Bank of Baroda announces a set of changes to its credit cards from 1 April onwards

Bank of Baroda has introduced a number of changes to its credit cards. These changes would come into force from 1 April 2026.

The changes relate to reward points (RPs) earned and charges levied on payments made via credit cards across various categories. The reward points and charges vary based on the credit card used and the amount spent.

Here, we list out the details with regard to the changes that are being introduced in Bank of Baroda's credit cards:

All BOBCARD variants: Spends on Telecom (MCC 4814) will now earn core reward points. See the picture below for Core reward points by product variant.

Empower Business Credit Card: Cardholder will now earn 5X Reward points, i.e. 5 reward points for every ₹100 spent on Utility (MCC 4900), subject to a maximum of 1000 reward points per statement Cycle.

Corporate Premium Credit Card: Cash withdrawal Limit for Corporate Cards will be reduced from the existing 40% of the Card limit to 20% of the credit limit.

Changes in charges

Education fee payments: A 1 per cent fee (subject to a maximum of ₹5000 per transaction) will be charged on online education fee payments via third-party payment apps - Cheq, CRED, Ease My Deal, Mobikwik, NoBroker, Paytm, Phonepe, SuperPe.

Toll and bus: A flat 1% fee will be charged on all Toll & Bus (MCC 4784) transactions where the transaction amount is ₹5000 or more.

Railway bookings: 1% fee (subject to a maximum of ₹5000 per transaction) will be charged on railway bookings (MCC 4112) of ₹30,000 or higher.

Disclaimer: MintMoney has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. MintMoney does not promote or encourage taking credit, as it comes with a set of risks, such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.

To apply for credit cards, visit here