IDBI Bank Credit Card Offers

IDBI Credit Card Offers

It can be hard to make ends meet and still maintain your lifestyle when prices of almost every commodity are on an upward trajectory. In such a scenario, your IDBI bank credit card can be a saviour with its expanded credit limits and a host of offers and rewards. Using credit cards is no longer a mere convenience or an alternative to carrying cash. It is a tool to maintain your lifestyle while paying for your daily needs out of your income. Here is all you can do with your IDBI credit card.

IDBI offers rewards under different brands and categories. Here is a list – though not comprehensive, it will give you a good idea about what’s in store.

Automotive Accessories

Books and E books

Charity

Devotional

Electronics

Travel

IDBI also offers products under the following categories -

• Gifts
• Handbags & Accessories
• Home and Kitchen
• Jewellery
• Personal Care
• Sport, games and toys
• Stationery
• Travel Accessories

Benefits of IDBI Credit cards

IDBI brings you a bouquet of benefits and features which will help enhance your lifestyle at a relatively low cost.

• Global Acceptance: You can use your IDBI credit card across the globe for making all your purchases. The bank partners with more than 25 million merchants around the globe so shopping, making travel & hotel bookings, dining, and much more is possible without having to worry about carrying cash or exchanging currency.
• Free Credit Period: You get 48 days of entirely free credit as a welcome offer once your credit card is active. In case you happen to fall back on payments, you will get a welcome back offer once your dues are all paid up and your card reinstated.
• Reward Programs: Every credit card – and most debit cards too – issued by IDBI Bank participates in a reward point program that allows you to earn reward point each time you swipe your card. You can then redeem these points against a horde of gifts, services, and products. Call the customer care number for more information.
• Withdrawal Facility from ATM: As a norm, your credit card is as good as cash, but in the event you do need to withdraw cash you can always step into an IDBI ATM kiosk and use your credit card to withdraw the money you need. The withdrawal is subject to the same limits as your ATM card.
• Access to Airport Lounge: The IDBI Royale Signature Card will gain access to all airport lounges in India – useful when you have to wait around at airports for your flight or pickup. The offer is irrespective of the airlines or class of booking.
• Zero Liability on Lost Card: If you happen to misplace your card or it gets stolen, make sure to report it immediately. Once you report it to the bank, any transaction after the report is covered by the bank and you will not be liable for any payment until the matter is resolved.
• Air Travel Accident Insurance Coverage: If you make your airline bookings using your IDBI credit card, the bank offers you a free travel accident insurance for an amount of up to 25 lac. This means that your travel is not only hassle free – no need to carry cash – but also secure.
• Add-on Card: This is a unique opportunity to share the benefits on your credit card with another family member. IDBI add-on credit card is an additional card issued with your primary card, which you can give to a family member affording him or her the same ease of shopping and more that you have for yourself. Any rewards earned on the add-on card will automatically revert to the primary card – yours – and you can club the points for redemption.
• Fuel Surcharge Waiver: IDBI credit cards automatically earn you a waiver of surcharge on fuel so if you drive around a lot, gets an IDBI credit card to save on fuel.

Frequently Asked Questions

1. Can I apply to increase my credit card limit?

Yes, you can apply to increase the credit limit on the card at any point of time. For this you need to write to the bank asking for increase in the credit limit. You also need to provide documentary proof of credit worthiness such as bank statements and IT returns. The decision – which is based on your credit history and capacity to pay – is at the sole discretion of the bank and is final.

2. How safe it is to share card PIN details with the shopping merchants if they ask for it?

It is the combination of the credit card – physical proof – and your PIN – digital proof – which identifies you to the bank when making a transaction with your credit – or other – card. In the event your card is lost or misplaced, any unscrupulous person who knows your PIN number can misuse the card. Therefore you should never under any circumstances share your PIN with any other person.

3. What is Revolving Credit?

If ever you find yourself in a position where you are only able to pay off part of your credit card dues, you can carry forward the balance to the next billing cycle. This is known as Revolving Credit. There are some terms and conditions applicable and IDBI bank will charge interest on the carry-forward amount as per the schedule of fees and charges – available on their official website.

4. I am migrating abroad for business reasons; can I retain my card?

No. In the event you decide to migrate to another country, you must surrender your card. IDBI – like other banks – issues credit cards only to Indian Residents. You must also settle all your dues before you surrender your card.

5. Can I use my card immediately I receive it?

IDBI dispatches credit cards via Blue Dart courier service. This is a trusted service and if you receive your credit card via this channel you can begin using it immediately. However in places where Blue Dart does not provide service, credit cards are dispatched via registered post. If this happens, you must call the customer care number to have your card activated.

About IDBI

IDBI Bank has its headquarters in Mumbai. It is one of the largest commercial banks in India. With its strong business strategy and committed workforce, the bank sells a multitude of financial products such as mutual funds, term deposits, credit and debit cards, and so forth in addition to providing traditional banking services. They use state-of-the-art technology to provide customized service to both individual as well as corporate customers. Established in 1964, the bank received the Banking Technology award for best use of Business Intelligence and the best Risk Management from Indian Banks Association in 2011.