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IDBI Bank Debit Card
Transacting with hard cash has almost become rare today. With alternative modes of payment like cards and e-wallets, life has become much easier. There are worries of walking around with hard cash in your pocket, standing in long queues to pull out money, risk being robbed and losing money too! Debit cards have become popular today because of the convenience of usage and many benefits that are offered on the card.
Features of IDBI Bank Debit Card
IDBI Bank offers several privileges on its debit card. At a nominal annual cost of maintaining the card, it is quite economical and beneficial to use an IDBI Bank debit card. Some of salient features of this card are:
- IDBI Bank debit cards can be used to access your bank account 24x7 and across most locations in the world.
- It can be used to spend on purchases, dining, travel and paying utility bills.
- IDBI Bank offers many exciting benefits while using the card like reward points, exclusive deals and discounts.
- There are brand partnerships that give discounts on shopping etc.
- The IDBI Bank debit card is secured with Verified by Visa (VbV) and MasterCode for online transactions
- High withdrawal limits and transaction limits make it convenient to use IDBI Bank debit cards
- Global Customer Assistance service makes it easy to contact the bank in case of any issues while using the card
What are the various types of IDBI Bank Debit Card?
| TYPE OF CARD | TRANSACTION LIMIT per day | OTHER BENEFITS |
|---|---|---|
| Signature Debit Card | Rs.3 lac cash withdrawal Rs.5 lacs on purchases Rs.3 lacs on online transactions | One free airport lounge access per quarter 3 loyalty points per Rs. 100 spent Zero Fuel Surcharge Insurance Cover |
| Platinum Debit Card | Rs.1 lac cash withdrawal Rs.2 lacs on purchases Rs.1 lac on online transactions | 2 loyalty points per Rs. 100 spent Zero Fuel Surcharge Insurance Cover Discounts at merchant outlets 5-year international validity |
| Gold Debit Card | Rs.75,000 cash withdrawal Rs.75,000 on purchases Rs.75,000 on online transactions | 2 loyalty points per Rs. 100 spent International validity Petrol surcharge waiver Insurance Cover SMS Alerts Discounts at merchant outlets |
| Classic Debit Card | Rs.25,000 cash withdrawal Rs.25,000 on purchases Rs.25,000 on online transactions | 1 loyalty point per Rs. 100 spent International validity Insurance Cover SMS Alerts Discounts at merchant outlets |
| Women’s Debit Card | Rs.40,000 cash withdrawal Rs.40,000 on purchases Rs.40,000 on online transactions Insurance Cover | 1 loyalty point per Rs. 100 spent Online shopping Itemized Billing SMS Alerts Discounts at merchant outlets |
| Being Me Debit Card | Rs.25,000 cash withdrawal Rs.25,000 on purchases Rs.25,000 on online transactions | Validity for 5 years Petrol surcharge waiver Insurance Cover 2 loyalty points per Rs. 100 spent Discounts at merchant outlets |
| Kids Debit Card | Rs.2,000 cash withdrawal Rs.2,000 on purchases Rs.2,000 on online transactions | Insurance Cover 2 loyalty points per Rs. 100 spent Discounts at merchant outlets |
| Contactless Debit Card | Rs.2,000 on purchases | |
| RuPay Platinum Chip Card | Rs.1 lac cash withdrawal Rs.1 lac on purchases Rs.1 lac on online transactions | Free Airport Lounge access Concierge services 2 loyalty points per Rs.100 spent Zero Fuel Surcharge Insurance Cover 5% cashback on utility payments |
How secure is the IDBI Bank Debit Card?
With the introduction of cards, there has been a considerable increase in fraudulent transactions and skimming. The IDBI Bank debit card is protected from these tensions with the Verified by Visa from Visa and MasterCode from Mastercard payment services. Transactions have enhanced security with authentication details required from the card user. Your personal data is kept safe and is used only for identification purpose while making a transaction. This helps in getting misuse of the cards under control.
What is a Contactless Debit Card?
IDBI Bank has introduced the new age debit card – Contactless debit card. One need not swipe this card but only tap the swiping machine to make payment on purchases. This is a very secure and convenient way of transactions. The card is embedded with a chip which used radio transmission through Near Field Communication technology when brought close to the swiping machine. Customers can make payments up to Rs. 2000/- per day with this type of card. Since the card does not leave your hands physically and PIN entry not required, it is one of the safest ways of transaction.
FAQs: IDBI Bank Debit Card
(1) How can I apply for a contactless debit card with IDBI Bank?
If you apply for a Visa Platinum or Signature Debit Card with IDBI Bank, you can avail the contactless debit card.
(2) What is difference between debit card and credit card?
Debit card works on buy now, pay now concept. Credit card works on buy now, pay later concept. With credit card, one needs to make monthly payments towards the credit availed on the usage of the card along with some interest.
(3) What are the annual charges of the IDBI Bank debit card?
The bank charges an annual cost of Rs. 110/- which is free for the first year and gets charged only from the second year of taking the card.
(4) Where all can I use the IDBI Bank debit card?
IDBI Bank debit cards can be used to withdraw cash from all IDBI Bank ATMs and non-IDBI Bank ATMs across the world. The card can also be used to make purchases at merchant locations both nationally and internationally.
(5) Is there a transaction charge while using the IDBI Bank debit card?
There is no charge applicable if the card is used at IDBI Bank ATM. There are no transactions costs while using the card at various merchant locations. However, for international usage, there is a slight charge applicable towards currency exchange rate.
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