Icici Bank Expressions Debit Card - Benefits, Charges and Eligibility
Icici Bank Expressions Debit Card Overview
An elegant design is not the only thing a covetous Expressions Debit Card offers, you can also spoil yourself with amazing features and benefits associated with it.
Icici Bank Expressions Debit Card Features
- Issued under MasterCard platform
- Domestic daily purchase limit of Rs. 2,00,000 and international transaction limit of Rs. 1,50,000
- Daily cash withdrawal limit of Rs. 1,00,000 whether you withdraw locally or internationally
- Use your Debit Card on the internet for buying travel or movie tickets, paying your bills and much more
- Receive instant SMS alerts on transaction made on your Debit Card
- Allows you to track your spends on a regular basis. The details of the purchases made on your card, along with the date, merchant's name and amount are mentioned in your bank statement
Icici Bank Expressions Debit Card Eligibility
All customers holding an account with ICICI bank are eligible for this card. Existing eligible customers can also upgrade the accounts to apply for this card.Icici Bank Expressions Debit Card Fees & Charges
- Joining fee: Rs.499 plus service tax
- Annual fee:Rs.499 plus service tax
- PoS/Ecom Transactions: Nil
- Re-issuance charges: Rs. 200 plus service taxes
Icici Bank Expressions Debit Card Benefits
- Wills Lifestyle Voucher worth Rs. 500
- Zero Surcharge on Fuel Purchases: Fuel surcharge would not be applicable for the transactions done on ICICI Bank swipe machines at selected government fuel petrol outlets (HPCL/ IOCL/ BPCL)
- Earn 6 Points on every Rs. 200 spent at merchant establishment in India & 10 Points at merchant establishment outside India
- To get a free entry to the lounge, just swipe your Exprerssions Visa Debit Card for a minimun value of ? 2 at the point of entry. Maximum 2 free access per quarter per Card
- Free Air Accident Insurance: Rs. 20 lakhs
- Free Personal Accident Insurance: Rs. 10 lakhs
- Free Purchase Protection: Rs. 2.5 lakhs
- It comes with the added security of Zero Liability, a unique feature which protects your debit card against unauthorised purchases on loss, theft or misplacement
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.