Bank of India Rupay Punjab Arthia Debit Card – Benefits, Fees & Eligibility

Introduction

The Bank of India RuPay Select Debit Card is a premium offering from Bank of India, designed for account holders seeking a blend of lifestyle benefits, wellness perks, and robust transaction capabilities. It is linked to specific savings account tiers and stands out with its complimentary OTT platform subscriptions, comprehensive health and wellness benefits, and complimentary airport lounge access.

Welcome Benefits

• Welcome vouchers worth ₹500 are provided upon issuance of the card.
• Complimentary annual subscriptions to Amazon Prime Video (12 months) and Sony LIV (12 months) are available.
• A complimentary annual subscription to the Fitpass membership is included.

Transaction Limits & Usage

• Daily ATM withdrawal limit: ₹50,000.
• Daily POS/online transaction limit: ₹5,00,000.
• The card is enabled for international usage.

Fees and Charges

• Issuance Fee: ₹400 plus applicable GST.
• Annual Maintenance Charge (AMC): ₹400 plus applicable GST.
• Card Replacement Fee: ₹300 plus applicable GST.
• ATM Withdrawal Charges: Free at Bank of India ATMs; charges apply at other bank ATMs as per standard bank policy.
• Foreign Currency Markup: 3.5% of the transaction value.
• Fuel Surcharge: Waiver of 1% fuel surcharge on transactions between ₹400 and ₹5,000 at all fuel stations across India, with a maximum waiver of ₹100 per month.

Rewards & Offers

• Cashback: Not specified.
• Debit Card EMI: Not specified.
• Merchant-Specific Discounts: Not specified.
• Lounge Access: Complimentary access to domestic airport lounges, with 2 visits per quarter.
• Insurance: Personal accidental death cover of ₹10,00,000 and permanent total disability cover of ₹10,00,000.
• Wellness Benefits: Complimentary annual health check-up and complimentary OPD consultations.

Account & Eligibility Criteria

• The card is available to customers holding specific Bank of India savings or current account variants.
• A Minimum Average Balance (MAB) requirement is applicable as per the linked account tier to keep the card free or avail of its benefits.

Debit Card Review

This card is a strong value proposition for individuals seeking a premium debit card with a focus on digital entertainment and wellness. The combination of OTT subscriptions, health check-ups, and lounge access makes it ideal for urban professionals and families. The annual fee is easily offset by the welcome benefits and recurring perks. However, the high foreign currency markup makes it less suitable for frequent international travelers.

Important Product Details

• Positive Highlights:
  • Complimentary OTT subscriptions (Amazon Prime, Sony LIV) and Fitbit membership.
  • Complimentary annual health check-up and OPD consultations.
  • Complimentary domestic airport lounge access (2 visits per quarter).
  • Personal accident and permanent disability insurance cover.
  • Fuel surcharge waiver.
• Negative Highlights:
  • High foreign currency markup of 3.5%.
  • Daily ATM withdrawal limit is relatively low at ₹50,000.
• Card Variant: This card is issued on the RuPay Select platform.

Other Details

• The card comes with an embedded chip for enhanced security.
• Contactless payment functionality is enabled for tap-and-go transactions.
• The card is valid for a period of 5 years from the date of issuance.