Karnataka BankKarnataka Bank MoneyPlant Visa Classic Debit Card – Benefits, Fees & Eligibility
Is the Karnataka Bank MoneyPlant Visa Classic Debit Card Right for You?
The Karnataka Bank MoneyPlant Visa Classic Debit Card is best suited for users who prioritize Shopping, Dining, Everyday Use. With an issuance fee of Free (1st year) and an annual maintenance charge of ₹200 + GST, this card offers free entry for new applicants. It offers Instant Discounts as its primary reward mechanism.
Key Card Details
Free (1st year)
₹200 + GST
Instant Discounts
₹25,000 per day
₹75,000 per day
Notable Perks
Insurance Coverage
Zero lost card liability covers fraudulent use or theft.
Dining Benefits
15% off at US Pizza; discounts across dining and food delivery categories.
Things to Consider
No reward points or cashback program; benefits are limited to merchant offers.
Daily ATM withdrawal limit is capped at a modest ₹25,000.
No complimentary domestic or international airport lounge access.
Benefits & Features
Reward Type
Instant Discounts
Insurance Coverage
Zero lost card liability covers fraudulent use or theft.
Dining Benefits
15% off at US Pizza; discounts across dining and food delivery categories.
Travel Benefits
Discounts on accommodation and travel bookings via merchant offers.
Daily ATM Withdrawal Limit
₹25,000 per day
Daily POS/Online Spend Limit
₹75,000 per day
Fees & Charges
Issuance Fee
Free (1st year)
AMC Fee
₹200 + GST
Card Replacement Fee
₹100 plus GST
Pros & Cons
Pros
Key benefits and features of this card.
Zero lost card liability protects against fraudulent misuse or theft.
No issuance fee and a low annual maintenance charge of ₹200 plus GST.
Wide acceptance at over 1 lakh ATMs and POS terminals across India.
Exclusive merchant discounts on dining, wellness, and shopping.
Cons
Key drawbacks and limitations of this card.
No reward points or cashback program; benefits are limited to merchant offers.
Daily ATM withdrawal limit is capped at a modest ₹25,000.
No complimentary domestic or international airport lounge access.
Annual maintenance charge applies from the second year onwards.
Product Details
Visa Classic variant for domestic and limited international acceptance.
Zero lost card liability for protection against fraudulent transactions.
Manage Debit Card option for enhanced security controls.
Widely accepted at over 1 lakh ATMs and POS terminals via NFS network.
Auto-activation for merchant payments after first ATM cash withdrawal.
Benefits & Features
Reward Type
Instant Discounts
Insurance Coverage
Zero lost card liability covers fraudulent use or theft.
Dining Benefits
15% off at US Pizza; discounts across dining and food delivery categories.
Travel Benefits
Discounts on accommodation and travel bookings via merchant offers.
Daily ATM Withdrawal Limit
₹25,000 per day
Daily POS/Online Spend Limit
₹75,000 per day
What matters, explained clearly
Introduction
KBL MoneyPlant Visa Classic Debit Card, issued by Karnataka Bank, is a classic choice for easy and cashless payments. It is designed for flexible usage and ensures your money is always within easy reach. The card is widely accepted at a vast network of ATMs and POS terminals, making it perfect for the modern consumer who values convenience and protection. Key differentiating benefits include zero lost card liability and enhanced security features.
Transaction Limits & Usage
- Daily ATM Withdrawal Limit: ₹25,000 per day at all ATMs, subject to available account balances.
- Daily POS/E-commerce Limit: ₹75,000 per day at merchant establishments, subject to available account balances.
- Network Acceptance: Accepted at over 1 lakh ATMs and POS terminals in India with the NFS network.
- Card Activation: The card is automatically activated for payment transactions at merchant outlets within 24 hours of the first cash withdrawal transaction at any MoneyPlant ATM or NFS ATM.
Fees and Charges
- Card Issuance Charges: Free.
- Annual Maintenance Charges (AMC): ₹200 plus GST, applicable from the second year onwards.
- Card Replacement Charges: ₹100 plus GST.
Rewards & Offers
- Merchant-Specific Discounts:
- VLCC: Head-to-Toe Services at Rs. 3499; Full Body Laser Hair Reduction at Rs. 44,444 (6 Sessions); Hydra Synergy Oxygenic Facial at Rs. 3999; Summer Detan Facial at Rs. 825; Underarms Laser Hair Reduction at Rs. 999.
- Himalaya Wellness: 10% off on all purchases on a minimum order value of Rs. 500 and above.
- US Pizza: 15% off on the food bill.
- Offer Categories: Accommodation, Apparels, Cosmetics, Culinary, Dining, Food Delivery, Health & Wellness, Jewellery, Electronics, Travel, and Shopping.
Important Product Details
- Positive Highlights:
- Flexible usage for cashless transactions.
- Zero lost card liability, insuring against risk of loss due to fraudulent use or theft.
- Enhanced security features, including the Manage Debit Card option.
- Widely accepted at over 1 lakh ATMs and POS terminals in India.
- Variant: This is a Visa Classic Debit Card.
Other Details
- 24-Hour Emergency Helpline: For blocking the card or availing assistance, call +91 802 202 1500.
- SMS Card Blocking: Send an SMS to +91 988 065 4321 with the text "BLOCK XXXX", where XXXX is the last 4 digits of the debit card number.
- Lost or Stolen Card Reporting: Report immediately by emailing info@ktkbank.com or calling toll-free numbers 1800 425 1444 or 1800 572 8031.
- Interest Rates: Debit cards do not incur interest rates as they utilize funds already in the account.
- Important Do’s and Don’ts: Monitor your account regularly; use secure networks for online transactions; do not share your card details or PIN; be cautious while using your card at ATMs or POS terminals.