VIKRAM
A lifetime-free card for defence personnel: 1 reward point per ₹100 on most spends (5 per ₹100 on movies and at department stores), points worth ₹0.25 as cashback and a 3% forex markup; no lounge access is listed. Every figure below is copied from BOBCARD’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Only for designated personnel of India's defence forces.
Fees and charges
| Joining fee | Nil Product page |
|---|---|
| Annual fee | Nil Product page |
| Annual fee waiver | Not needed |
| GST on fees | 18% |
| Foreign-currency markup | 3% of the transaction, plus GST MITC |
| Lifetime free: no joining or annual fee, per the product page and the MITC. | |
Rewards
Reward points, ₹0.25 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| Eligible spends (1 point per ₹100) | 1 point per ₹100 Product page | no cap on record |
The 5X rate (5 points per ₹100) applies only on movies (MCC 7832) and at department stores (MCC 5311), which are not CardWise spend categories, so it is shown as a highlight and ordinary spend is priced at the core 1 point. UPI payments earn only core points. Online grocery and food delivery are left unrated because supermarket (5411) and fast-food (5814) merchant codes earn nothing. Points earn only on transactions of ₹100 or more, are valid for two years, and redeem as cashback from 1,000 points.
No rewards on
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived on fills of ₹400 to ₹5,000, up to ₹250 a statement cycle (GST not reversed) Product page
- Welcome: 500 reward points on ₹5,000 of spend in the first 60 days Product page
Also on this card
Quoted from BOBCARD; not counted in the net value.
- 5 points per ₹100 on movies and at department stores, up to 1,000 points a month Product page
- 3-month JioHotstar subscription on a first transaction within 30 days of issue Product page
- Personal accidental death cover of ₹20 lakh (air and non-air) Product page
- Extra 8 points per ₹100 on flights and 20 per ₹100 on hotels booked through BOBCARD SmartDeal Terms
Eligibility
- Age 18 or above Product page
- Age 60 or below Product page
- Salaried (serving personnel) Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by BOBCARD in the documents read
- the card network
- a RuPay variant for UPI
- an income criterion
Where BOBCARD’s documents differ, and what is used
- Accelerated cap: the product page gives 1,000 points a month; the features terms (15 July 2026) give 1,000 points a statement cycle.
- An older, undated 5X terms document still linked (without visible text) from the VIKRAM page lists department stores (5311) and grocery stores (5411) for 5X; the features terms of 15 July 2026 list department stores and movies (7832), and BOBCARD's Annexure 1 gives no points at all on MCC 5411. The newer terms are used.
The quotes behind the figures
36 figures, each copied from an official BOBCARD document.
Show every quote and source
“Lifetime Free. No joining fee and no annual fees.”
“Goods & Services Tax 18%”
“Yoddha, The Sentinel, Rakshamah, Vikram: 3.00% of transaction amount”
“All your accumulated reward points can be redeemed for cashback @ 1 reward point = ₹0.25”
“1 reward point for every ₹100 spent on any other category*.”
“Vikram 1 RP per ₹100”
“Business Empower, Corporate, ConQR, CMA One, ICAI, ICSI Diamond, RRB & Nainital bank, Varunah, Vikram and UJJIVAN-SFB Platinum 1 RP per 100”
“Fuel transactions don't accrue/ earn any reward points on any BOBCARD except HPCL Energie BOBCARD”
“Spends on special categories (MCC's) listed in annexure 1 won't qualify for accelerated or core reward points feature.”
“Table 2: Select list of MCC (Merchant Category Code) where Cardholder will not earn any Reward points/ Loyalty benefits.”
“Transportation (Passenger Transportation, Passenger Railways, Bus services, Toll and road and Bridge Fees and Transportation Services - Not Elsewhere Classified) Rent Cleaning and Maintenance, laundry, Personal services (Beauty parlour, barber, Legal and CIVIC services etc) Government Education Hospital Wallet”
“Supermarket and convenience store, Variety Stores, Retail Store Insurance Charity Fast food restaurants”
“Yoddha NIL NIL The Sentinel NIL NIL Rakshamah NIL NIL Vikram NIL NIL”
“UPI transactions do not qualify for bonus rewards.”
“All other credit cards: 1% of fuel transaction amount surcharge waived for fuel transactions between ₹400 to ₹5000 (subject to maximum of ₹250 per statement)”
“**The GST component is not reversed.”
“Get up to 3-lifetime free add-on cards for your spouse, parents, siblings, or kids (above age 18).”
“Grocery Stores - 5411”
“Credit Card on UPI transactions are not eligible for Accelerated Reward Points /benefit.”
“Rewards Redemption Fees No Fee”
“Minimum reward points required for redemption against Card statement is 1000 Reward Points.”
“Reward Points will be accrued/earned for transaction where transaction amount is Rs.100 or higher i.e., transactions below Rs. 100 will not earn any Reward Points.”
“Reward Points are valid only for 2 years from the date of accumulation”
“All other cards (except Uni, Scapia, Etihad, Ujjivan Small finance bank): 500 Reward points on spending Rs. 5000 in first 60 days of card issuance.”
“*Please note that 5X Reward Points are subject to maximum of 1,000 Reward Points per month”
“Vikram Departmental store: 5311 Movies: 7832 1000 Reward points”
“any spends on 5X spend categories beyond threshold spends will accrue points as per regular rate i.e. 1 RP for every ₹ 100.”
“1% fuel surcharge waiver** at all fuel stations across India on transactions between ₹400 and ₹5,000 (Max. ₹250 per statement cycle).”
“500 Reward Points on spent of ₹5,000 within 60 days of card issuance.”
“Thrill yourself with 5X Rewards* i.e. 5 Reward Points per ₹100 on movies and departmental stores”
“Complimentary 3 Months JioHotstar subscription on first transaction within the first 30 days of card issuance.”
“Get free personal accidental death cover to ensure the financial protection of your family (Air / non-air: ₹20,00,000).”
“Vikram 8 points for every Rs.100 20 points for every Rs.100”
“Age: For Salaried : 18 to 60 years (Primary Cardholder).”
“Compliment your lifestyle with privileged membership and always-on savings and rewards on spends. Apply Now”
“Designated Personnel of our Defence Forces”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with BOBCARD or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is BOBCARD’s own file from its website, unaltered, fetched 2026-10-16. Methodology