SBI Debit Cards

State Bank of India is the largest government co-owned bank in India. Popularly known as SBI, the bank has played a significant role in ushering in the era of the organized banking sector in India. SBI offers a wide range of affordable services to individuals of all earning classes as well as corporate businesses. All SBI account holders get a complimentary debit card. The type of debit card depends on the kind of savings account opened by the customer. All SBI debit cards are accepted internationally and offer various rewards and benefits.

SBI Debit Cards New Update:

On December 26, 2019, SBI made a new rule change in regards to its customers. According to the new rule if you withdraw more than Rs. 10,000 you'll get an OTP password on your registered phone number.

Types of SBI Debit Cards.

The types of SBI debit cards are listed below.

1. SBI Classic Debit Card

2. SBI Silver International Debit Card

3. SBI Gold International Debit Card

4. SBI Platinum International Debit Card  

5. SBI Global International Debit Card

6. SBI INTOUCH Tap & Go Debit Card

7. SBI Business Debit Card

8. SBI Pride Debit Card

9. SBI Premium Debit Card

10. SBI Mumbai Metro Combo Card

mymoneykarma gives you a brief glimpse into each of these debit cards.

SBI Classic Debit Card

A State Bank Classic debit card enables customers to enjoy features such as cashless transactions, bill payment options, easy account access, rewards redemption program, and purchases at various merchant outlets across India. The debit card can be utilized to withdraw cash from any ATM in India. The cash withdrawal limit at any ATM is set to a minimum sum of Rs 100 and a maximum sum of Rs 40,000. Customers can make transactions of up to Rs 50,000 at POS terminals with this debit card.

SBI Silver International Debit Card

With the SBI Silver international debit card, customers are free to access their accounts from any part of the world, make purchases from 30 million retail outlets globally, and make payments or withdraw cash without any hassle. On using this debit card, customers also earn two times the reward points on three consecutive transactions every three months.

SBI Global International Debit Card

This SBI debit card is a secured card that offers reliable protection against fraudulent transactions. The card is embedded with an EMV chip for extra protection. On using this debit card, customers can earn two times the reward points on three consecutive transactions every three months. They can also enjoy cashless shopping and unlimited Freedom Rewardz points on all debit card purchases.

SBI Gold International Debit Card

SBI Gold International debit cards give customers a very high transaction limit of Rs 2 lakhs per day, and therefore provide maximum flexibility on POS and online transactions. The card offers free life insurance coverage worth Rs 2 lakhs to the cardholders. The card also comes with a theft or damage protection insurance of Rs 5,000 for 90 days from receiving the card.

SBI Platinum International Debit Card

SBI Platinum members can easily buy goods, book movie tickets, pay utility bills, and do online transactions with the SBI Platinum debit card. The card is also equipped for international usage. Customers can earn up to three times the reward points on three successive transactions. The cardholders also get complimentary life insurance worth Rs 5 lakhs for 90 days after receiving the card.

SBI Mumbai Metro Combo Card

SBI has introduced this card for its customers who regularly use the Mumbai Metro for commute. The debit card doubles up as an access card for the Mumbai Metro, with a host of benefits. The card saves a lot of time for the cardholders, who do not need to stand in ticketing queues at Mumbai Metro Stations. Customers can also use a debit card as a shopping card to make payments, online purchases, and cash withdrawals.

SBI INTOUCH Tap & Go Debit Card

This is the first contactless debit card launched by SBI. Customers can use this debit card for making quick and hassle-free payments by just tapping the card at any POS terminal with a retail outlet that accepts contactless payments. This card enables super-fast transactions, online payments, and worldwide shopping.

SBI Business Debit Card

The SBI business debit card is specially designed for entrepreneurs and business people. This is a commercial debit card. Customers can use the card to track expenses, book travel tickets, pay utility bills, and buy essentials for businesses.

SBI Pride Debit Card

SBI Pride debit card is offered to self-employed individuals and small businesspeople. The debit card allows a daily cash limit of Rs 1 lakh and a purchase transaction limit of Rs 2 lakhs per day. The cardholder also has the facility of depositing cash at any SBI cash deposit machine, with a limit of Rs 49,990 per day.

SBI Premium Debit Card

The premium cardholders of SBI get this premium debit card for their luxurious needs. The card allows a daily cash limit of Rs 2 lakhs and an e-transaction limit of Rs 5 lakhs per day. The cardholder also gets a life insurance cover of Rs 5 lakhs and purchase protection insurance of Rs 50,000.

Benefits of SBI Debit Cards

A few benefits of SBI Debit cards are given below.

1. SBI debit cards allow customers to access their banking accounts from any part of the country with a vast network of over 43,000 ATMs.

2. Customers can use SBI debit cards to perform a variety of banking operations, such as withdrawing cash, making payments, changing the PIN, checking their account balance, requesting checkbooks, obtaining mini statements, and opening term accounts at any SBI ATM.

3. SBI debit cards are very safe to use, with multiple levels of security in place for online transactions. These security measures are provided by ‘3D Secure’, a secure service by SBI in collaboration with Visa and MasterCard.

FreedomRewardz - State Bank of India’s Debit Card Loyalty Program

FreedomRewardz is the debit loyalty program of State Bank of India, which rewards customers whenever they go shopping or make payments. All SBI cardholders are registered automatically and can accrue FreedomPoints on all their transactions as given below.

1. One freedom point on using the card for shopping, dining, fuel, or travel bookings.

2. 50 bonus points on the first transaction within 30 days of receiving the card.

3. 50 extra points on the second purchase and 100 points on the third transaction within 30 days of receiving the card.

Based on the type of debit card, customers can earn double or triple the amount of points from three transactions every three months. These freedom points can be redeemed against shopping vouchers, gifts, and merchandise within 36 months.

DOs and DON’Ts of Using SBI Debit Cards

DOs

1. Report the loss of a card immediately by calling the SBI customer care number.

2. Retain the customer charge copy while swiping the card at a POS terminal.

3. Keep the PIN of the card private.

4. Check for additional transaction fees. 

DON’Ts

1. Don’t reveal the debit card PIN to anyone.

2. Don’t use the card with merchant outlets that opt for DCC.

3. Do not hand the card over to third parties.

4. Do not make transactions over telephone calls.

5. Do not refresh or close the window while a transaction is in process.

SBI Debit Card FAQs

How do I replace my lost debit card?

Customers should immediately block the debit card that has been lost by calling the SBI customer care number. They can then fill in a card replacement form and pay the fees at the SBI branch where the account is. A new debit card is then mailed to the registered address within 14 working days.

How long is my debit card valid?

The validity of an SBI debit card is printed on the card.

Can I have two debit cards?

Customers are usually assigned a single debit card per savings account. However, there are provisions for add-on cards, subject to terms and conditions of the card.