SNAPDEAL BOBCARD Review 2026: 1% Base — the Highest in the BOBCARD Range — for ₹249 & FAQs
SNAPDEAL BOBCARD charges ₹249 and earns 4 Reward Points per ₹100 — 1%, the highest core rate in BOBCARD's range — with 5% on Snapdeal capped at 2,000 points a cycle. Caps, fees and FAQs.
SNAPDEAL BOBCARD earns 4 Reward Points per ₹100 — 1% at the published ₹0.25 rate. That is the highest core rate in BOBCARD's entire range, and it costs ₹249 a year.
BOBCARD's own rewards table places Snapdeal in the top core tier alongside Swavlamban, above every premium card in the range.
SNAPDEAL BOBCARD Quick Overview
| **Card type** | Shopping co-brand card |
|---|---|
| **Best for** | Anyone wanting BOBCARD's best base rate cheaply |
| **Joining / renewal fee** | ₹249 + GST, same on renewal |
| **Network** | Visa, RuPay |
| **Base reward rate** | **1.0%** |
| **Top reward rate** | **5.0%** — Snapdeal purchases |
| **Reward currency** | BOBCARD Reward Points, valued at ₹0.25 each |
| **Lounge access** | None published |
| **Forex markup** | 3.5% |
Reward Structure: How You Earn
BOBCARD publishes what a Reward Point is worth: 1 Reward Point = ₹0.25 as statement cashback.
There is a second, worse channel. BOBCARD's terms separately state 'Reward Redemption value using Pay with Rewards 1RP = 15 Paisa' — ₹0.15 a point, 40% less. Both are published; the card pages advertise only the better one.
4 Reward Points per ₹100 — 1%. 20 Reward Points per ₹100 on Snapdeal — 5%. 10 Reward Points per ₹100 on other accelerated categories — 2.5%.
Reward Points are earned only on transactions of ₹100 or more, per transaction rather than cumulatively. A run of small purchases earns nothing at all.
| Spend | Effective rate |
|---|---|
| Snapdeal purchases (capped at 2,000 points a month) | **5.0%** |
| Other accelerated categories (capped at 2,000 points a month) | **2.5%** |
| Everything else | 1.0% |
| Fuel, rent, wallet loads, government, gaming | **0%** |
The caps that actually bind
Headline rates mean little until you know where they stop. These are the limits on this card:
| Cap | Limit |
|---|---|
| Cycle | 2,000 points per calendar month |
The accelerated bands cap at 2,000 Reward Points a statement cycle — ₹500 of value, binding at ₹10,000 of Snapdeal spend a month.
Fuel earns nothing on any BOBCARD except HPCL Energie, alongside ATM cash withdrawals and quasi-cash.
Credit-card-on-UPI transactions earn the core rate only, never the accelerated one.
Category Restrictions: Where You Won't Earn
- Where you earn nothing: Earns nothing at all: fuel on every BOBCARD except HPCL Energie; cash withdrawals at ATM; and quasi-cash transactions. BOBCARD names these three in Annexure 1 of its rewards terms as ineligible for BOTH core and accelerated Reward Points. Transactions below ₹100 earn nothing either (₹150 on HPCL Energie).
- Point expiry: Reward Points are valid for 24 months from the date they are earned on most BOBCARD products. Points on BOBCARD ETERNA do not expire.
- Cycle cap: 2,000 Reward Points a statement cycle across the accelerated bands — ₹500 of value, binding at ₹10,000 of Snapdeal spend a month.
Fees and Charges
| Charge | Amount |
|---|---|
| Joining fee | ₹249 + GST |
| Renewal fee | ₹249 + GST |
| Finance charges | 3.75% per month (45% per annum) on all credit cards. Micro Enterprise cards are charged 1.5% per month (18% per annum). |
| Interest-free period | 20 to 50 days, and only where there is no previous outstanding. A purchase made early in the cycle gets the longer period; one made near the statement date gets the shorter. Not available at all if the previous month's balance was not cleared in full or if cash has been withdrawn at an ATM. |
| Minimum amount due | 100% of all fees, charges, finance charges, GST and EMI amounts, PLUS 2% of retail spends and cash advances — or ₹200, whichever is higher. Revised w.e.f. 1 October 2025. Where the total amount due exceeds the credit limit and the over-limit amount is greater than the computed MAD, the MAD becomes the whole over-limit amount. Any unpaid MAD from previous statements is added to the current one. |
| Cash advance fee | 2.5% of the amount withdrawn or ₹500, whichever is higher. |
| Cash advance interest | 3.75% per month (45% per annum), charged from the date of withdrawal with no interest-free period. |
| Forex markup | Varies by card: 2% on Eterna, Tiara, Varunah Premium, ICAI, ICSI and CMA One; 2.5% on Varunah Plus; 3% on Yoddha, The Sentinel, Rakshamah and Vikram; 3.5% on every other BOBCARD. Also applies to transactions in Indian rupees at an international location or at merchants registered overseas. |
| Late payment | Graduated by statement balance: nil below ₹100; ₹100 for ₹100–₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 above ₹50,000. |
| Overlimit | 2.5% of the amount over and above the sanctioned credit limit, or ₹600, whichever is higher. Charged only where the cardholder has given explicit consent to the over-limit facility. |
| Payment return | 2% of the payment amount subject to a minimum of ₹500 for a returned cheque. The same 2%/₹500 applies to an auto-debit or standing-instruction bounce, but only ONCE per statement cycle per card and only where the failure was due to insufficient balance. |
| Rent payment | 1% of the transaction amount on all rent payments (MCC 6513), with no minimum threshold. Non-reversible. |
| Wallet load | 1% of the transaction amount on all wallet loading transactions (MCC 6539, 6540, 6541, 6542), with no minimum threshold. Wallet loading is not permitted at all on the Micro Enterprise card. Non-reversible. |
| Utility payments | 1% of the transaction amount, capped at ₹3,000 per transaction, on utility payments (MCC 4900) of ₹50,000 or more. Non-reversible. |
| Education payments | 1% of the transaction amount, capped at ₹5,000 per transaction, on online education fee payments made through third-party apps — Cheq, CRED, Ease My Deal, MobiKwik, NoBroker, Paytm, PhonePe and SuperPe — w.e.f. 1 April 2026. Non-reversible. |
| Fuel transactions | 1% of the transaction amount on fuel transactions (MCC 5172, 5541, 5542, 5983) of ₹10,000 or more. NOT applicable to HPCL Energie BOBCARD. Non-reversible. |
| Card replacement | ₹100 per replacement card. |
| Add-on card | Nil. BOBCARD charges no joining or annual fee on add-on cards. |
| Reward redemption | No per-redemption handling fee is published. Minimum redemption is Reward Points worth ₹1,000, and redemption must be initiated through the BOBCARD Portal or mobile app. |
| EMI processing | Charged per the SmartEMI scheme selected. Purchases above ₹2,500 may be converted. |
| GST | 18% on all fees, interest and other charges. |
Is the SNAPDEAL BOBCARD Worth It?
At ₹249 for a 1% base rate, this is the best base rate per rupee of fee in BOBCARD's range — better than ETERNA at ₹2,499 (0.75%) or TIARA at the same fee. The fee is recovered by about ₹25,000 of ordinary spending.
You do not need to shop at Snapdeal for the card to work. The 1% core rate applies everywhere; the 5% Snapdeal band is a bonus on top.
No fee waiver is published, but at ₹249 that barely matters.
The honest comparison within BOBCARD's range: PRIME is free and pays 0.5%; Snapdeal costs ₹249 and pays 1%. Above about ₹50,000 of annual spend, Snapdeal is ahead.
Redeem as statement cashback, not Pay with Rewards.
Three charges are worth knowing before you apply. Finance charges run at 3.75% a month — 45% a year. Late payment is graduated, from ₹100 on a balance of ₹100–₹500 up to ₹1,300 above ₹50,000. And BOBCARD levies non-reversible 1% processing fees on rent, wallet loading, large utility bills and fuel above ₹10,000 — with toll and bus, railway bookings and third-party education payments added to that list on 1 April 2026.
Reward Points lapse if the card goes unused for 365 days, and are forfeited outright on closure, settlement or dues overdue beyond 90 days.
Frequently Asked Questions (FAQs)
What is the SNAPDEAL BOBCARD earn rate? 4 Reward Points per ₹100 — 1% at the published ₹0.25 rate — 20 per ₹100 on Snapdeal (5%) and 10 per ₹100 on other accelerated categories (2.5%).
Is 1% really the highest core rate at BOBCARD? Yes. BOBCARD's rewards table places Snapdeal in the top core tier at 4 Reward Points per ₹100, above ETERNA, TIARA and every other card in the range.
What is the cap? 2,000 Reward Points a statement cycle across the accelerated bands — ₹500 of value, binding at ₹10,000 of Snapdeal spend.
Do I need to shop at Snapdeal? No. The 1% core rate applies to all eligible spending; the Snapdeal band is additional.
What does it cost? ₹249 joining and annual. No fee waiver is published.
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