Discover the Advantages of Platinum Debit Card

A platinum debit card can offer a range of benefits that make it a great option for anyone looking to manage their finances effectively.

With a platinum debit card, you can enjoy rewards and benefits that go beyond just everyday transactions. You can earn points or cashback on your purchases, which can be redeemed for rewards or statement credits.

One of the key advantages of a platinum debit card is the high level of customer service it provides. You can expect to have access to a dedicated customer support team, available 24/7 to help with any questions or issues you may have.

In addition to its rewards and customer service benefits, a platinum debit card often comes with a range of other perks, such as travel insurance and purchase protection.

Your Platinum Debit Card comes with advanced security features, including encryption technology that stores and processes information in a secure manner, making it more difficult for counterfeit cards to be made.

This card also offers dedicated support through an exclusive phone number, available 24/7, which can be found on the back of every card.

The card provides travel and emergency assistance services, including medical, legal, and travel services, which can be coordinated with the help of the dedicated support team.

Travel and emergency assistance services are available to minimize any inconveniences while traveling abroad, and the card also offers hotel theft protection and lost luggage reimbursement.

Here are some key benefits of a Platinum Debit Card:

Cashback Points are earned on eligible transactions made with the Platinum Debit Card, and the points can be redeemed through NetBanking.

You'll earn 1 Cashback point on every ₹ 100 spent on Telecom, Utilities, and 1 point on every ₹ 200 spent on Groceries, Supermarket, Restaurant, Apparels & Entertainment.

The maximum cap on Cashback points per account per month is ₹ 750.

Cashback points are not earned on all categories, only on those specifically mentioned.

Here's a breakdown of the eligible categories and their corresponding Cashback points:

In case of a returned, cancelled, or reversed transaction, the Cashback points will be reversed.

You can view your Cashback points in Netbanking in 2 working days from the date of transaction.

Cashback Points are earned on eligible Merchant Category Codes (MCC), which are categorized by card Networks (Visa/Mastercard).

As a Platinum Debit cardholder, you'll have access to dedicated support through an exclusive phone number on the back of every card. This means you can quickly get help with any banking needs, whether you're at home or traveling abroad.

You'll receive priority customer service, which is a big advantage when you need assistance. This ensures that you'll get the help you need as soon as possible.

One of the benefits of this personalized customer service is that it's global in nature. This means you'll have access to help no matter where you are in the world.

If you lose your card or it stops working while traveling, this round-the-clock customer assistance program will have you covered. You can rely on this support to get back on track quickly.

Here are some benefits of the travel assistance services you'll have access to:

With your Platinum Debit Card, you're protected in case your card is lost or stolen, thanks to Visa Zero Liability, which means you won't be held responsible for any unauthorized purchases.

You can also enroll in text Alerts in Online Banking to track your spending and monitor for any suspicious account activity. This way, you'll be the first to know if something's amiss.

To temporarily block new purchases and ATM withdrawals if your card is lost, simply lock it using Online Banking. This won't interrupt your recurring payments, so you can rest easy knowing your essential bills will still be paid.

Insurance cover is a vital aspect of debit card security. You can get a death cover of up to ₹12,00,000 for air, road, or rail travel.

To activate this feature, you need to make at least one purchase transaction using your debit card within 3 months prior to the event date. This ensures that your insurance policy is applicable in case of any claims.

The insurance policy is applicable only for the card with the highest sum insured or limit of indemnity. If you have multiple cards issued by the same bank, the policy will only cover the card with the highest sum insured.

Here are some key features of the insurance cover:

To keep your free personal death insurance cover active, you need to use your debit card at retail or online stores at least once every 30 days. This is a requirement starting from 1st July 2014.

In case of any claims under fire and burglary insurance or loss of checked baggage insurance, you should have carried out at least one purchase transaction using your debit card within 3 months prior to the event date.

You can count on built-in fraud protection with Visa Zero Liability, which means you're protected if your card is ever lost or stolen – and you're never responsible for any unauthorized purchases.

Enroll in text Alerts in Online Banking to track your spending and monitor for any suspicious account activity.

To temporarily block new purchases and ATM withdrawals, use Online Banking to lock a missing card without interrupting your recurring payments.

Once you find your card, simply unlock it and begin using it again.

Here are some additional security features to consider:

Your card also includes encryption technology that secures the card against fraudulent use by storing and processing information in a secure manner.

This advanced technology is more effective in preventing the card from being copied to produce counterfeit cards.

By taking these steps, you can enjoy the convenience of your debit card while minimizing the risk of unauthorized transactions.