The BOBCARD Tiara Credit Card is a premium credit card for women in India. Designed to empower and celebrate their journey, this card provides a blend of financial benefits and lifestyle perks. Whether you’re a frequent traveler, a shopping enthusiast, or someone who values health and wellness, the Tiara card aims to cater to diverse needs. In this BOBCARD Tiara credit card review, we’ll delve into the key features, benefits, and fees, and help you determine if this card aligns with your financial goals.
Quick Overview
- Card Issuer: Bank of Baroda
- Annual Fee: ₹2,499 + GST
- Welcome Bonus: Complimentary memberships and vouchers worth up to ₹31,652
- Best For: Women seeking a blend of financial benefits and lifestyle perks
| Feature | Details |
|---|---|
| Reward Points | 15 points/₹100 on dining, travel, and international spends (capped) |
| Lounge Access | Unlimited domestic lounges on ₹40,000 quarterly spend |
| Forex Markup | 2% on international transactions |
| Health Benefits | Complimentary health packages and Fitpass Pro membership |
| Shopping Vouchers | Quarterly discounts on Myntra, Nykaa, Flipkart, Lakmé Salon, and more |
BOBCARD Tiara Credit Card Review: Key Benefits
Cashback/Rewards
The Tiara card offers accelerated reward points:
- 15 reward points per ₹100 spent on dining, travel, and international transactions.
- 3 reward points per ₹100 on other eligible spends.
Note: The 15X reward points are capped at 5,000 per statement cycle.
Travel Benefits
- Unlimited Domestic Lounge Access: Achieved by spending ₹40,000 in the previous quarter.
- Reduced Forex Markup: Only 2% on international spends.
- UPI Payment Access: Facilitates seamless transactions.
Shopping/Partner Offers
- Quarterly Vouchers: ₹500 each for Myntra, Nykaa, and Flipkart.
- Lakmé Salon: ₹1,500 off every quarter.
- BigBasket: ₹250 off every quarter.
- Swiggy One Membership: 3-month free membership offering unlimited deliveries.
EMI/Big Spend Perks
- Fee Waiver: Spend ₹25,000 within the first 60 days to reverse the joining fee.
- Annual Fee Waiver: Spend ₹2,50,000 in a year to waive the next year’s fee.
Fees and Charges
- Joining & Annual Fee: ₹2,499 + GST
- Interest Rate (APR): 3.25% per month (39% per annum)
- Late Payment Fee: ₹100 to ₹1,300 depending on the outstanding amount
- Fuel Surcharge: 1% waiver up to ₹250 per statement cycle
- Foreign Currency Markup: 2%
- Reward Redemption Fee: None
Pros and Cons
Pros:
- Accelerated reward points on dining, travel, and international spends.
- Unlimited domestic lounge access with a reasonable spend threshold.
- Attractive shopping and lifestyle vouchers.
- Complimentary health and wellness benefits.
- Fee waivers based on spending milestones.
Cons:
- No reward points on fuel transactions.
- International lounge access not included.
- High-interest rate compared to some other cards.
Who Should Apply for the BOBCARD Tiara Credit Card?
Best For:
- Women aged 21–60 years with a minimum annual income of ₹7.2 lakh.
- Individuals who frequently dine out, travel, or shop online.
- Those seeking health and wellness benefits alongside financial perks.
Not Ideal For:
- Individuals primarily looking for fuel rewards.
- Those who don’t spend ₹40,000 quarterly to avail lounge access.
- People who prefer cards with lower interest rates.
How to Apply for BOBCARD Tiara Credit Card
Eligibility Criteria:
- Must be a resident Indian woman.
- Age:
- 21–60 years for salaried individuals.
- 21–65 years for self-employed individuals.
- Minimum Income: ₹7.2 lakh per annum.
Documents Required:
- Proof of Identity (Aadhaar, Passport, Voter ID)
- Proof of Address (Utility Bills, Rent Agreement)
- Income Proof (Salary Slips, ITR)
- Photographs
Application Process:
- Visit the official BOBCARD Tiara page to apply online.
- Alternatively, visit any Bank of Baroda branch to apply offline.
FAQs about BOBCARD Tiara Credit Card
1. Does the Tiara card offer international lounge access?
No, the Tiara card provides unlimited domestic lounge access but does not include international lounge access.
2. Are there any reward points on fuel transactions?
No, fuel transactions do not earn reward points. However, there’s a 1% fuel surcharge waiver up to ₹250 per statement cycle.
3. How can I avail the joining fee waiver?
Spend ₹25,000 within the first 60 days of card issuance to reverse the joining fee.
4. What are the health benefits offered?
The card provides complimentary health packages, including Pap Smear & Blood Tests and Mammography. Additionally, there’s a 6-month Fitpass Pro membership.
5. Can I redeem reward points for cashback?
Yes, 1 reward point equals ₹0.25, which can be redeemed for cashback.
Conclusion
The BOBCARD Tiara Credit Card stands out as a comprehensive offering tailored for women. With its blend of financial rewards, lifestyle perks, and health benefits, it caters to the diverse needs of modern women. While it may not be ideal for those seeking fuel rewards or international lounge access, its other features make it a valuable addition to many wallets.
If you shop frequently on platforms like Myntra, Nykaa, or Flipkart, this card can save you up to ₹2,000 annually in discounts and vouchers.
