Bank of Baroda’s wholly-owned subsidiary -- BOB Financial Solutions (BFSL) and Nainital Bank have launched Nainital Bank - BoB co-branded Contactless RuPay Credit Card. The card, being launched in the centenary year of Nainital Bank, is designed to reward customers for everyday spend categories like grocery and departmental stores.
Cardholders of Nainital Bank - BoB RuPay Contactless Credit Card will be able to earn 5X i.e. 5 reward points (per Rs. 100 spent) for spends on grocery, departmental stores and movies. For all other spends, cardholders will earn 1 reward point per Rs. 100 spent. In addition, cardholders will also benefit from 1% Fuel Surcharge Waiver on fuel purchases.
The co-branded credit card also offers complimentary Personal Accidental Death insurance. The card is offered at zero joining fee and a nominal annual fee that is waived on spends of Rs. 25,000 per year. To ensure quick and simple acquisition of the co-branded card, customers can apply using a 100% digital process.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.