Earn Steady Rewards with the Bank of Baroda ICSI Diamond Credit Card

Bio

Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.

9 Mar 26
4 mins

Shreyansh Singh

08 Mins
09-03-26

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Table of Contents

Bank of Baroda ICSI Diamond Credit Card Benefits
BOB ICSI Diamond Credit Card Charges
BOBCARD ICSI Diamond Eligibility

A lifetime free credit card with 2% reduced forex markup.
Earn 5 reward points per ₹100 retail spending.
Get 12 complimentary lounge visits every year.
Receive ₹15 lakh air accident insurance coverage.

The Bank of Baroda ICSI Diamond Credit Card is designed exclusively for members of The Institute of Company Secretaries of India. This lifetime free card has no joining or annual fee and includes a reduced forex markup of 2% for international spending.

Cardholders earn 5 reward points for every ₹100 spent on retail and online purchases. They also earn 1 reward point for every ₹100 spent on other eligible transactions. This helps maintain steady reward earnings.

To learn more about what this credit card has to offer, continue reading!

Bank of Baroda ICSI Diamond Credit Card Benefits

Start your rewards journey by earning 500 reward points when you spend ₹5,000 within the first 60 days of card issuance. You can also earn 3,999 additional reward points every quarter when your spending crosses ₹1 lakh or reaches the approved credit limit.

Along with these milestone rewards, the card offers several travel, lifestyle, and protection benefits, which are:

Travel Privileges

Enjoy comfortable travel with 12 complimentary domestic airport lounge visits each year, limited to 3 visits per quarter.

Fitness Benefits

Receive a complimentary 6-month FITPASS Pro membership worth about ₹15,000. This benefit gives access to fitness centres and wellness services across multiple locations.

Fuel Savings

Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 across India. Reward points do not apply to fuel purchases.

Insurance Protection

The card includes professional indemnity cover up to ₹5 lakh, along with accidental death cover of ₹15 lakh for air incidents and ₹5 lakh for non-air incidents.

BOB ICSI Diamond Credit Card Charges

The BOB ICSI Diamond Credit Card applies finance charges of 3.75% monthly, i.e., 45% per annum. The table below highlights some other important applicable charges for easy reference:

Parameters	Charges
Card Replacement Charges	₹100
Cheque Dishonour Charges	2% or min. ₹500
Overlimit Charges	2.5% or ₹600 (whichever is higher)
Cash Withdrawal Charges	2.5% or ₹500 (whichever is higher)
Late Payment Charges	Less than 100 is NIL.For amounts ranging from ₹100 to ₹50,000 and above, it ranges between ₹100 and ₹1300.

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BOBCARD ICSI Diamond Eligibility

The Bank of Baroda ICSI Diamond Credit Card eligibility criteria include:

Applicants must be Indian residents and active members of ICSI aged between 21 and 75 years.
Minimum annual income requirements start from ₹3.6 lakh for salaried Bank of Baroda customers and ₹3 lakh for self-employed customers.
Applicants need to submit KYC documents, PAN card, ICSI membership proof, income documents, address proof, and a recent passport-size photograph.

After your card is issued, keep your payments on track with timely credit card bill payment reminders on the Pice app. You can clear dues quickly and monitor your payment status safely!

Footnotes

Complimentary domestic lounge access is available after spending ₹40,000 in the previous calendar quarter.
Reward points earned on eligible transactions can be redeemed as cashback at a value of ₹0.25 per point.

FAQs

What is the Bank of Baroda ICSI Diamond Credit Card application process?

You can apply for the BOB ICSI Diamond Credit Card online through the official BOBCARD website by completing the application form and submitting the required documents. You may also visit the nearest Bank of Baroda branch to apply offline.

Are there limits on accelerated reward earnings?

The accelerated 5X reward earnings are capped at 1,000 reward points per statement cycle on eligible spending categories. Any additional spending in these categories earns reward points at the standard rate.

How long do reward points and FITPASS benefits remain valid?

Reward points remain valid for 24 months from the date they are earned. Unused points automatically expire after this period. The complimentary FITPASS Pro membership stays valid for 60 days from card issuance and applies only to the primary cardholder.