Hdfc Bank Rewards Debit Card - Benefits, Charges and Eligibility
Hdfc Bank Rewards Debit Card Overview
HDFC Bank Rewards Debit Card is a card that provides benefits / savings across categories like Grocery, Fuel, Pharmacy, Railways and Online, Get Rewarded Everyday with Rewards Debit Card.
Hdfc Bank Rewards Debit Card Features
- Daily Domestic ATM withdrawal limits: Rs. 50,000
- Daily Domestic Shopping limits: Rs. 2.75 lakhs
- Rewards across 5 categories to meet your daily needs
- Earn up to 2000 Reward Points every month
- Personal Accidental Death Insurance Cover of Rs. 5 Lakhs
- A single card that provides benefits / savings across categories like Grocery, Fuel, Pharmacy, Railways and Online
Hdfc Bank Rewards Debit Card Eligibility
Individual Account holders (Savings Account/Corporate Salary Accounts & Senior Citizens) are eligible to apply. Existing eligible customers can also upgrade the accounts to apply for this card.Hdfc Bank Rewards Debit Card Fees & Charges
- Annual Fee: Rs. 500 + applicable taxes
- Add-on Card Annual Fee: Rs. 500 + 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 Rewards Debit Card Benefits
- 5% savings on your everyday spends on partner merchants. Enjoy up to 2000 Reward points per month
- Apollo Pharmacy - Apollo Pharmacy - 20% off on Apollo branded products
- Personal Accidental Death cover for accident by Air/ Road/ Rail - Sum insured of Rs 5. Lakhs
- You also get additional International Air Coverage of flat Rs. 25 Lakhs on purchase of air ticket using your Debit Card
- Zero Liability: You will not have any liability to any fraudulent Point of Sale transactions on the debit card, which take place upto 90 days prior to reporting the card loss
- 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
- Online Shopping : Pay Bills or Shop online using your HDFC Bank Debit Card by using Verified by VISA(VBV)
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.