Bank of India: Better Rewards on All Debit cards (0.46%)

[kjs]

Keep/Open BoI acc. DC charges will be 250+45 GST = 295. Till June, 2024 there were no charges of Classic RuPay card but now it is chargeable. Now they have min. 295 for DC except Yuva accounts which is for 18-28 age and has 118 as DC charges.

But better go with SBI and have virtual card as that will give you 0.50% returns with every 200 you spend. Or IDFC First which can give you 1.25% if you have more than 1L to pay. But IDFC pts can't be redeemed for cash but you can do recharges mobile,dth etc. SBI pts can be used for CC bill payment which is more effective.

Somewhere in this topic forum i read the offer with SBI 0.5% on using debit card is campaign based ? Actually i am specifically looking for PSU bank as i have other pvt banks account like hdfc , ICICI ,KOTAK.

 

[6ix9ine]

Somewhere in this topic forum i read the offer with SBI 0.5% on using debit card is campaign based ? Actually i am specifically looking for PSU bank as i have other pvt banks account like hdfc , ICICI ,KOTAK.

Without campaign SBI DC rewards are as follows:

- Physical -> 0.25%
- Virtual -> 0.50%

 

[kjs]

So as per this should I open account in SBI & not in BOI ? or any other option in PSU. It will be my spending account mainly linked to UPI. I thought of BOI as SBI & BOB already we have at home . so just in case of some offers

 

[6ix9ine]

So as per this should I open account in SBI & not in BOI ? or any other option in PSU. It will be my spending account mainly linked to UPI. I thought of BOI as SBI & BOB already we have at home . so just in case of some offers

You can go with the BOI, if you don't have that at home.