Bank of Baroda ICSI Diamond Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Receive a generous welcome reward of 1,000 bonus Reward Points. Enjoy a complimentary 6 months membership of Fit pass Pro. Earn up to 5 Reward Points for every Rs. 100 you spend. Gain free access to domestic lounges each year. Experience a minimal forex markup fee of only 2%. Receive air accidental covers valued at Rs. 15 lakhs. Receive an additional 999 bonus Rewards every month. Accumulate 3,999 bonus rewards every quarter as milestone benefits. Enjoy a 1% waiver on fuel surcharges for all fuel spends.

The Bank of Baroda ICSI Diamond Credit Card is a great choice for individuals who enjoy traveling and shopping.

This credit card comes with a variety of benefits and features that make it a suitable option for those seeking convenience and rewards.

One of the key advantages of this credit card is that it has a joining fee of Nil and a renewal fee of Nil.

This means that cardholders do not have to worry about paying any additional charges just to maintain their credit card membership.

In terms of rewards, the Bank of Baroda ICSI Diamond Credit Card offers Reward Points as its reward type.

Cardholders can earn 1 Reward Point on every spend of Rs. 100 and enjoy 5x Rewards on utility bills, dining, and online purchases.

Additionally, new cardholders receive a welcome benefit of a free Fit Pass Pro membership for 6 months and 1,000 bonus Reward Points.

When it comes to travel benefits, this credit card offers free domestic lounge access every year, allowing cardholders to enjoy a comfortable experience while waiting for their flight.

Moreover, customers can also benefit from 12 complimentary domestic lounge access every year (3 per quarter).

For individuals concerned about their safety, the Bank of Baroda ICSI Diamond Credit Card provides an accidental insurance cover worth Rs. 15 lakhs and a non-air accident cover worth Rs. 5 lakhs.

These insurance benefits offer peace of mind while using the card for various transactions.

There is a 2% foreign currency markup on the total transaction amount, which may be a downside for those who frequently make international purchases.

However, this fee is comparable to other credit cards in the market.

The interest rate for this credit card stands at 3.49% per month, which is competitive in the industry.

The fuel surcharge is also reasonable, with a 1% fuel surcharge waiver on all fuel spends between Rs. 400 and Rs. 5,000.

In terms of cash advance fees, customers should be aware that a charge of 2.5% (3% at international ATMs) of the withdrawn amount, subject to a minimum of Rs. 300, will apply.

To sum up, the Bank of Baroda ICSI Diamond Credit Card offers a range of benefits, including a Nil joining fee and renewal fee, travel and shopping rewards, lounge access, and insurance coverage.

While there are small fees associated with foreign currency transactions and cash advances, the overall features make it a valuable credit card option for frequent travelers and shoppers.