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Bank of India RuPay Star Lakshmi Credit Card

✍️ Fact-checked by Parash Editorial • 🔄 Updated May 2026
Bank of India RuPay Premium

Join / Annual

₹0/₹500

Base Rate

2.0%

Reward Type

Points

Overview

The Bank of India RuPay Star Lakshmi Credit Card is a Premium credit card issued by Bank of India on the RuPay network. It offers a base reward rate of 2.0% on all spends, with rewards issued as Points(1 pt = ₹0.25).

Annual Fee: ₹500
Eligibility: Exclusively for women aged 21+ with a regular income and good credit history. Both Indian residents and NRIs are eligible.

Reward Rates & Cashback Rules

  • CATEGORY – All Spends: 2.0% cashback | monthly cap ₹2500.0 ⚠️ A maximum of 10,000 reward points can be earned per month. Excludes Fuel, Rent, Wallet Loads, EMI, and UPI transactions of ₹2000 or less.
  • CATEGORY – UPI: 0.0% cashback ⚠️ UPI transactions of ₹2,000 or less are not eligible for reward points.
  • CATEGORY – Fuel: 0.0% cashback
  • CATEGORY – Rent: 0.0% cashback
  • CATEGORY – Wallet Load: 0.0% cashback
  • CATEGORY – EMI: 0.0% cashback

Key Features & Benefits

  • Domestic Lounge Access ✈️: 2 complimentary domestic lounge visits per quarter.
  • International Lounge Access ✈️: 2 complimentary international lounge visits per year.
  • Annual OTT Subscription 📺: Complimentary annual subscription to Sony LIV, Amazon Prime, or Hotstar.
  • Quarterly Spa Benefit 💆‍♀️: Free service at O2 Spa up to ₹2,000 once per quarter.
  • Quarterly Salon Voucher 💅: Lakmé Salon e-gift card worth ₹1,500 once per quarter.
  • Annual Health Check-up 🩺: Complimentary annual health check-up including Pap Smear, blood test, and Mammography at SRL or Agilus Diagnostics.
  • Insurance Cover 🛡️: Personal accident and permanent disability insurance cover of up to ₹2 Lakhs, provided by RuPay.
  • Concierge Services 🛎️: 24/7 concierge services for travel, dining, and other assistance.

Eligibility Criteria

Exclusively for women aged 21+ with a regular income and good credit history. Both Indian residents and NRIs are eligible.

Features & Benefits

✈️

Domestic Lounge Access

2 complimentary domestic lounge visits per quarter.

✈️

International Lounge Access

2 complimentary international lounge visits per year.

📺

Annual OTT Subscription

Complimentary annual subscription to Sony LIV, Amazon Prime, or Hotstar.

💆‍♀️

Quarterly Spa Benefit

Free service at O2 Spa up to ₹2,000 once per quarter.

💅

Quarterly Salon Voucher

Lakmé Salon e-gift card worth ₹1,500 once per quarter.

🩺

Annual Health Check-up

Complimentary annual health check-up including Pap Smear, blood test, and Mammography at SRL or Agilus Diagnostics.

🛡️

Insurance Cover

Personal accident and permanent disability insurance cover of up to ₹2 Lakhs, provided by RuPay.

🛎️

Concierge Services

24/7 concierge services for travel, dining, and other assistance.

Cashback Engine Rules

The exact calculator logic parameters extracted from the terms & conditions.

All Spends
Reward: 2.0% Monthly Cap: ₹2500.0
⚠️ Exceptions: A maximum of 10,000 reward points can be earned per month. Excludes Fuel, Rent, Wallet Loads, EMI, and UPI transactions of ₹2000 or less.
2%
UPI Exclusion
⚠️ Exceptions: UPI transactions of ₹2,000 or less are not eligible for reward points.
Fuel Exclusion
Rent Exclusion
Wallet Load Exclusion
EMI Exclusion

Value Chart

Assuming basic spends for Bank of India RuPay Star Lakshmi Credit Card

Category Bank of India RuPay Star Lakshmi Credit Card Axis Bank Atlas Credit Card Miles & More World Select Credit Card BOBCARD Eterna Credit Card
₹
Joining Fee 		₹0 ₹0 ₹0 ₹0
₹
Annual Fee 		₹500 ₹5000 ₹4500 ₹2499
🌍
Forex Markup 		3.5% 3.5% 3.5% 3.5%
%
Base Rate 		2.0% 2.0% 3.0% 3.0%
★
Known Rules 		6 rules 11 rules 9 rules 10 rules

Pros & Cons

✓

Pros

  • + All Spends — 2.0% Points (cap ₹2500.0)
  • + Domestic Lounge Access
  • + International Lounge Access
  • + Annual OTT Subscription
  • + Quarterly Spa Benefit
✗

Cons

  • − No reward on UPI — UPI transactions of ₹2,000 or less are not eligible for rewa
  • − No reward on Fuel
  • − No reward on Rent
  • − No reward on Wallet Load
  • −Forex markup of 3.5% on international spends

Our Verdict

₹ Real Value Calculation (assumed ₹3L/year spend)

Est. Annual Rewards

₹6000

Annual Fee

₹500

Net Value

+₹5500

✅ At ₹3L/year spend, base rewards alone cover the fee. Additional benefits like lounge access add further value.

👍 Best For

  • › High spenders who can offset the annual fee through rewards
  • › Frequent flyers who value unlimited airport lounge access
  • › Travellers who use hotel & lifestyle benefits regularly

👎 Not Worth It If…

  • › You spend heavily in foreign currency — 3.5% markup adds up fast
  • › You rarely use premium benefits like lounges or concierge
  • › You prefer a no-annual-fee card with simpler terms

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Frequently Asked

You earn 2 Loyalty Reward Points for every ₹100 spent on most transactions. With a point value of ₹0.25, this translates to an effective reward rate of 0.50%. A maximum of 10,000 points can be earned per month.

The card has no joining fee but comes with an annual fee of ₹500. There are no spending-based waiver conditions mentioned.

This card, designed for women, offers complimentary domestic and international lounge access, an annual OTT subscription, quarterly spa and salon vouchers, and an annual health check-up.

Yes, the card is accepted globally on the RuPay network. It has a relatively low foreign currency markup fee of 2%.

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