Deep-Dive Review: Bobcard Silver Credit Card (Discontinued)

[!WARNING] This card is no longer available for new applications. The official product URL (bobcard.co.in/bobcard-silver-credit-card) returns 404 as of July 2026, and the card is absent from the live BOBCARD credit-card-types catalog. Existing cardholders continue to earn rewards per the legacy terms. The closest current BOBCARD product in this segment is Bobcard Prime — also lifetime free, but with 2 RP per ₹100 (vs. 1 RP per ₹100 here) and a ₹0.20/RP cashback rate with no redemption fee.

Community Verdict

[!NOTE] The Bobcard Silver Credit Card was Bank of Baroda’s lifetime-free Visa entry-tier card with a metallic silver aesthetic. Like most of BOBCARD’s other discontinued entry-level products (Rewards, Shopping, Classic, Gold, Platinum), it earned a flat 1 Reward Point per ₹100 on every eligible category with no 5X or 10X accelerator anywhere. Cashback was at ₹0.25/RP with a flat ₹99 redemption fee, leaving an effective return of just ~0.25% on spend before fees. The card carried BOBCARD’s standard lifetime-free feature set (1% fuel surcharge waiver, zero lost-card liability, contactless, Smart EMI) — and that was it. With no welcome voucher, no milestone benefit, no lounge access, no accelerated rewards and no premium insurance, it served purely as a basic credit-building tool. This review is published for existing cardholders and historical reference only.

Pros

• Lifetime Free: ₹0 joining fee, ₹0 annual fee, ₹0 renewal fee — zero fee commitment to hold the card.
• Flat 1 RP per ₹100 Across All Categories: Simple, predictable earn rate — every eligible swipe earns the same.
• 1% Fuel Surcharge Waiver: Save 1% on fuel transactions between ₹400 and ₹4,000. No reward points on fuel.
• Zero Liability on Lost Card: Report loss immediately and you’re protected from fraudulent transactions.
• Smart EMI Option: Convert purchases above ₹2,500 into EMIs of 6 to 48 months.
• Contactless Safe Payments: Tap-to-pay enabled for transactions up to ₹5,000 without a PIN.
• Standard 36-Month Point Validity: Reward points expire 36 months from accrual (per BOBCARD MITC).
• Worldwide Visa Acceptance: Usable at any Visa-accepting merchant globally.
• No Annual Spend Hurdle: Lifetime-free structure — no fee waiver to chase.

Cons

• DISCONTINUED — Not Accepting New Applications: The official product URL returns 404 on bobcard.co.in as of July 2026. New applicants must pick a different card.
• ₹99 Redemption Fee: Every cashback statement credit request carries a flat ₹99 fee — a real drag on small redemptions.
• Low Point Value (₹0.25/RP): At 1 RP per ₹100 and ₹0.25/RP, your effective return on spending is ~0.25% before fees — and ~0% on small redemptions once the ₹99 fee is factored in.
• No Lounge Access: No domestic airport lounge access, no international Priority Pass, no travel insurance.
• No Welcome Benefit: No joining voucher, no activation bonus, no gift — pure credit-building tool.
• No Milestone Bonuses: No quarterly or annual spend tiers — the only “milestone” is the lifetime-free structure itself.
• No Accelerated Rewards: No 5X or 10X on any category — every eligible swipe earns at the base 1 RP per ₹100.
• Standard Reward Exclusions: Fuel, rent (MCC 6513), wallet loads, government payments, insurance, education, utilities, and EMI conversions all earn zero reward points.
• 3.5% Forex Markup: High foreign currency markup makes this card unsuitable for international spending.
• ₹500 Cash Withdrawal Fee: Standard BOBCARD cash advance fee applies — avoid cash withdrawals on this card.
• No Airmiles Transfer: Reward points cannot be transferred to airline or hotel partners — cashback is the only meaningful channel.
• No Premium Concierge or Dedicated Support: Standard BOBCARD customer service only.

Reward Spends & Categories

Category Spend	Earning Rate / Reward Points
🛒 All Eligible Retail (online + offline)	1 Reward Point per ₹100 (≈1% gross, ~0.25% net of redemption fee)
✈️ Flights & Hotels	1 Reward Point per ₹100
💡 Utilities	0% (Excluded per BOBCARD policy)
🎓 Education	0% (Excluded per BOBCARD policy)
🏛️ Government & Tax Payments	0% (Excluded)
🏠 Rent (MCC 6513)	0% (Excluded)
⛽ Fuel	0% (1% surcharge waiver ₹400–₹4,000, no points)
💳 Wallet Load (MCC 6540)	0% (Excluded)
🛡️ Insurance	0% (Excluded per BOBCARD policy)
💳 EMI Conversion	0% (Excluded — paid via Smart EMI is not earn-eligible)
💰 Cash Withdrawal	0% (no points, plus cash withdrawal fee applies)

Reward Point Redemption

[!IMPORTANT]

• Cashback (Statement Credit): 1 Reward Point = ₹0.25 — but a flat ₹99 fee is charged on every redemption request.
• No airmiles / hotel transfer — cashback is the only meaningful channel.
• Points expire 36 months from accrual if not redeemed.

Redemption Option	Value	Fee
Cashback (Statement Credit)	₹0.25/RP	₹99 per request
Catalog Vouchers / Products	Variable (typically ≤₹0.25/RP)	Per redemption request
Airmiles / Transfer Partners	Not available	N/A

[!TIP] Because of the ₹99 fee, only redeem in single large batches (₹2,000+ of cashback at a time) to keep the fee-to-value ratio reasonable. Redeeming 100 RP for ₹25 cashback and paying ₹99 means a net loss.

Milestone Benefits

This card has no milestone vouchers. The only milestone was the lifetime-free structure itself — no fee to chase.

Milestone	Period	Benefit
—	—	No fee, no milestones. Lifetime-free structure.

Airport Lounge & Travel Perks

This card offers: None. No domestic airport lounge access, no international Priority Pass, no travel insurance, no air-miles transfer. If lounge access is a priority, look at BOBCARD Eterna (unlimited lounge + 15 RP per ₹100 on travel), BOBCARD Premier, or HDFC Millennia for a similar profile with travel perks.

Insurance Coverage

Cover	Amount
Air Accident (Personal Accident)	Not offered
Non-Air Personal Accident	Not offered
Fraud Liability (lost/stolen card)	₹50,000
Travel Insurance	Not offered
Baggage / Flight Delay	Not offered
Purchase Protection / Extended Warranty	Not offered

Fees & Charges — Snapshot

Fee / Charge	Amount
Joining Fee	₹Nil (lifetime free)
Annual Fee	₹Nil (lifetime free)
Renewal Fee	₹Nil (lifetime free)
Add-on Card Fee	₹Nil (per BOBCARD lifetime-free lineup)
Foreign Currency Markup	3.5%
Cash Withdrawal Fee	₹500 (or 2.5%, whichever is higher)
Reward Redemption Fee (cashback)	₹99 per request
Reward Redemption Fee (catalog)	Per BOBCARD standard
Fuel Surcharge	1% (waived on ₹400–₹4,000)
Card Replacement Fee	₹100
Finance Charges	~3.5% per month (per BOBCARD standard MITC)

What Replaces This Card?

The closest current BOBCARD product in this segment is Bobcard Prime:

• Lifetime free (₹0 joining + ₹0 annual)
• 500 RP welcome bonus on ₹5,000 spend in 60 days
• 2 RP per ₹100 on all spends (vs. 1 RP per ₹100 here)
• Cashback at ₹0.20/RP with no redemption fee (vs. ₹0.25/RP with a ₹99 fee here)
• 1% fuel surcharge waiver (₹400–₹5,000, max ₹250/cycle)
• FD-backed guaranteed issuance (₹30,000 FD; no income proof required)

Stronger alternatives depending on your profile:

• Amazon Pay ICICI Credit Card — Lifetime free, 5% back for Prime members on Amazon, 3% on Amazon Pay merchants, 1% elsewhere. No redemption fees.
• Flipkart Axis Bank Credit Card — Lifetime free, 5% unlimited cashback on Flipkart/Myntra/Cleartrip, 4% on preferred merchants, 1.5% on eligible spends.
• HDFC Bank Millennia Credit Card — Lifetime free (with spends), 5% cashback on Amazon/Flipkart/Myntra, 1% on offline, plus quarterly lounge access.
• Axis Bank ACE Credit Card — Lifetime free, 5% cashback on bill payments via Google Pay + 2% on others (no cap).

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For official terms, see the BOBCARD legacy product reference (currently 404 — verified July 2026) and the BOBCARD MITC.

For monetization on the side, apply for the Bobcard Prime Credit Card via CredSutra — CredSutra earns a referral commission on approved cards at no cost to you.