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Wednesday, Dec 15, 2004

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Money & Banking - Credit Cards & Debit Cards


BoBCards opens one more centre

Our Bureau

MUMBAI: BoBCards has opened a second centre in Malad (east) in Mumbai.

The credit card subsidiary of Bank of Baroda, recently also opened a new centre at Ernakulam, said a press release.

Some of the inaugural offers at the opening of these new area offices are, no annual fees on all cards applied up to March 31, 2005, service charges at a lower rate of 1.99 per cent and no merchant enrolment fee up to March 31, 2005.

The company is undertaking the expansion spree in order to meet its business demands as the credit card industry is growing at the rate of 35 per cent a year, the release said.

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