All BOB Credit Cards devaluation alert

[TechnoFinoTechnoFino is verified member.]

Effective from 15th November, 2022 BOB Financial going to change its reward system for all bob credit cards.
You'll earn 50% less reward for all spends done on special categories.



MCC codes of all special categories are listed below-


Major categories that are excluded-
Rent, utility bill payment, educational fees payment, government fees payment, insurance, supermarket etc.
This is really horrible!

 

[lhgeek]

Seems to me like Bob Financial did a simple data analysis of spends/rewards for each MCC across all their cards and came up with this list to improve their profitability.

 

[lhgeek]

Applied for the card online, after a week status said VKYC to be done on link sent by email. I had not got any link. Wrote to them EVERYWHERE. All reply was please check the link sent - I reply not received - same reply. After a month i get a mail saying since my details are already there in CKYC, I need not do VKYC. Then random day I get sms that card approved. Thats all.

Is your eterna card LTF or paid ?

 

[Copycat]

Yes bob card has been removed from hdfc bill pay

Paid about 4 days ago on HDFC BillPay. Select, Visa variant. The payment credit was so fast the BOB payment SMS arrived before the HDFC debit SMS!

 

[pradeepG]

I recently got rupay premier for upcoming credit card upi 😶

Rupay Card UPIs have no major benefits as it doesnt work on majority of our neighbourhood UPI QR vendors, works only at major outlets.

 

[bugmenot]

Rupay Card UPIs have no major benefits as it doesnt work on majority of our neighbourhood UPI QR vendors, works only at major outlets.

It will work only on P2A/P2M transactions not on P2P/P2PM

 

[ashwinsid]

Just double checking, if I do not activate the BOB Eterna card that I received 2 weeks ago, automatically it will get cancelled right? Or will I get charged the joining fees regardless? (considering how BOB customer care works, wont be surprised)

 

[Batmanbaba]

Just double checking, if I do not activate the BOB Eterna card that I received 2 weeks ago, automatically it will get cancelled right? Or will I get charged the joining fees regardless? (considering how BOB customer care works, wont be surprised)

As per new rbi rules it will be closed without any charges...if u dont activate it in 30 days. But it will enter your cibil... So expect cibil dropping due to closing of card...

 

[nikhil238]

what will be the cashback rate on wallet load like paytm, mobikwik etc. ?

 

[Rahul Gupta]

what will be the cashback rate on wallet load like paytm, mobikwik etc. ?

Its 3.3% but there is a upper capping now.

 

[hks789]

Just double checking, if I do not activate the BOB Eterna card that I received 2 weeks ago, automatically it will get cancelled right? Or will I get charged the joining fees regardless? (considering how BOB customer care works, wont be surprised)

You can easily make it first year free by spending 25k in first 60 days. By spending 50k you will get 10k points worth 2500₹. Spend these and redeem points before Nov 15th 2022.
I got my card last month and I did the same. I made around 5k with the card and made it free for first year.

If needed cancel it before first year ends.

 

[ujjawal]

You can easily make it first year free by spending 25k in first 60 days. By spending 50k you will get 10k points worth 2500₹. Spend these and redeem points before Nov 15th 2022.
I got my card last month and I did the same. I made around 5k with the card and made it free for first year.

If needed cancel it before first year ends.

When did you get 10K points for spending 50K? After statement generated or immediately after spending 50K?

 

[hks789]

When did you get 10K points for spending 50K? After statement generated or immediately after spending 50K?

10k bonus I haven't received it yet. As per the t&c, it will be issued within 30 days after the promotion ends.
Normal points I was able to redeem after the transactions got settled. I got 5x points this month as well

 

[ujjawal]

10k bonus I haven't received it yet. As per the t&c, it will be issued within 30 days after the promotion ends.
Normal points I was able to redeem after the transactions got settled. I got 5x points this month as well
View attachment 6472

ok, thanks for the details.

 

[nikhil238]

Its 3.3% but there is a upper capping now.

upper capping i.e 5000 point max?

 

[Rahul Gupta]

upper capping i.e 5000 point max?

yes

 

[skywalker]

What exactly is changing for Premier CC? Got it recently. Is it gonna be useless now or can I still keep it 😪

 

[brahmin_baniya]

Guys i have been issued a bob premier rupay card ,i didn't apply for the card but i got it .i have emailed them and in reply they say that is it life time free but on booklet it says there is a charge of 1000 rs if i not spend 10000 rs in 2 months .

What should i do and how should i found out that it is lifetime free or not? ,I don't trust the bank.

 

[Pujaari]

Guys i have been issued a bob premier rupay card ,i didn't apply for the card but i got it .i have emailed them and in reply they say that is it life time free but on booklet it says there is a charge of 1000 rs if i not spend 10000 rs in 2 months .

What should i do and how should i found out that it is lifetime free or not? ,I don't trust the bank.

Just write to escalations@bobfinancial.com explaining the same. You will get a confirmation from them and then you can decide whether to keep the card or not. In all probability it's lifetime free. I too applied when their lifetime free offer was on but got the same booklet info(info is outdated). Just get a confirmation from BOB and use without worry.

 

[Pujaari]

What exactly is changing for Premier CC? Got it recently. Is it gonna be useless now or can I still keep it 😪

Have no clue but just applied for it being a rupay credit card(down the line the upi will be activated and the offers) BOB is fairly active with offers lately plus lifetime free so nothing to lose. Though eterna has been downgraded but who knows maybe they offer a lifetimefree upgrade to it later on..

 

[skywalker]

Have no clue but just applied for it being a rupay credit card(down the line the upi will be activated and the offers) BOB is fairly active with offers lately plus lifetime free so nothing to lose. Though eterna has been downgraded but who knows maybe they offer a lifetimefree upgrade to it later on..

Is the LTF offer still going on for BOB cards?