BOBCARD Unveils New Cashback Credit Card With Tiered Rewards

BOBCARD (Bank of Baroda’s credit card arm) has launched a fresh cashback credit card aimed at enhancing value for everyday spenders. The new card features a structure where online and digital transactions earn an accelerated cashback rate, while more general purchases earn a base cashback rate. Early details shared in financial forums suggest the card offers 5% cashback on online spends above a certain threshold, and 1% cashback on offline or international transactions. There may also be a minimum monthly spend requirement to unlock the accelerated cashback. The card is expected to carry a nominal fee, though waiver conditions may apply based on usage. In reacting to this launch, market analysts point out that this move strengthens BOBCARD’s portfolio, particularly targeting those who make many digital purchases and want simple cashback benefits without complex reward point systems.