Bank of India · RuPay · Secured (FD), Lifetime free, RuPay on UPI
BOI Swadhan RuPay Platinum Credit Card
Best for secured card against term deposit. 2X reward points on POS and e-commerce
Terms as of 2026-09-27 · Checked 30 September 2026Annual fee
Free
Joining FreeBOI Swadhan RuPay Platinum Credit Card at a glance
Joining feeFree
Annual feeFree
Base reward valueSee rewards
Forex markup—
NetworkRuPay
IssuerBank of India
CategorySecured (FD)
Fee waiverNil
Who it suits: Secured card against term deposit
Rewards & cashback
| Details | |
|---|---|
| How you earn | 2X reward points on POS and e-commerce |
Travel, lounge & fuel benefits
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | Free + GST |
| Annual / renewal fee | Free + GST |
| Fee waiver | Nil |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Age | 18+ (Visa Platinum 21+) |
| Credit score | 750+ improves approval chances |
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| Scapia Federal Bank | Federal Bank | Free / Free | 2.00% base value | Travellers wanting zero forex and lifetime-free |
| Kiwi YES Bank RuPay Credit Card (Klick) | YES Bank | Free / Free | 1.50% base value | UPI spends on credit |
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| IndusInd Bank Legend | IndusInd Bank | Free / Free | 0.50% base value | Weekend spenders wanting a lifetime-free card with low forex |
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| Kotak NRI Royale Signature | Kotak Mahindra Bank | Free / ₹1,000 | 0.50% base value | NRIs wanting an INR card backed by NRE/NRO FD |
Frequently asked questions
What is the annual fee of the BOI Swadhan RuPay Platinum Credit Card?
Joining fee Free and annual fee Free (plus 18% GST). Nil.
What rewards does it offer?
2X reward points on POS and e-commerce
Is the BOI Swadhan RuPay Platinum Credit Card good for me?
Best for: Secured card against term deposit. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: bankofindia.bank.in, 2026-09-27. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Bank of India’s website before applying. FinancePortal is not affiliated with the issuer.