New Delhi. Today, amidst the increasing use of digital payments and credit cards, banks come up with various reward programs to attract customers. One of these is Bank of Baroda (BoB) Rewards. This is a points-based loyalty system, through which customers can earn reward points from their everyday purchases to big expenses and can later redeem them for facilities like gifts, vouchers, flight tickets, shopping or bill payments.
This system is especially beneficial for those customers who regularly use debit card, credit card or digital services of Bank of Baroda. Let us understand in simple language what this system is, how it works and how you can redeem your reward points.
What is the reward system of Bank of Baroda?
Bank of Baroda Rewards is a loyalty program in which customers earn points for using various products and services of the bank. These points are not like cash, but they can be used for many types of facilities and benefits. These points are added on using the bank’s credit cards, debit cards, digital banking platforms (like BoB World app) and partner services. The more transactions you make, the more reward points you accumulate.
How does it work?
1. Reward points are available on transactions
Whenever you spend with Bank of Baroda debit or credit card, like grocery, online shopping, restaurant, travel, bill payment, you get a certain number of points on every expenditure. For example, 1–2 points per ₹100 spent on some cards and 5 or more points per ₹100 spent on premium cards
2. Different reward structures on different cards
Bank of Baroda has many credit cards – BOB Easy, BOB Select, Eterna, Premier, Opulence etc. The method and rate of earning rewards is different on every card. Premium cards like BOB Eterna card offer more points on travel and dining. Good rewards are available on general shopping and fuel on BOB Easy Card.
3. Bonus Points and Offers
The bank also gives bonus reward points on festivals or special days of the year. Sometimes you can get double or triple points on spending on partner brands- Amazon, Myntra, Swiggy, Tata Cliq etc.
How to redeem Bank of Baroda Rewards?
The redemption process is quite easy. Reward points can be redeemed on the official rewards website of the bank. Generally the value of reward points varies depending on the card. On purchasing merchant voucher, you receive the voucher code on email or SMS.
- Step 1: Login to Bank of Baroda Rewards website or BoB World app.
- Step 2: Log in with your registered mobile number or customer ID.
- Step 3: Select the Rewards or Redeem Points section.
- Step 4: Select your preferred redemption option.
Reward points can be redeemed for:
- Shopping Voucher (Amazon, Flipkart, Lifestyle, BigBazaar etc.)
- flight tickets or hotel booking
- Mobile Recharge / DTH Recharge
- Gift items like small electronics, kitchen appliances
- Dining Voucher
- Catalog Products
Who does Bank of Baroda Rewards give more benefits to?
- Customers who make everyday purchases through Bank of Baroda debit or credit cards
- Those who do more online shopping and app-based payments.
- Those who often spend on travel or dining with cards
- Those who have premium cards, where the reward rates are very high
If you use the card smartly and pay bills on time, you can easily save thousands of rupees through reward points in a year.
