The Gold X Credit Card from BOB Financial Solutions Limited (BOBCARD) is a beginner-friendly card designed for individuals who want to start their credit journey while enjoying rewards and essential lifestyle perks. It combines affordability with practical features, making it a smart choice for first-time cardholders and those looking for a simple, everyday credit card.
Key Highlights of Gold X Credit Card
- Welcome Benefits
Earn reward points on your first transaction.
Special discounts and offers on select brands and partner platforms.
- Reward Points Program
Collect 1 Reward Point for every ₹100 spent on purchases (excluding fuel).
Redeem points easily for shopping, travel bookings, or gift vouchers via the BOBCARD Rewards Portal.
- Fuel Surcharge Waiver
Get a 1% fuel surcharge waiver at all petrol pumps across India for transactions between ₹400 and ₹5,000.
Maximum waiver limit: ₹500 per billing cycle.
- Secure Transactions
Equipped with EMV chip technology for advanced security.
Safe for both online and offline transactions.
- Cash Withdrawal Option
Facility to withdraw cash from ATMs, both in India and abroad.
- Interest-Free Credit Period
Enjoy up to 50 days of interest-free period on retail purchases if bills are paid on time.
- Worldwide Acceptance
Accepted at millions of merchants and ATMs globally.
Eligibility Criteria
To qualify for the Gold X Credit Card:
Age: Applicant must be between 21 to 65 years.
Income: Should have a stable income source (salaried or self-employed).
Credit Record: A decent financial history improves approval chances.
Documents Required
Identity Proof: Aadhaar Card, PAN Card, or Passport.
Address Proof: Voter ID, Aadhaar, or recent utility bill.
Income Proof: Salary slips, bank statements, or ITR for self-employed individuals.
Fees and Charges
Particulars Charges
Joining Fee ₹500 + GST
Annual Fee ₹500 + GST (waived on annual spends of ₹20,000)
Finance Charges Up to 3.25% per month
Cash Advance Fee 2.5% of the withdrawn amount or minimum ₹300
Late Payment Fee ₹500 – ₹1,250 depending on outstanding balance
Foreign Transaction Fee 3.5% of the transaction amount
Why Choose Gold X Credit Card
- Affordable Annual Fee: Perfect for budget-conscious users.
- Rewards on Every Spend: Earn points for daily expenses and redeem them easily.
- Fuel Savings: Save extra on your fuel expenses with the surcharge waiver.
- Safe Transactions: EMV chip ensures protection against card fraud.
- Global Usability: Accepted internationally, making it travel-friendly.
How to Apply for Gold X Credit Card
You can apply through either of these ways:
Online: Visit the official BOBCARD website, fill in the details, and upload the necessary documents.
Offline: Walk into the nearest Bank of Baroda branch and apply directly with the help of a bank representative.
Smart Tips to Maximize Benefits
- Always pay your credit card bill on time to avoid late fees and interest charges.
- Plan purchases to fully utilize the 50-day interest-free period.
- Track and redeem your reward points regularly.
- Spend ₹20,000 or more annually to get your annual fee waived.
- Avoid cash withdrawals unless absolutely necessary to save on fees.
Conclusion
The BOBCARD Gold X Credit Card is a solid option for beginners who want a reliable, low-cost credit card. It offers essential benefits like a reward program, fuel savings, and secure transactions, making it a well-rounded choice for everyday use. If you are just starting to build your credit profile or need a straightforward card with useful features, Gold X is worth considering.
FAQs
Q1. What is the joining fee for the Gold X Credit Card?
The joining fee is ₹500 + GST.
Q2. Can I get the annual fee waived?
Yes, the annual fee is waived if your total yearly spends are ₹20,000 or more.
Q3. Does this card include complimentary airport lounge access?
No, this is a basic-level card and does not come with lounge access.
Q4. How can I redeem my earned reward points?
Reward points can be redeemed through the BOBCARD Rewards Portal for a variety of products and services.
Q5. Is this card valid for international use?
Yes, it can be used globally wherever VISA or Mastercard is accepted.
