BOI Visa Platinum International Credit Card Review

BOI Visa Platinum International Credit Card is a basic credit card from the Bank of India. It is specially designed for international uses. It comes with several features like the Add-on facility, big cash withdrawal limit, interest-free period, revolving credit facility, etc. This card also comes with a low currency conversion charge which is suitable for international uses. Now let’s discuss the card in detail and see if it is worth the ₹1,500 annual fees or not.   

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person: 
    • Age: 21 to 60 yrs. 
    • Income: ₹1.5 lakh annually. 
  • For self-employed person:
    • Age: 21to 65 yrs. 
    • Income: ₹1.5 lakh annually. 
  • Good CIBIL Score ( 750 or more).

Required Documents:

  • 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
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

Fee:

  • Joining Fee: ₹1,500 + GST
  • Annual Fee: ₹1,500 + GST

Benefits:

  • Add on cards:

You can share the awesome features of your cards with your loved ones. Just add your loved ones, (min age – 18+) with your card and they can also the features of a credit card. The annual fee for Add-on Cards is ₹800

  • Easy Cash withdrawal:

With this card, you don’t need to worry if you need instant cash while traveling outside India. As with BOI, you can withdraw cash at any ATMs. You can withdraw up to ₹ 50,000 / day. You can withdraw up to 50% of your spending limit. 

  • Interest-free period:

This card offers you an interest-free period of up to 51 days. 

  • Revolving facility:

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

  • EMV Chip Card:

This card comes with a built-in EMV Chip. It adds more security and convenience to your transactions.

  • Worldwide acceptance:

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

Charges:

  • Cash Withdrawal Charge: 2% at BOI ATMs and 2.5% at other and overseas ATMs.
  • Finance Charge: 1.70% monthly if the minimum due amount is paid otherwise it will be 2.50% monthly. 
  • Foreign currency transaction: 2% against the transaction amount.

Contact Details:

Call: 1800-220-229

        1800-103-1906

Mail: [email protected]

100xGain Ratings:

1/10

Final Opinion:

After analyzing the card and its features, it can be said that this card is designed for international uses also the beginners will find this card helpful since it is easy to use and it charges a very low-interest rate. 

But if you want to earn benefits from your card I would not recommend you this card. This card is not designed for earning benefits. There are lots of credit cards available in the market that comes with a lower price and offers much better benefits. 

For instance, if you want to earn Cash-Back then you can go for ICICI Bank Carbon Credit Card, if you want to earn benefit on travel then you can go for Axis Bank Titanium Smart Traveller Credit Card, if you want to earn benefits on entertainment and movies then you can go for ICICI Bank Rubyx Credit Card, and if you want a credit card from BOI then you can go for BOI India Credit Card

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