CMA One BOBCARD Credit Card: Benefits & Apply

Summary

Designed by BOBCARD Limited in collaboration with The Institute of Cost Accountants of India (ICMAI), the CMA One BOBCARD Credit Card is a customized credit card. It is meant only for CMA professionals looking for a consistent, fairly cost, fulfilling credit card experience. From the beginning, the card is special since it offers zero membership fees, low yearly rates, and amazing reward points on consistent purchases. This suggests that even if you keep your spending under control, you will benefit greatly from it.

Additionally featured on the card are various easy-to-use features such as fuel surcharge exemptions, simple EMIs conversions, and contactless payment options. Apart from daily use, these features make the card ideal for more important personal or professional expenditures. Apart from this, the card has a sleek and businesslike design using EMV chip technology to enhance security. It assures you that your transactions are safe, whether you purchase offline or online.

Moreover, the global acceptance of the card shows that you can use it for both home and overseas transactions. 24/7 customer care assures us that help is always available when required. Moreover, the simple online application process facilitates qualified CMA members’ freewithoutm any challenges application process.

Introduction

In the fast-paced environment of today, a dependable credit card is not just a convenience but also a need. A decent credit card will enable you to manage your daily costs, pay your energy bills, book travel tickets, or shop online—all of which require different handling. Among professionals, particularly cost accountants, the CMA One BOBCARD Credit Card is one credit card that is becoming rather popular.

First of all, the CMA One BOBCARD Credit Card is quite reasonably priced for first-time cardholders since it is made to provide outstanding benefits at zero joining charges. The annual charge is also low, and in many cases it is waived altogether depending on your annual expenditure—this allows you to use the card almost free. Professionals seeking a fulfilling credit experience will also find the card to be wise since it comes loaded with reward points, EMI alternatives, fuel surcharge exemptions, and contactless payments.

Moreover, the card is accepted both online and offline in millions of stores all over. The CMA One BOBCARD Credit Card guarantees a seamless and safe transaction, whether your expenses are groceries, medical bills, or airplane tickets. Every qualified purchase earns reward points as well, which you may later use for fantastic presents, vouchers, or bill credit. Your daily expenses become worthwhile savings over time.

Apart from that, the application procedure for this card is quite easy and can be completed online with convenience. One does not have to physically visit the bank location. You may apply with just a few documents like ID proof, residence proof, and income proof, as long as you are a qualified member of ICMAI and satisfy the eligibility conditions, including income and credit score requirements. The digital KYC process speeds up the approval even more, ensuring a hassle-free experience.

What is the CMA One BOBCARD Credit Card?

Launched in collaboration with the Institute of Cost Accountants of India (ICMAI), the CMA One BOBCARD Credit Card is a special credit card produced by BOBCARD Limited, a Bank of Baroda division. Members meant for this card are just ICMAI, sometimes referred to as CMAs. Stated differently, it is meant especially for cost accountants, registered institute members, not a credit card for everyone.

Today, this card is special since it combines the particular financial needs of CMA professionals with the confidence of Bank of Baroda. It provides zero membership fees, attractive incentives appropriate for the lifestyle and spending patterns of cost accountants, different from other credit cards. One can also use it for bill payment, shopping, internet buying, and even foreign transactions.

How is the design of the CMA One BOBCARD Credit Card?

The design of the CMA One BOBCARD Credit Card is appealing yet businesslike. The card first seems to be modern and tidy, which fits the profile of cost accountants. Its official logo of the Institute of Cost Accountants of India (ICMAI), as well as BOBCARD branding, gives it a premium and distinctive sense.

Moreover, the smart color mix of the card distinguishes it from regular credit cards. Simple but aesthetically appealing, the layout prominently shows the name, card number, and validity clearly displayed cardholder. This not only makes the card look better but also ensures that all vital information on it is just readable.

What are the benefits of the CMA One BOBCARD Credit Card?

Let’s go through the main advantages one by one using straightforward language:

1. Zero Joining Fees:

First of all, the card comes without a registration charge, thus you may start using it without spending anything beforehand. This makes it quite a reasonable cost, particularly for first-time credit card users.

2. Low annual fee with waiver choice

Even better is that, should you spend a specific amount annually, the yearly charge is likewise really small and can be waived off. This implies that, should you make regular card use, you might not have to pay any annual fees at all.

3. Point System for Rewards on Every Purchase

This card offers one of the main benefits in that every qualified transaction results in reward points. Later redemption for fantastic gifts, certificates, or cashback can be done from these points. You therefore save the more you spend.

4. Waiver of Fuel Surcharge

At petrol stations throughout India, you also enjoy relief from fuel surcharges. Every time you refill your car, this helps you save money, especially helpful for professionals who travel regularly.

5. EMI Building

The card lets you turn large purchases into Equated Monthly Installments. This means that, should you purchase something costly, you can pay in simple monthly installments instead of paying the whole amount at once.

6. International Acceptance

Millions of stores, both online and physical, accept this credit card. So whether you’re shopping from a local store or an international website, this card has you covered.

7. Contactless Payment Methodology

Tap-and-pay technology is included on the CMA One BOBCARD. This means you can simply wave your card at the machine to make payments—faster and safer with no need to swipe or enter your PIN for small purchases.

What are the fees for the CMA One BOBCARD Credit Card?

Here is a simple breakdown of the  CMA One BOBCARD Credit Card fee.

Joining Fee	₹1 + GST
Annual Fee	Nil
Add-on Card Fee	No additional charges for family members’ cards.
Finance Charges	If you don’t pay your bill in full, a charge of 3.49% per month (41.88 % annually) is applied to the outstanding balance.
Cash Advance Fee	2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – Nil Rs. 101 – Rs. 500 – Rs. 150 Rs. 501 – Rs. 5,000 – Rs. 500 Rs. 5,001 – Rs. 20,000 – Rs. 750 Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting a CMA One BOBCARD Credit Card?

1. Age Requirement:

• You should be between 18 and 65 years of age.

2. Income Requirement:

• Salaried Applicants: A minimum net monthly income is required; however, the bank determines the specific amount, which may vary based on the applicant’s profile.

• Self-Employed Applicants: A minimum ITR amount is required; the bank determines the specific amount and may vary depending on the applicant.

3. Employment Status:

• You should have a regular job or business with a fixed income source.

4. Credit Score:

• A CIBIL score of 700 and above is preferred for sanction.

5. Residency:

• You should be an Indian resident and have proof of a valid address.

What documents are required to get a CMA One BOBCARD Credit Card?

The documents that you will have to submit to get the CMA One BOBCARD Credit Card are as follows:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Utility bills like electricity, water, etcRent agreement, Bank statement, or passbook with your address
Income Proof	Salary slip for the last 3 months, if you are a salaried employeeBank statement for the previous 3 monthsITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the CMA One BOBCARD Credit Card be used?

Here is the list of places where you can use it:

• With the CMA One BOBCARD Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

• You can also use it on websites like Amazon and Flipkart, and make bookings on websites like MakeMyTrip and Yatra.

• You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

• You can use it to book flight, train, or bus tickets and pay for taxi, Uber, Ola, or hotel bookings.

• You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

• You can use your  CMA One BOBCARD Credit Card to pay for expensive electronics or appliances through easy monthly installments (EMIs).

• The CMA One BOBCARD Credit Card is also accepted in other countries, allowing you to make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the CMA One BOBCARD Credit Card?

The credit amount you can spend is what you are provided with when you have a CMA One BOBCARD Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another, or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit, then penalties get added, and your credit score also goes down.

How do you apply for a CMA One BOBCARD Credit Card?

Apply it through both these modes: 

Online Application Process:

• Visit the official website of the Bank of Baroda, i.e. 

• Go to ‘Cards’, followed by ‘Credit Cards’.

• On that page, you can see numerous options for credit cards issued by Bank of Baroda; for instance, you can choose the CMA One BOBCARD Credit Card.

• Simply hover your cursor over the CMA One BOBCARD Credit Card and select ‘Apply Now‘ from there.

• You will be asked to fill out your details, including your name, contact information, income details, and employment status.

• Be accurate and updated with the information provided.

• You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.

• After filling out the details and uploading the documents, review your application to make sure everything is correct.

• Apply online through the application form.

• The bank will check your application after you submit it. They can ask for extra documents or information if required.

• You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process:

• You can walk into the nearest Bank of Baroda branch to apply for the CMA One BOBCARD Credit Card.

• Request the credit card application form for the  CMA One BOBCARD Credit Card. They will provide you with the form and proceed accordingly.

• Fill in the details in the application form wherever it is required. Care should be taken to ensure that all the information about personal details, income, and jobs provided by the applicant is correct.

• Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and a passport photograph.

• Your application will be processed, and your information will be cross-checked at the bank level.

• In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

• You will receive the  CMA One BOBCARD Credit Card by post at the same postal address.

• Once you receive your card, you need to activate it by following the instructions in the envelope through the Bank of Baroda Card website, mobile app, or customer service.

• For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting a CMA One BOBCARD Credit Card in 2025 be the right choice?

Obtaining the CMA One BOBCARD Credit Card in 2025 can be a good option if you require a credit card with excellent offers, especially for those who shop for lifestyle products. The reward is amazing and comes with purchasing items such as jewelry. The bank also provides discounts and easy access to the EMI facility. 

Bank of Baroda is also a strong bank with high customer service, so it is dependable. But don’t forget that you should ensure you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a perfect option in 2025.

Conclusion

Ultimately, especially for members of the Institute of Cost Accountants of India (ICMAI), the CMA One BOBCARD Credit Card is a professionally crafted credit card with a great spectrum of features, rewards, and financial simplicity. This card separates itself from the others right away with its low annual rates, $0 registration fees, and reward point system that values every rupee spent more highly. It provides basic EMI options, contactless payment methods, and gasoline price exemption to let daily purchases be even more simplified.

Furthermore, as we have shown, the card guarantees worldwide acceptance, so it might be used hassle-free both in India and elsewhere. Moreover, guaranteed by the EMV chip technology is security and protection against every transaction use. In the digital age of today, when financial stability takes front stage, this is especially vital. Apart from these aspects, the 24/7 customer support system provides cardholders peace of mind knowing that aid is always ready should any problem arise.

Besides, this credit card looks quite appealing since it is only meant for CMA experts. This qualifies this as a special gift that appreciates their effort, provides real benefits fit for their way of life, and helps their financial status. Unlike normal credit cards that might not fit certain professional standards, the CMA One BOBCARD offers what reasonably known cost accountants need.

Frequently Asked Questions (FAQ’s)