- Joining fee
₹2,499 + GST
- Annual fee
₹2,499 + GST
- Best suited for
Travel, Shopping, Food
- Reward type
Reward Points
Rewards
- Rewards rate
15 RPs/₹100 Spent on Travel, Dining, and International Spends. 3 RPs/₹100 on All Other Eligible Spends
- Welcome benefits
Free Swiggy One (3 Months), Amazon Prime/Disney Hotstar, and Gaana Plus Memberships
- Reward redemption
Redeem Reward Points for Cashback (1 Reward Point = ₹0.25)
Benefits
- Movie & dining
Free Swiggy One Membership, Quarterly Discounts on Big Basket, and Upto ₹250 Off on Movie Ticket Bookings With BookMyShow
- Travel
Low Forex Charge
- Domestic lounge
Unlimited Domestic Airport Lounge Access on Spends of ₹40,000 in the Previous Quarter
- Insurance
Zero Liability on Lost Card
Fees & charges
- Spend-based waiver
Spend ₹25,000 in the First 60 Days of Card Issuance for Reversal of Joining Fees. Annual Fee Waiver on Spends of ₹2.5 Lakh in a Year
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
2%
- Interest rates
3.75% Per Month (45% Per Annum)
- Fuel surcharge waiver
1% Fuel Surcharge Waiver Up to ₹250 in a Statement Cycle
Product highlights
- The BOBCARD Tiara Credit Card comes at a joining fee of ₹2,499 + GST. This may seem high, but it can be easily waived by spending ₹25,000 in the first two months of card issuance.
- This card offers many beneficial complimentary memberships like Swiggy One (3 months), Amazon Prime/Disney Hotstar, and Gaana Plus.
- Low Forex markup charge of 2%.
- 5X accelerated Reward Points on dining, travel, and international spending. 3X Reward Points on all other eligible spends.
Pros & cons
Pros
- Although this card has a Forex markup charge of 2%, it is still more competitive than many others in the market, as most credit cards typically charge 3% to 3.5% in Forex markup fees for international transactions.
- Additionally, the Tiara Credit Card offers accelerated reward points for international spends, making it an excellent choice for those who frequently travel abroad.
Cons
- The Tiara Credit Card offers two attractive benefits for those who travel abroad: accelerated reward points and low Forex charges. But in terms of international airport lounge visits, this card offers none.
FAQs
Does the Tiara Credit Card come without any joining or annual charges?
No, the Tiara Credit Card comes at a joining and annual fee of ₹2,499 + GST. Although this is not a lifetime free credit card, the joining fee can be waived by spending ₹25,000 in the first 60 days of card issuance, and annual charges can be waived by spending ₹2.5 lakh in a year.
What is the spending requirement for airport lounge access with the Tiara Credit Card?
Cardholders would need to spend ₹75,000 in the previous quarter to be eligible for unlimited airport lounge access with the Tiara Credit Card.
How much annual income do I need to be eligible for the Tiara Credit Card?
An annual income of ₹7.2 lakh or more is required for the Tiara Credit Card by BOBCARD.