Axis Bank Rewards Plus Debit Card - Benefits, Charges and Eligibility

Axis Bank Rewards Plus Debit Card Overview

Axis Bank Rewards+ Debit Card lets the card holders earn more points and offers enhanced purchase limits and benefits.

Axis Bank Rewards Plus Debit Card Features

  • Issued on Visa - Rewards+ platform
  • High Transaction Limits: Rs. 50,000 - daily withdrawal limit & Rs. 4 lakhs - daily purchase limit
  • Easily generate your Debit Card PIN
  • Enjoy the convenience of Contactless Payments with Power Packed Benefits
  • Design your 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 Rewards Plus Debit Card Eligibility

Issued to savings and salary account holders below Priority (except No-frills and Basic Savings Account holders).

Axis Bank Rewards Plus Debit Card Fees & Charges

  • Issuance Fees - Primary/Joint: Rs. 500 + Taxes
  • Annual Fees: Rs. 300 + Taxes
  • My designe charges: Rs. 150
  • Replacement/Re-Issuance Fees: Rs 200 + applicable Goods and Services Tax
  • A cross-currency mark-up of 3.5% will be levied in case of all international cash withdrawal and purchase transactions

Axis Bank Rewards Plus Debit Card Benefits

  • 5% Discount on both online and box office bookings
  • Complimentary access to select airport lounges in India: Limit 1 visit per quarter
  • Fuel Surcharge Waiver: With a cap of Rs. 200 on the monthly amount of fuel surcharge waived and no reward points will be awarded on fuel purchases
  • Personal Accident (Including Permanent Total Disability) Insurance Cover of Rs. 5 lakhs
  • Earn eDGE Loyalty Rewards
  • Air accident Insurance cover of Rs.1 Crore
  • Access to 24-hour customer service number to report a missing card
  • Zero lost card liability as insurance against risk of loss due to fraudulent use of a lost/stolen/missing debit card, upto Rs. 2 lakh
  • All consumer durable goods purchased using debit cards insured against fires, natural calamities, burglary and housebreaking up-to 90 days from the date of purchase, making you eligible for a combined lost card liability and purchase protection of up-to Rs.2 Lakhs
  • For Personal Accident Insurance, Combined lost card liability and purchase protection cover, to remain active; there should be at least one purchase transaction (POS/E-com) within 180 days prior to the date of mishap

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.

What is a Contactless Debit Card?

Contactless debit card is a sensor embedded new age debit card that works on Near Field Communication (NFC) Technology using Radio Transmission to ascertain contact when the card is brought near a terminal. This enables the customers to make payments up to Rs.5,000 without swiping their cards & entering a PIN.

Benefits of a Contactless Card

  • Fast & Convenient
  • Safe & Secure
  • No chance of losing or misplacing it

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.