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Citibank Debit Card

A debit card is also referred to as a payment card or as plastic money. It deducts money from the cardholder’s savings or current account instantly to pay for a purchase that is made. It is very convenient to use as one does not need to carry money or cheques to buy products that are required. It serves two purposes as it allows the individual to withdraw money from ATMs whenever needed and allows the individual to make purchases using a PIN number if needed. It is very similar to a credit card except the money is instantly deducted or transferred from the cardholder’s bank account when a transaction is made.

The use of debit cards is becoming increasingly common across the globe. They are very safe and secure to use. With the advent of the debit card standing at long ATM queues, waiting in line to make utility bill payments and the fear of robbery in the city are all done away with. In addition to all this, a debit card has many more features such as cashbacks, discounts, partner tie-ups, airport lounge access, reward points and so on.

Citibank offers Powerful Debit Card that has its own benefits and features.

Features of Citibank Debit Card

The Citibank Debit Card that is available with their checking accounts, has a great many features and benefits that can be used by the customers.

  • Convenience
  • The cardholder can use his/her Citibank Debit Card instead of cash or cheques as it is accepted at millions of merchants all across the world.

  • Control
  • The cardholder can review his/her debit card purchases and check their monthly statements online whenever needed.

  • Security
  • The Citibank Debit Card is safer to use than carrying money to make purchases. Debit card with chip technology protects the customer’s account information from unauthorized access.

Types of Citibank Debit Cards

1. Debit Card for Non-Resident External Rupee Checking Account

An individual who has a Non-Resident External and Non-Resident Ordinary Rupee Checking Account will receive a debit card and an ATM PIN (Personal Identification Number) for each of these accounts. If the account has many account holders, then each account holder will get a debit card and an ATM PIN. The cardholder can then access his/her account, withdraw money and pay for purchases at certain MasterCard establishments across the globe for online purchases.

The cardholder with the Non-Resident External Rupee Checking Account can withdraw money in the local currency at ATMs globally which have either MasterCard, Maestro or Cirrus logos displayed.

2. Debit Card for Non-Resident Ordinary Rupee Checking Account

The cardholder can use his/her debit card for the Non-Resident Ordinary Rupee Checking Account to access his/her account, withdraw money and pay for purchases at certain MasterCard establishments across the globe for online purchases.

The cardholder with the Non-Resident Ordinary Rupee Checking Account can withdraw money in Indian rupees at any ATM in India which have either MasterCard, Maestro or Cirrus logos displayed.

Transaction limits

Regular AccountsPreferred AccountsCitigold Accounts
Maximum Daily Limit Equivalent of Rs.75,000 in local currencyEquivalent of Rs.125,000 in local currencyEquivalent of Rs.150,000 in local currency

Points to keep in mind

  • The maximum daily limit is a collective limit inclusive of money withdrawals at ATMs, POS purchases and online purchases.
  • Money withdrawals abroad are subject to foreign exchange conversion from Indian rupees to local currency in the location the money is withdrawn.
  • If the customer’s current debit card is not chip based, then the bank will automatically issue a new chip and PIN based upon renewal.

FAQs: Citibank Debit Card

(1) What is the transaction limit for a regular account?

An individual can use an equivalent of Rs.75,000 in local currency on a regular account.

(2) What is a CVV number?

Card Verification Value (CVV) for Visa and Mastercard are used for online transactions. It is the final 3 digits of the number printed on the signature behind the debit card.

(3) Is it possible to change the PIN of my debit card?

Yes, the PIN of one’s debit card can be changed by visiting the closest Citibank ATM. This should be done on a regular basis to avoid misuse of one’s card.

(4) What are the two NRI card types?

Debit Card for Non-Resident External Rupee Checking Account and Debit Card for Non-Resident Ordinary Rupee Checking Account

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