Different Types of Debit Cards in India Explained
The opening of an account by a bank usually comes along with the issuance of debits to their customers as one can see from the banking records. Debit cards, which come in various colors, have essentially the same features and uses that credit cards possess minus any kind of credit facility provided through the cards.
Which Various Debit Card Types Are Available?
Even though almost everyone carries a debit card these days, most people are not aware of the various kinds of debit cards that are available or how they can be used. You must first comprehend the distinctions between each card type in order to choose the best one for your financial requirements.
Debit Card Types
In India, there are four main categories of debit cards. They are Maestro, RuPay, MasterCard, and Visa. Despite their recent popularity, contactless cards are also issued using one of the four payment service systems listed above.
Let examine the several kinds of cards that Indian users can choose from:
Visa Debit Cards
India uses Visa in a vast majority of online and electronic transactions. It also owns a credit card processing gateway as well as a number of other offers, such as Visa cards. Visa debit cards come with superb safety features and 24/7 customer service.
There are many types of Visa debit card variants, and they may be classified into such categories as Classic, Gold, or Platinum. These cards offer an extraneous solution to ink goals, cashless transactions, and an ATM card as well.
Types of Visa Debit Cards
The types of Visa Debit Cards are given below:
- Visa Classic
- Visa Gold
- Visa Platinum
- Visa Signature
- Visa Infinite
MasterCard Debit Cards
MasterCard is the world's second most-used payment gateway in India; although MasterCard debit card is not as widely used as Visa, it has many advantages, including cash back and reward points for every purchase.
This type of card facilitates transactions both within and outside of the country on websites and linked ATMs under the MasterCard network system.
Types of Maestro Credit Card
- Standard Debit MasterCard
- Platinum Debit MasterCard
- World Credit MasterCard
Maestro Card
Introduced in 1991 by MasterCard; it is acknowledged worldwide. This system is very similar to debit cards - the one universally used for worldwide online transactions and ATM support globally. For offering secure payment sources as well as advanced security measures, Maestro debit cards are a reliable choice for domestic and international operations.
RuPay Debit Cards
RuPay is a payment scheme started in 2016 in India by the National Payments Corporation of India (NPCI). The cards are printed by some public, private, co- operative, and regional rural banks, making RuPay one of the largest cardholders in the country.
The RuPay debit card is best suited to domestic use because it covers more requirements, from shopping to the ATM withdrawals to online payments domestically rather than internationally. This suggests a reduction in the cost of transaction processing and time saving in comparison to a Visa or MasterCard.
Contactless Debit Cards
Due of their speed and convenience, contactless debit cards have become more and more popular. Up to a predetermined amount, these cards let users to make purchases without providing a PIN.
Contactless debit cards lower the risk of fraud because they don't need swiping or handing the card to a cashier like standard debit cards do. It is the perfect option for people who value ease and quickness because all you have to do is wave the card in front of a PoS terminal to finish the transaction fast.
Virtual Debit Card
Virtual debit cards are free to use now; they are a modernism that can be known from all the banks today. These cards do not have a physical form; rather, they are stored totally virtually in the memory of the phone. The details that are uploaded in this card are the same just like any other card, for example, the card number, expiry date, and CVV code.
All this one has is an internet access point to use such an e-debit card. It is a card secure enough for transactions with the website concerned but cannot be used to withdraw cash by inserting it into an ATM.
How to Choose the Right Debit Card?
Finding the right debit card could have the appearance of being quite intimidating. You just need to know the following to simplify the process:
- Fees and Charges: Inspect the dues and the annual charges at the credit card emissions time. The greater the number of features, the greater the price. Moreover, some banks have thresholds against which the fee can be forgiven automatically by future changes.
- The International Angle: Whenever you go online with a foreign trader, are you buying every day? Here you will be sure to end up racking up international transaction fees, and worse could be confused with transaction fees, which cost even more.
- Withdrawal Limits and for special use online: Cash and online shopping every day are different across the board, and cards come with various kinds of transaction limits.
- Advantages and Features: Along with this, what really needs to be calculated is the benefit you will get by using your card. Moreover, when you have frequent fly miles or even a card that gives you points to redeem, which card do you keep in your wallet? Airline card, definitely.
Based on these requirements, select a debit card that can be functional for everything in your daily life and financial requirements.
Conclusion
Virtual payment gateways have replaced debit cards and transformed the banking industry. They are now a daily necessity and have supplanted currency. In addition to being easy to carry, they are safe and remove the need for us to always have cash on hand.
There are various kinds of debit cards. They facilitate easy financial transactions and provide a number of incentives and cash-back choices. But it's wise to know what kind of debit card you're selecting.
Some can provide you discounts on a variety of goods and services, while others offer exclusive deals for vacation. Pick the one that best suits your needs and preferences.
FAQs on Types of debit cards in India
- Is it possible for me to select the kind of debit card I want?
Debit cards are typically issued at random by banks. You can, however, ask for a certain kind of debit card. For example, Visa or MasterCard can be used in place of RuPay if you want to use a debit card abroad. Conveniently make a variety of payments both online and offline with your card.
- What's the best debit card to use?
RuPay cards can only be used domestically, however other debit cards have the same advantages. Selecting a MasterCard or Visa debit card is convenient if you frequently travel abroad.
- What distinguishes ATM Cards from debit cards?
ATM cards are only used to make cash withdrawals. On the other hand, debit cards can be used both offline and online.
- Is it possible to Gget a customised debit card?
Indeed. Customers can customise their debit cards with certain banks. You must, however, select among the designs that the bank has provided.
- Is It possible to take out cash without a debit card?
Cardless cash withdrawal is supported by certain ATMs. To make withdrawals simpler for its clients, well-known banks like SBI, HDFC, and PNB have implemented cardless cash withdrawals through their ATMs.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.