Bank of IndiaBank of India VISA BINGO DEBIT CARD – Benefits, Fees & Eligibility
Is the Bank of India VISA BINGO DEBIT CARD Right for You?
The Bank of India VISA BINGO DEBIT CARD is best suited for users who prioritize Everyday Use, Shopping. With an issuance fee of Lifetime Free and an annual maintenance charge of Lifetime Free, this card offers free entry for new applicants. It offers Reward Points as its primary reward mechanism, with a rewards rate of Earn Star Points on POS and e-commerce transactions.
Key Card Details
Lifetime Free
Lifetime Free
Reward Points
Earn Star Points on POS and e-commerce transactions
₹15,000 per day
₹50,000 per day
Notable Perks
Account Requirement
Exclusively for youth between 15 and 25 years
Things to Consider
International e-commerce transactions are not allowed on the card
Low daily ATM withdrawal limit of just Rs. 15,000
No details on annual maintenance charges or issuance fees provided
Benefits & Features
Rewards Rate
Earn Star Points on POS and e-commerce transactions
Reward Type
Reward Points
Daily ATM Withdrawal Limit
₹15,000 per day
Daily POS/Online Spend Limit
₹50,000 per day
Account Requirement
Exclusively for youth between 15 and 25 years
Fees & Charges
Issuance Fee
Lifetime Free
AMC Fee
Lifetime Free
Pros & Cons
Pros
Key benefits and features of this card.
Earn Star Points on everyday POS and e-commerce transactions
Contactless payment feature for quick and secure tap-to-pay
International usage enabled for travel and POS purchases abroad
Tailored exclusively for students and young adults
Cons
Key drawbacks and limitations of this card.
International e-commerce transactions are not allowed on the card
Low daily ATM withdrawal limit of just Rs. 15,000
No details on annual maintenance charges or issuance fees provided
Lacks lifestyle benefits like dining, movie, or lounge access
Product Details
Contactless Visa debit card for domestic and international use
Exclusively designed for youth aged 15 to 25 years
Earn Star Points on POS and e-commerce spends
International e-commerce transactions are not permitted
Supports domestic ATM, POS, and e-commerce transactions
Benefits & Features
Rewards Rate
Earn Star Points on POS and e-commerce transactions
Reward Type
Reward Points
Daily ATM Withdrawal Limit
₹15,000 per day
Daily POS/Online Spend Limit
₹50,000 per day
Account Requirement
Exclusively for youth between 15 and 25 years
What matters, explained clearly
Introduction
The Visa Bingo Debit Card is a student-focused offering from the bank, designed exclusively for youth between the ages of 15 and 25 years. It is a contactless card enabled for both domestic and international usage, although international e-commerce transactions are not permitted. A key differentiating benefit is the ability to earn Star Points on POS and e-commerce transactions.
Transaction Limits & Usage
- Daily ATM Withdrawal Limit: Rs. 15,000 per day
- Daily POS & E-commerce Transaction Limit: Rs. 50,000 per day
- International Usage: Available for international usage, but international e-commerce transactions are not allowed.
- Domestic Usage: Available for domestic ATM, POS, and e-commerce transactions.
- Contactless Payments: The card supports contactless transactions.
Rewards & Offers
- Cardholders earn Star Points for their transactions at POS and e-commerce merchants.
Account & Eligibility Criteria
- The card is issued exclusively to youth between the age of 15 and 25 years.
Other Details
- For detailed charges, refer to the bank's official Digital Banking Products annexure document.