Yes Rupay Platinum Domestic Debit Card - Benefits, Charges and Eligibility
Yes Rupay Platinum Domestic Debit Card Overview
The RuPay Platinum Domestic Debit Card, offered on India's own card platform, caters to all your domestic spend needs with a wide spread acceptance and offers a delightful banking experience.
Yes Rupay Platinum Domestic Debit Card Features
- Available on RuPay platform
- Comes with domestic validity
- Faster day to day payments at merchant locations
- Daily Domestic ATM Withdrawal Limit of INR. 25,000
- Daily domestic Purchase Limit of INR. 25,000
- Enabled for online transactions such as travels, utility payments etc.
Yes Rupay Platinum Domestic Debit Card Eligibility
Customers holding an account with Yes Bank are eligible to apply for ths card. Existing eligible customers can also upgrade the accounts to apply for this card.Yes Rupay Platinum Domestic Debit Card Fees & Charges
- Annual Fee: INR 99 plus applicable taxes
- PIN Regeneration: INR 50 plus applicable taxes
- ATM Decline due to insufficient funds: INR 25
- Replacement fee/lost or stolen card: Rs 99 plus applicable taxes
Yes Rupay Platinum Domestic Debit Card Benefits
- Cashless shopping RuPay Debit Card
- Fuel surcharge cashback applicable on minimum billing of INR. 300. This cashback is capped at INR. 75 per calendar month
- Earn complimentary Reward Points on every transaction with your Debit Card which can be redeemed against a wide array of exciting products and services
- Fraud Protection Insurance worth INR. 25,000
- 24x7 helpline through customer care service
- Highly safe and secure transactions
Yes Rupay Platinum Domestic 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.