Digital payments are growing rapidly these days, and people are using online payments for everything from groceries to electricity and water bills, travel, shopping, and entertainment. In response to this growing trend, BOBCARD Limited has launched its new Cashback Credit Card, aimed at providing customers with direct savings on their daily expenses. The company states that the card’s purpose is to transform everyday expenses into rewards, allowing customers to earn benefits on every transaction.
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Card available for ₹49
The BOBCARD Cashback Credit Card is being issued for a monthly fee of ₹49 or an annual fee of ₹499. The card’s cashback structure is simple, offering a flat 5% cashback on online purchases and 1% on all other expenses. This model is particularly useful for consumers who regularly use digital payments and want to receive direct benefits from every transaction.
Fuel Surcharge Waiver and EMI Facility
Cardholders will also receive a 1% fuel station surcharge waiver. Smart EMI is also available, allowing customers to convert their expenses into EMIs with tenures ranging from 6 months to 48 months. This makes it easier to manage large or unexpected expenses.
Cashback Categories Will Be Available?
The company has broadened the scope of cashback so that users can save on almost every payment in their daily lives. This cashback will be applicable on supermarkets, grocery stores, online shopping websites, restaurants, fuel pumps, cab services, metro and bus fares, electricity and water bills, pharmacies, OTT platforms, school and tuition fees, and general retail purchases.
This makes this card extremely useful for those whose payments are spread across various categories.
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How to Apply and Activate the Card
The application process for the BOBCARD Cashback Credit Card is completely digital. On the company’s DIY platform, customers can complete the application online without any physical documentation. Once the card is received, it can be easily activated within 30 days on the BOBCARD mobile app or website.
Cardholders can also easily manage their statements, bill payments, transaction history, and other service requests through the app.
