To be able to use a credit card that will benefit you is one of the great things of having one at your disposal. And if you can increase the reward points that are involved in using it, it will be even better for you.
At the Oriental Bank of Commerce, you can actually increase your rewards to 10 times the basic rewards you would earn. And this means more money to spend in the form of cashback rewards or in any other way.
We take a look at how you can achieve this and is this credit card of greater benefit to you.
Features
You get the utility bill payment facility where you can pay all your utility bills with the credit card and many more. You can loan against the credit card for business purposes. The credit available on the card can be used as working capital for many different professional applications.
You will get competitive interest rates on loans and credit on the credit card. In conjunction with the SBI card, you can use it to pay utility bills. The cardholder can also receive fuel surcharge waivers on transactions exceeding certain amounts.
This credit card can be used all over the world instead of currency for your safety and convenience. You also have quite a large reward catalog where you can choose where you want to spend the rewards.
How To Apply
There are a number of ways to redeem your reward points at the Oriental Bank of Commerce on your credit card.
You can apply for your rewards online at the following website and then choose the reward option. From there, you need to follow the easy onscreen instructions to receive your reward points.
Or you can apply for your reward points offline by contacting the rewards SBI card helpline number at 39 02 02 02 (prefix local STD code) 1860 180 1290.
The other way to apply for your reward points is to send them a post at the following address: PO Box 28, GPO, New Delhi – 110001.
How To Get Up To 10 x Reward Points
With the OBC credit card, you can earn great rewards by using it for all of your expenses and living costs. With the OBC SBI credit card, you can get up to 10 x the reward points for the accelerated reward type.
There are many different reward types available, depending on what you might use your credit card for. You also get a welcome bonus of 2000 reward points when you first receive your credit card from OBC Bank.
Who Is Eligible?
To apply for a credit card at the Oriental Bank of Commerce, you must be 24 to 60 years of age, and that is only a few of the rules.
It will also count in your favor if you are working for an employer with a good reputation when applying for a credit card at OBC. You must have a permanent address, and you must have proof of that if you want to apply for a credit card.
Applicants must also have a valid ID document to prove that you are a citizen when you apply for a credit card at OBC. And you must have a good credit record to be eligible for a credit card.
Fees And Interest
With the credit card from OBC, there are different fees and APR involved, and the annual fees are as follows.
The joining fee is Rs 499, and the annual fee will be from Rs 499 per year to Rs 2999 per year, depending on the type of credit card.
For the APR, it might run from base 11.29 percent to up to 40.2 percent per year, but this all depends on the card type.
Bank Contact Info
The Oriental Bank of Commerce Customer Care Numbers List is as follows.
Toll-Free Number: 1800-180-1235
Debit Card Blocking: 1800-180-1235
Grievance Redressal: 0124-4126371
ORIENTAL BANK OF COMMERCE OFFICE: PO BOX: 103946, Mohd. Sultan Belshaat Building, Kuwait Street, Near Karama Centre, Al Karama, DUBAI-UAE
Tel: +9714 3975920, FAX: +9714 3975921, Mobile: +971 50 2549404
E-mail: obcdubai@yahoo.com
Summary
As you can see, there are quite a number of rewards connected to the credit cards that are issued by OBC. And you might earn a lot of reward points by using this credit card on your everyday expenses.
Note: It is imperative to keep in mind that there are risks involved with any type of credit card from all finance institutes. And you should take a look at the terms and conditions of the Oriental Bank of Commerce so you can know the risks.