BOBCARD CMA One Credit Card (For ICMAI Professionals): Fees, Rewards & Real Value

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BOBCARD CMA One Credit Card Review (For ICMAI Professionals)

Profession-exclusive co-brand from BOBCARD designed for ICMAI (Cost Management Accountants) members. 5X rewards on dining/online/utility, 12 domestic lounges/year, 2% preferential forex, FITPASS PRO 1-yr complimentary, and Professional Indemnity insurance. Verified Apr 2026 against the official BOBCARD product page.

For ICMAI members only5X RP on dining/online/utility12 lounges/year2% preferential forexProfessional Indemnity ₹5L
Eligibility
Resident Indian · Active ICMAI member · 21–75 years (salaried & self-employed)
Reward base
1 RP per ₹100 on all other categories (excl. fuel)
Reward accelerator
5X RP (5 RP/₹100) on dining, online & utility bills
5X cap
1,000 RP per statement cycle
RP value
1 RP = ₹0.25 (cashback redemption)
Forex markup
2% (preferential)

Quick take

The CMA One BOBCARD is a profession-exclusive product available only to active ICMAI (Institute of Cost Accountants of India) members. It bundles a 5X reward accelerator on three high-frequency online/utility/dining categories, a serious lounge package (12 domestic visits/year, 3/quarter), preferential 2% forex markup. And a complimentary 1-year FITPASS PRO membership marketed at ₹48,000 retail value. The Professional Indemnity insurance cover (₹5 lakh) is the rare profession-specific perk you don't find on generic premium cards.

Reward structure

CategoryReward rateCap
Dining, Online, Utility bills5 RP per ₹100 (5X)1,000 RP per statement cycle
All other categories1 RP per ₹100
Fuel0 RP (excluded)
Redemption1 RP = ₹0.25 cashback

Travel & lifestyle benefits

  • 12 complimentary domestic airport lounge visits per year (3 per quarter) at partner lounges
  • 2% preferential forex markup on international transactions (vs typical 3.5%)
  • Complimentary 12-month FITPASS PRO Membership (issuer-stated retail value ₹48,000)
  • Smart EMI option on transactions above ₹2,500 (6-48 month tenures)
  • Up to 3 lifetime-free add-on cards for spouse, parents, siblings or kids (18+)
  • Contactless tap-and-pay enabled

Insurance cover

CoverSum insured
Professional Indemnity InsuranceUp to ₹5,00,000
Air accident death cover₹15,00,000
Non-air accident death cover₹5,00,000
Lost-card liabilityZero (after reporting)

Eligibility

  • Resident of India
  • All eligible & active members of ICMAI
  • Age: 21–75 years (salaried & self-employed)
  • Documents: KYC docs · PAN · ICMAI Membership Card photocopy · latest salary slip / ITR
Verify joining/annual fee in MITC: The current BOBCARD CMA One landing page emphasises benefits but does not prominently expose the joining/annual fee schedule. Check the latest CMA One MITC PDF on bobcard.co.in or call BOBCARD customer support before applying.

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