Bank of Baroda Eterna Credit Card Review

Bank of Baroda Eterna Credit Card Review

Some credit cards are exclusively made to live a lavish lifestyle and take advantage of fantastic offers and promotions. They not only assist you in enjoying your credit limit but also earn you discounts and cashback. The Bank of Baroda Eterna Credit Card is one such credit card, with a variety of intriguing incentives and offers. It will provide you with travel perks as well as a fantastic dining experience. You can also take advantage of special offers on shopping and movie tickets.

However, you must remember to check the fees and eligibility requirements before applying for this card. Here is our review of the Bank of Baroda Eterna Credit Card, where we delve deep into the pros, cons, rewards, cashback, and more. We attempt to answer the question of whether you should get one for yourself or not?

Fees and Charges

LabelFees
Joining Fee Rs 2,499 (waived off on spends of over Rs 25,000 within the first 60 days of issuance)
Annual Fee Annual Fee: Rs 2,499 (waived off on spends of over Rs 2.5 lakhs in a year)
Interest rate 3.49% per month (41.88% per annum)

Pros & Cons

Pros
  • When you spend Rs.100 on online shopping, you will receive 15 reward points.
  • A 1% fuel surcharge waiver
  • You will receive 20,000 bonus reward points if your expenses exceed Rs 5 lakh in a year.
  • Up to three free add-on cards are available.
  • As a welcome benefit, you will receive a free 6-month FitpassPro membership worth Rs. 15,000 when you use your Bank of Baroda Eterna Card. This is an excellent feature for fitness enthusiasts.
Cons
  • No access to international airport lounges.
  • When compared to other credit cards in the same segment, the reward value is lower.

Rewards and Cashback

  • When you spend Rs.100 on food expenses, you will receive 15 reward points.
  • 15 points per Rs 100 for international travel spending and online shopping.
  • 3 reward points per Rs 100 spent on all other categories

Who Should get a Bank of Baroda Eterna Credit Card?

You should apply for a Bank of Baroda Eterna card if –

  • You are willing to pay a Rs 2,500 annual fee or can cross the Rs 2.5 lakh spending threshold in a year.
  • You’re looking for a card that will provide you with good rewards, especially on dining and travel expenses.
  • You do not want international airport lounge benefits with your credit card.

Eligibility Criteria

1. Age

  • The primary cardholder should be between the ages of 21 and 65. The Add-on cardholder must be at least 18 years old.

2. Location

  • Resident of India

3. Documents

  • Identification proof: 1. PAN card (Mandatory)
  • 2. Address Proof: Aadhaar Card / Voter ID Card / Passport / Driving License / Utility Bills / Property or Municipal Tax Receipt / Rent Agreement / House Allotment Letter issued by the State or Central Government
  • Proof of Income: Last 2 months’ salary slips plus a bank statement showing salary credits. ITR in the case of self-employed persons.

Ratings and Reviews

Source: Bank of Baroda

  • Cashback and Rewards 4.5/5 The 3.75% return on spend is the most we’ve ever seen on regular online credit card purchases. Solid card if you know what and how you are spending.
  • Fees and charges 4.5/5 The fee waiver is quite appealing, particularly the joining fee, which is not common among premium credit cards. Plus, a Rs 2.5 lakh waiver should be easily obtainable if you plan to maximize spending on this card.
  • Eligibility 3/5 Bank of Baroda Eterna Credit Card is a premium card, which is why the eligibility criteria have been kept in a similar order, For a salaried person, the eligibility is Rs 12 lakhs per annum, which is not commonplace, especially among young jobseekers.
  • Overall 4/5 It’s clearly a fantastic premium credit card offer for those who know how to use it, as the 3.75% return on regular online shopping and food spending in India is one of the highest in the market.

Conclusion

Without a doubt, the Bank of Baroda Eterna credit card is a strong product. If you’re looking for a credit card with a high reward rate, get the Bank of Baroda Eterna and maximize your rewards. This card is especially a good option for those who love to shop online, spend on dining purchases, and spend more than Rs 5 lakhs in a year. On spending Rs 5 lakhs, you can get between 2.5-3.75% return on your spending, which is great for a free (effectively) card.

You can also check out the Bank of Baroda Select credit card as well.

FAQs

What is the unique feature of Bob Eterna credit card?

The Bank of Baroda Eterna is a premium credit card that comes with a slew of perks. Some of the card’s primary benefits include unlimited domestic lounge access, a 2% foreign exchange mark-up fee, and insurance coverage of up to Rs. 1 crore.

How many reward points do customers receive on using Bob Eterna credit card?

When you spend Rs. 100 on travel and overseas expenses with your card, you will get 15 reward points. For every Rs. 100 spent on online shopping, you will receive 15 reward points. Other spends get you 3 points per Rs 100.

What are the benefits of the Eterna Credit Card?

1. You will receive 20,000 bonus reward points if your expenses exceed Rs.5 lakh in a year.
2. Up to three free add-on cards are available.
3. As a welcome benefit, you will receive a free 6-month FitpassPro membership worth Rs. 15,000 when you use your Bank of Baroda Eterna Card. This is an excellent feature for fitness enthusiasts, and there aren’t many credit cards in the same category that provide special fitness advantages.

Is BOB Eterna Credit Card free?

Bank of Baroda Eterna card is essentially free if you can manage to spend Rs 2.5 lakhs in a year for an annual fee waiver.

What is a Bank of Baroda Eterna Credit Card?

Bank of Baroda Eterna Credit Card gives you a variety of options to earn reward points. The credit card is designed with your lifestyle and spending patterns in mind. The credit card has a Rs 2,499 signup fee.

Does the Bank of Baroda Eterna Credit Card come with an EMI option?

Yes, there is an option for smart conversion into EMI for purchases of more than Rs 2,500 on your card. These can be converted into 6-36 month EMIs.

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