India Debit Card, Explosive Growth

In westernized countries, we think nothing of using debit cards but in some parts of the world, the debit card is a brand new concept, one only recently been introduced.  Such is the case for the India debit card.  For a long time, many Asian countries used only cash when buying things but as more and more people are learning about the benefits that come from debit cards, we see popularity increasing, although slowly.[br]

In westernized countries, we think nothing of using debit cards but in some parts of the world, the debit card is a brand new concept, one only recently been introduced.  Such is the case for the India debit card.  For a long time, many Asian countries used only cash when buying things but as more and more people are learning about the benefits that come from debit cards, we see popularity increasing, although slowly.[br]

Today, the number of people now using an India credit card is on the rise so we wanted to provide some specific banks that provide this type of product.

Abn Amro Bank

This bank offers an India debit card that is an international card.  In addition to being helpful for cash withdrawals and deposits, the card also features rewards.  For instance, if the debit card is used for travel, people can get one free night when they stay a minimum of two nights.  The card also has a rewards point system whereby if the consumer spends Rs. 100, two royalty points would be earned, which are equal to Re.1 for retail and five royalty points equal to Rs.2.50 for gasoline.  Once 500 points are accumulated, they can be redeemed.

For shopping, this India debit card provides 12% off the minimum purchase of Rs.5000 and more when buying from Sangini Diamond Jewelry.  If jewelry were purchased from Adora, the consumer would receive a 17% discount, from Allen Solly watches 15% off, Sparkles diamonds 15% off, and for sunglasses, eyeglasses, and contacts from GKB Opticals, the discount is at 10%[br]

Axis Bank

This financial institution is also a great option, one that offers an India debit card of varying levels.  For the priority India debit card, consumers would enjoy no fuel charges at all gasoline pumps and a rewards program that allows point redemption for dining, home, magazines, personal, lifestyle, kids, electronics, gifts, and even charities.

For travel, this India debit card provides a 15% discount when people stay at the Brigade Homestead Serviced Residences in Bangalore and the same discount for rooms at The Central Park Hotel.  Additionally, this India debit card provides a 15% discount for people needing diagnostic testing at The Apollo Clinics.  However, the offers for this particular India debit card are only good until March 31, 2010.

Citibank

The great thing about an India debit card from Citibank is that this bank has locations throughout the world.  Therefore, while different debit card offers are made, the international premium is considered the best.  Some of the benefits of this India debit card include free access to airport lounges for domestic travel and free access to many of India’s premium golf ranges, to include green fee discounts.

IndianOil

This India debit card is also offered by Citibank but well worth mentioning.  Considered a premium card, it too is loaded with bonuses.  For instance, when gasoline is purchased at IndianOil outlets, consumers would pay no fuel surcharge.  Then, for every Rs.100 spent at these outlets, the consumer would earn four Turbo points, which can then be accumulated and redeemed for gasoline vouchers.