Bank of Baroda CMA One Credit Card: Benefits & Apply

Summary

The Bank of Baroda CMA One Credit Card is a unique financial card for Cost and Management Accountants (CMAs). It carries numerous rewards, discounts, and monetary advantages, hence it is a significant card for professionals.

One of the biggest advantages of this card is that it has reward points. The user of the card gets 5 reward points when they spend on departmental stores, groceries, and cinema tickets, while the rest of the spend is eligible for 1 reward point for ₹100. For each reward point, the value is ₹0.25 and there is no expiry date on the points to use, and hence the user can use the points at his/her own suitable time.

The card provides a 1% fuel surcharge refund on spends between ₹400 and ₹5,000 at Indian fuel pumps, reducing customers’ expenditure on fuel consumption. It also facilitates contactless payments with the benefit of making transactions of up to ₹5,000 without a PIN, making the purchase quick and secure.

Introduction

Bank of Baroda CMA One Credit Card is a unique offering for business people who want to manage their everyday expenses smartly. BoB CMA One Credit Card is specially designed keeping in mind Chartered Accountants (CAs) and their business needs. It not only provides better control over business expenses but also offers many additional benefits that make it different from other credit cards.

Through the credit card, the customer gets the benefit of several cashbacks, reward points, and great discounts. Along with this, the limit and flexibility of the BoB CMA One Credit Card makes it very suitable for business expenses. If you often make business purchases or are on the go, then the BoB CMA One Credit Card can prove to be very useful for you.

Bank of Baroda also offers free credit periods to customers in its BoB CMA One Credit Card, so that you can manage your expenses without paying interest. Apart from this, additional benefits are available on different shopping portals and retail stores through the BoB CMA One Credit Card, which can help you save a lot on your expenses.

In today’s article, we will discuss in detail about BoB CMA One Credit Card. In which we will tell you in detail about its benefits. Along with this, we will also discuss the fees of BoB CMA One Credit Card in this article and will also discuss in detail how to apply for it. Therefore, read this article till the end so that you do not face any problems later.

What is the Bank of Baroda CMA One Credit Card?

The Credit Card is a special credit card that is meant for Chartered Accountants (CAs). The BoB CMA One Credit Card allows the convenience of both business and personal expense management by CAs. The BoB CMA One Credit Card has various benefits and features like cashback, reward points, and offers.

Besides this, BoB CMA One Credit Card also provides extra discounts on various shopping, travel, and online shopping. Bank of Baroda CMA One Credit Card is a beneficial and easy financial option for CAs, simplifying their expenses with comfort and convenience.

What is the design of the Bank of Baroda CMA One Credit Card?

The Bank of Baroda CMA One Credit Card has a professional and sophisticated look as per its premium benefits for Cost and Management Accountants (CMAs). The card has of premium and sophisticated look, with a combination of fashionable colors and a glossy finish.

The Bank of Baroda logo is printed on the card and the CMA Institute branding to commemorate the alliance. The look is professional and business-like, suitable for finance professionals looking for a chic and functional credit card.

What are the benefits of the Bank of Baroda CMA One Credit Card?

The following are the important advantages of actual reward points:

1. Earn Reward Points on All Spend

• 5 reward points per ₹100spentd at departmental stores, cinemas, and grocery.

• 1 reward point for every ₹100 spent on all other spends.

• 1 reward point = ₹0.25 while redeeming.

2. Waiver of Fuel Surcharge

• Get a 1% refund of fuel surcharge on spends between ₹400 to ₹5,000 at any Indian fuel station.

3. Contactless Payment

• Tap and pay without PIN for up to ₹5,000 transactions, making payments faster and more secure.

4. Lifetime Free Card

• No membership fees or joining fees, thus a cost-effective card.

5. Global Acceptance

• Make card payments in India and abroad wherever Visa or Mastercard is accepted.

What are the Bank of Baroda CMA One Credit Card fees?

Here is a simple BoB CMA One Credit Card fee breakup.

Joining Fee	NIL
Annual Fee	NIL
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	If you don’t pay your bill in full, 3.5% per month (42% annually) on 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 – NilRs. 101 – Rs. 500 – Rs. 150Rs. 501 – Rs. 5,000 – Rs. 500Rs. 5,001 – Rs. 20,000 – Rs. 750Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting aaBank of Baroda CMA One Credit Card?

The following are the primary requirements:

1. You must be between 18 and 70 years old to apply for the BoB CMA One Credit Card.

2. The income requirement differs according to your employment status:

• Self-Employed Professionals: A minimum Annual income of Rs 1,00,000 usually does the job.

3. A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that the approval probability is increased.

4. Your credit score plays a role in the selection process. Bank of Baroda tends to favor borrowers with a better credit score, usually above 750. 

5. You must be an Indian resident and have valid address proof within the country. 

6. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.

7. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get a Bank of Baroda CMA One Credit Card?

The documents that you will have to submit to Get a BoB CMA One Credit Card are as below:

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 employee Bank statement for the last 3 months ITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the Bank of Baroda CMA One Credit Card be used?

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

• With the BoB CMA One 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, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.

• 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, as well as to 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 BoB CMA One Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

• The BoB CMA One Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the Bank of Baroda CMA One Credit Card?

The credit amount you can spend is what you are provided with a BoB CMA One 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 Ba ank of Baroda CMA One 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 the Bank of Baroda; for instance, you can choose the Bank of Baroda CMA One Credit Card.

• Just hover your cursor on the BoB CMA One Credit Card, followed by selecting ‘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 submitting 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 BoB CMA One Credit Card.

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

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

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

• 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 BoB CMA One Credit Card by post at the same postal address.

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

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

Would getting a Bank of Baroda CMA One Credit Card in 2025 be right?

Yes, getting a BoB CMA One Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

Axis Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that 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 very good option in 2025.

Conclusion

BoB CMA One Credit Card is an excellent banking tool for Chartered Accountants and other business persons. Bank of Baroda CMA One Credit Card not only helps in making daily bills but also gives the customer the benefit of special offers, cashback, and reward points. Its versatility and facilities make it stand apart, allowing the customer to keep the expenses under their control as per their needs.

One of the main advantages of Bank of Baroda CMA One Credit Card is that it has a free credit period during which customers are allowed to pay their expenses without having to pay any interest. Besides this, the Bank of Baroda CMA One Credit Card also offers exclusive discounts and offers on various shopping websites and services so that customers can make savings on their payments.

Bank of Baroda CMA One Credit Card not only makes money planning more empowering but also promotes business activities. Bank of Baroda CMA One Credit Card is like a friend of Chartered Accountants, leading them to conduct their business even better.

Frequently Asked Questions (FAQs)