Indian Navy Varunah BOBCARD Credit Card

Rewards

• Rewards rate

  Up to 15x Reward Points with the Varunah Premium Card, Up to 10x Reward Points with the Varunah Plus Card, and up to 5x Rewards with the Varunah Card.

• Welcome benefits

  Complimentary Amazon Prime membership for one year, as well as 500 bonus Reward Points with the Varunah Premium Card.

• Reward redemption

  The earned Reward points can be redeemed against a variety of options at a redemption rate of 1 Reward Point = Re. 0.25.

Benefits

• Travel

  Complimenatry domestic lounge access every year with the Premium and Plus variant

• Domestic lounge

  Unlimited complimentary domestic lounge access (with the Premium variant), 3 complimentary domestic lounge access every quarter (with the plus variant)

• Insurance

  Air Accident cover worth Rs. 1 Crore with the premium variant.

Fees & charges

• Spend-based waiver

  The annual fee is waived on spending Rs. 1.5 lakhs or more in the previous year

• Rewards redemption fee

  Nil

• Foreign currency markup

  2% with Premium variant, 2.5% with plus variant and 3.5% with the basic Varunah Card

• Interest rates

  3.49% Per Month (41.88% Per Annum)

• Fuel surcharge waiver

  1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 5,000.

• Cash advance charges

  2.5% of the withdrawn amount subject to a minimum of Rs. 300

Product highlights

• Complimentary annual membership is available for Amazon Prime.
• 500 bonus Reward Points as a welcome benefit (with the Varunah Premium Card).
• Reward rate of up to 15 Reward Points on every spend of Rs. 100.
• Complimentary domestic lounge access every year.
• Low forex markup fee.
• Spend-based waiver of the joining and annual fee.
• Insurance covers worth up to Rs. 1 Crore.
• 1% fuel surcharge waiver on all fuel transactions.

FAQs