Axis BankAxis Bank Secure+ Debit Card – Benefits, Fees & Eligibility
Is the Axis Bank Secure+ Debit Card Right for You?
The Axis Bank Secure+ Debit Card is best suited for users who prioritize Everyday Use, International Spends, Premium. With an issuance fee of ₹300 + GST and an annual maintenance charge of ₹300 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of 1 point for every ₹200 spent on non-fuel purchases.
Key Card Details
₹300 + GST
₹300 + GST
Reward Points
3.5% + 1% DCC markup
1 point for every ₹200 spent on non-fuel purchases
₹50,000
₹2,00,000
Notable Perks
Insurance Coverage
Personal Accident (₹5L), Air Accident (₹1Cr), Price/Purchase Protection (₹50K), Baggage Loss (500 USD)
Account Requirement
Default debit card for resident EASY Non-Salary savings accounts.
Things to Consider
Incurs both an issuance fee and an annual maintenance charge.
Levies a significant cross-currency markup and DCC fee on international spends.
Excludes essential categories like fuel and utilities from earning reward points.
Benefits & Features
Rewards Rate
1 point for every ₹200 spent on non-fuel purchases
Reward Type
Reward Points
Insurance Coverage
Personal Accident (₹5L), Air Accident (₹1Cr), Price/Purchase Protection (₹50K), Baggage Loss (500 USD)
Daily ATM Withdrawal Limit
₹50,000
Daily POS/Online Spend Limit
₹2,00,000
Account Requirement
Default debit card for resident EASY Non-Salary savings accounts.
Fees & Charges
Issuance Fee
₹300 + GST
AMC Fee
₹300 + GST
Foreign Currency Markup
3.5% + 1% DCC markup
Card Replacement Fee
₹200
Pros & Cons
Pros
Key benefits and features of this card.
Offers high daily transaction limits for both ATM withdrawals and POS/online purchases.
Provides comprehensive insurance coverage including personal accident and purchase protection.
Enables global usage with easy activation for international transactions.
Features contactless payment for quick and secure transactions up to ₹5,000.
Ensures enhanced security with instant card blocking and real-time SMS alerts.
Cons
Key drawbacks and limitations of this card.
Incurs both an issuance fee and an annual maintenance charge.
Levies a significant cross-currency markup and DCC fee on international spends.
Excludes essential categories like fuel and utilities from earning reward points.
Offers a relatively low reward rate of 1 point for every ₹200 spent.
Insurance benefits are conditional, requiring timely reporting of card loss.
Product Details
Visa platform for secure transactions.
Contactless payment facility with a limit of ₹5,000.
Easy PIN generation via ATM or phone banking.
Instant SMS alerts for all debit card transactions.
Quick card blocking option through app, internet banking, or helpline.
MyDesign option available for card personalization.
Default card for Axis Bank resident EASY Non-Salary savings accounts.
High daily transaction limits for ATM withdrawals and POS purchases.
Benefits & Features
Rewards Rate
1 point for every ₹200 spent on non-fuel purchases
Reward Type
Reward Points
Insurance Coverage
Personal Accident (₹5L), Air Accident (₹1Cr), Price/Purchase Protection (₹50K), Baggage Loss (500 USD)
Daily ATM Withdrawal Limit
₹50,000
Daily POS/Online Spend Limit
₹2,00,000
Account Requirement
Default debit card for resident EASY Non-Salary savings accounts.
What matters, explained clearly
Introduction
The Axis Bank Secure+ Debit Card is designed to offer secure and seamless transactions, backed by enhanced safety features for confident spending and saving. It is the default debit card provided for resident EASY Non-Salary savings accounts. Key differentiating benefits include high transaction limits, contactless payment capabilities, lost baggage assistance, and a convenient one-call service for support.
Transaction Limits & Usage
- Daily ATM Withdrawal Limit: ₹50,000
- Daily POS/Online Transaction Limit: ₹2,00,000
- Contactless Payment Limit: Up to ₹5,000
- Minor Accounts Limits:
- Daily cash withdrawal limit: ₹5,000
- Daily purchase limit: ₹10,000
- International Usage: The Secure+ Debit Card allows transactions across the world. This service can be easily enabled through an Axis Bank Branch, Mobile App, or Internet Banking.
Fees and Charges
- Issuance Fee (Primary/Joint): ₹300
- Annual Fees: ₹300
- Card Replacement Charges: ₹200
- Cross-Currency Mark-up: 3.5% will be levied on all international cash withdrawal and purchase transactions.
- Dynamic Currency Conversion (DCC) Markup Fee: 1% plus GST will be applicable.
- Goods and Services Tax (GST): Applicable on all mentioned fees and charges.
Rewards & Offers
eDGE Loyalty Rewards
- Earn 1 point for every ₹200 spent on non-fuel purchases (domestic and international transactions) at merchant outlets.
- Points can be redeemed for 500+ rewards and offers available in the Edge Loyalty Rewards Catalogue.
- Exclusions: Effective November 1, 2017, Edge Loyalty Rewards Points are not earned on certain merchant categories, including Charities, Mutual Funds, Telecom, Education, Utilities, Government/Insurance, Public Sector Life Insurance, Purchase of foreign currency, Post Office, Fuel, and Transportation.
- The rewards structure on the Debit Card was revised effective 15th June 2022.
- Terms and conditions on the Axis Bank Debit Card will be updated w.e.f. 1st May 2024.
Insurance Cover
- Personal Accident Insurance Cover: Up to ₹5 lakh.
- Air Accident Insurance Cover: Up to ₹1 Crore.
- Price Protection: Up to ₹50,000.
- Purchase Protection: Up to ₹50,000.
- Baggage Insurance: Insurance on Baggage Loss/Checked in baggage, and Baggage Delay up to 500 USD.
- Fraud Protection: Dispute cases will not be considered as financial fraud if a mobile OTP is compromised.
- Conditions: To avail of the insurance cover, a report must be made to Axis Bank within 90 days of the loss of the card.
Account & Eligibility Criteria
Eligibility for Secure+ Debit Card
- The Secure+ Debit Card is the default debit card for resident EASY Non-Salary savings accounts.
Documentation for Secure+ Debit Card
- No extra documents are required for issuing the Secure+ Debit Card to existing Axis Bank savings account customers.
- Customers can visit their nearest branch to apply or apply online.
Important Product Details
- Card Platform: Visa - Secure+.
- Contactless Payments: Enjoy contactless payments with an increased transaction limit of up to ₹5,000.
- PIN Generation: Easily generate your Debit Card PIN anytime at your nearest Axis Bank ATM or by calling Axis Bank phone banking.
- Instant Alerts: The SMS alerts facility sends instant alerts each time the debit card is used to withdraw cash. Other important information received via SMS includes balance inquiry, debit or credit alerts, and transaction details.
- Instant Card Blocking: In case your debit card is lost/stolen or misuse is suspected, you can immediately block your card by calling the Helpline Number (1800 209 5577/1800 103 5577/1860-419-5555/1860-500-5555), or by logging into the Axis Bank Mobile App or Internet Banking and selecting the ‘Block and Replace’ option in the Debit Cards section.
- MyDesign: Option available as per choice of image.
Other Details
- Users are advised not to use their Debit Card or online banking facility or any other means for collecting and effecting/remitting payments directly/indirectly outside India in any form towards overseas foreign exchange trading through electronic/internet trading portals. Such actions may lead to contravention of the Foreign Exchange Management Act (FEMA), 1999, and violation of Know Your Customer (KYC) norms/Anti Money Laundering (AML) standards, as per RBI Circular: A.P. (DIR Series) Circular No. 46 dated Sep 17, 2013.
- General terms and conditions apply to the use of the Debit Card.