Bank of Baroda Vikram Credit Card: Features & Benefits

Summary

Bank of Baroda Vikram Credit Card is a reward-loaded card for reward lovers. It provides a rewarding 5X reward points on travel, dining, and online shopping, ideal for frequent shoppers and travelers. For all other purchases, 1 reward point is earned on every ₹100 spent, providing benefits on every purchase. The reward points can be redeemed as gift vouchers, travel tickets, etc.

One of the finest benefits of the card is the 1% fuel surcharge rebate on fuel transactions of ₹400 to ₹5,000, saving money on fuel. The facility of contactless payment also enables users to make quick and secure payments without inserting a PIN for small spending. The card also provides an interest-free period of up to 50 days, allowing users to budget properly.

Accepted everywhere, the Bank of Baroda Vikram Card is accepted by millions of merchants around the world, making domestic and international payments easy. The card’s EMV chip security ensures secure payments and reduces the risk of fraud.

Introduction

Bank of Baroda Vikram Credit Card is a credit card designed specifically for those who want to manage their daily expenses smartly. The Vikram Credit Card was launched by the Bank of Baroda and comes with several great features and benefits. Vikram Credit Card offers customers cashback, reward points, and special discounts, which can help save money on shopping, travel, and other expenses.

With a credit card, you can not only improve your credit score but also enjoy both online and offline shopping with ease. The biggest advantage of the Vikram Credit Card is that it offers you a free credit period, allowing you to pay off your dues without any additional interest. Apart from this, the annual fee of the Bank of Baroda Vikram Card is also very affordable, making it suitable for all categories of people.

Through the Vikram Credit Card, you also get reward points, which you can later redeem in the form of cashback, gift vouchers, or other special offers. If you like to travel or want to divide big expenses into easy installments, then this facility is also available in the Bank of Baroda Vikram Card. Along with this, through the Vikram Credit Card, you get special discounts on shopping, dining, and entertainment.

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

What is the Bank of Baroda Vikram Credit Card?

Credit cards a high-end credit cards, that have been introduced by the Bank of Baroda keeping in view the daily financial needs of the customers. Bank of Baroda Vikram Card gives you numerous benefits and rewards on shopping, bill payments, travel, and other spending.

With the Vikram Credit Card, you get cashback, reward points, and special discounts, which can make your expenses even more economical. Additionally, the Vikram Credit Card also gives you an interest-free credit period, i.e., you can pay your bills interest-free for some time. 

What is the design of the Bank of Baroda Vikram Credit Card?

The Credit Card looks stylish. The card features a dark-colored, sophisticated background with trendy designs. The Bank of Baroda logo is embossed in the top left corner, whereas the brand name of the Vikram Credit Card is written on the card.

It also has an EMV chip for security purposes and a contactless payment mark for quick payments. The aesthetic is premium in quality and professionalism, making it a user favorite.

What are the benefits of the Bank of Baroda Vikram Credit Card?

Here are the primary benefits:

1. Reward Points

• Get 5X Reward Points per ₹100 spent on dining, travel, and online spending.

• Get 1 Reward Point per ₹100spentd on other expenses.

• Get the reward points redeemed to obtain gift vouchers, travel tickets, etc.

2. Waiver of Fuel Surcharge

• Avail a 1% waiver of fuel surcharge on spends between ₹400 and ₹5,000.

3. Tap & Pay Facility

• Tap & pay facility for fast and safe payments.

4. Interest-Free Credit

• Interest-free credit of up to 50 days on purchases.

5. Acceptance Anywhere in the World

• Pay at millions of merchants across the world.

What are the Bank of Baroda Vikram Credit Card fees?

Here is a simple 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 a Bank of Baroda Vikram Credit Card?

The following are the primary requirements:

1. To apply for the Bank of Baroda Vikram Card, you must be between 18 and 70 years old.

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 Vikram Credit Card?

The documents that you will have to submit to Get a 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 Vikram Credit Card be used?

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

• With the Vikram 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 Vikram Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

• The Bank of Baroda Vikram 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 Vikram Credit Card?

The credit amount you can spend is what you are provided with a Vikram 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 Bank of Baroda Vikram 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 Vikram Credit Card.

• Just hover your cursor on the Bank of Baroda Vikram 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 Credit Card.

• Request for the credit card application form for the Vikram 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 Vikram 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 Vikram Credit Card in 2025 be right?

Yes, getting a Bank of Baroda Vikram 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

The Bank of Baroda Vikram Credit Card is an excellent choice for those looking to manage their spending while enjoying a wide range of benefits. With this credit card, you receive discounts on shopping, travel, and bill payments, along with cashback and reward points that help you save money on everyday expenses. Its interest-free credit period allows you to pay your debts within a specific timeframe, enhancing its appeal even further.

Vikram Credit Card is also highly convenient to carry and use, and its annual fee is also highly low, making it easy for people belonging to all classes. Its EMI facility that it offers lets you convert to easy monthly payables, alleviating your spending burden. By Vikram Credit Card, you enjoy Bank of Baroda’s wide outreach and reliable service, keeping your finances and convenience safe.

Overall, the Bank of Baroda Vikram Card is the best choice for those who want to enjoy diverse benefits and facilities on a single card. If you want to economize your daily expenses or divide big spending into easy installments, the Bank of Baroda Vikram Card can ease your financial path and make it fruitful. If you are in search of a safe, convenient, and profitable credit card, the Bank of Baroda Vikram Card can be an ideal choice to meet your needs.

Frequently Asked Questions (FAQ’s)