What are Bank of India Debit Card Charges, Benefits and Eligibility?

News: A debit card is a handy financial tool that allows you to make purchases, withdraw cash, and manage your money conveniently. Bank of India (BOI) offers various types of debit cards, each with its own features and benefits. Let’s dive into the details!

Types of Bank of India Debit Cards

1. Classic Debit Cards: These are standard debit cards suitable for everyday transactions. They come with a daily withdrawal limit of up to Rs. 25,000 and a daily purchase limit of the same amount.

2. Platinum Debit Cards: If you’re looking for something extra, consider the platinum debit card. It offers additional privileges like special offers on dining, travel, entertainment, and lifestyle activities.

3. Premium Debit Cards: These cards provide enhanced features and benefits. They are perfect for those who want more than just basic banking services.

Eligibility Criteria

To apply for a Bank of India debit card, you need to meet the following eligibility criteria:

Account Type: You must have an active savings or current account with Bank of India.

Age: The minimum age requirement varies based on the type of debit card. Generally, it’s 18 years or above.

Benefits of Bank of India Debit Cards

1. Convenience: Debit cards allow you to make cashless transactions at various merchant outlets, online stores, and ATMs.

2. Security: Bank of India debit cards come with chip and PIN technology, ensuring maximum security against cyberattacks.

3. Reward Points: Earn reward points for every transaction and redeem them for exciting gifts and discounts.

4. Lounge Access: Some premium debit cards offer access to airport lounges, making your travel experience more comfortable.

5. Insurance Coverage: Depending on the card type, you may get insurance coverage for travel, health, or other emergencies.

Charges Associated with Debit Cards

Annual Maintenance Fee: Some debit cards may have an annual fee. Check the specific card details for accurate information.

Transaction Charges: While most transactions are free, certain services (like using another bank’s ATM) may incur charges.

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How to Apply?

Applying for a Bank of India debit card is easy:

1. Visit the official Bank of India Debit Card page.

2. Choose the type of card that suits your needs.

3. Follow the instructions to apply online.

Bank of India debit cards offer a seamless banking experience, combining convenience, security, and attractive benefits. Choose the right card based on your preferences and start enjoying the perks today!

FAQs

1. Are there any extra costs for getting a new prepaid card or adding money to it?

Certainly! There are specific fees for replacing, converting, or adding funds to prepaid cards. These charges may vary depending on the type of card and the service you need.

2. Is it possible to use my Bank of India debit card outside the country?

Absolutely! Bank of India debit cards can be used internationally, offering you the convenience of making purchases in different currencies.

3. How do I find out how many reward points I’ve earned with my Bank of India debit card?

You can easily check your reward points earned through your Bank of India debit card by logging into your online banking account or reaching out to customer service for assistance.

Disclaimer: Please note that all content and tools on this website are provided for your convenience and are offered “as is” without warranties. The information provided, including any tool-generated output, is for informational purposes only and should not be considered investment advice or guarantees. Exercise caution, seek professional advice, and make independent judgments before acting on any information found on this site.