BOB Credit Card Reward Points Value in Rupees 2026

Key Takeaways

• 1 RP = ₹0.25 on BOBCARD Eterna and Tiara - the highest redemption value in the BOBCARD portfolio. Redeemable as statement credit, cashback, or product redemption.

• 1 RP = ₹0.20 on BOBCARD Select and Easy - lower value per point but the same 5X accelerated earn structure in their respective categories.

• BOBCARD Cashback works differently - it earns cashback directly, not reward points. The 5% on online spends and 1% on other spends auto-credits to your statement. No redemption required.

• Etihad cards earn Etihad Guest Miles, not RP - 6 miles per ₹100 on Etihad flights (Premium), 2 miles elsewhere. Miles are credited to your Etihad Guest account and redeemed on the Etihad platform.

• Reward points on Eterna and Tiara never expire - they are evergreen. There is no time pressure to redeem.

• Minimum redemption on most BOBCARD cards is 1,000 RP = ₹250 (for Eterna/Tiara). Smaller balances cannot be redeemed.

What Is 1 Reward Point Worth? Card-by-Card Breakdown

The rupee value of 1 reward point varies across the BOBCARD portfolio. This is the number most cardholders never look up - and it determines the true return on every rupee spent.

Source: BOBCARD MITC Ver 19 (effective April 2026) | bobcard.co.in | Last verified: May 2026

Why the ₹0.25 vs ₹0.20 difference matters: on 10,000 reward points, the Eterna and Tiara holder gets ₹2,500. The Select or Easy holder gets ₹2,000. Over a year of active card spend, this ₹500 difference compounds - it is the direct result of the card's tier positioning and the fee you pay.

How Reward Points Are Calculated on Each BOBCARD

Understanding how points accumulate is as important as knowing their value. Each BOBCARD card has a different earn rate, and not all transactions qualify.

Source: BOBCARD MITC Ver 19 (effective April 2026) | bobcard.co.in | Last verified: May 2026

Transactions that earn zero reward points across all BOBCARD cards: fuel purchases, supermarkets and grocery chains, rent payments, wallet loading, insurance premiums, education fees, hospital and medical payments, government service payments, and cash withdrawals.

5X cap on Select and Easy: the accelerated 5 RP per ₹100 rate is capped at 1,000 RP per statement month. The cap is hit at ₹20,000 in combined accelerated-category spend per month. Beyond this, all spend earns at 1 RP per ₹100.

Redemption Options: Where You Can Spend Your Points

BOBCARD reward points (Eterna and Tiara) can be redeemed through the BOBCARD portal at portal.bobcard.co.in. The primary redemption options are:

Statement Credit (Cashback)

The most straightforward redemption. Points are applied directly as a credit to your outstanding statement balance, reducing the amount you owe. This is the cleanest way to convert reward points to rupees - no product selection, no portal browsing.

Rate: 1 RP = ₹0.25 on Eterna and Tiara | Minimum: 1,000 RP = ₹250

Product Redemption via BOBCARD Rewards Portal

Points can be used to redeem physical products, gift vouchers, and merchandise listed on the BOBCARD rewards catalogue. The effective value per point varies by item - some products return less than ₹0.25 per RP, some match it.

Recommendation: always calculate the rupee value of the product versus the RP cost before redeeming. If the product's market price is less than (RP cost × ₹0.25), statement credit is the better option.

Travel Bookings via BOBCARD SmartDeal

Points can be applied toward flight and hotel bookings made through the BOBCARD SmartDeal portal. The redemption rate for travel bookings may differ from the standard ₹0.25 per RP - verify the applicable rate on the portal at the time of booking.

Source: portal.bobcard.co.in | Last verified: May 2026. Always verify current redemption rates at the time of redemption.

Which Redemption Method Gives the Best Value?

For most cardholders, statement credit is the best redemption method. It is consistent at ₹0.25 per RP, has no expiry risk, requires no product selection, and directly reduces your card outstanding.

Product redemption can occasionally offer better value if a specific item in the catalogue is priced at below-market rates when converted - but this requires manually checking each item against its retail price. For most people, this is not worth the effort versus a direct statement credit.

Example: you have 5,000 RP on your BOBCARD Eterna. As statement credit: 5,000 × ₹0.25 = ₹1,250. If a catalogue item costing 5,000 RP has a retail market price of ₹1,400, the product redemption is better. If it retails at ₹1,100, statement credit is better. Always compare before redeeming.

What Reduces the Value of Your Reward Points

Several common behaviours reduce the effective value of BOBCARD reward points without the cardholder realising it.

• Carrying a balance: the finance charge on BOBCARD Eterna and Tiara is 3.25% per month = 39% p.a. On any month you carry a balance, the interest cost significantly exceeds the reward earned. A ₹10,000 balance costs ₹325 in interest in one month. Earning ₹375 in rewards on ₹10,000 dining spend and then paying ₹325 in interest on the same amount leaves you with a net gain of ₹50 - not ₹375.

• Spending in excluded categories and expecting rewards: fuel, groceries, education, and insurance earn zero RP. Routing these through the card without knowing the exclusion contributes to spending without return.

• Redeeming below minimum: if your balance is below 1,000 RP, redemption is not available. Points sit in your account until the minimum is met.

• Not redeeming on Select and Easy (where points may have expiry): verify the expiry terms for Select and Easy at bobcard.co.in. If points have an expiry date, periodic redemption is important.

How to Check Your Reward Points Balance

BOBCARD reward points can be checked through three methods:

• BOBCARD app: download the app and log in with your registered mobile number. The dashboard shows current reward points balance.

• BOBCARD portal: log in at portal.bobcard.co.in with your card number and registered mobile OTP. The rewards section shows the current balance and available redemption options.

• Monthly statement: your paper or e-statement shows the closing reward points balance for each statement cycle. Check the last line of the rewards section.

For Etihad card holders: reward points are Etihad Guest Miles and are credited to your Etihad Guest account at etihad.com/etihadguest - not to the BOBCARD portal. Check your Etihad Guest account for the miles balance.

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