In the modern financial market, public sector banks are continuously offering new and attractive options for credit card using customers. In this context, co-branded credit cards specially launched by Bank of Maharashtra for its customers are in the news these days. If you are also looking for a credit card that offers excellent reward points, cashback and other facilities at low cost, then this card from Bank of Maharashtra can prove to be a great option for you. The 2,000 bonus reward points and other exciting benefits available on this card have attracted the attention of customers in the market. What is this great offer of 2,000 Bonus Reward Points? The biggest feature of this popular credit card from Bank of Maharashtra (like the co-branded SimplySAVE variant) is its Welcome or Extravaganza Offer. As per the bank's rules, if a new customer spends a total of Rs 2,000 or more within the first 60 days of getting the card, he is immediately gifted 2,000 bonus reward points. With the help of these reward points, customers can pay their credit card bills or choose items of their choice from the attractive gift catalogue. Apart from this, customers get 10X more reward points than usual on spending on dining, movies, grocery and departmental stores, further increasing the scope of savings. What is the annual and renewal fee of this credit card? While choosing any credit card, it is most important to know about its fees and charges. The fees of this card of Bank of Maharashtra have been kept very affordable: Annual Fee (One-Time): To get this card, you usually have to pay a fee of Rs 499 plus taxes. Renewal Fee: From the second year onwards this fee is Rs 499 per year plus tax. Fee waiver rule (Spend-based Reversal): If you make a total purchase of Rs 1,00,000 or more through this card during the last one year, then your next year's renewal fee is completely waived off (Reversal) by the bank. Add-on Card: Add-on card for family members is absolutely free (Nil). Fuel Surcharge Waiver and Other Useful Features To provide relief to the common man amid rising fuel prices, this card also offers excellent fuel surcharge waivers. Fuel surcharge of 1% is completely waived on fuel transactions ranging from Rs 500 to Rs 3,000 at any petrol pump in the country. This results in substantial savings every month up to a certain limit. Apart from this, customers also get the benefit of special discounts and partner offers on travel, lifestyle and shopping brands across the country and the world. Who should take this credit card and how to apply? If you belong to a middle class family and spend a lot on daily shopping, grocery, fuel and dining, then this credit card of Bank of Maharashtra can prove to be very economical and beneficial for you. Its low annual fees and easily accessible reward points make it pocket-friendly. To get this card, you can contact the nearest branch of Bank of Maharashtra or complete the online application process through their official digital banking website.
