal)
Finance Charge	1.70% monthly (if the minimum due amount is paid) 2.50% monthly (if the minimum due amount is not paid)
Foreign currency transaction charge	3.5% against the transacted amount

How to contact the boi customer care department?

• Call the boi credit card customer care number: 1800-425-1112 / 1800-103-1906 / 022-40429123 or 022-40919191
• Write to the boi credit card customer care mail id: Callcentre@bankofindia.co.in

100xGain Ratings: 

6/10

Pros and cons of the BOI platinum credit card:

Pros	Cons
The interest rate on this card is relatively low. It comes with a very high cash withdrawal limit	There is no cash back or reward benefits on this card.

Final Opinion:

As mentioned before, this bank of india card is not designed to offer you attractive credit card benefits. The only people who can find this card useful are beginners and those who are looking for a basic credit card to improve their credit score.

The major drawback of this card is its annual fee, which is not acceptable. There are so many entry-level credit cards available in India that offer much more benefits at a much lower cost.

So, if you want to compare some alternative card options, then make sure to take a look at the alternative card options given below.

Alternative of BOI Visa Platinum International Credit Card: 

1. BOI Visa Gold International Credit Card (Best for offering discounts on medical-claim)
2. RBL Platinum TravelEasy SuperCard (Best for cashback and instant loan facility)
3. SBI Dena Secured Credit Card (Best for offering credit convenience)