Central Bank Of India Debit Card - Check Benefits of Central Bank Of India Visa ATM / Debit Cards | 2024 (2024)

Central Bank of India Debit Card

Do you dread standing at long ATM queues, waiting in line to make utility bill payments and feared robbery in the city? Well, with the advent of the debit card, all the above hassles are completely done away with. Debit cards are commonly known as plastic money and people generally prefer this to actual money in hand. Customers who have debit cards enjoy so many benefits such as shopping cashless and making bill payments with easy. In addition to all this, a Debit Card has many more features such as cashbacks, discounts, partner tie-ups, airport lounge access, reward points and so on.

About Central Bank of India Debit Card

• Types of Central Bank of India Debit Cards
• Features of Shopping cum Debit Card
• Features of Wonder Card
• Features of RuPay Debit Card
• Features of Platinum Debit Card
• Features of neXGen Debit Card
• Features of Platinum RuPay Debit Card
• FAQs: Central Bank of India Debit Cards

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.

(1) What is the transaction limit on Platinum RuPay Debit Card?

One can withdraw up to Rs.1,00,000 and there is a shopping limit (POS & E-commerce) of Rs.2,00,000.

(2) What is a CVV number?

Card Verification Value (CVV) for Visa and Mastercard are used for online transactions. It is the final 3 digits of the number printed on the signature behind the debit card.

(3) What are the different debit cards offered by Central Bank of India?

There are six debit cards offered - Shopping cum Debit Card, Wonder Debit Card, RuPay Debit Card, Platinum Debit Card, neXGen Debit Card and Platinum RuPay Debit Card.

(4) Who are eligible to apply for neXGen Debit Card?

All account holders who are minors aged between 10 years to 18 years are eligible for this debit card.

(5) What is the transaction limit on the neXGen Debit Card?

The withdrawal limit & shopping limit (POS & E-commerce) is Rs.5,000/-

Debit Card