Finance

Savings Accounts with International Debit Cards

Having an international debit card is quite convenient while travelling abroad. It not only makes it feasible for you to carry money in your card, but also makes it easy for you to do cashless transactions. Having an ATM card gives feasibility to not worry about converting currencies and making transactions whenever or wherever you want to.

An international debit card enables you to access funds in your savings account for anything and everything at all locations, you can spend money as long as you have sufficient balance in your savings account.

Here’s a list of international debit cards that you can use when travelling overseas or make transactions on an international portal:

  1. RBL Signature Plus Debit Card
  2. SBI Global International Debit Card
  3. ICICI Bank Sapphiro International Debit Card
  4. Axis Bank Burgundy Debit Card
  5. HDFC EasyShop Platinum Debit Card
  6. HSBC Premier Platinum Debit Card
  7. YES Premia World Debit Card

RBL Signature Plus Debit Card

The RBL Signature Plus Debit Card is offered to the signature banking customers. The card is ideal for international travels as it is accepted worldwide at all ATMs and there is zero markup on international transactions. Let us discuss more about the card in detail.

Features of RBL Signature Plus Debit Card

  • Joining vouchers worth Rs. 5,000 on leading brands.
  • Zero markup on international transactions.
  • 2 complimentary lounge access per quarter at domestic airports.
  • Free and unlimited ATM usage at all RBL Bank ATMs.
  • Insurance benefits covered up to Rs. 2 crore.
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RBL Cashback and Rewards

  • Cash vouchers worth Rs. 5,000 on transactions done POS/online.
  • Maximum cashback as vouchers of Rs. 1,000 in a month.

Cash Withdrawal and Transaction Limit

Particulars Limit
ATM Withdrawal Limit in a Day Rs. 2 lakh
POS Limit including Online Transactions in a Day Rs. 6 lakh

Issuance and Annual Maintenance Charges

The annual fee on the debit card of Rs. 1,500 is waived off on spending Rs. 3 lakh in a year from the issued card.

SBI Global International Debit Card

With SBI Global International Debit Card, you can access your money in India as well as across the globe. It is a contactless debit card that comes with an EMV chip which provides additional security. The card is available on RuPay, MasterCard, and VISA.

Features of SBI Global International Card

  • Cash withdrawal from SBI and other ATMs in India and worldwide.
  • Facility to shop at over 52 lakh merchant outlets in India, and over 30 million worldwide.
  • You can book movie tickets, make bill payments and do other online purchases and payments.
  • Safe online shopping and e-commerce transactions.
  • Up to 5 contactless transactions are permitted up to Rs. 5,000.

SBI Rewards

  • You earn 200 bonus points on the first three transactions you make within a month.
  • Standard points earned for the birthday month will be doubled.
  • 2 SBI reward points are earned for every Rs. 200 you spend online.
  • The rewards can be accumulated and redeemed for gifts and merchandises.

Cash Withdrawal and Transaction Limit

Particulars Domestic International
Daily Cash Limit at ATMs Rs. 100 to Rs. 40,000 Varies from country to country. A maximum of foreign currency equivalent of Rs. 40,000
POS No Limit No such limit but subject to local regulations
Online Transaction Rs. 75,000 Varies from country to country
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Issuance and Annual Maintenance Charges

Particulars Charges
Issuance Charges NIL
Annual Maintenance Charges Rs. 125 plus GST
Card Replacement Charges Rs. 300 plus GST

Note: Charges are subject to revision from time to time.

ICICI Bank Sapphiro International Debit Card

ICICI Bank Sapphiro International Debit Card is a premium debit card issued to customers holding an account in ICICI Bank on demand. Let us discuss more about the ICICI Bank Sapphiro International Debit Card.

Features of ICICI Bank Sapphiro International Debit Card

  • Kaya gift voucher worth Rs. 1,000.
  • Central voucher worth Rs. 500 on minimum spend of Rs. 2,500.
  • 25% discount on movie tickets purchased at BookMyShow.
  • 25% discount on movie tickets purchased at INOX movie multiplexes.
  • Facility to relax at premium lounges at airports.
  • Built-in card protection plan and road-side programme powered by CPP.

ICICI Rewards

4 reward points can be earned on domestic and 8 reward points on international transaction on every Rs. 200 spent.

Cash Withdrawal and Transaction Limit

Particulars ATM Limit Transaction Limit
Domestic Rs. 2,50,000 Rs. 7,50,000
International Rs. 2,00, 000 Rs. 3,50,000

Issuance and Maintenance Charges

  • Joining fee is Rs. 1,999 plus 18% GST which will be charged only for the 1st
  • Annual fee is Rs. 1,499 plus 18% GST which will be charged from 2ndyear onwards.
  • Re-issuance of the card will cost Rs. 200 plus 18% GST.
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Axis Bank Burgundy Debit Card

With Axis Bank Burgundy Debit Card, you can enjoy higher withdrawal and purchase limits. For faster and safer shopping experience, you can also avail it new contactless feature. The card includes free ATM withdrawals from any bank’s ATM across the globe. Let us discuss in detail about the card.

Features of Axis Bank Burgundy Debit Card

  • The contactless debit card allows you to do transactions up to Rs. 5,000.
  • Easily generate your debit card PIN by visiting your nearest Axis Bank ATM or by calling Axis Bank phone banking.
  • Daily cash withdrawal limit of Rs. 3 lakh and purchase limit of Rs. 6 lakh on your Burgundy debit card. This subjects to the balances held in your account.
  • Free ATM withdrawal from any bank’s ATMs, in India and abroad (cross-currency markup of 3.5% will be charged).

Axis Bank Burgundy Debit Card Rewards

You can get complimentary movie tickets and access to exclusive airport lounges.

Cash Withdrawal and Transaction Limit

Particulars Limit
ATM Withdrawal Limit (Per Day) Rs. 3,00,000
POS Limit Per Day Rs. 6,00,000
Personal Accident Insurance Cover Rs. 15,00,000

Issuance and Maintenance Charges

There is no annual fees or charges on the card. The customized card design fee is not applicable on this card.

HDFC EasyShop Platinum Debit Card

The HDFC EasyShop Platinum Debit Card offers cashback on most of your purchases. Available to both Indian and NRE account holders of savings, current and salary accounts, this debit card can be a vital tool for making transactions overseas. Let us know more about the card.

Features of HDFC EasyShop Platinum Debit Card

  • Option to convert any purchases above Rs. 5,000 into EMI.
  • You get 2 complimentary access to clipper lounges per quarter at airports across India.
  • Earn up to 5% cashback on your debit card on transacting through PayZapp and SmartBuy.
  • No cost EMI on leading brands on electronics, furniture, apparels, smart phones, etc.
  • Insurance cover of up to Rs. 12 lakh in case of death by road/rail/air.

HDFC EasyShop Platinum Card Rewards

  • Maximum cashback up to Rs. 1,800 for a year.
  • Exclusive voucher up to Rs. 500 on Amazon Pay and more.
  • 1 cashback point on every Rs. 100 spent on telecom and utilities.
  • 1 cashback point on every Rs. 200 spent on groceries, supermarket, restaurant, apparel and entertainment.

Cash Withdrawal and Transaction Limit

Particulars Limit
Daily Domestic ATM Withdrawal Limit Rs. 1 lakh
Daily Domestic Shopping Limit Rs. 5 lakh
POS Limit Per Month Rs. 10,000
Contactless Transaction Per Day Limit Rs. 5,000

Issuance and Maintenance Charges

  • No charges for using the debit card at the domestic merchant locations and websites.
  • 5% plus applicable taxes on foreign currency transaction carried out on debit card.
  • Replacement/reissuance charges for debit card is Rs. 200 plus applicable taxes.
  • For declined transactions anywhere in the world or merchant outlet/website outside India, will be charged at Rs. 25 plus applicable taxes.
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HSBC Premier Platinum Debit Card

The internationally-valid debit card comes with relatively higher transaction limits. The card is globally accepted. Along with the flexibility to make transactions from anywhere in the world, the card also gives an opportunity to earn reward points and ensures protection against fraudulent transactions.  Let us discuss more about the card in detail.

Features of HSBC Premier Platinum Debit Card

  • The card offers a range of personalised services with a 24-hour concierge service.
  • You can relax while travelling abroad with complimentary travel insurance cover for you and your family of Rs. 50 lakh.
  • Protection against unauthorised transactions.
  • The card is accepted around the world at more than 25 million outlets and 1 million ATMs.
  • Exclusive dining privileges in Mumbai, Bangalore, Delhi and Kolkata.
  • The card can be used to register for HSBC’s internet banking services.

HSBC Premier Platinum Debit Card Rewards and Offers

  • 10% off on airfares when you book tickets via HSBC Premier Debit Card.
  • 2 free Careem rides to the airport, worth up to AED 100 per ride.

Cash Withdrawal and Transaction Limit

Particulars Limit
Daily ATM Withdrawal Limit Rs. 2,50,000
Transaction Limit at Merchant Locations Rs. 2,50,000

Issuance and Maintenance Charges

  • There is no annual fee on the card.
  • The card is valid for three years from the date of issuance.

YES Premia World Debit Card

YES Premia World Debit Card provides higher purchase and cash withdrawal limits, complimentary movies, airport lounge accesses and golf privileges and insurance cover. Let’s discuss more about the card in details.

Features of YES Premia World Debit Card

  • One complimentary lounge access per quarter.
  • Exclusive welcome aboard offers worth Rs. 14,000.
  • Free and unlimited withdrawals at all MasterCard accepting ATMs in India and globally.
  • Preferential cross currency markup of 1.99% on all international transactions.
  • Green fee waiver for accessing select program golf course in India.
  • Lost card liability protection up to Rs. 5,00,000
  • Purchase protection insurance up to Rs. 25,000
  • Personal accident insurance up to Rs. 10 lakh
  • Air accident death insurance up to Rs. 1 crore

YES Premia World Debit Card Rewards and Offers

  • YES reward points on domestic spends and accelerated reward points on international spends.
  • Up to Rs. 200 off on booking movie tickets on BookMyShow.
  • Special offers on fine dining, shopping, travel, entertainment and more.
  • Comprehensive insurance coverage on personal accident up to Rs. 10 lakh and lost card liability up to Rs. 3 lakh.

Cash Withdrawal and Transaction Limit

Particulars Limit
Daily Domestic and International Cash Withdrawal Limit Rs. 1,00,000
Daily Domestic Purchase Limit Rs. 1,00,000
Daily International Purchase Limit Rs. 1,00,000

Issuance and Maintenance Charges

  • Debit card annual fee – Rs. 2,499
  • International cash withdrawal fee – Rs. 120
  • International balance enquiry – Rs. 20
  • Physical PIN regeneration fee – Rs. 50 (no fee applicable if the PIN is generated via netbanking)
  • ATM transaction declined due to insufficient balance – Rs. 25
  • Replacement of lost/stolen card – Rs. 149
  • Cross currency markup 1.99%

Note: The annual fee and other charges are waived off for YES FIRST customers maintaining required net relationship value with the bank.

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What to Look for in an International Debit Card

Savings Account with International Debit card

While you travel on a foreign land, you need to make sure that you are carrying an ATM card with you that allows you to do transactions internationally. Always make sure that the card you are applying for can be used domestically and internationally as not all debit cards allow international transactions.

It is always better to have an international debit card for the time spent in a foreign country. This is imperative because if you choose a domestic ATM card, you will not be able to make any transaction at all outside India. However, international debit cards can come at a high annual fee. There are a few things that you need to keep in mind while applying for an international debit card. Let us discuss that in detail.

Cross currency markup – This markup fee is applied when the transaction currency is different from the default currency of your debit card. You may be charged a cross currency markup on such transactions. Usually, the charge may vary from 1.5% to 4% plus taxes. Lower the markup fee, better would it be for you. So, always go for an ATM card with low forex fee.

ATM withdrawal limit and charges – Since you may require to make withdrawals from ATMs frequently, you should opt for a card that has higher limit and allows multiple transactions at low or no transaction fee.

Insurance Coverage – Most international debit cards come with a coverage of loss of card or personal accident insurance, death cover, flight delays, etc. An ATM card with better and multiple insurance benefits will ensure you get compensated well abroad.

Offers and rewards on the card – In addition, international debit cards come with various offers that make shopping economical. Some cards offer higher rewards rate on international spends. You should get an ATM card that provides better offers and higher rewards rate.

Joining/Annual/Renewal Fee – Most international ATM cards come with a joining fee and annual or renewal fee from the second year. A debit card with low fee can reduce your overall cost of operation. However, a debit card with annual fee can provide you additional benefits that may not be available with cards that have zero annual fee.

FAQs

Q. How can I avoid debit card fraud while I am abroad?

Ans. To avoid any debit card fraud, you need to keep your PIN and CVV number private since it is a critical information and should be protected. In case of any unauthorised transaction, get in touch with your bank immediately.

Q. Are there any charges on using the debit card internationally?

Ans. It depends on the card that you are using. Not all transactions carried out by debit card are chargeable. However, it may vary from bank to bank.

Q. Is there any maximum transaction limit on debit card?

Ans. Yes, there is capping on the number of transactions that you can carry out domestically and internationally which may vary from bank to bank.

Q. Can I use my debit card to convert my money to local currency?

Ans. Yes, you can use your debit card to convert your money to local currency at any ATM outlet in the country you are travelling to.

Q. How can I apply for international VISA debit card?

Ans. You can apply for international VISA debit card at your bank where you have your savings or current account.

Q. Do I need special permissions for using my debit card internationally?

Ans. International transactions on all debit cards are disabled by default. In case, you intend to carry an international transaction in India or use the ATM card abroad, you have to activate your debit card for international transactions through mobile banking or net banking.


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