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Bank of India launches
international gold card
Our Banking
Bureau
22 March 2005
 Bank
of India has launched its 'international gold credit card' for overseas travellers,
'gold international card' in association with VISA International. The card
has no enrolment fees and an annual membership fee of Rs1,500. The card stipulates
a minimum annual income of Rs150,000. The Card is also issued to corporates
as a corporate card. It comes with a revolving credit facility at 1.70 per
cent, claimed by the bank to be, perhaps, the lowest in the industry. All
regular features such as conversion to EMI, balance transfer facility, reward
points and accidental insurance etc are built in to the card. With
a view to regain its pre-eminent position in the credit card industry in the
country BoI has also repositioned its other credit  cards.
Its flagship card, the India Card, and other credit cards are now also available
at a revolving credit rate of 1.7 per cent. List
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