Which is the best debit card to have?

Asked by: Olin Gaylord IV  |  Last update: February 5, 2025
Score: 4.7/5 (32 votes)

Best rewards debit cards
  • Best for rewards: Discover® Cashback Debit Checking.
  • Best for ATM fee reimbursement: Axos Bank CashBack Checking.
  • Best debit card to build credit: Extra Card.
  • Best for transferrable rewards: American Express® Rewards Checking.
  • Best for 5% cash back: PayPal Debit Card.

Which type of debit card is best?

Contactless Debit Cards are safe and secure since the chances of card duplication or storing card details are reduced. Top Banks in India such as SBI, Axis Bank, HDFC, and PNB, offer contactless debit cards. Note that the transaction limit for contactless transactions with debit cards is only Rs. 5,000.

Is Visa or Mastercard debit better?

Benefits comparison: Visa vs. Mastercard. On entry level cards, there is very little difference between Visa and Mastercard, as both provide a similar suite of basic features. However, Mastercard includes impressive special luxury offers on its World and World Elite level cards, which can be attractive for big spenders ...

What is the safest card to use?

Chip-enabled credit cards

Credit cards that have a built-in EMV chip reduce fraud through tokenization. Chip cards generate unique codes for every transaction to better protect sensitive card data. Chip cards also also much harder to clone than magnetic stripe cards.

What is the most widely accepted debit card?

Visa and Mastercard are definitely the most widely accepted debit card networks in the US, as well as Maestro, American Express, and Discover. Travelers with these cards benefit from accessible and convenient payments and cash withdrawals.

Top 5 Best Debit Cards (5% Cashback, No Fees, Perks)

21 related questions found

Which is the best debit card to get?

Best rewards debit cards
  • Best for rewards: Discover® Cashback Debit Checking.
  • Best for ATM fee reimbursement: Axos Bank CashBack Checking.
  • Best debit card to build credit: Extra Card.
  • Best for transferrable rewards: American Express® Rewards Checking.
  • Best for 5% cash back: PayPal Debit Card.

What are the disadvantages of a debit card?

Here are some cons of debit cards:
  • They have limited fraud protection. ...
  • Your spending limit depends on your checking account balance. ...
  • They may cause overdraft fees. ...
  • They don't build your credit score.

What is the most secure debit card?

Citibank Debit Mastercard

By scrambling information sent over the internet, encryption makes it impossible to decipher stolen data. The Citibank Debit Card also recently gained EMV chip technology. Chips are not only more secure than magnetic stripes, but they're also standard in more countries.

What is the best card you can have?

Best Credit Cards of 2025: Best Offers
  • Capital One Savor Cash Rewards Credit Card: Best for Going out & staying in.
  • Chase Freedom Unlimited®: Best for Cash back for travel bookings.
  • Wells Fargo Active Cash® Card: Best for Flat-rate cash back.
  • Chase Sapphire Preferred® Card: Best for Flexible redemption + big sign-up bonus.

Is there a reloadable debit card with no fees?

The Serve Prepaid Debit card, issued by American Express, offers a vast ATM network with no-fee withdrawals and an extensive, no-fee cash reload network. As an American Express® card, Serve has limits when it comes to the number of places it's accepted, and it doesn't allow cash back at retailers.

Which Mastercard debit card is best?

MasterCard World Elite Tier is the highest-level MasterCard. What benefits do I get to enjoy if I avail the World Debit MasterCard? World Debit MasterCard customers enjoy enhanced transaction security, convenience, control and a host of premier benefits.

What stores do not accept Mastercard?

Mastercard is not accepted at certain stores and merchants that only take cash, such as vendors at a local fair. Mastercard is also not accepted at retail chains that have an exclusive agreement with another card network. For example, Costco accepts Mastercard only for online purchases.

What kind of card is Capital One?

Capital One issues both Visa and Mastercard credit cards. The Capital One cards issued in partnership with Visa and Mastercard include Venture X Rewards, Venture Rewards, VentureOne Rewards, Quicksilver Rewards and Savor Rewards. Both Visa and Mastercard are widely accepted by retailers worldwide.

Which bank has a free debit card?

IDBI Bank Basic Savings Account Features and Benefits

Get an ATM cum Debit Card (free of cost) and cheque book on request.

What type of debit card is most common?

Visa Debit: The most common type of debit card, which uses the Visa network to process transactions and can be used anywhere that accepts Visa payments.

Which debit card has no annual fee?

IndusInd Bank Grandé World Debit Card - Free for Life.

Which is the strongest card?

The ace of spades (also known as the Spadille, Old Frizzle, and Death Card) is traditionally the highest and most valued card in the deck of playing cards. The actual value of the card varies from game to game.

Which cards do millionaires use?

Credit Cards That Millionaires Use
  • Centurion® Card from American Express.
  • J.P. Morgan Reserve Credit Card.
  • Chase Sapphire Reserve®
  • Citi Chairman Credit Card.

Can someone use my debit card without my PIN?

Fraudsters can still use your debit card even if they don't have the card itself. They don't even need your PIN—just your card number. If you've used your debit card for an off-line transaction (a transaction without your PIN), your receipt will show your full debit card number.

How to avoid Chase monthly fee?

The Chase Bank minimum balance to avoid fees is from $1,500 to $75,000 in linked accounts to waive the Chase Bank monthly service fee. Set Up Direct Deposits: Another way to get the fee waived is by having a set amount of direct deposits into your account within a specific time frame.

Which debit card is best?

HDFC Debit Card
  • Millennia Debit Card.
  • RuPay Premium Debit Card.
  • MoneyBack Debit Card.
  • EasyShop Business Debit Card.
  • Infiniti Debit Card.
  • Jet Privilege HDFC Bank World Debit Card.
  • EasyShop Imperia Platinum Chip Debit Card.
  • EasyShop Preferred Platinum Debit Card.

Which is better, Visa or MasterCard?

Conclusion. In the debate of Visa card vs Mastercard, there is no definitive winner. Both offer extensive benefits, robust security, and widespread acceptance. The best choice depends on your individual needs and the specific perks offered by the card issuer.

What is one of the biggest problems with using a debit card?

If you overspend, you could get hit with costly overdraft fees: If charges to your debit card cause your checking account balance to go negative, you could suffer overdraft fees and other steep charges that far exceed the potential costs of using a credit card.