Axis Bank Priority Platinum Debit Card - Benefits, Charges and Eligibility
Axis Bank Priority Platinum Debit Card Overview
Axis Bank Priority Platinum Debit Card has been designed to provide premium privileges and services designed exclusively for Priority customers of Axis Bank.
Axis Bank Priority Platinum Debit Card Features
- High Transaction Limits: Rs. 1 lakh - daily withdrawal limit & Rs. 4 lakhs - daily purchase limit
- Free withdrawals anywhere in India
- Card holder can design the card with an image of your choice or choose from a wide array of gallery images
- In case of an emergency, block your Debit Card instantly
Axis Bank Priority Platinum Debit Card Eligibility
The Axis Bank Priority Debit Card is available only to Priority Account holders. Non priority customers can also be issued a priority debit card on the bank's discretion with Issuance / Annual Fee charges.Axis Bank Priority Platinum Debit Card Fees & Charges
- Issuance Fees - Primary/Joint: Nil
- Annual Fees: Nil
- Replacement/Re-Issuance Fees: Rs 200 + applicable Goods and Services Tax
- For non priority customers holding a priority debit card; Issuance / Annual Fee of Rs. 750 + GST
- A cross-currency mark-up of 3.5% will be levied in case of all international cash withdrawal and purchase transactions
Axis Bank Priority Platinum Debit Card Benefits
- Activation Offer: 1000 Axis Edge Rewards points on activating your card at retail shop or online purchases within 30 days from date of card issuance
- Get 25% Discount on Movie Tickets
- Fuel up and get a waiver on surcharge: waiver capped at Rs. 200 per month
- Become a Dining Delights member
- Avail waiver on charges
- Enjoy airport lounge access
- Easily generate your Debit Card PIN
- Use your card at ATMs across the country
- Insurance Coverage
- Enjoy higher transaction limits
- Keep yourself, your family and assets safe
- Earn Axis eDGE Rewards
- Lost Card Liability: Rs 1.75 lakh
- Personal Accident Insurance Cover of Rs. 10 lakhs
- Complimentary Airport Lounge Access
What is EMV-Chip Based Debit Card?
EMV stands for Europay MasterCard and Visa, who developed this technology. EMV-chip based debit cards are the debit cards which have embedded microprocessor chip that stores and protects cardholders' information/ data. It uses enhanced security features to protect the important date of the card holders and discourages card's unauthorized usage.
EMV-chip based debit card generates fresh user data every time the user transacts. Therefore, it is impossible for hackers/ fraudsters to steal the information or copy the original data from any card. Further, EMV technology uses your debit card as well as PIN to complete any transaction.
The Reserve Bank of India (RBI) has asked all banks in the country to replace magnetic-strip debit/ credit cards with EMV-chip based cards by 31 December 2018 as magnetic cards are quite vulnerable to skimming. Banks have already replaced the existing magnetic strip debit/ credit cards with latest EMV chip cards. Banks will provide it free of cost.