Hdfc Bank Easyshop Business Debit Card - Benefits, Charges and Eligibility

Hdfc Bank Easyshop Business Debit Card Overview

HDFC Bank EasyShop Business Debit Card is a Debit Card for Current Account holders to track your expenses easily.

Hdfc Bank Easyshop Business Debit Card Features

• Daily Domestic ATM withdrawal limits: Rs. 50,000
• Daily Domestic Shopping limits: Rs. 1.75 lakhs
• 0.5% CashBack on shopping at select merchant categories
• Free Personal Accidental Death cover of up to Rs. 10 lakh
• Secure your Business with Fire & Baggage Insurance cover of up to Rs. 2 lakhs

Hdfc Bank Easyshop Business Debit Card Eligibility

Sole proprietorship current accounts, HUF current accounts, Partnership concerns, Private Limited Companies or Public Limited Companies are eligible to apply. Existing eligible customers can also upgrade the accounts to apply for this card.

Hdfc Bank Easyshop Business Debit Card Fees & Charges

• Annual Fee: Rs. 250 + applicable taxes
• Add-on Card Annual Fee: Rs. 250 + applicable taxes
• PoS/Ecom Transactions: Nil
• Decline charges for insufficient balances: Rs. 25 + applicable taxes
• Cross-currency mark-up charges on foreign currency transactions: 3.5% + applicable taxes
• Duplicate PIN: Rs 50 plus GST
• Mark Up Charges for each POSP transaction at Railway Bookings: Transaction charge of 1.8% of the transaction amount

Hdfc Bank Easyshop Business Debit Card Benefits

Get 1 CashBack point on every Rs. 200 spent on PayZapp, SmartBuy, Telecom, Utilities, Groceries & Supermarket, Restaurant & Apparels and Entertainment

Maximum cap of Rs. 750 per card per month

Death Cover by Air / Road / Rail - Sum Insured up to Rs. 10 lakhs

Get additional International Air Coverage of flat Rs.1 Crore on purchase of air ticket using your Debit Card

Fire & Burglary for the items purchased under Debit Card (upto 90 days) - Sum assured Rs. 200,000

Loss of checked baggage - sum assured Rs.200,000

Fuel Surcharge would not be applicable for the transactions done on HDFC Bank swipe machines at government petrol outlets (HPCL/ IOCL/ BPCL)

Chip+PIN card activated for International & Domestic Usage

Complimentary access to Clipper lounges at airports across India

Online Shopping : Pay Bills or Shop online using your HDFC Bank Debit Card by Verified by Visa/ MasterCard SecureCode service

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.