BOBCARD ICAI Exclusive Credit Card Review
The BOBCARD ICAI Exclusive is a lifetime-free card for members of the Institute of Chartered Accountants of India. Like its CMA sibling, it bundles strong everyday rewards with lounge access, a wellness membership and EMI flexibility — all at no annual cost. Here is the verified review.
- Lifetime-free — zero joining & annual fees
- 5X rewards on dining, utility & online
- 12 domestic lounge visits/year
- 6-month FITPASS Pro membership (worth ₹15,000)
- Up to 3 lifetime-free add-on cards
- Smart EMIs (6–48 months) on spends above ₹2,500
- Eligibility limited to ICAI members
- 1 RP/₹100 on non-bonus categories
- Reward caps may apply — verify
- Best value for dining/online/utility spenders
- RuPay/Visa acceptance abroad varies
Fees & rewards
| Item | Detail |
|---|---|
| Joining/annual fee | Zero (lifetime-free) |
| Dining / utility / online | 5X rewards |
| Other categories | 1 RP per ₹100 |
| Welcome | 500 RP on ₹5,000 in 60 days |
| Quarterly milestone | +4,000 RP on ₹1 lakh spend |
| Lounge | 12/year (3/quarter) |
| Forex markup | 2% (reduced) |
Eligibility & documents
Eligibility
ICAI (CA) members
Fee
Lifetime-free
Add-ons
Up to 3 lifetime-free
Network
Visa / Mastercard
Wellness
6-month FITPASS Pro membership
Documents
ICAI membership card, PAN, Aadhaar, income proof
Rewards & the real value
For CAs, the proposition is similar to the CMA One: 5X rewards on dining, utility and online spends at zero annual cost, 12 lounge visits a year, quarterly milestone points, and useful extras like FITPASS Pro, three free add-ons and Smart EMIs. The 1 RP/₹100 base rate elsewhere is modest, so route your dining/online/utility spends here and keep a flat-rate card for the rest.
Who this card is for
- Best fit: practising CAs who want a free card with lounge access, wellness perks and EMI flexibility.
- Skip if: you’re not an ICAI member or want high flat-rate everyday rewards.
How to apply & how to cancel
Apply: via bobcard.co.in with your ICAI membership card. Cancel: call BOBCARD customer care after clearing dues; redeem points first.
Final verdict
The BOBCARD ICAI Exclusive is a strong, lifetime-free card for Chartered Accountants — 5X on dining/online/utility, 12 lounge visits, FITPASS Pro, free add-ons and flexible EMIs at no annual cost. For eligible CAs it’s excellent value; just pair it with a flat-rate card for non-bonus spends.
Frequently asked questions
Who can apply?
Only ICAI (Chartered Accountant) members, on submitting their ICAI membership card.
Is there any fee?
No — it’s a lifetime-free card with zero joining and annual fees.
What rewards does it earn?
5X rewards on dining, utility and online spends; 1 RP per ₹100 on other categories, plus quarterly milestone points.
Does it offer lounge access?
Yes — 12 complimentary domestic lounge visits a year (3 per quarter).
Data current as of June 2026, cross-checked against BOBCARD and aggregator pages. Confirm current terms on bobcard.co.in before applying.