Overview
The BOBCARD ICMAI One Credit Card is a Mid credit card issued by BOBCARD on the Visa network. It offers a base reward rate of 1.0% on all spends, with rewards issued as Points(1 pt = ₹0.25).
Annual Fee: Lifetime Free
Eligibility: Min. income ₹3.6L (Salaried) or ₹3L (Self-Employed), for ICMAI members aged 21-75.
Reward Rates & Cashback Rules
- CATEGORY – Dining: 5.0% cashback | monthly cap ₹250.0 ⚠️ Cap of 1,000 points (₹250) is shared across Dining, Online, and Utility spends. Spends beyond this limit earn 1 point per ₹100.
- ALL_ONLINE: 5.0% cashback | monthly cap ₹250.0 ⚠️ Cap of 1,000 points (₹250) is shared across Dining, Online, and Utility spends. Spends beyond this limit earn 1 point per ₹100.
- CATEGORY – Utilities: 5.0% cashback | monthly cap ₹250.0 ⚠️ Cap of 1,000 points (₹250) is shared across Dining, Online, and Utility spends. Spends beyond this limit earn 1 point per ₹100. Certain utility MCCs are excluded from earning points.
- CATEGORY – Fuel: 0.0% cashback
- CATEGORY – Wallet Load: 0.0% cashback
- CATEGORY – Rent: 0.0% cashback
- CATEGORY – Insurance: 0.0% cashback
- CATEGORY – Government Services: 0.0% cashback
Key Features & Benefits
- Domestic Lounge Access ✈️: 12 complimentary domestic airport lounge visits per year (3 per quarter), subject to spending ₹40,000 in the previous quarter.
- Fuel Surcharge Waiver ⛽: 1% fuel surcharge waiver on transactions between ₹400 - ₹5,000, capped at ₹250 per statement cycle.
- Welcome Benefit 🎁: Complimentary 6-month FitPass Pro membership worth ₹15,000.
- Activation Benefit ✨: 1,000 bonus Reward Points (worth ₹250) on first transaction within 30 days of card issuance.
- Milestone Benefits 🏆: Earn 1,000 bonus points for 5 transactions >₹1,000 in a month. Earn 4,000 bonus points quarterly for spending over ₹1 Lakh or your credit limit.
- Insurance Cover 🛡️: Comprehensive insurance including Professional Indemnity (₹5 Lakhs), Air Accident (₹15 Lakhs), and Non-Air Accident (₹5 Lakhs) cover.