Federal Bank Rupay Premium International Debit Card - Benefits, Charges and Eligibility

Federal Bank Rupay Premium International Debit Card Overview

A Premium International Debit card offered by Federal Bank in assoication with NPCI/Rupay, which is having a handful of attractive facilities such as Higher Transaction Limits, Lounge Access, Insurance, Cash Back & Discount Offers and many more. Federal Bank RuPay Premium International Debit Card is the popular debit card with which you can enjoy the freedom and convenience of one card for Shopping and ATMs.

Federal Bank Rupay Premium International Debit Card Features

  • Daily Shopping Limit of Rs 1,00,000/-
  • Daily Cash Withdrawal Limit of Rs 1,00,000/-
  • Total Limit of Rs 2,00,000/-
  • PIN & Signature based authentication at PoS outlets
  • 24 x 7 Global Customer Assistance Service

Federal Bank Rupay Premium International Debit Card Eligibility

Federal Bank RuPay Platinum debit card is issued to customers of all new Resident SB accounts (except Freedom SB, BSBDA & Young Champ). Existing eligible customers can also upgrade the accounts to apply for this card.

Federal Bank Rupay Premium International Debit Card Fees & Charges

  • Charges for issuance of Card : Nil
  • Second Year Onwards Annual Fee: Rs 200 plus GST, Annual Fee is exempted if the annual spend is above Rs.50,000 through ECOM/POS
  • Add-on card Issuance Charges: Rs 300 plus GST
  • PoS/Ecom Transactions: Nil
  • Card replacement charges (at customer request): Rs 500 plus GST
  • Renewal (on expiry of card) Free ATM/Debit Cards - Nil
  • Duplicate PIN: Rs 50 plus GST
  • Mark Up Charges for each POSP transaction at Petrol Pumps: 2.5% + GST
  • Mark Up Charges for each POSP transaction at Railway Bookings: 2.5% + GST

Federal Bank Rupay Premium International Debit Card Benefits

  • Premium International Variant of NPCI/RuPay
  • Lounge Access - 2 free access per quarter (Domestic Lounges) & 2 free access per annum (International Lounges) Total 25 lounges across India & 400 lounges overseas
  • Insurance: Personal Insurance of Rs.2,00,000 (Accident - Death & Permanent total Disability)
  • 5% cash back on Utility Bill payments (up to a monthly cap of Rs. 50/-)
  • Zero fuel surcharge [Up to 1% cash back on fuel, capped at Rs. 75/month]
  • Concierge Services , 24X7 services with Hindi & English language support Services
  • Exclusive Merchant discounts at Cafe Coffee Day, IRCTC, Movie ticket booking etc
  • 24x7 customer support is always available
  • Convenient payment for shopping, bill payments, dining, etc (both offline and online)
  • Free SMS alerts for all transactions on your card
  • Experience the convenience, cashless shopping and exciting benefits

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.