BOB ICAI Exclusive Credit Card: Exclusively Designed for ICAI Members

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.

  • 10 Mar 26
  • 4 mins
bob icai exclusive credit card

BOB ICAI Exclusive Credit Card: Exclusively Designed for ICAI Members

avatar of shreyansh singh
avatar of shreyansh singh Shreyansh Singh
  • 08 Mins
  • 10-03-26

Key Takeaways

  • Get 1% fuel surcharge waiver of up to ₹250 on all fuel spends.
  • Cardholders can also earn 500 reward points by spending at least ₹5,000.
  • This card attracts a reduced foreign exchange charge of 2%.
  • The card replacement fee is ₹100.

The BOB ICAI Exclusive credit card provides access to world-class privileges and maximum savings opportunities. It offers accelerated rewards on routine spends like electricity bills and weekend dining. Being a combination of premium privileges and zero joining/annual charges, this card is a valuable addition to your wallet. 

Wondering, what’s more? Keep reading!

What are the BOB ICAI Exclusive Credit Card Benefits? 

BOB ICAI Exclusive Credit Card Benefits

One of the most exciting BOB ICAI Exclusive credit card benefits is that users can earn 5X rewards on every ₹100 spent online or on dining/ utility bills. Additionally, the card offers: 

  • Base Rewards

For transactions that are ineligible for accelerated rewards, you will earn 1 reward point for every ₹100. For example, UPI transactions do not qualify for 5X earnings. Therefore, they only attract base rewards. 

  • Travel Benefits

Elevate your air travel experiences with 12 complimentary domestic BOB ICAI Exclusive credit card lounge access. To be eligible, spend at least ₹40,000 in the preceding quarter to get 3 complimentary lounge visits in the next calendar quarter. Also, since this card attracts a reduced foreign exchange charge of 2%, it is ideal for all your international trips. 

  • Welcome Benefit

Keep your health in check with complimentary access to more than 2,500 premium fitness studios and gyms. You will receive ₹15,000 worth of complimentary Fitpass Pro Membership for 6 months, once your card is activated. 

In addition to this, cardholders can also earn 500 reward points by spending at least ₹5,000 within 60 days of card issuance.

  • Milestone Benefit

Reach your maximum credit limit or ₹1,00,000 (whichever is higher) in a quarter, to earn 4,000 additional reward points as a milestone bonus. 

  • Insurance Coverage

This card is built with complementary insurance coverage options. Users can get up to ₹5,00,000 as Professional Indemnity Insurance cover, ₹15,00,000 as air accident death cover and ₹5,00,000 as non-air accident death cover. 

Note

  • Accelerate rewards are capped at 1,000 per month. 
  • For cashback redemption, 1 reward point equates to ₹0.25. 

What are the BOB ICAI Exclusive Credit Card Features? 

With exclusive perks, the BOB ICAI Exclusive credit card also includes all those features that are common for most BOB credit cards. Take a look at some of them: 

  • Smart EMI Conversion: Convert all purchases of ₹2,500 and more into easy EMIs options ranging from 6 to 48 months. 
  • Fuel Surcharge Waiver: Get 1% fuel surcharge waiver of up to ₹250 on all fuel spends between ₹400 and ₹5,000. 
  • Complimentary Add-on Card: Apply for up to 3 lifetime free add-on cards for your adult family members. 

💡Enjoying these exclusive BOB ICAI perks? Don’t forget to manage your payments just as smartly. With the Pice app, you can track your credit card dues, receive timely reminders, and make secure payments in just a few taps!

What are the BOB ICAI Exclusive Credit Card Fees? 

Though the BOB ICAI Exclusive credit card is a lifetime free option, it is subject to other charges and penalties. Here are some of them: 

TypeCharges
Finance Charges3.75% per month, 45% per annum
Duplicate Bill Fee₹50
Cash Processing Fee₹250
Cheque Processing Fee₹100
Overlimit Fee2.5% or ₹600 (whichever is higher)
Card Replacement Fee₹100
Cash Withdrawal Fee2.5% or ₹500 (whichever is higher)
Late Payment ChargesLess than ₹100: NIL ₹100 to ₹500: ₹100 ₹501 to ₹1,000: ₹400 ₹1,001 to ₹10,000: ₹750 ₹10,001 to ₹25,000: ₹950 ₹25,001 to ₹50,000: ₹1,100 More than ₹50,000: ₹1,300

What is the BOB ICAI Exclusive Credit Card Eligibility Criteria? 

To apply for the BOB ICAI Exclusive credit card, active ICAI members must be: 

  • Indian
  • Aged 21 and 75 years
  • Either salaried (₹3,60,000 annually) or self-employed (₹3,00,000 annually). 
  • Having a good credit history and score of 700+.

Documents required for application: 

  • KYC documents 
  • PAN card photocopy 
  • Photocopy of ICAI membership card 
  • Latest salary slip/ ITR 
  • Current residence proof 
  • 1 passport-size photograph. 

💡Since you are planning to have multiple credit cards, experience smarter money management by consolidating your cards and paying your bills on time using the Pice App’s easy platform.

Footnotes

  • If you already have another credit card, ensure to attach its scanned copy along with the latest statement.

FAQs

How long does BOB ICAI Exclusive credit card processing take?

Once applied, the BOB ICAI Exclusive credit card processing takes around 7 to 10 working days.

What to do if I lose my BOB ICAI Exclusive credit card?

In case of loss or theft, ensure to dial 1800 2090 and 1800 1210 immediately to report. Once reported, you will bear zero liability for fraudulent transactions.
About the author
Shreyansh Singh

Shreyansh Singh

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.

by Sandipan Mitra

Key Takeaways Annual fee ₹2,499 with milestone waiver benefits. Unlimited...
  • 10-03-26
  • 6 mins
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