Icici Bank Titanium Business Debit Card - Benefits, Charges and Eligibility
Icici Bank Titanium Business Debit Card Overview
ICICI Bank introduces the Titanium Business Debit Card packed with a host of benefits and features. Enjoy cashless transactions and avail exciting offers from time to time on travel, accommodation and other business specific categories at both domestic & international merchants. The Titanium Business Debit card also comes with a complimentary insurance cover and card protection.
Icici Bank Titanium Business 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 Titanium Business 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 Titanium Business Debit Card Fees & Charges
- Joining fee: Rs.250 plus service tax
- Annual fee:Rs.250 plus service tax
- PoS/Ecom Transactions: Nil
- Re-issuance charges: Rs. 200 plus service taxes
Icici Bank Titanium Business Debit Card Benefits
- Secure transactions through EMV Chip Card Features
- Ongoing MasterCard Offers
- Zero Liability Protection
- Earn 1 Point on every Rs. 200 spent at merchant establishment in India & 10 Points at merchant establishment outside India
- Zero Surcharge on fuel purchases
- Free Air Accident Insurance: Rs. 20 lakhs
- Free Personal Accident Insurance: Rs. 5 lakhs
- Free Purchase Protection: Rs. 1 lakh
Icici Bank Titanium Business Debit Card Documents Required
- Proof of Identity : Aadhaar Card/ PAN Card/ Passport Driving License/ Voter ID Card
- Proof of Address : Aadhaar Card/ Driving License/ Ration Card/ Voter ID Card/ Passport
- Passport sized photographs
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.