BOB’s BOBCARD Launched High-End Credit Card “ETERNA” on RuPay Network

Current Context: Bank of Baroda’s BOBCARD has launched a high-end credit card called ETERNA on the RuPay network. This luxury credit card was introduced at the Global Fintech Festival 2024 and is designed to cater to India’s growing luxury market.

• Key Features of the ETERNA Credit Card:
• Annual Fee: ₹2,499
• Welcome Perk: Worth ₹15,000
• Rewards: Accelerated rewards on luxury shopping, 1+1 movie ticket every month, and spend-based fee waivers
• Travel Benefits: Unlimited domestic airport lounge access and complimentary golf games or lessons
• Forex Markup: Lowest in its category
• UPI Convenience: Can be linked with UPI apps like Google Pay, PhonePe, and Paytm
• This card aims to provide a blend of luxury and convenience, making it an attractive option for those who frequently travel and indulge in luxury shopping.

Question:

1 Which of the following features allows the ETERNA credit card by Bank of Baroda to be linked with UPI apps?

• A) Contactless payments
• B) NFC technology
• C) UPI convenience
• D) Virtual card

Answer: C) The ETERNA credit card can be linked with UPI apps like Google Pay, PhonePe, and Paytm due to its UPI convenience feature.