Table of Content
- How to Apply for a Debit Card?
- How to Apply for a Debit Card Online?
-
- Know the Debit Card’s Terms and Conditions
- How to Apply for a Bank of Baroda Debit Card?
- Conclusion
Debit cards are alternative plastic cash cards that come with savings and current accounts. People in the country have reached a comfort point using debit cards, especially owing to the ease of a transaction. Linked to the savings account they allow you to spend the money in your savings account. So, if you haven't yet discovered debit cards and their advantages, we will take you through a step-by-step guide on how to apply for a debit card. Read on to get a quick idea of the debit card application process.
How to Apply for a Debit Card?
Though debit cards are given to the account holder with the account, a debit card application is required. Most major banks do not need a separate application and automatically furnish applicants with a debit card upon opening an account. However, those banks that do not automatically provide debit cards, do so by submitting a debit card application. The debit card is supplied in few days time.
How to Apply for a Debit Card Online?
Debit cards can also be applied online. This simple process will help you procure one in a few easy steps:
- Visit your bank's website
- Go to the retail banking/personal banking/debit/credit card section
- Click on 'debit card apply online
- Choose the category of debit card that you prefer. Check the benefits and features of debit card before applying
- Submit the details and documents that are required with the card, if any, as the bank has them when you opened the account
- The bank takes about 2-3 days to issue a debit card to your address
- Once the debit card reaches you, have to set a Personal Identification Number (PIN) through the ATM, net banking or mobile banking app. This is the key to all your transactions.
Debit Card Fees & Charges
Debit cards offer many services to customers making their life easier than it was when dealing with cash. It is not just about payment but rewards and discounts too. For these experiences, the banks have affixed paltry charges annually which include maintenance.
•Debit Card Re-issuance
If the card gets misplaced or stolen, you need another one as it is difficult to live without a debit card in this day and age. A small replacement charge will get you a fresh card.
•Annual Maintenance
There is an annual maintenance charge that differs from bank to bank. Check the maintenance charges of your card from your bank.
•Debit Card PIN Regeneration
If you forget your debit card PIN the bank helps you to regenerate it at a fee.
Know the Debit Card’s Terms and Conditions
- A debit card is a contract between the bank and the cardholder
- The cardholder needs to agree to the terms offered by the bank on the debit card for using the same
- By signing on the reverse of the debit card the cardholder accepts all conditions
- The card can be activated at the ATM
- The cardholder should generate his green PIN
- Banks can amend the terms and conditions on the card
- All account holders are eligible for a debit card
- The cardholder can surrender the card to the bank with a written application
How to Apply for a Bank of Baroda Debit Card?
BoB debit cards can be applied by the following means:
- You can get the debit card in person at the local branch when you open the account.
- You can apply online through the BoB World App
- You can apply for a debit card from the BoB World Internet
Conclusion
A debit card is one of the strongest banking instruments that not just helps you to make payments but adds value to life in so many other ways. Having a debit card from an affluent bank such as the Bank of Baroda is an advantage. The bank gives you a choice of debit cards to select from. Debit cards in today’s world are a necessity. Give your lifestyle a fillip with a BoB debit card.
FAQs
You can visit your bank's website and apply for a debit/ Credit Card in the personal banking/ retail banking section. Within Debt Cards as well, you can choose which category you wish to apply for.
What is the procedure to apply debit card? ›
You can visit your bank's website and apply for a debit/ Credit Card in the personal banking/ retail banking section. Within Debt Cards as well, you can choose which category you wish to apply for.
What are the requirements for applying for a debit card? ›
The requirements for obtaining a debit card are pretty straightforward. Typically, several forms of valid identification are needed, which could include a combination of a driver's license, passport and/or Social Security card. People under 18 may need an adult to cosign if they are opening a checking account.
What is the process of a debit card? ›
In debit card processing, the consumer enters their card number and initiates the card payment process. The processor facilitates the reading of the card information, the approval with the acquirer and card network, and the transferring of the transaction amount from the cardholder's account to the merchant account.
How do I use a new debit card for the first time? ›
Here's how:
- Take the debit card and its pre-assigned four-digit PIN to your bank's ATM.
- Insert the debit card in the ATM and use the PIN provided by the bank.
- Follow the prompts on your bank's ATM screen to finalize activation of your debit card.
How to get a debit card
- Step one: Open a checking account.
- Step two: Request your debit card.
- Step three: Activate your card — and start using it.
- Things to watch out for when you have a debit card.
- What to do if your debit card is lost or stolen.
- Alternatives to a bank account debit card.
Prepare the documents: To apply for a new debit card, you will need to fill out the required information and provide documents such as copies of your ID proof, address proof, and PAN card. Apply and submit the application: After submitting your application, your debit card will be issued within a few working days.
What bank will give you a debit card right away? ›
With the First United Instant Issue Debit Card. You'll be on your way in no time! No more waiting weeks to get your debit card in the mail. We print your First United debit card immediately after you open a new checking account.
Do you need your Social Security to get a debit card? ›
The answer: Yes! You can open a U.S. bank account even if you don't have a Social Security number or card. While every bank has different criteria, some will accept an individual tax identification number (ITIN) instead. Here's what you need to know about the process.
Which bank gives free debit cards? ›
IDBI Bank Basic Savings Account Features and Benefits
Get an ATM cum Debit Card (free of cost) and cheque book on request.
When you open a checking account at a bank or credit union, you usually get a debit card. A debit card lets you spend money from your checking account without writing a check. When you pay with a debit card, the money comes out of your checking account immediately. There is no bill to pay later.
What are the disadvantages of a debit card? ›
Disadvantages of a Debit Card
- You can't charge purchases with a promise to pay later: One of the benefits of credit cards is that you can make charges now with a plan to pay off the balance later. ...
- Large purchases can be a hassle: Some debit cards have spending limits that can complicate efforts to make large purchases.
While checking accounts and debit cards are often presented by banks as a package deal, it's important to understand the difference. A checking account provides you with access to funds through deposits and withdrawals. When you open a new checking account, you can apply to receive a debit card.
How to use your debit card for the first time? ›
You don't need to do anything to activate your debit card. You'll be able to use it to make online payments as soon as it arrives in the post. If you've opened a new current account, we'll also send your PIN in the post. You'll need to wait for your PIN to use your card at cash machines or in shops.
How can I start my debit card? ›
How to activate a Debit Card?
- Once you get your welcome kit from the bank, along with the Debit Card, there is an ATM pin given in a sealed envelope.
- When you go to the ATM, enter your Debit Card and enter the ATM pin provided in the welcome kit. ...
- Change your ATM PIN and use the card henceforth for regular transactions.
This simple process will help you procure one in a few easy steps:
- Visit your bank's website.
- Go to the retail banking/personal banking/debit/credit card section.
- Click on 'debit card apply online.
- Choose the category of debit card that you prefer.
Debit Card Related Charges
| Sl.No | Particulars | Charges Rs. |
|---|
| 1. | Issuance fee | 150/- Plus GST |
| Reloading charges | 10/- Plus GST |
| Replacement of card | 150/- Plus GST |
| 2. | Gift Card: |
12 more rowsHow to activate a Debit Card?
- Once you get your welcome kit from the bank, along with the Debit Card, there is an ATM pin given in a sealed envelope.
- When you go to the ATM, enter your Debit Card and enter the ATM pin provided in the welcome kit. ...
- Change your ATM PIN and use the card henceforth for regular transactions.
All banks and credit unions are required by federal law to collect information about people opening financial accounts to verify identity. Ensure you have a government-issued photo ID to prove your identity.
