Bank of Baroda and Mastercard has Launched 4 New Credit Cards
Last Updated : Oct. 1, 2020, 2:06 p.m.
In order to bring the spending habits of the individuals back on the track, Bank of Baroda and Mastercard has launched 4 new credit cards. You can explore all these credit cards and see how their offer can help you to save some extra bucks on your expenditure. Among the 4 credit cards, two credit cards are for the Chartered Accountants and Cost Accountants of India. These credit cards are launched on the 29 th of September 2020. You can apply for these cards online or can visit your nearest Bank of Baroda Branch. So, you must take look at the features and benefits of all these cards.
4 Cards Launched by Bank of Baroda
All four credit cards are unique in their own way. They have exciting deals and all of them are branded by Mastercard.
Eterna Credit Card
This credit card will fulfill the needs of the NBFC’s affluent customers and it comes under the Mastercard Program. So, you will enjoy all the benefits that come under the Mastercard program. This credit card will be offered to the customers who are a part of the Radiance Program of Bank of Baroda and as well as to customers within or outside Bank of Baroda.
Swavlamban Credit Card
This card will be given through a special invitation only. It is basically meant for low-income groups. This credit card is meant for the low-income employees of the corporate and SMEs that have a banking relationship with the Bank of Baroda. On the other hand, this credit card will be given through an invitation-only in the initial phase.
Co-Branded Credit Cards
There are two credit cards that are launched in the collaboration with the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India. These co-branded credit cards will only be given to the Chartered Accountants and Cost Accountants. A normal individual is not eligible to apply for this credit card.
Benefits of these 4 Variants of Credit Cards
These credit cards are launched to maintain a healthy relationship between Mastercard and BFSL and continue their 25 years partnership. You can see the combine benefits of these credit cards below:-
Shopping Benefits
You will enjoy exciting offers on online transactions. There will be Cashback and discounts on the online bill payment and dining.
Travelling Benefits
The cardholder will enjoy free visits to the Airport Lounges through these credit cards. In Airport Lounges, you can relax and enjoy healthy meals. The foreign mark-up fees of these credit cards are reduced to 2% only.
Reward Points and Cashback
Earn reward points on your first transaction done within a specified period of time from the date of the credit card issuance. On the other hand, there will be certain milestones that you will have to achieve in order to earn more cashbacks and reward points.
Welcome offer
You will receive a welcome gift worth ₹15000 on the selected products. You can use this gift to buy your favorite products.
Insurance Benefits
You can enjoy insurance benefits as well in the newly launched credit cards. There will be a Personal Accident Death cover whether Air or Non-Air in this credit card.
Conclusion
You have seen that the Bank of Baroda and Mastercard has Launched 4 New Credit Cards and understood their features and benefits. So you can apply for these credit cards online. The benefits of these cards might have amazed you so you can get the suitable card as per your requirement. These cards are launched on the 29 th of September 2020.