10 Best Debit Cards in India

Mani Karthik

In my pursuit of getting better & smarter in life,
I share everything I learn, on this blog, so you can make use of it.

Boy, aren’t debit cards popular in India! Debit cards are offered by banks pretty much by default when you get a bank account. To access your money, you need a debit card. So, there’s no need to go to the bank. Of course, it saves a lot of time and money as you don’t have to stand all day in queues. Debit cards are easy to use and hence it has gained a lot of popularity in India. But there’s more to a debit card than being able to spend your saved-up money!

Debit Card vs Credit Card

Debit cards are linked to your bank account and money is debited from the account as the transaction occurs. In the case of a credit card, you are offered a line of credit i.e. a loan up to a period of time after which the loan amount has to be repaid. If you are not able to repay within the specified time you will have to bear interest. Here’s more info on why you need a credit card instead of a debit card.

Features or Benefits of Debit Cards

  • Debit cards allow you to pay your bills, book tickets, and browse for everything in the comfort of your own home.
  • You pay from your own bank account. So there is no chance of overspending.
  • The card comes with numerous cash backs and rewards.
  • You can track your expenses with the monthly e-statements.

Best Debit Cards in India

So let us find out which are the top Debit cards in India. (Also read: Best credit cards in India for online shopping)

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Update: May 2018

IDFC Debit Card

IDFC Bank Debit Card

Guys, this is an update (added later after publishing this article). I recently tried this new bank in town, it’s called IDFC Bank. They are very new and have only a few banks across India (spreading fast) but their services are very impressive. Their debit card is one of the best I’ve seen. Let me explain why.

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Eligibility

This card is available to all savings bank account holders with a minimum 25K INR balance.

Benefits

  • Free unlimited number of transactions on any ATM
  • Free BookMyShow cashback offers every month
  • First purchase offer – Spend Rs.1000 or more the first time to get up to Rs.250 back
  • Free Airport & lounge access (Rs.2 charge) – Participating lounges
  • Lots of discount offers from many vendors like Apollo hospitals, Zomato, Gold’s Gym, etc (See full list here)
  • Set limits, and block/unblock cards easily online
  • 15% Discount on food and beverages at selected restaurants
  • 2.5% fuel surcharge waiver at all Petrol pumps in India

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Axis Burgundy World Debit Card

Best_Debit_Cards_India_Axis_Burgundy_Debit_Card

If you wish to have a premium debit card with some good travel benefits then Axis Burgundy World Debit Card would be your ideal choice. They offer some of the best banking solutions and is integrated with wealth management as well as capital raising. Here are the best Axis bank credit cards.

Eligibility

This card is available to Burgundy Account holders. I’ve reviewed Axis bank’s Burgundy services here, do check it out.

Benefits

  • You earn 6 edge royalty points for every Rs 200 spent internationally using this card and 2 edge points for every Rs 200 spent within India.
  • Buy one and get one free movie ticket from bookmyshow.com
  • This card gives you an enhanced cash withdrawal of up to 2 lakh and purchases of up to 6 lakh.
  • You get up to a 15% discount on your dining benefits at over 1500 restaurants across India.
  • Travel in comfort with complimentary lounge access at select airports across India.
  • This card comes with a personal accident insurance cover of 15 lakh and a lost liability of up to 6 lakh.
  • Earn accelerated reward points not only on your spending but also on loan transactions, saving accounts, and more.

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ATM withdrawal limit(per day)Rs 2 lakh
Annual feesNil
Purchase limitRs 6 lakh
Personal Accident Insurance coverRs 15 lakh
Lost Card LiabilityRs 6 lakh

Drawbacks

This card is useful mostly for people who have to deal with large sums of money on a daily basis. Otherwise, for a common man, such a huge amount would be needed only in times of emergency.

Summary

Axis Burgundy Debit Card has a high withdrawal limit which puts it apart from all other cards. For people who travel often and have requirements for large sums can definitely benefit from this card. Apart from this personal accident, dining and lost liability are other benefits we get from this card.

  Top Axis Bank Credit Cards in India

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SBI Basic Debit Card

SBI Debit Card

State Bank of India gives you numerous benefits like cashless transactions, easy bill payment, and even access to millions of merchant outlets in India. You have access to a vast network of 43,000+ ATMs across India.

Their facility also extends to any ATM belonging to the State Bank Group as well as associate banks (e.g.- State Bank of Bikaner & Jaipur, State Bank of Patiala, State Bank of Hyderabad, etc.). These days, they are offering up to 10% cashback and discounts on online purchases at online shopping websites like Flipkart and Amazon as well. Some of the offers under their reward program include.

Eligibility

  • They must be residents of India
  • They must submit identity, address, and income proof.

Benefits

  • Freedom Rewardz: This is a debit card rewards program introduced by SBI. For every Rs 200 spent on dining, shopping, and fuel you gain 1 reward point.
  • State Bank Smart Shoppe: This is an online marketplace introduced by SBI.
  • Shop Big Gain Big: The SBI customers can win products hourly and weekly for every debit card.
  • Avail discounts on jewelry purchases on the auspicious occasion of Akshaya Tritiya.

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Minimum cash withdrawalRs 100
Maximum cash withdrawalRs 40000
At the point of Sale maximumRs 50000
Annual maintenance chargeRs 100
Card replacementRs 204

Drawback

The maximum amount that can be withdrawn is just Rs 40000. Axis Burgundy World Debit Card allows you to withdraw up to 2 lakh.

Summary

SBI debit card is one of the basic debit cards offered by SBI. The advantage of using this card is that the charges are minimal but its privileges may be lesser. Again its wide acceptance makes it easier for cardholders to use the card anywhere within India as well as abroad. Do check out this article on the best credit cards from SBI.

HDFC Women’s Advantage Debit Card

10 Best Debit Cards in India

This card is exclusively for women and is meant for your shopping needs. This card also offers you cash back on fuel, insurance, mutual funds, and more. You can accumulate the points and redeem them later at any time of the year (points have 1-year validity).

Eligibility

They should have an account of either a Savings Account, Current Account, Super Saver Account, Loan Against Shares Account (LAS), or a Salary Account with the bank.

They should either be residents or NRE.

Benefits

  • 1 cashback for every Rs 200 spent on any purchase, online or at merchant outlets, at any time of the year.
  • Get fire and burglary protection of up to Rs 200000.
  • The daily withdrawal limit is Rs 25000 and Rs. 1.25 lacs at merchant establishments for shopping.
  • The cardholder is also entitled to a 50% discount on locker fees.
  • If the insured is traveling on holiday within India she is entitled to baggage insurance of 2 lakh.
ATM withdrawal limit(per day)Rs 25000
Annual FeesRs150
Purchase limitRs 1.25lakh
Personal Accident Insurance coverRs 2 lakh
Lost Card LiabilityRs 2 lakh

Drawback

  • It is applicable only to women.
  • The ATM withdrawal limit is only Rs 25000. Axis Burgundy World Debit Card allows you to withdraw up to 2 lakh.

Summary

HDFC Women’s Advantage Debit Card is designed exclusively for women. It is intended for all your shopping needs and comes with a cash-back feature. You are entitled to a 50% discount on the locker which is a good deal for women. Apart from this, you are also entitled to travel and personal accident insurance.

Bangalore Metro Coral Debit Card

Bangalore Metro Coral Debit Card is perfect for working professionals who have to use the metro daily. They offer convenience in travel and come with some superior privileges when it comes to the benefits. Apart from all this enjoy cashless benefits of shopping, dining and other privileges.

Eligibility

  • They must be residents of India
  • They must submit their identity, address, and income proof.

Benefits

  • As a welcome gift get Rs 1000 at Kaya Skin Clinic
  • On the first usage of the card for online or any other purchase, you get 1000 bonus payback points.
  • 15% discount every time you travel to Nammo metro.
  • Automatic recharge of your Namma Metro transit chip by Rs 200 whenever the balance on the chip drops below Rs 100
  • Buy one and get one ticket free from Bookmyshow.com
  • Get up to 15% off on dining privileges.
  • Complimentary airport lounges access.
  • Zero fuel surcharge at selected HPCL pumps.
  • You enjoy a higher withdrawal limit of Rs 150000.
  • Get Air accident insurance of 20 lakhs and personal accident insurance of 10 lakh.
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ATM withdrawal limit(per day)Rs 1.5 lakh
Joining FeeRs 599
Annual feesRs 599
Purchase limitRs 2.5lakh
Personal Accident Insurance coverRs 10 lakh
Lost Card LiabilityRs 2.5 lakh

Drawback

The annual charges are slightly high. Axis Burgundy Debit Card does not have any charge at all.

Summary

This card is definitely a shopper’s favorite as it does give importance to the shopping privileges. You do not have to worry about traveling as you get good concessions on your travel needs. Apart from this, you have airport access, a high withdrawal limit, and a fuel surcharge waiver as other additional benefits.

Axis Bank Online Rewards Debit Card

10 Best Debit Cards in India

Axis Bank debit card gives you the option for higher purchase transactions and gives you the option for better higher withdrawal facility. It has offices located all over the globe and caters to different business as well commercial clients. The debit card holders are also entitled to world-class offers, discounted prices, luxury indulgences, and flexible banking options. Here are the best Axis bank credit cards.

Eligibility

Identity, Income, and Address proof

Benefits

  • As a welcome gift, you get 2500 edge points worth Rs 500 on your first purchase within 30 days of receipt of the card.
  • 10% discount on movie tickets on bookmyshow.com
  • 3 points on every Rs 200 spent online using the card
  • 1 point for every Rs 200 on another spending.
  • Online shopping is also easier with the on secured platforms using Verified by Visa (VbV) and MasterCard Secure Code services.
  • Avail of 15% discount on dining in over 1400 restaurants across India.
  • Earn and redeem your points accumulated after making purchases using your Axis debit card. You have an option from over reward options including electronics, travel tickets, retail merchandise, and dining offers.
ATM withdrawal limit(per day)Rs 50000
Annual feesRs 500
Purchase limitRs 400000
Replacement FeeRs 200
Lost Card LiabilityRs 100000

Drawback

The withdrawal limit is not so high. The Axis Burgundy Debit Card gives you a withdrawal limit of up to 2 lakh.

Summary

Axis Bank is a perfect bank for the common man and has many banking products tailored accordingly. It has a withdrawal limit of up to Rs 50000 which is fine for all but it might fall short in case of emergency. But apart from that, the charges are pretty nominal and you lost card liability insurance cover too.

HDFC Easy shop Titanium Debit Card

10 Best Debit Cards in India

HDFC Easy shop Titanium Debit Card is good for your shopping needs and has some interesting offers too. The bank has the bank has over 4,280 branches across the country as well as over 11,840 ATMs. You can also avail of higher withdrawal limits of up to Rs 50000 and even avail a high shopping limit. Fuel surcharge, online shopping, and airport lounge facility are other benefits that can be availed along with this card.

Eligibility

  • This card is applicable for salary account holders
  • You also need to furnish identity, income, and address proof along with the papers.

Benefits

  • The maximum withdrawal limit is Rs 50000.
  • The card gives you free access to airport lounges.
  • Pay your fuel bills using the Easy shop Titanium Debit Card and the amount will be reversed to your account.
  • In the event, the card is misplaced or lost you will not have any liability. But it is important that you report it within 30 days.
  • Pay off your bills and tickets using the MasterCard Secure Code service.
ATM withdrawal limit(per day)Rs 50000
Annual feesRs 250
Purchase limitRs 1.75 lakh
Replacement FeeRs 200
Lost Card LiabilityRs 100000

Drawbacks

The card is only available for salary account holders.

Summary

Here is a card that gives a good withdrawal limit and has a good purchase limit too. This debit card is targeted at only shopping needs and gives you access to airport lounges too. For frequent travelers, this is a good debit card and is apt for paying off your bills.

YES Bank Gold and Silver Debit Cards

Best debit cards in India - YES Bank Gold

Yes Bank is customer-centric and is a service-driven bank that has a number of branches located in India. They have numerous shopping benefits and give you access to golf clubs as well as airport lounges across India. They also give access to thousands of ATMs for cashless payments across millions of retail outlets around the world. Apart from this, you are also given Lost Card Liability Protection’ and ‘Purchase Protection Insurance which gives protection for the customer.

Eligibility

  • They must be residents of India
  • They must submit their identity, address, and income proof.

Benefits

  • Get up to 2.5% savings on petroleum transactions. The waiver is subjected to a maximum of Rs 5000 per transaction.
  • Free withdrawal from ATM’S displaying the MasterCard, Maestro, Cirrus, NFS, and CashTree logos Daily purchase limit of up to INR 75,000.
  • Personal Accident Insurance up to INR 500,000 on Gold and up to INR 200,000 on Silver Debit Card.
  • Purchase Protection Insurance up to INR 25,000 on Gold and Silver Cards.
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ATM withdrawal limit Gold(per day)Rs 75000
ATM withdrawal limit Silver per dayRs 25000
Gold Annual feesRs 249
Silver Annual FeesRs 149
Personal Protection InsuranceRs 25000

Drawback

The withdrawal limit is good up to Rs 75000 but the Bangalore Metro card gives you up to Rs 1.5 lakh

Summary

Yes Bank is another popular bank that has a high withdrawal limit. You have access to shopping benefits, and airport lounges and even make payments easy as possible. This is also available with other debit cards too but the fees are comparatively lower and have a good insurance cover too.

Indus Ind Platinum Visa Debit Card

This is yet another card designed by the Indus Ind Bank offering to bring customer shopping and saving benefits in the form of cash points, rewards, gifts, and other seasonal offers. It gives you the maximum flexibility in terms of annual charges, retail connections, and many more.

Eligibility

  • They must be residents of India
  • They must submit their identity, address, and income proof.

Benefits

  • You can withdraw INR 49,999 daily.
  • You have around 1200 ATMs across the country and they can be used for withdrawing, depositing cash, or cheque.
  • You get a free air accident coverage of INR thirty lacs.
  • You also get a fuel surcharge waiver for up to INR 250/- per month, on your fuel bills
  • Its range of discounts as well offers to go from trendy wears to high-end gadgets, dining to traveling perks, discounts on jewelry to wellness treats, the bank has taken care to cover the entire breadth of lifestyle requirements.
  • You can enjoy purchase protection (both from online shopping and from any shop) of up to INR 50,000.
Maximum withdrawal from ATMRs 49999
Annual FeeRs 199
Purchase limitRs 200000
Replacement FeeRs 200
Lost Card LiabilityRs 300000

Drawback

You can withdraw a maximum of Rs 49999, which is not a high value.  Bangalore Metro card gives you up to Rs 1.5 lakh

Summary

Indus Ind Platinum Card gives you access to 1200 ATMs across the country and has a number of shopping benefits. You can avail of free air accident coverage and a fuel surcharge waiver of Rs 250 per month. The fee for this card is also very nominal and it also accompanies lost liability insurance too.

HSBC Premier Platinum Debit Card

10 Best Debit Cards in India

HSBC Premier Platinum Debit Card comes with numerous privileges and is perfect for your daily purchasing needs. The HSBC ATMs, as well as the affiliated ATMs, give you access to a number of merchant outlets In India as well as worldwide. You can also earn extra loyalty points as you make your expenses. These points can later be redeemed at merchant outlets.

Eligibility

Resident or Nonresident Indian having an account singularly or jointly with the bank.

Benefits

  • You can withdraw up to Rs 250000 per day.
  • You have access to some of the finest dining privileges in Mumbai, Bangalore, Delhi, and Kolkata.
  • Enjoy 24-hour access to concierge services being an HSBC Premier Platinum Debit Cardholder
  • Earn points as you spend at select merchant outlets and from banking transactions that happen
  • The lost card liability feature protects you from the loss of a card provided that you report it within 30 days of the loss.
Maximum withdrawal from ATMRs 250000
Annual FeeNil
Purchase limitRs 250000
Replacement FeeNil
Lost Card LiabilityRs 100000

Drawback

The withdrawal limit of 250000 is fairly a big amount and cannot be of use to people with small dealings.

Summary

HSBC has introduced a Premium platinum card for some of the finest privileges in the country. You are also entitled to concierge services and you can also get maximum points from the transactions generated from the card. The loss liability feature is also apt as it protects the cardholder in case of any loss. The best advantage is that you don’t have to pay any annual or replacement fee for the card.

Canara Platinum Debit Card

This is one of the premium debit cards offered by Canara Bank. It is a photo id card and is globally accepted everywhere. It has 10 years of validity and gives you plenty of options as a cardholder. You can avail of travel assistance, lost card assistance, emergency card replacement, and many other services too.

Eligibility

You have to maintain a quarterly balance of Rs 100000.

Benefits

  • The customers are eligible for Global Customer Access Service (GCAS) which is available to all made available to all Visa Platinum cardholders when they travel overseas, either for business or leisure.
  • You can acquire information on Visa products or any other bank-related products with the cardholder inquiry service.
  • The travel information also covers pre-departure travel information, details of consulates and embassies, visa and inoculation requirements, and the location of ATM.
  • Emergency medical assistance gives you information on physicians, hospitals, clinics, dentists, and dental clinics.
  • These cardholders are eligible for concierge services offered by the VISA GCAS services numbers.
Maximum withdrawal from ATMRs 50000
Annual FeeRs 100
Purchase limitRs 200000
Replacement FeeRs 50
Lost Card LiabilityRs 100000

Drawback

This card is available only for cardholders who can maintain a 1 lakh balance.

Summary

This is a card offered to the elite group of customers. The maximum withdrawal limit is Rs 50000 which is not too high but again certainly useful in times of emergency. The annual and replacement fee is also very low. The card comes with travel information, medical assistance, and also comes with concierge services too.

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If you got any questions, please feel free to ask in the comments.

3 Comments on “10 Best Debit Cards in India”

  1. IDBI Rupay Platinum debit card is an attractive one and should be included in this list in my opinion

  2. Hi Mani, Above were good insights. Will like to know the most used and or swiped Debit cards in India ? What do you think based on your research. One obvious guess could be debit cards from SBI given that it is the largest bank with max account holders – but then it will have many account types that do not swipe debit card … next guess would be ICICI as it is 2nd largest and is more metro based and chances of it account holders to swipe debit card is higher …. what are your thoughts

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