Best Debit Card Offers In India

There are still several people who are not able to distinguish between a credit card and a debit card. A credit card is like a license to take an unsecured personal loan with a tenure of around a month (or a little more if you can time your spend right). A Debit card, on the other hand, is just a vehicle you are provided with in order to use your own money kept in your savings account. While a credit card can be a blessing when you are in urgent need of money which you know you can pay back later, the fact is that a credit card in hand actually encourages many of us to go ahead and buy things which we do not really need.

Banks are encouraging increased use of debit cards for two reasons. First, it reduces the footfalls at the branches for cash withdrawals, allowing banks to provide better service to the walk in customers. Second, you can only spend using your debit card when your account has adequate money, so debit card usage prompts you to keep your accounts funded, which is good for the banks. This is the reason why banks offer a gamut of points based offers and freebies on their debit cards. Depending on the savings account variant you have, you are offered debit cards loaded with goodies which encourage you to spend more and more using your debit card. Let us take a quick view of the most attractive best debit card offers in india, based on the offers they provide.

HDFC Titanium : Owing to its huge number of salary account holders, HDFC Bank has come up with this shopping card aimed specifically for its salary account holders. You can withdraw as much as Rs. 50000 at any of the bank’s ATMs using this card. The cashback on the fuel station spends is another attractive feature of this card. Bill payment is made secure with this card with the help of the Secure Code feature on this card. When you are shopping using this card, you needn’t worry about big ticket purchases for different gadgets and electronic devices, owing to the Rs. 1.75 lakh spend limit on this card.

HSBC Premier Platinum : HSBC offers the use of its own ATMs as well as a number of affiliated bank ATMs when you have this card. The withdrawal limit is a mammoth Rs. 250000 per day, and you also earn lots of points on account of the generous loyalty scheme on this card. The zero annual fee is one of the most attractive features of this card. One of the most attractive features of this card is the range of concierge services you are entitled to with this card.

Axis Bank Burgundy : This is the big daddy of best debit card offers inindia, and in case you are a high flying HNI, this card is perfect for you. It is the debit card issued to holders of Axis Bank’s premier account called Burgundy. The reward points are the highest in class for every Rs. 200 spent using this card. You can make purchases of up to Rs. 6 lakhs using this card, and can withdraw up to Rs. 2 lakhs at any ATM, which is by far the biggest offered by any card in India. You would be entitled to complimentary access to the best lounges when you travel, and can also look forward to heavy discounts on dining at the best restaurants across the country. Unlike other cards, this one offers you usage / reward points even on loans you take, not just on the money you spend.