Axis Bank Wealth Debit Card - Benefits, Charges and Eligibility
Axis Bank Wealth Debit Card Overview
Axis Bank Wealth Debit Card lets the card holders enjoy premium privileges and discounts, higher transaction limits and enhanced coverage.
Axis Bank Wealth Debit Card Features
- High Transaction Limits: Rs. 2 lakhs - daily withdrawal limit & Rs. 5 lakhs - daily purchase limit
- Unrivalled safety with the World Chip Card
- Free withdrawals anywhere in India
- Easily generate your Debit Card PIN
Axis Bank Wealth Debit Card Eligibility
The Axis Bank Wealth Debit Card is available only to Wealth Account holders.Axis Bank Wealth Debit Card Fees & Charges
- Issuance Fees - Primary/Joint: Nil
- Annual Fees: Nil
Axis Bank Wealth Debit Card Benefits
- Become a Dining Delights member
- Avail waiver on charges
- Fuel up and get a waiver on surcharge
- Design what your card looks like
- Keep yourself, your family and assets safe
- Enjoy airport lounge access
- Earn eDGE Loyalty Rewards
- In case of an emergency, block your Debit Card instantly
- Personal Accident Insurance Cover of Rs. 10 lakhs
- Airport Lounge Access: Limit of 2 visits per calendar quarter
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.