Digital technology has brought in tremendous difference in the way banking transactions are conducted. You no longer have to visit a bank branch to withdraw funds. Also, the need to carry cash for shopping, paying utility bills, etc., is no longer necessary. All the credit goes to the introduction of debit cards. There are various types of credit cards and among them, the Visa debit card is the most popular due to its wide acceptance. Read on to understand everything about Visa Debit Cards
What is a Visa Debit Card?
Visa is one of the premier global financial corporations and has a well-established presence across over 200 countries to expand the adoption of digital payment methods. Visa debit cards offer a secure and simple means of accessing your funds directly from your bank account. These cards are globally accepted and facilitate translations both offline as well as online.
As a worldwide provider, Visa has formed partnerships with numerous banks and financial institutions, streamlining access to their debit card offerings. These cards are intricately linked to your savings account, enabling seamless deductions with each card swipe. Visa serves as a dependable payment network, supporting your financial transactions effortlessly.
Different types of Visa Debit Card
Visa provides a diverse selection of debit cards, each designed to meet various requirements and depending on your type of savings or current account. Let’s explore the Visa Debit Card options:
Visa Classic Debit Card:
Visa Classic Debit Card is versatile and serves as both an ATM and Debit Card, allowing for cash withdrawals and transaction payments. It’s ideal for retail and online purchases and includes features such as:
- Access to funds from over 1.9 million ATMs across 200+ countries.
- Round-the-clock global customer support is offered by Visa.
- Emergency card replacement and cash withdrawal services.
Visa Gold Debit Card
Elevating your experience, the Visa Gold Debit Card offers a higher spending limit and exclusive benefits in retail, dining, travel, and entertainment. It encompasses:
- Acceptance at 1.9 million ATMs worldwide, enabling cash withdrawals.
- Emergency card replacement and 24/7 toll-free global customer assistance.
- Assistance with travel, medical, and legal matters.
Visa Platinum Debit Card
An enhanced version of the Gold Debit Card, the Visa Platinum Debit Card provides superior privileges, including:
- Global customer support for lost cards, account blocking, card replacement, and emergency cash.
- Acceptance at merchants worldwide and access to 1.9 million ATMs.
- Exclusive discounts, offers, and 24/7 concierge services for various lifestyle activities.
Visa Signature Debit Card
Featuring 24/7 concierge services, exclusive rewards, discounts, and offers, the Visa Signature Debit Card offers you the ability to:
- Withdraw cash from over 1.9 million ATMs worldwide.
- Access global customer support for card blocking and emergency cash.
- Take advantage of global merchant acceptance.
Visa Infinite Debit Card
As one of Visa’s premier offerings, the Visa Infinite Debit Card encompasses all the benefits of other Visa cards and extends further with:
- Complimentary access to airport lounges.
- 24/7 Visa Infinite concierge services.
- Additional perks, including discounts, rewards, and cash withdrawals.
These Visa Debit Cards cater to a range of preferences, ensuring that you have access to the features that align with your financial and lifestyle needs.
Features & Benefits of Visa Debit Card
Visa Debit Cards are widely accepted at numerous POS locations both within the country and abroad. Here are the key features and benefits of Visa Debit Card
- With a Visa Debit Card, accessing cash is hassle-free through a vast network of over 1.9 million ATMs worldwide. It serves as a secure and convenient alternative to carrying physical currency. Visa cards grant you immediate and protected access to your funds, whether you are transacting over the phone, in-person, online, or abroad.
- Visa Debit Cards are renowned for their widespread acceptance by merchants across the globe. You can make purchases internationally wherever Visa Debit Cards are acknowledged by enabling the international transactions feature on your card. Keep in mind that your bank may levy a nominal overseas transaction fee, typically ranging from 1.5% to 3.5% of the withdrawn amount, depending on your card variant.
- Visa’s payment gateway is among the most utilised and secure platforms, bolstered by added security features like Verified by Visa. For in-store transactions, simply swipe your card at the POS terminal and enter your passcode. For online purchases, provide your card details, including the card number, your name, expiry date, and CVV, at the merchant’s website. Following this, you will receive an OTP on your registered mobile number for authentication.
- Depending on your Visa debit card type and issuer, you can access a range of exclusive benefits and privileges. These may include 24×7 Visa Concierge services, bonus reward points, additional discounts, early booking advantages, dining discounts, and more.
Types of Visa Debit Cards
The types of Visa Debit Cards are:
- Visa Classic Debit Card
- Visa Gold Debit Card
- Visa Platinum Debit Card
- Visa Signature Debit Card
- Visa Infinite Debit Card
Top Visa Debit Card Options in 2023
The top Visa Debit Card options are:
- Kotak Platinum Debit Card
- Kotak Privy League Platinum Debit Card
- Kotak Privy League Signature Debit Card
- ICICI Bank Coral Plus Debit Card
- ICICI Platinum Debit Card
- HDFC Millenia Debit Card
- HDFC Moneyback Debit Card
- HDFC Infiniti Debit Card
- HDFC Easyshop Platinum Debit Card
- IndusInd Bank Visa Classic Debit Card
- IndusInd Bank Visa Signature Debit Card
- SBI Platinum Visa International Debit Card
- Axis Bank Visa Platinum Debit Card
- PNB Visa Signature Debit Card
- Yes Bank Visa Platinum Debit Card
- IDFC First Visa Signature Debit Card
- Union Bank Visa Business Platinum Debit Card
How to Apply for Visa Debit Cards?
The welcome kit provided by the bank upon opening an account includes a debit card. If you have not received a debit card you can also apply for the Visa Debit Card online and offline.
Follow the procedure given below for Visa Debit Card apply online
- Visit the official website of the bank
- Locate the ‘Debit Card’ option on the home page.
- Select the debit card variant as per your eligibility and requirements.
- Complete the online application form and submit it.
- The bank will review the information provided in the application form and process the request.
- You will receive the debit card to your communication address in the bank records within 10 to 15 days.
To apply for the debit card offline
- Visit the branch where you have your account
- Fill in the debit card application and submit it at the designated counter
- The bank will verify the information in the application and process the request.
- The card will be dispatched to your registered contact address within 10 to 15 days.
Top Visa Debit Card Issuers in India
Top Visa Debit Card Issuers in India are:
- State Bank of India
- HDFC Bank
- ICICI Bank
- Punjab National Bank
- IDFC First Bank
- IndusInd Bank
- Kotak Mahindra Bank
- Yes Bank
- Axis Bank
- HSBC Bank
Visa Debit Card FAQ’s:-
Visa Debit Cards can be used at ATMs to withdraw cash. They can be used online for shopping, paying utility bills, for flight and train bookings, at POS locations for retail purchases, and many more.
Normally there are no charges for issuing a debit card. However, banks may charge for issuing duplicate/replacement cards.
The banks generally dispatch a fresh card much before the expiry of the existing card.
If your bank has provided a PIN along with the debit card, you will have to set a new PIN of your choice. You can also set a PIN for your debit card even if the bank has not provided a PIN along with the card. The procedure to follow is:
Visit the nearest ATM
Insert the Visa Debit Card in the slot provided
Enter the 16-digit debit card number
Enter the ATM PIN if the bank has provided one otherwise choose the ‘Green PIN’ option
You will be prompted to set a new PIN
Enter the new PIN (4-digit)
Re-enter the PIN to confirm
Your PIN is generated successfully message will appear on the screen
You can transact with your debit card using the new PIN