BOBCARD Cashback Credit Card Review 2026 | Card24.ai
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BOBCARD Cashback Credit Card Review 2026

Earn 5% cashback on every eligible online spends - auto-credited to your account. India's simplest cashback credit card at ₹49 per month or ₹499 a year.

4
/5
Card24 Score
Fees
5
Cashback
4
Simplicity
5
Last reviewed April 2026 · Card24.ai editorial team
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BOBCARD Cashback
Annual Fee
₹499/year
Online Cashback
5%*
Offline Cashback (unlimited)
1%
Auto- Credit
Monthly

Credit Card Verdict - Cashback Review

What we like

  • 5% cashback on eligible online spends
  • Auto-credited monthly - no points to track
  • 1% unlimited cashback on all offline and other spends
  • ₹499/year or ₹49/month - lowest fee among comparable cashback cards in India
  • Google Pay compatible - earn cashback on everyday QR scans

Watch out for

  • 5% cashback capped at ₹1,500/month
  • Minimum 4 transactions per cycle required to unlock the accelerated 4% cashback
  • No lounge access, no reward points - purely a cashback card

*5% cashback = 4% accelerated + 1% base on eligible domestic online spends. Accelerated 4% applicable only on minimum 4 transactions per statement cycle. Capped at ₹1,500 cashback per month. Cashback auto-credited to statement. Excluded: fuel, insurance, transactions below ₹100, quasi-cash, select MCCs. Reversals/returns deducted in subsequent cycle. Terms and conditions apply.

Credit Card Achievers - Cashback Review

Is BOBCARD Cashback Worth It in 2026?

Yes - if you want the simplest possible cashback with no redemption overhead. At ₹499 per year, this is the easiest credit card to justify in India.

Here's the break-even math: at 5% cashback on online spends, you recover the ₹499 annual fee with just ₹9,980 in eligible online transactions. Most Indians who shop regularly online will hit this in their first statement. Beyond break-even, every rupee of online spend returns ₹0.05 - automatically, without logging in anywhere.

This card works best as a dedicated online-spend card for someone who orders food, pays subscriptions, shops on e-commerce, and doesn't want to think about reward categories. The 1% unlimited base cashback on offline spends makes it viable as an everyday card too.

BOBCARD Cashback is the only PSU bank card in India with auto-credited monthly cashback, making it the simplest real cashback card available.

BOBCARD Cashback Credit Card Benefits

How to Get the Most Out of BOBCARD Cashback

Make at least 4 transactions in the first week of each billing cycle to unlock the 4% accelerated cashback component. Easy to hit: pay a bill, order food, top up a subscription, and buy something online.

The 5% cap is ₹1,500/month - equivalent to ₹30,000 in eligible online spend. For spend beyond this, you earn only 1%.

Set Netflix, Hotstar, Spotify, Swiggy, Zomato, Amazon, and other eligible online subscriptions to auto-debit on this card. Each recurring transaction counts toward your 4-transaction minimum and earns the 5% rate.

Add the BOBCARD Cashback Mastercard to Google Pay for QR code payments at small merchants. You earn cashback on eligible QR transactions, making this effective for daily spending.

The card offers a ₹499 annual fee or ₹49/month. If you're unsure of your usage, start monthly and switch to annual once you're certain - but note that the fee plan can only be changed once during the card's lifetime. Write to crm@bobcard.co.in to change.

BOBCARD Cashback Fees & Plans

Joining & Annual Fee (Annual Plan) ₹499 + GST per year
Joining & Annual Fee (Monthly Plan) ₹49 + GST per month
Add-on Card Fee ₹0 (up to 3 add-on cards, lifetime free)

BOBCARD Cashback Credit Card Eligibility & Documents

Age 25-55 years
Minimum annual income ₹3,00,000
Documents required PAN card · Aadhaar · Last 3 months salary bank statement
Residency Indian resident only

Applying when ineligible creates a hard credit inquiry that may lower your CIBIL score. Verify your eligibility before applying.

How to Apply for BOBCARD Cashback Credit Card

The application process is entirely online and takes about 5-7 minutes.

1

Fill the Application - Enter your basic details on this page- name, income, employment type. Takes under 2 minutes. Card24.ai passes your details to BOBCARD's application system securely.

2

OTP verification - Complete Aadhaar-based OTP authentication for identity verification. This is BOBCARD's standard paperless KYC process.

3

Video KYC - BOBCARD may request a short Video KYC session- a 2-minute video call where an agent verifies your face against your Aadhaar. Keep your PAN card handy. Usually scheduled within 24 hours.

4

Approval decision - Most applicants receive a decision within 24-48 hours. If approved, your digital card is available immediately for online transactions.

5

Physical card dispatch - Your physical card arrives in 3-7 working days. Activate it via the BOBCARD app or by calling customer care.

Start Your Application

Frequently Asked Questions

You earn 5% cashback on eligible domestic online spends - structured as 4% accelerated + 1% base. The accelerated 4% is only unlocked if you make at least 4 transactions in that statement cycle. On all other spends (offline), you earn 1% unlimited cashback. The 5% rate is capped at ₹1,500 cashback per month.
Cashback is auto-credited to your BOBCARD Cashback account every month and reflected in your subsequent statement. There is no redemption portal, no points to convert, and no expiry dates to track. It is simply real money deducted from your outstanding balance.
Eligible categories include supermarkets, restaurants, cab rides, metro and bus payments, streaming platforms, pharmacies, and education fees - as per BOBCARD's official MITC document. Excluded categories include fuel transactions, insurance, transactions below ₹100, quasi-cash, and select MCCs. The full list is available in the BOBCARD Feature MITC document on bobcard.co.in.
The minimum net annual income required is ₹3,00,000 for salaried applicants and ₹3,50,000 for self-employed applicants. Age eligibility is 21–60 years for salaried and 24–65 years for self-employed. This is one of the most accessible credit cards in the BOBCARD range - significantly lower than the ₹7.2 LPA requirement for Tiara or ₹12 LPA for Eterna.
BOBCARD Cashback offers two fee plans: ₹499 per year or ₹49 per month. The fee plan can be changed only once during the card's lifetime by writing to crm@bobcard.co.in. There is no spend-based annual fee waiver on this card.
You must make a minimum of 4 card transactions in a statement cycle to qualify for the accelerated 4% cashback component. Without meeting this threshold, all spends in that cycle earn only the base 1% rate. The 4 transactions can be any eligible spends - including subscriptions, food delivery, or online shopping.
Yes. Add the BOBCARD Cashback Mastercard to Google Pay for contactless payments and QR code scans at merchants. Eligible QR-based transactions earn cashback. Note: BOBCARD Cashback is on Mastercard (not RuPay), so it is not eligible for UPI-based credit card transactions on PhonePe or BHIM.
No. BOBCARD Cashback cannot be upgraded to any other BOBCARD variant, and existing BOBCARD cardholders cannot be downgraded to the Cashback card. It is a standalone product. If you want to hold both, you would need to apply for the second card separately - subject to BOBCARD allowing two cards simultaneously.