BOB Rakshamah Credit Card - Lounge Access, Discounts, Benefits - Explained

13 Dec 2024 6 mins Credit Cards

BOB Rakshamah Credit Card - Lounge Access, Discounts, Benefits - Explained

Discover the Ultimate Bob Rakshamah Credit Card Benefits

In today’s fast-paced world, credit cards are more than just a payment tool—they’re a lifestyle accessory. The Bob Rakshamah Credit Card stands out, offering an unmatched combination of financial flexibility, rewards, and luxury. Whether you're shopping, traveling, or looking for exclusive perks, this card has you covered.

Let’s dive into the Bob Rakshamah Credit Card benefits and explore why it’s a must-have for savvy consumers.

Welcome Benefits to Start Your Journey

Earn 500 Bonus Reward Points. As a new cardholder, kick things off by earning 500 bonus reward points when you spend £5,000 within the first 60 days. It’s the perfect way to maximize your initial transactions while getting a head start on rewards.

Complimentary FITPASS Pro Membership

Stay fit and active with a six-month FITPASS Pro Membership worth ₹15,000. Enjoy access to a 

variety of fitness centers, virtual classes, and wellness services, all at no extra cost.

Bob Rakshamah Credit Card Lounge Access: 

Redefining Travel Comfort :

One of the standout perks is Bob Rakshamah Credit Card lounge access, which provides:

Eight Complimentary Domestic Lounge Visits Per Year: Travel in comfort with access to premium airport lounges twice each quarter. These lounges offer Wi-Fi, snacks, and relaxation zones to make your journey stress-free.

24/7 Concierge Services: From booking flights to arranging hotel stays, the card’s concierge service ensures a seamless travel experience for both domestic and international trips.

With these benefits, traveling becomes less of a chore and more of an experience to look forward to.

Exclusive Memberships and Milestone Rewards

Feature

Details

Amazon Prime Membership

Spend ₹1 lakh within 90 days to enjoy a 12-month complimentary Amazon Prime Membership. Offers fast deliveries and exclusive content.

Shopping Discounts

Earn 5X reward points at select stores and enjoy additional savings on purchases at leading brands.

Core Reward System

Earn two reward points for every £100 spent in non-partner categories, enabling consistent savings.

Redeem for Cashback

Convert reward points into cash back at the rate of 1 point = ₹0.70. Use cashback for anything you need.

Fuel Surcharge Waiver

Save 1% on fuel surcharge for transactions between ₹400 and ₹5,000, up to ₹250 per statement cycle.

Smart EMI Options

Convert purchases above ₹22,500 into EMIs ranging from 6 to 36 months, making large expenses more manageable.

Amazon Prime Membership

Spend ₹1 lakh within 90 days of card issuance and enjoy a 12-month complimentary Amazon Prime Membership. From fast deliveries to exclusive content, this milestone reward enhances your daily life.

Shopping Discounts

The Bob Rakshamah Credit Card benefits extend to shopping, offering exclusive discounts on leading brands. Earn 5X reward points at select stores and enjoy additional savings on every purchase.

Core Reward System for Everyday Spending

Earn While You Spend And Also earn two reward points for every £100 spent in non-partner categories. These consistent earnings mean your day-to-day transactions contribute to significant savings over time.

Redeem for Cashback

Convert your accumulated points into cash back at a rate of 1 point = ₹0.70. It’s a flexible option that allows you to use your rewards for anything you need.

Fuel Surcharge Waiver

Save on your daily commutes with a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000. This benefit can save you up to ₹250 per statement cycle, making the Bob Rakshamah Credit Card benefits ideal for frequent drivers.

Smart EMI Options for Big Purchases

When life’s bigger expenses arise, the card’s Smart EMI options help you manage them efficiently. Convert purchases above ₹22,500 into manageable EMIs ranging from 6 to 36 months, making high-value transactions more accessible.

In-Built Insurance and Financial Safety:

Accidental Death Cover

With a personal accidental death cover of up to ₹20 lakh, the card ensures financial security for your loved ones during unforeseen circumstances.

Zero Liability on Lost Cards

Report a lost card immediately to enjoy zero liability on fraudulent transactions. This proactive feature protects your finances and offers peace of mind.

Interest-Free Credit Facility

Enjoy up to 50 days of interest-free credit, allowing you to manage expenses without the burden of immediate repayments. This feature adds flexibility and helps optimize your budget.

Contactless Payments for Enhanced Security

The Bob Rakshamah Credit Card is equipped with wireless chip technology, making payments fast, secure, and convenient. Whether at a store or online, you can transact confidently knowing your details are protected.

How to Maximize Bob Rakshamah Credit Card Benefits

To fully utilize the perks of the Bob Rakshamah Credit Card, here are some tips:

Plan Your Expenses Around Milestones: Spend strategically to unlock rewards like the Amazon Prime Membership.

  • Redeem Reward Points Regularly: Convert points to cashback to avoid expiration and maximize value.

  • Leverage Lounge Access: Use the complimentary lounge visits during travel to save on comfort expenses.

  • Why Choose the Bob Rakshamah Credit Card?

The Bob Rakshamah Credit Card benefits cater to a wide range of needs, from travel enthusiasts to everyday spenders. With Bob Rakshamah Credit Card lounge access, milestone rewards, and robust financial security features, it’s a well-rounded tool for modern living.

Conclusion

The Bob Rakshamah Credit Card offers more than just convenience—it’s an investment in your lifestyle. From rewards and cashback to lounge access and financial protection, it checks all the boxes. If you’re looking for a credit card that combines luxury with practicality, this is the one for you.

FAQs

What are the eligibility criteria for the Bob Rakshamah Credit Card?

Applicants must meet income, credit score, and age requirements set by the issuer.

How do I access Bob Rakshamah Credit Card lounge access?

Use your card at eligible airport lounges and enjoy complimentary access as per the program guidelines.

Can reward points be transferred to other loyalty programs?

No, points are not transferable but can be redeemed for cash back or exclusive offers.

Is there a fee for the Smart EMI facility?

A nominal interest rate applies to the Smart EMI conversions based on the term selected.

Are contactless payments secure?

Yes, the card’s wireless chip technology ensures encrypted and secure transactions.

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Author - Abhishek Sonawane

Abhishek Sonawane, an MBA graduate from the prestigious Indian Institute of Management Visakhapatnam (IIMV), brings over ten years of experience in the finance domain. His extensive background includes various roles in financial management and strategy, providing him with a comprehensive understanding of the financial landscape. Abhishek’s expertise and dedication to financial education make him an authoritative voice in personal finance, helping readers make informed financial decisions.