Bank of IndiaBank of India Rupay PMJDY Debit card – Benefits, Fees & Eligibility
Is the Bank of India Rupay PMJDY Debit card Right for You?
The Bank of India Rupay PMJDY Debit card is best suited for users who prioritize Everyday Use, Premium, Travel. With an issuance fee of ₹400 + GST and an annual maintenance charge of ₹400 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Merchant Vouchers as its primary reward mechanism.
Key Card Details
₹400 + GST
₹400 + GST
Merchant Vouchers
3.5% plus applicable taxes
₹50,000 per day
₹2,00,000 per day
Notable Perks
Welcome Offer
Complimentary annual health check-up, gym membership, OTT subscriptions, spa services, and golf program access.
Domestic Lounge Access
Complimentary domestic airport lounge access.
Insurance Coverage
Personal accidental death cover up to ₹10 lakhs and purchase protection against theft, loss, or damage.
Fuel Surcharge Waiver
1% waiver on transactions between ₹400 and ₹5,000, max waiver ₹100 per transaction and ₹200 per month.
Account Requirement
Requires specific savings account tiers with applicable Minimum Average Balance (MAB) requirements.
Free ATM Transactions
Free at Bank of India ATMs.
Things to Consider
High foreign currency markup of 3.5% makes international usage expensive.
Daily ATM and POS limits may be restrictive for high-net-worth individuals.
Annual Maintenance Charge of ₹400 applies, reducing net savings for low-usage customers.
Benefits & Features
Welcome Offer
Complimentary annual health check-up, gym membership, OTT subscriptions, spa services, and golf program access.
Reward Type
Merchant Vouchers
Domestic Lounge Access
Complimentary domestic airport lounge access.
Insurance Coverage
Personal accidental death cover up to ₹10 lakhs and purchase protection against theft, loss, or damage.
Travel Benefits
Complimentary domestic airport lounge access.
Daily ATM Withdrawal Limit
₹50,000 per day
Daily POS/Online Spend Limit
₹2,00,000 per day
Account Requirement
Requires specific savings account tiers with applicable Minimum Average Balance (MAB) requirements.
Fees & Charges
Issuance Fee
₹400 + GST
AMC Fee
₹400 + GST
Foreign Currency Markup
3.5% plus applicable taxes
Fuel Surcharge Waiver
1% waiver on transactions between ₹400 and ₹5,000, max waiver ₹100 per transaction and ₹200 per month.
Free ATM Transactions
Free at Bank of India ATMs.
ATM Withdrawal Charges
Charges apply for other bank ATMs as per the bank's schedule.
Card Replacement Fee
₹300 plus applicable taxes
Pros & Cons
Pros
Key benefits and features of this card.
Complimentary annual health check-up and gym membership add significant lifestyle value.
High personal accident insurance cover of up to ₹10 lakhs provides financial security.
Access to the RuPay Select wellness ecosystem including OTT and spa benefits.
Fuel surcharge waiver helps save on fuel purchases within specified limits.
Cons
Key drawbacks and limitations of this card.
High foreign currency markup of 3.5% makes international usage expensive.
Daily ATM and POS limits may be restrictive for high-net-worth individuals.
Annual Maintenance Charge of ₹400 applies, reducing net savings for low-usage customers.
Product Details
Issued on the RuPay Select network.
Contactless enabled for tap-and-pay transactions.
Linked to specific savings account tiers with MAB requirements.
Complimentary access to RuPay Select wellness ecosystem.
Comprehensive personal accident insurance cover included.
International usage enabled for global transactions.
Benefits & Features
Welcome Offer
Complimentary annual health check-up, gym membership, OTT subscriptions, spa services, and golf program access.
Reward Type
Merchant Vouchers
Domestic Lounge Access
Complimentary domestic airport lounge access.
Insurance Coverage
Personal accidental death cover up to ₹10 lakhs and purchase protection against theft, loss, or damage.
Travel Benefits
Complimentary domestic airport lounge access.
Daily ATM Withdrawal Limit
₹50,000 per day
Daily POS/Online Spend Limit
₹2,00,000 per day
Account Requirement
Requires specific savings account tiers with applicable Minimum Average Balance (MAB) requirements.
What matters, explained clearly
Introduction
The Bank of India RuPay Select Debit Card is issued by Bank of India and is linked to specific savings account tiers. It is a premium contactless debit card offering a range of lifestyle, wellness, and banking benefits. The top differentiating benefits include complimentary annual health check-ups, free gym access, and a comprehensive personal accident insurance cover.
Welcome Benefits
- Complimentary annual health check-up.
- Complimentary gym membership access.
- Complimentary OTT platform subscriptions.
- Complimentary spa services.
- Complimentary golf program access.
Transaction Limits & Usage
- Daily ATM Withdrawal Limit: ₹50,000.
- Daily POS/Online Transaction Limit: ₹2,00,000.
- International Usage: Enabled for international transactions, subject to limits.
Fees and Charges
- Issuance Fee: ₹400 plus applicable taxes.
- Annual Maintenance Charge (AMC): ₹400 plus applicable taxes.
- Card Replacement Fee: ₹300 plus applicable taxes.
- ATM Withdrawal Charges: Free at Bank of India ATMs; charges apply for other bank ATMs as per the bank's schedule.
- Foreign Currency Markup: 3.5% plus applicable taxes on all international transactions.
- Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at all fuel stations in India, with a maximum waiver of ₹100 per transaction and ₹200 per month.
Rewards & Offers
- Lounge Access: Complimentary domestic airport lounge access.
- Insurance Cover: Personal accidental death cover of up to ₹10 lakhs.
- Purchase Protection: Coverage against theft, loss, or damage for purchases made using the card.
- Merchant Offers: Access to RuPay Select platform offers, including wellness, health, and lifestyle benefits.
Account & Eligibility Criteria
- The card is offered to customers maintaining specific savings account tiers as defined by the bank.
- Minimum Average Balance (MAB) requirements apply as per the linked account variant to keep the card free or avail of reduced charges.
Debit Card Review
This card is ideal for individuals seeking a premium debit card with strong lifestyle and wellness benefits without a high annual fee. The complimentary health check-up, gym access, and OTT subscriptions add significant value. However, the foreign currency markup is relatively high, making it less suitable for frequent international travelers. Overall, it provides excellent value for domestic users who can leverage the RuPay Select wellness ecosystem.
Important Product Details
- Positive Highlights:
- Complimentary annual health check-up and gym membership.
- Personal accident insurance cover of ₹10 lakh.
- Fuel surcharge waiver.
- Access to RuPay Select wellness benefits.
- Negative Highlights:
- High foreign currency markup of 3.5%.
- ATM withdrawal and POS limits may be restrictive for high-net-worth individuals.
- Card Network: RuPay Select.
Other Details
- The card is contactless enabled.
- Benefits are subject to terms and conditions as specified by the bank and RuPay.