Debit cards have become the default mode of paying for things –from shopping to booking flight tickets. Debit cards are connected to your Savings bank account and the balance is debited from your savings. This is the better way to pay, you save a lot of time as you don’t have to withdraw cash from the bank and use it to pay for almost everything now. There are many ATMs to withdraw cash and POS machines where you can directly swipe your card. Usually, you get a debit card in the welcome kit with your account. Here we’ve compiled some of the best debit cards in India.
Axis Burgundy World Debit Card
The card majorly offers travel benefits and maximum withdrawal limit of 2 lakh rupees. The card comes linked with capital raising and wealth management of the bank. You have 15% discount at over 1500 restaurants across India, buy one get one movie ticket from Bookmyshow.com, complimentary lounge access, and 15 lakh accidental insurance. Lost liability is of up to 6 lakh. You must have Axis Burgundy account to be eligible.
There is no Annual fee but this card is for those who deal with large amount of money and travel a lot.
SBI Classic Debit Card
This card is best for the common man. SBI gives numerous benefits like cashless transactions, easy bill payment, and access to millions of merchant outlets in India. You get the benefits of Freedom Rewardz scheme, access to State Bank Smart Shoppe, and avail services of Shop Big Gain Big. There are also discounts on jewelry on Akshaya Tritiya. Anyone with SBI bank account can get this card.
Cash withdrawal is capped at 40,000 rupees. Annual maintenance charge is 100 rupees and card replacement may cost 204 rupees. The card is best for those who want fewer privileges to save on fees.
HSBC Premier Platinum Debit Card
The card has numerous privileges and fits best for your daily purchasing needs. Cash withdrawal is capped at 2.5 lakh per day. You can enjoy finest dining privileges in Mumbai, Bangalore, Delhi and Kolkata, 24 hour access to concierge services, and earn points on shopping at select merchant outlets. The card has lost liability of 1 lakh. Only salary account holders can avail this card.
The card has no annual fee and no replacement fee. But again this card is for those who have to deal with big money every day.
HDFC Women’s Advantage Debit Card
As the name suggest the card is exclusively for women. You will get fire and burglary protection of 2 lakh rupees, you can earn points on every purchase, 50% discount on locker fees, and baggage insurance of 2 lakh on travelling on holiday. The cash withdrawal limit is 25,000 per day and lost card liability is 2 lakh rupees. Every woman with an account in HDFC is eligible.
The annual fee is 150 rupee with purchase limit of 1.25 lakh. The card is not for men so they may miss these privileges.
IndusInd Platinum Visa Debit Card
Indus Ind bank is popular for providing best customer privileges. You get free air accident coverage of 30 lakh rupees, fuel surcharge waiver of 250 rupees per month, and can get discount on range of trendy wears to high end gadgets, dining to travelling perks, and lifestyle requirements. Cash withdrawal limit is 49,999 rupees and lost card liability is 3 lakhs.
The annual fee for this card is 199 rupees and comes with purchase protection of 50,000. This is best for those who take frequent flights.
YES Bank Gold and Silver Debit Cards
YES Bank is popular for its customer support and has many branches all over India. You will save 2.5% on every petroleum transaction (maximum 5,000 rupees), free cash withdrawal from ATMs, personal accident insurance of 500,000 rupees on Gold card and 2 lakh on Silver debit card. Cash withdrawal limit is of 75,000 (Gold) and 25,000 (Silver).
The annual fee is 249 rupees for Gold and 149 for Silver. The card is best for those who need excellent customer service.
HDFC Easy Shop Titanium Debit Card
HDFC has 4,280 branches and 11,840 ATMs all over the country. Only salary account holders are eligible for this debit card. You will get free lounge access at airports, cashback on fuel bills, no liability in case card gets stolen and maximum security with MasterCard Secure Code service.Cash withdrawal limit is 50,000 rupees and lost card liability is 10 lakh.
The annual fee is 250 rupees and purchase limit is capped at 1.75 lakh. The card is best for those who are frequent travellers and need apt debit card for paying off bills.
Axis Bank Online Rewards Debit Card
Axis Bank is a premium bank with good popularity. The card holders have world class offers and discounted prices with luxury indulgences. As a welcome gift you get 2,500 edge points to spend within 30 days. You will get 10% discount on movie tickets on bookmyshow, points on expenditure, get 15% discount on dining over 1400 restaurants in India, and redeem your points at merchants. Daily cash withdrawal limit is 50,000 rupees and lost card liability is 10 lakh rupees. Daily purchase limit is 4 lakh rupees.
The annual fee is 500 rupees and replacement fee is 200 rupees. The card is best for common man who want plethora of privileges.
Canara Platinum Debit Card
This is one of the premium cards from Canara bank. The card is a photo ID card and is accepted globally. You will get Global Customer Access Service when you travel overseas;you will get all the information you need when you travel overseas from pre-departure travel information to details of consulates. Emergency medical assistance will give you information about physicians, hospitals, clinics, dentists and dental clinics. You will be eligible for concierge services offered by VISA GCAS. Cash withdrawal is capped at 50,000 rupees daily and purchase limit is 2 lakh rupees.
The annual fee is 100 rupees and lost card liability is 10 lakh rupees. Replacement fee is 50 rupees. The card is best for those who travel overseas a lot.
ICICI Metro Coral Debit Card
The card has exclusive benefits for Metro users. You get a 1,000 rupees voucher for Kaya Skin Clinic. You get 1000 bonus payback points on first usage of the card. You will get 15% discount while travelling in Namma Metro. Get automatic recharge of your metro chip whenever balance reaches 100 rupees. You will have buy one and get one ticket at Bookmyshow.com, 15% off on dining privileges, complimentary lounge access, zero fuel surcharge at HPCL pumps, and air accident insurance of 20 lakhs. Cash withdrawal is capped at 1.5 lakhs and purchase limit is 2.5 lakhs. There is lost card liability of 2.5 lakh rupees.
The annual fee is 599 rupees and joining fee is also 599 rupees. The card is best for almost everyone.
We hope this list will help you find the best debit card for your needs and assist you in choosing the right type of bank account for you. Obviously, there are other cards which may fit your needs and you can find them by little research.
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