What does a platinum debit card mean?

Asked by: Tiara Gutmann  |  Last update: February 9, 2022
Score: 4.5/5 (39 votes)

A Platinum card is a credit card which, as its name suggests, is a card with more prestige and benefits than a gold or regular credit card. ... A Platinum card offers several tangible benefits when compared to other regular credit cards, and is also in demand for its image as a prestige card for high end customers.

What is the benefit of Platinum debit card?

With the Platinum Rewards debit card, get rewarded for spends on entertainment, groceries, supermarket, utility bill payments and telecom payments. You will earn 10 reward points for every INR 100 of spent in these categories.

Whats the difference between a normal debit card and a platinum debit card?

Platinum card for different banks are different in facilities ,no uniform standard . Platinum Debit card has additional features, offers and is given for customers who can buy more, spend more and pay more interest to the Bank.

What is the eligibility for platinum debit card?

The primary eligibility for Visa Classic Platinum Debit Card is owning a savings bank account with Axis Bank. The Women's Savings account and Senior Privilege Savings accounts make the account holders eligible to get the Visa Classic Platinum Debit Card issued under their schemes.

What does Wells Fargo Platinum debit card mean?

One of the best balance transfer cards out there is the Wells Fargo Platinum card*. Not only can you get a 0 percent introductory APR, but the term also lasts up to 18 months for both purchases and balance transfers (the ongoing variable APR is 16.49 percent to 24.49 percent thereafter).

Rupay Platinum Debit Card Review | All Bank RuPay Platinum Debit Card Details ???

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What is the difference between a Wells Fargo gold and Platinum debit card?

Platinum cards give higher minimum credit limits than gold cards, which can be a bonus if you spend a lot on credit and can responsibly manage your credit card payments. Platinum cards charge higher annual fees than gold cards offered by the same provider.

Is a Wells Fargo Platinum debit card a credit card?

Is the Well Fargo Platinum debit card a credit card? - Quora. For those who are challenged by reality. If the plastic card says “DEBIT” then is is safe for you to know it is NOT a Credit card.

Which debit card is best?

Best Debit Cards in India (2020)
  • HDFC Bank EasyShop Platinum Debit Card.
  • ICICI Bank Coral Debit Card.
  • IDBI Visa Signature Debit Card.
  • Bank of India RuPay Platinum Debit Card.
  • Central Bank of India RuPay Platinum Debit Card.
  • IDFC First Visa Signature Debit Card.
  • SBI Platinum Debit Card.
  • Yes Bank Prosperity Platinum Debit Card.

Which debit card is better platinum or titanium?

There is not a major difference when you compare the credit cards of the platinum and the titanium tiers. The providers that offer a Titanium credit card often offer them as a step above the Platinum credit cards. You have to fulfill strict criteria to be eligible for holding these cards.

How do I get a platinum debit card from federal bank?

Account Holders having Minimum Average Quarterly Balance of Rs. 5 Lacs either in SB or CD and also Term Deposits worth Rs. 5 Lakhs OR Account holders having minimum Average Quarterly Balance of Rs. 10 Lakhs either in SB or CD can apply for Federal Bank VISA Platinum Debit Card.

How do I activate my Platinum debit card?

The procedure is simple:
  1. Once you get your welcome kit from the bank, along with the Debit Card, there is an ATM pin given in a sealed envelope.
  2. When you go to the ATM, enter your Debit Card and enter the ATM pin provided in the welcome kit. ...
  3. Change your ATM PIN and use the card henceforth for regular transactions.

Is VISA Platinum a debit card?

About Visa Platinum Debit Card

Our Visa Platinum Debit Card offers contactless and cashless payments across the globe. The card features a higher purchase limit that gives you the much-needed freedom to shop, dine, and enjoy a plethora of lifestyle privileges and experiences.

Which debit card is best for international transactions?

Best International Debit Cards Offered by Indian Banks
  • SBI Global International Debit Card.
  • ICICI Bank Sapphiro International Debit Card.
  • Axis Bank Burgundy Debit Card.
  • HDFC EasyShop Platinum Debit Card.
  • Yes World Debit Card.
  • HSBC Premier Platinum Debit Card.

Does Visa Platinum debit card have lounge access?

From golf to dining to shopping and more, Visa Platinum lets you enjoy a host of attractive lifestyle privileges and experiences. Complimentary Airport Lounge Access with your Platinum Credit card at 25 lounges globally.

How do I know my debit card limit?

Calling your bank, visiting your bank or looking in the bank's account disclosures or account agreement are some possible ways to find out your daily debit card limit.

Is platinum card better than black?

The Mastercard® Black Card and The Platinum Card® from American Express are two very different rewards cards. Amex Platinum is a high-tier travel rewards card that offers lots of rewards and high-value benefits. In contrast, the Mastercard Black Card's cost far outweighs the rewards and perks it provides in return.

Which card is good platinum or signature?

The Visa Platinum is the second tier of the four Visa credit card types. It's better than a Visa Classic but less luxurious than a Visa Signature or Visa Infinite. Most Visa Platinum cards require a credit score in the 600s. You might be able to qualify for some with a score in the very high 500s.

What's more expensive titanium or platinum?

Titanium Value. The price difference between these two metals is considerable. Platinum jewelry is the most expensive of the precious metals due to its rarity, high levels of purity and the expertise and tools required to craft it into jewelry. ... While both look very similar, the price difference is over $800!

Which bank has free debit card?

These banks are IndusInd Bank, IDBI Bank and Citi Bank. While Citi Bank is wrapping up its operations in India, IDBI Bank and IndusInd Bank are expected to continue offering free unlimited ATM transactions to their customers in India.

Which debit card has highest limit?

ATM cash withdrawal limit: How much SBI, HDFC, PNB, ICICI Bank customers can withdraw
  • Baroda Master Platinum Card: ₹ 50,000 per day.
  • RuPay Platinum Card: ₹ 50,000 per day.
  • Visa Electron Card: ₹ 25,000 per day.
  • Master Classic Card: ₹ 25,000 per day.
  • VISA Platinum Chip Card: ₹ 1 lakh per day.

Which is higher VISA or MasterCard?

VISA is slightly larger and has a higher transaction volume and a slightly higher level of global acceptance. However, MasterCard is accepted in more countries than VISA is.

How do I qualify for a Wells Fargo Platinum Card?

You'll need good to excellent credit to qualify for the Wells Fargo Platinum card. This is usually defined as a credit score of 690 or better. Issuers also take into account your income, debts and other information.

Can I overdraft my Wells Fargo Platinum debit card?

Debit Card Overdraft Service is offered at the discretion of Wells Fargo and may be removed by the bank at any time for a variety of reasons, including excessive overdrafts or returned items, as determined by the bank.

Which debit card is best classic or platinum?

What is the difference between the Visa Classic and Platinum Debit card? Visa Platinum Debit Card has more benefits as follows: Higher daily purchase and cash withdrawal limits. Purchase Protection up to USD 20,000 per year for 90 days from the date of purchase if it is stolen, broken or damaged.