Is the ICSI Diamond BOBCARD Credit Card Worth It?
Enter what you spend where this card pays more, and the benefits you would use. See what it is worth to you in rupees, after its fee.
- 207Cards to check
- FreeCost
- Dining card
- Needs ₹25,000 a month income
- No annual fee
- 0.25% base, up to 1.25% on dining
- 12 lounge visits a year
- Pays in reward points
- online shopping: 1.25% back, up to ₹250 a month
- dining: 1.25% back, up to ₹250 a month
- anyone who wants no annual fee, ever
- flyers: 12 airport lounge visits a year
- spending abroad: 2% markup, most cards add 3.5%
- most of your spending is groceries, fuel, rent or insurance: those earn nothing on this card
- you rarely spend on online shopping, dining or utility bills: the 1.25% rate applies only there, everything else earns 0.25%
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
Your spend a month, by kind
Terms on the normal rate: 1 reward point per ₹100 (~0.25%) on other eligible spends; a long list of MCCs earns nothing
Also earns nothing on: Rail / bus / toll, Fast-food outlets.
Total on the card: ₹0 a month
Abroad and benefits
Every rate on this card, and what your spend earns
| Spend category | Rate | Monthly cap | Where it applies | Your spend earns |
|---|---|---|---|---|
| UPI payments (scan and pay) | 0.25% | No cap | The card's normal rate | - |
| Online shopping | 1.25% | ₹250, shared with other bonus rates | All merchants in the categoryTerms: 5 points per ₹100 (~1.25%) on online spends, under a 1,000-point/statement cap SHARED with dining and utilities; past it, spends drop to 1 point per ₹100. UPI spends earn core points only | - |
| Dining and food delivery | 1.25% | ₹250, shared with other bonus rates | All merchants in the categoryTerms: 5 points per ₹100 (~1.25%) on dining, under a 1,000-point/statement cap SHARED with online and utilities; past it, spends drop to 1 point per ₹100. Fast-food outlets (MCC 5814) earn nothing | - |
| Groceries | Earns nothing | - | earns nothing on this card | - |
| Travel: flights, hotels, trains | 0.25% | No cap | The card's normal rate | - |
| Fuel | Earns nothing | - | earns nothing on this card | - |
| Bills and recharges | 1.25% | ₹250, shared with other bonus rates | All merchants in the categoryTerms: 5 points per ₹100 (~1.25%) on utility bills, under a 1,000-point/statement cap SHARED with dining and online; past it, spends drop to 1 point per ₹100. Utility spends of ₹50,000+ attract a 1% fee | - |
| Rent | Earns nothing | - | earns nothing on this card | - |
| Insurance premiums | Earns nothing | - | earns nothing on this card | - |
| School and college fees | Earns nothing | - | earns nothing on this card | - |
| Wallet top-ups | Earns nothing | - | earns nothing on this card | - |
| Taxes and government payments | Earns nothing | - | earns nothing on this card | - |
| Spend abroad or in a foreign currency | 0.25% | No cap | The card's normal rate | - |
| Everything else | 0.25% | No cap | The card's normal rate | - |
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Common Questions
When is a credit card worth its annual fee?
When the rewards you actually earn in a year are more than the fee plus 18% GST, or when you spend enough for the bank to waive the fee. This calculator works out both from the card's own published terms.
Why is GST added to the fee?
Card fees carry 18% GST, so a ₹1,000 fee costs ₹1,180. Where the bank already quotes the fee with GST, it is not added twice.
What does 'capped' mean?
Many cards limit the reward you can earn in a month in a category. Spending above the cap earns nothing extra, so the calculator stops counting there.
Is a lifetime free card always better?
Not always. A paid card with higher rewards can leave you with more once you spend enough. The break-even line shows the monthly spend where that starts.
