Founded in the year 1906 by some of the most eminent businessmen hailing from Mumbai, Bank of India became a nationalized bank only in the year 1969. Since its inception, the bank has been actively working towards providing niche banking services in the most cost effective manner. They are known for being extremely proactive and providing the best possible customer care.
Bank of India is one of the most revered development banks in the counts, who are consistently providing financial solutions not only to individuals but to Small Businesses in the mass and rural markets as well. They currently have over 5000 branches pan India and have been pioneers in providing the best banking services and innovative banking systems to every customer.
With Bank of India, you have MasterCard, Visa and RuPay card options. Each card under their product range is loaded with features that are perfectly suited to fulfill your requirements in terms of your lifestyle as well as your expenses. These are among the most sought after credit cards in the country because of their straight-forward eligibility criteria and the simple application procedures.
To ensure that customers get great value for every paisa spent on their credit card, they also provide attractive reward points. These points can be redeemed for products and services with some of the top merchants and brands. These rewards are provided under and exclusive BOI Star Rewardz program that gives you a detailed product catalogue to redeem your points against.
The BOI credit cards are also extremely convenient to use. You have great repayment options that ensure that you do not miss any repayment towards your card. These cards are extremely secure to use as well.
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There are three categories of Bank of India Credit Cards with unique cards under each category. These categories include:
MasterCard Credit Cards
Visa Credit Cards
RuPay Credit Cards
Bank of India Credit Cards are loaded with attractive features that make it more convenient for customers to use the cards and also give them maximum benefits on each card. Some such features include:
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The benefits available to customers because of the several added features of BOI Credit Cards are as follows:
Each BOI Card is unique and is loaded with features as mentioned below:
|BOI MasterCard Credit Cards|
|Name of the Card||Features|
|BOI MasterCard India Card|
|MasterCard Platinum International Card|
|BOI Visa Credit Cards|
|Name of the Card||Features|
|BOI Visa Gold International Credit Card|
|BOI RuPay Credit Cards|
|Name of the Card||Features|
|Rupay Platinum Credit Card|
|SwaDHan Rupay Platinum|
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Any Bank of India Debit Card or Credit Card Holder is automatically eligible for the Star Rewardz Program offered by BOI. You can visit www.credit.biorewardz.com to register for tyhis program and enjoy several benefits on every spending on your credit card.
There are several ways in which customers can earn their Star Rewardz Points as mentioned below:
Using mobile banking or internet banking services like NEFT and carrying out a minimum of 10 transactions each month allows you to earn 20 Star Reward points.
These reward points can be redeemed against several free gifts, services and merchandize listed on the BOI redemption platform. This includes airline tickets, bus tickets, personalized products, movie tickets, electronic items, home, fashion and beauty products and even music and sports products.
The redemption platform is very dynamic and gives you several new options each month. New goods and services are added regularly to this platform to provide members with more options of products and services to choose from.
In order to redeem the Star Rewardz Points, customers need to earn a minimum of 100 star points. The star points earned must be redeemed within 3 years of them being issued for a particular purchase. Any additional points that are earned from partnered merchants and stores can be used up to 12 months of them being issued.
Name Of the Card
|Issuance Fees||Annual Maintenance Fees||Card Replacement Charges|
|BOI Visa International Platinum Card||200||150||150|
There are certain credit card charges applicable on BOI Credit Cards for both public and staff as mentioned below:
|Cash Advance Charges|
|At any branch||2.5%, subject to a minimum of 50|
|At a BOI ATM||2.0%, subject to a minimum of 50|
|At other ATMs||2.5%, subject to a minimum of 75|
|Balance Enquiry Charges|
|At BOI ATM||NIL|
|At other ATMs||20|
|Cheque collection charges||As per latest service charges applicable|
|Cheque return charges||As per latest charges applicable|
|PIN replacement||50 on every occasion|
|Usage above the spending limit||10 for every transaction|
|Retrieval of charge slip||100 or the actual charges, whichever amount is higher|
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With Bank of India credit card, you have the following options available to apply for your credit card.
Bank of India does not provide the facility of applying for a credit card through the website. Customers have to visit the nearest branch in order to submit an application.
MyMoneyMantra offers an easy online option to submit a credit card application. Here are the steps that you need to follow in order to apply for one.
The eligibility criteria for Bank of India Credit Cards are as follows:
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Customers have to submit the following KYC documents in order to complete the BOI Credit Card application:
There are different options available to make payments towards your BOI credit Card:
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No minors are not eligible for a BOI Credit Card. In order to be eligible for this card, the individual has to be at least 18 years of age.
With BOI Cards, you have a direct billing card or a branch billing card. In case of the direct billing card, the charges must be paid by the user on his or her own before the due date of the bill.
In case of branch billing cards, the customer authorizes the bank to debit the outstanding amount from a charge account directly on or before the due date.
Yes, you can get a BOI corporate credit card. Companies are required to submit a board resolution of the organization which mentions the name of the person it needs to be issued to, the designation and the spending limit offered.
Yes. BOI offers add on card facilities to any close relatives of the primary card holder. This includes the spouse, parents, children or siblings of the individual who are over 18 years of age. A detailed verification of the KYC documents of the add-on card holder is necessary. In case of an-add on card, the auto debit account or the charge account is the same as the one for the primary card holder. The spending limit available for the primary card and the add on card together is the same as the limit on the primary card.
Yes, you can change your address, email id, phone number and other details by visiting your branch in case of branch billing card. In case of a direct billing card, the request can also be sent via email to the Card Products Department Head Office along with the documents that you are required to submit.
Customers have the option of checking their Star Rewardz Points by logging into their Star Rewardz Account. They also have the option of calling the customer care for this information. In order to redeem these points, they can use the 24x7 Rewardz Account facility or even call the toll free customer care number.
The annual renewal of the card is automatic unless the customer cancels the card by notifying the bank. The annual renewal is done 2 months before the expiry of the card in case of branch billing cards which must be collected from the branch itself. In case of direct billing cards, the card is sent to the address provided by the customer.
In case of any failed transaction on your BOI credit card in case of a cash advance, you can send an email to the Card Product Department. For any failure in an internet banking transaction, call the StarConnect Cell Data Center.
On the official BOI website, click on Cards and choose the type of card. Then click on the Registration option and follow the steps mentioned to create the password for your online transactions. Changing this password regularly is recommended to prevent any chances of online frauds or any unauthorized transaction.