Central Bank Of India Debit Card

Types of Central Bank of India Debit Cards

Central Bank of India offers six debit cards to its customers.

• Shopping cum Debit Card
• Wonder Debit Card
• RuPay Debit Card
• Platinum Debit Card
• neXGen Debit Card
• Platinum RuPay Debit Card

Features of Shopping cum Debit Card

The main features of Shopping cum Debit Card are:

• This debit card is issued under MasterCard and Visa platform for their customers.
• All HSS (savings bank) account holders and current account holders are eligible for this particular debit card.
• It is accepted at ATMs and merchant establishments across the country.
• It is enabled for online use with a 3D VBV/MasterCard Secure Code providing added security.
• It can be used for online shopping and paying bills.
• There is Personal Accident (death) Insurance cover of Rs.1,00,000. This is in the form of “Group Insurance”.
• The cardholder earns and accumulates Anmol Rewardz Points for all shopping transactions at POS online.
• 1 Anmol Rewardz Point is earned per Rs.100 that is spent on POS/online.
• 2.5 Anmol Rewardz Points are earned for every cash withdrawal of Rs.1500/- and above at Central Bank of India ATM.
• SMS alerts are sent to the customer for every transaction that is made using this debit card.
• There is no issuance fee, but an annual fee is applicable from the second year of issuance.

Features of Wonder Card

• This debit card is specially created for Salaried Savings Account Holders.
• All Cent Salary Savings Scheme (C-SSS) account holders are eligible for this debit card.
• This debit card can be used even when there is no credit balance in the account.
• It has an in-built credit facility that is based on the net monthly salary that is earned by the cardholder. This can be enhanced up to 3 times the net monthly salary for Government/Public sector/’A’ rates private corporate employees and 2 times the net monthly salary for employees of other companies.
• There is an interest that is charged on the actual utilization of the overdraft facility on a daily basis.
• There is Personal Accident (death) Insurance cover of Rs.1,00,000. This is in the form of “Group Insurance”.
• 1 Anmol Rewardz Point is earned per Rs.100 that is spent on POS, online and over the phone purchases using the debit card.
• SMS alerts are sent to the customer for every transaction that is made using this debit card.
• There is no issuance fee, but an annual fee is applicable from the second year of issuance.

Features of RuPay Debit Card

• This debit card can be used only in India.
• It is offered to the customer under Swadeshi RuPay platform of NPCI.
• All HSS (savings bank) account holders and current account holders are eligible for this debit card.
• It can be used as an ATM card to withdraw money and to pay shops, department stores, restaurants, petrol pumps and other outlets.
• SMS alerts are sent to the customer for every transaction that is made using this debit card.
• There is no issuance fee and no annual fee.

Features of Platinum Debit Card

• This debit card is for HNI customers having an account with Central Bank of India with an Average Quarterly Balance of more than Rs. 50,000.
• It is accepted at ATMs and merchant establishments in India and abroad.
• It can be used for shopping online, bill payments and for booking movie tickets.
• It is enabled for online use with a 3D VBV/MasterCard Secure Code providing added security.
• There is Personal Air Accident Insurance cover of Rs. 1,00,000.
• There is zero liability for this debit card and can protect it up to Rs. 1,00,000 against unauthorized purchases on loss, theft or misplacement.
• Fuel surcharge on transactions between Rs. 400/- and Rs. 4,000/- are waived at petrol pumps.
• 1.5 Anmol Rewardz Point is earned per Rs.100 that is spent on POS, online and over the phone purchases using the debit card.
• SMS alerts are sent to the customer for every transaction that is made using this debit card.
• There is an issuance fee and an annual fee that is applicable.

Features of neXGen Debit Card

• This debit card is for customers who are minors
• It can be used at ATMs to withdraw money and to shop and make cashless purchases with attractive offers.
• All account holders aged between 10 years to 18 years are eligible for this debit card
• It is accepted at ATMs and merchant establishments in India and abroad
• It can be used online with 3D MasterCard SecureCode which provides additional security
• 1 Anmol Rewardz Point is earned per Rs.100 that is spent on POS, online and over the phone purchases using the debit card.
• SMS alerts are sent to the customer for every transaction that is made using this debit card
• There is no issuance fee and no annual fee

Features of Platinum RuPay Debit Card

• This debit card has an EMV Chip issued under RuPay platform
• It has international and domestic acceptance at ATMs and merchant establishments
• It has Personal Accident Death/Permanent Disability Insurance of Rs.2 lakhs and Personal Air Accident Coverage (death) of Rs.8 lakhs
• 1.5 Anmol Rewardz Point is earned per Rs.100 that is spent on POS/E-commerce
• 2.5 Anmol Rewardz Point is earned on cash withdrawals per Rs.1,500/- or more
• On utility bill payments one gets 5% cashback. This is capped at Rs.50/- per month
• Zero fuel surcharge up to 1% cash back on fuel. This is capped at Rs.75 per month
• Rs.25 off on train ticket booking on irctc.in. This is capped at one transaction per month. Minimum eligible transaction amount is Rs.300.
• 15% off on minimum billing of Rs.300 and above at Café Coffee Day.
• There is lounge access and concierge services provided too.

FAQs: Central Bank of India Debit Cards