Here you will find the detailed information related to axis bank platinum debit card. The key features , benefits and eligibility of the debit card.
Table of Contents
Introduction To Axis Bank
Axis Bank is one of India’s leading private sector banks, offering a wide range of financial products and services tailored to meet the needs of individuals and businesses. Among its many offerings, Axis Bank provides a diverse selection of debit cards designed to enhance financial convenience, security, and rewards for its customers.
Choosing the right debit card is crucial for seamless transactions, savings on expenses, and enjoying exclusive privileges. Whether you seek cashback benefits, travel perks, or premium lifestyle features, selecting a debit card that aligns with your financial habits can significantly enhance your banking experience.
One such premium offering is the Axis Bank Platinum Debit Card, which comes packed with a host of features, including higher transaction limits, reward points, lifestyle privileges, and enhanced security. In this guide, we’ll explore the key benefits of this card and why it could be the perfect addition to your financial toolkit.
Key Features of Axis Bank Platinum Debit Card
The Axis Bank Platinum Debit Card is designed to provide customers with a seamless and rewarding banking experience. Here are its standout features:
✅ High Transaction Limits
Enjoy higher daily transaction limits, allowing you to make large purchases and withdraw more cash without hassle.
✅ Contactless Payment Feature
Make quick and secure payments with the tap-and-pay feature, reducing the need to swipe or enter PINs for small transactions.
✅ Global Acceptance
Use your card effortlessly at ATMs and POS terminals worldwide, making it a convenient option for travelers and international shoppers.
✅ Complimentary Insurance Coverage
Benefit from complimentary insurance protection, including purchase protection, lost card liability, and accidental death cover, ensuring peace of mind.
✅ EMI Conversion Option
Convert high-value purchases into affordable EMIs, making it easier to manage your expenses while enjoying financial flexibility.
Eligibility Criteria For Debit Card
To apply for the Axis Bank Platinum Debit Card, applicants must meet the following criteria:
✅ Who Can Apply?
- The card is available to Axis Bank savings account holders.
- Both resident and non-resident individuals (NRI account holders) can apply.
- The applicant must meet the bank’s KYC (Know Your Customer) guidelines.
✅ Minimum Balance Requirement
- The linked savings account must maintain a minimum average balance, which varies depending on the type of savings account held.
- Premium account holders, such as those with Priority or Wealth banking, may be eligible for the card without additional charges.
How to Apply for Axis Bank Platinum Debit Card?
You can apply for the Axis Bank Platinum Debit Card through both online and offline methods.
1. Online Application Process
✅ Via Internet Banking
- Log in to Axis Bank Internet Banking with your credentials.
- Navigate to the Debit Cards section.
- Select Platinum Debit Card and click on Apply Now.
- Review the terms and conditions, then confirm your request.
- Your card will be processed and delivered to your registered address.
✅ Via Mobile Banking App
- Open the Axis Mobile Banking App and log in.
- Go to the Cards section and select Apply for a Debit Card.
- Choose the Platinum Debit Card and follow the on-screen instructions.
- Confirm your request, and the card will be issued shortly.
2. Offline Application Process (Branch Visit)
- Visit your nearest Axis Bank branch.
- Request a Debit Card Application Form from the bank representative.
- Fill out the required details and submit the form along with necessary documents.
- The bank will process your request, and the card will be dispatched to your registered address.
3. Required Documents
To apply for the Axis Bank Platinum Debit Card, you will need:
- Identity Proof (Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License)
- Address Proof (Aadhaar Card, Utility Bill, or Passport)
- Recent Passport-Sized Photograph (if required)
- Existing Axis Bank Account Details
Fees and Charges of Axis Bank Platinum Debit Card
Understanding the fees and charges associated with the Axis Bank Platinum Debit Card is essential for managing your finances effectively. Here’s a breakdown of the key charges:
1. Annual Fees & Renewal Charges
- Annual Fee: ₹200 + GST (subject to change as per bank policies).
- Renewal Fee: ₹200 + GST per year.
- Replacement Card Fee: ₹200 + GST (in case of lost/stolen card).
2. Transaction Charges
✅ Domestic Transactions
- POS & Online Transactions: No additional charges.
- ATM Withdrawals at Axis Bank ATMs: Free of cost.
- ATM Withdrawals at Other Bank ATMs:
- First 5 transactions per month (including financial and non-financial) are free.
- Post free limit: ₹21 per financial transaction, ₹8.50 per non-financial transaction.
✅ International Transactions
- International ATM Withdrawals: ₹125 per withdrawal.
- Foreign Currency Markup Fee: 3.5% of the transaction amount.
- Balance Inquiry at International ATMs: ₹25 per inquiry.
3. ATM Withdrawal Limits
- Daily ATM Withdrawal Limit: ₹1,00,000
- Daily Shopping (POS & Online) Limit: ₹4,00,000
Reward Programs & Cashback Offers
The Axis Bank Platinum Debit Card comes with exciting rewards, cashback, and exclusive discounts, making your spending more rewarding.
1. Cashback Benefits
✅ Shopping & Dining
- Earn cashback on selected retail stores, restaurants, and online shopping platforms.
- Special cashback offers on grocery purchases and utility bill payments.
✅ Travel Benefits
- Cashback on flight bookings, hotel stays, and travel websites.
- Discounts on cab rides and fuel surcharge waivers at select petrol stations.
2. Reward Points System
- Earn Axis EDGE REWARD Points on every transaction.
- Points can be accumulated and redeemed for gift vouchers, merchandise, or travel bookings.
- Accelerated rewards on premium retail and lifestyle purchases.
3. Exclusive Discounts on Partner Merchants
- Special discounts on shopping at partner stores like Amazon, Flipkart, Myntra, and more.
- Exclusive dining offers at partner restaurants across India.
- Discounts on movie tickets, entertainment platforms, and subscription services.
Insurance Benefits of Axis Bank Platinum Debit Card
The Axis Bank Platinum Debit Card offers extensive insurance coverage, ensuring financial protection in case of unforeseen events.
1. Personal Accident Insurance Coverage
- Provides coverage against accidental death or permanent disability.
- Coverage amount may vary based on the type of Axis Bank account linked to the card.
- Available to the primary cardholder, subject to usage criteria set by the bank.
2. Purchase Protection Against Fraud & Theft
- Protection against unauthorized transactions in case of card loss or theft.
- Zero liability policy for fraudulent transactions reported within the stipulated time.
- Purchase protection covers damaged or stolen goods bought using the card, within a specified period.
3. Travel Insurance for International Travelers
- Coverage for baggage loss, flight delays, and trip cancellations.
- Emergency medical insurance during international travel.
- Protection against loss of passport and important documents while abroad.
Daily Transaction Limits & Spending Power
The Axis Bank Platinum Debit Card offers high transaction limits, making it ideal for those who require greater financial flexibility.
1. ATM Withdrawal Limits
- Daily ATM Withdrawal Limit: ₹1,00,000
- Withdraw cash from Axis Bank ATMs, other bank ATMs, and international ATMs (charges may apply for non-Axis Bank transactions).
2. POS & Online Transaction Limits
- Daily Shopping Limit (POS & Online Transactions): ₹4,00,000
- Use the card for retail purchases, e-commerce transactions, utility bill payments, and travel bookings.
International Transactions & Currency Conversion
The Axis Bank Platinum Debit Card is globally accepted, allowing you to make seamless transactions at international ATMs, retail stores, and online platforms.
1. Global Usability & Currency Conversion Charges
- Accepted Worldwide: Use the card at international ATMs, POS terminals, and e-commerce websites.
- Currency Conversion Charges: 3.5% of the transaction amount.
- International ATM Withdrawal Fee: ₹125 per withdrawal.
- Balance Inquiry at International ATMs: ₹25 per inquiry.
2. Steps to Activate International Usage
Before using your Platinum Debit Card abroad, you need to activate international transactions:
✅ Via Internet Banking
- Log in to Axis Bank Internet Banking.
- Navigate to the Debit Cards section.
- Select your card and enable international transactions.
- Set your preferred transaction limits.
✅ Via Axis Mobile App
- Open the Axis Mobile App and log in.
- Go to the Cards section and select your Platinum Debit Card.
- Toggle international usage ON and set transaction limits.
✅ Via Customer Care
- Call Axis Bank Customer Support and request activation for international transactions.
3. Security Measures for International Transactions
- EMV Chip & PIN Protection: Ensures secure transactions at ATMs and POS terminals.
- Real-time SMS & Email Alerts: Get instant notifications for every international transaction.
- Temporarily Disable International Transactions: Enable or disable global usage anytime via mobile banking.
- Lost Card Liability Protection: Report a lost or stolen card immediately to prevent unauthorized usage.
Contactless Payment Technology & Security Features
The Axis Bank Platinum Debit Card is equipped with contactless payment technology, ensuring fast, secure, and hassle-free transactions.
1. How Contactless Payments Work
- The card comes with NFC (Near Field Communication) technology, allowing payments by simply tapping it on a contactless-enabled POS terminal.
- No need to swipe, insert, or enter a PIN for transactions up to ₹5,000 (as per RBI guidelines).
- For transactions above ₹5,000, you must enter your PIN to authenticate the payment.
2. Fraud Protection & Security Features
- EMV Chip & PIN Protection: Secure transactions with a chip-enabled card to prevent card cloning and skimming fraud.
- Real-time Alerts: Receive instant SMS and email notifications for every transaction.
- Zero Liability Protection: Report a lost or stolen card immediately to prevent unauthorized transactions.
- Card Lock/Unlock Feature: Instantly enable or disable transactions via the Axis Bank Mobile App or Internet Banking.
- AI-Based Fraud Detection: Continuous monitoring of transactions to detect suspicious activity.
3. Tips to Secure Your Debit Card
✅ Keep Your Card Details Confidential – Never share your card number, CVV, or PIN with anyone.
✅ Enable Transaction Limits – Set daily limits for ATM withdrawals, online transactions, and international usage via mobile banking.
✅ Use Secure Networks – Avoid making transactions over public Wi-Fi or unsecured networks.
✅ Monitor Account Activity – Regularly check your bank statements and transaction alerts for any unauthorized activity.
✅ Update Contact Details – Ensure your mobile number and email ID are up to date to receive real-time alerts.
Advantages
✔ High Transaction Limits – Daily withdrawal limit of ₹1,00,000 and shopping limit of ₹4,00,000, ideal for high spenders.
✔ Contactless Payments – Tap-and-pay feature for quick and secure transactions without needing a PIN for purchases up to ₹5,000.
✔ Global Acceptance – Usable at ATMs, POS terminals, and online merchants worldwide, making it convenient for travelers.
✔ Reward Points & Cashback – Earn EDGE REWARD points on transactions and enjoy cashback offers on shopping, dining, and travel.
✔ Complimentary Insurance Coverage – Includes personal accident insurance, fraud protection, and travel insurance for added security.
✔ EMI Facility – Convert large purchases into affordable EMIs, offering financial flexibility.
✔ Fuel Surcharge Waiver – Get a waiver on fuel surcharges at select petrol pumps.
Disadvantages
✖ Annual Fee & Renewal Charges – The card comes with an annual fee of ₹200 + GST, which may not be ideal for customers looking for a zero-fee debit card.
✖ Forex Markup Fee – A 3.5% foreign currency conversion charge applies to international transactions, making it expensive for frequent travelers.
✖ Limited Free ATM Transactions – Withdrawals from non-Axis Bank ATMs are limited to 5 free transactions per month, after which charges apply.
✖ Eligibility Restrictions – Requires maintaining a minimum balance in the linked Axis Bank savings account, which may not be suitable for all customers.
Axis Bank Platinum Debit Card vs Other Axis Bank Debit Cards
Axis Bank offers multiple debit cards tailored to different customer segments. Here’s a comparison of the Axis Bank Platinum Debit Card, Axis Bank Burgundy Debit Card, and Axis Bank Priority Debit Card to help you choose the right one.
| Feature | Axis Bank Platinum Debit Card | Axis Bank Burgundy Debit Card | Axis Bank Priority Debit Card |
|---|---|---|---|
| Eligibility | Savings account holders maintaining required balance | Exclusive for Burgundy Banking customers | Priority Banking customers with specific account balance requirements |
| Daily ATM Withdrawal Limit | ₹1,00,000 | ₹3,00,000 | ₹1,50,000 |
| Daily Shopping (POS/Online) Limit | ₹4,00,000 | ₹6,00,000 | ₹5,00,000 |
| Annual Fee | ₹200 + GST | No annual fee | ₹750 + GST |
| Contactless Payments | ✅ Yes | ✅ Yes | ✅ Yes |
| International Usage | ✅ Yes (3.5% forex markup) | ✅ Yes (lower forex markup) | ✅ Yes (3.5% forex markup) |
| Reward Points & Cashback | ✅ EDGE REWARDS | ✅ Higher EDGE REWARDS | ✅ EDGE REWARDS |
| Complimentary Insurance | ✅ Includes accident, fraud, and purchase protection | ✅ Higher coverage for travel, fraud, and purchase protection | ✅ Includes accident, travel, and fraud insurance |
| EMI on Purchases | ✅ Yes | ✅ Yes | ✅ Yes |
| Airport Lounge Access | ❌ No | ✅ Yes (domestic & international lounges) | ✅ Yes (domestic lounges) |
| Exclusive Merchant Offers | ✅ Yes | ✅ Yes (premium offers) | ✅ Yes |
Which Card Suits Different Customer Segments?
- Axis Bank Platinum Debit Card → Ideal for regular high spenders looking for higher transaction limits, rewards, and international usability at an affordable fee.
- Axis Bank Burgundy Debit Card → Best for premium customers with high account balances who need higher limits, lower forex fees, and travel benefits like lounge access.
- Axis Bank Priority Debit Card → Suitable for Priority Banking customers who want higher limits, domestic lounge access, and premium offers.
Final Recommendation
- For premium banking experience & global travel → Burgundy Debit Card
- For high-value transactions & domestic use → Priority Debit Card
- For everyday use with high transaction limits → Platinum Debit Card
Customer Reviews & Feedback on Axis Bank Platinum Debit Card
✅ Positive Reviews
✔ High Transaction Limits – Customers appreciate the ₹1,00,000 ATM withdrawal limit and ₹4,00,000 shopping limit, making large transactions hassle-free.
✔ Global Usability – Many users find it convenient for international travel and online purchases, thanks to its worldwide acceptance.
✔ Contactless Payments – Users enjoy the tap-and-pay feature, making transactions quicker and more secure without entering a PIN for small amounts.
✔ Reward Points & Cashback – Several customers highlight the EDGE REWARDS program and cashback offers on shopping, dining, and travel as valuable benefits.
✔ Complimentary Insurance – Users appreciate the added security of personal accident insurance, fraud protection, and travel insurance.
Common Issues Faced by Cardholders
✖ Annual Fees & Charges – Some customers feel the ₹200 annual fee + GST could be waived for loyal account holders.
✖ Forex Markup Fees – Frequent international travelers mention that the 3.5% currency conversion fee makes overseas transactions costly.
✖ Limited Lounge Access – Unlike Burgundy or Priority Debit Cards, this card does not offer complimentary airport lounge access, which some high-spenders expect.
✖ Delayed Customer Support – A few users have reported occasional delays in resolving disputes or card-related issues through Axis Bank’s customer service.
✖ Non-Axis Bank ATM Charges – Customers dislike the limited free transactions at non-Axis Bank ATMs (only 5 free per month), with charges applicable thereafter.
How to Block or Replace a Lost/Damaged Axis Bank Platinum Debit Card?
If your Axis Bank Platinum Debit Card is lost, stolen, or damaged, you should immediately block it to prevent unauthorized transactions. Here’s how you can do it:
1. Steps to Block Your Debit Card
✅ Via Internet Banking
- Log in to Axis Bank Internet Banking.
- Go to the Debit Cards section.
- Select the card and choose “Block Card”.
- Confirm the request to instantly block your card.
✅ Via Axis Mobile App
- Open the Axis Mobile App and log in.
- Navigate to the Cards section.
- Select your Platinum Debit Card and tap “Block Card”.
- Confirm to disable the card immediately.
✅ Via Customer Care
- Call Axis Bank Customer Care at 1860 419 5555 / 1860 500 5555 (available 24×7).
- Follow the IVR instructions or speak to a representative to request card blocking.
✅ Via SMS (For Quick Blocking)
- Send an SMS: BLOCKCARD <Last 4 Digits of Card> to 56161600 from your registered mobile number.
✅ Via Branch Visit
- Visit the nearest Axis Bank branch with a valid ID proof.
- Request for card blocking and replacement.
2. How to Replace a Lost/Damaged Card?
Once your old card is blocked, you can request a replacement card through:
✔ Internet Banking / Axis Mobile App – Request a new card under the “Reissue Debit Card” option.
✔ Customer Care – Call customer support and request a new card to be delivered.
✔ Branch Visit – Fill out a debit card replacement request form at any Axis Bank branch.
3. Reissuance Charges & Process
- Replacement Card Fee: ₹200 + GST.
- The new card will be sent to your registered mailing address within 7-10 working days.
- Once received, activate the card by generating a new PIN via ATM, internet banking, or mobile banking.
Conclusion
The Axis Bank Platinum Debit Card is a well-rounded debit card offering high transaction limits, global usability, reward benefits, and strong security features. With contactless payments, cashback offers, complimentary insurance, and EMI conversion options, it is designed for individuals who require financial convenience and spending flexibility.
This card is ideal for frequent shoppers, as it offers high shopping limits and cashback offers. It also benefits frequent travelers, thanks to its global acceptance and travel insurance. High-spenders and premium customers will appreciate the higher withdrawal and transaction limits, while tech-savvy users can take advantage of contactless payments and digital banking features.
The Axis Bank Platinum Debit Card is a great option for those looking for premium features without a high annual fee. While it offers rewards, security, and high transaction limits, customers should consider potential forex markup charges, ATM withdrawal fees, and lack of lounge access before applying.
If you are a frequent spender who values rewards, shopping benefits, and financial security, this card is a solid choice. However, if you need luxury perks like airport lounge access or lower forex fees, you might consider Axis Bank Burgundy or Priority Debit Cards instead.
FAQs
What is the Axis Bank Platinum Debit Card?
The Axis Bank Platinum Debit Card is a premium debit card offering high transaction limits, cashback rewards, and global acceptance.
Who is eligible for this debit card?
Any Axis Bank savings account holder who meets the bank’s minimum balance requirements can apply.
How can I apply for the Axis Bank Platinum Debit Card?
You can apply online through Internet Banking, the Axis Mobile App, or by visiting a branch.
What are the annual fees for the card?
The annual fee is ₹200 + GST, which is charged yearly.
Is there a minimum balance requirement to get this card?
Yes, you must maintain a minimum balance in your linked savings account, as per Axis Bank’s guidelines.
What is the daily ATM withdrawal limit?
You can withdraw up to ₹1,00,000 per day from ATMs.
What is the daily shopping limit for POS and online transactions?
The maximum spending limit is ₹4,00,000 per day.
Can I use this card for international transactions?
Yes, the Axis Bank Platinum Debit Card is globally accepted at ATMs, POS terminals, and online merchants.
What are the charges for international transactions?
A 3.5% currency conversion fee applies to foreign currency transactions.
Does the card support contactless payments?
Yes, you can tap and pay for transactions up to ₹5,000 without entering a PIN.
Do I earn reward points on purchases?
Yes, you earn EDGE REWARD points on eligible transactions.
How can I redeem my EDGE REWARD points?
Points can be redeemed for shopping, gift vouchers, travel bookings, and more through the Axis EDGE Rewards portal.
Are there any cashback offers with this card?
Yes, you get cashback on shopping, dining, and travel purchases at select partner merchants.
Does this card offer fuel surcharge waivers?
Yes, a fuel surcharge waiver is available at select petrol stations.
Can I convert purchases into EMIs?
Yes, eligible transactions can be converted into EMIs for easy repayment.
What should I do if I lose my card?
You should immediately block your card via Internet Banking, the Axis Mobile App, or by calling customer care at 1860 419 5555 / 1860 500 5555.
How can I replace a lost or damaged card?
You can request a replacement card online, through customer care, or by visiting a branch. A reissuance fee of ₹200 + GST applies.
How do I activate international usage on my card?
You can enable international transactions via Internet Banking, the Axis Mobile App, or by calling customer support.
Is my card protected against fraud?
Yes, the card has EMV chip security, transaction alerts, and fraud protection features.
How can I set spending limits on my card?
You can customize your ATM withdrawal, POS, and online transaction limits through Internet Banking or the Axis Mobile App.
Are there any charges for ATM withdrawals from non-Axis Bank ATMs?
You get 5 free transactions per month at non-Axis ATMs, after which charges apply.
What are the charges for international ATM withdrawals?
A withdrawal fee of ₹125 per transaction is applicable at foreign ATMs.
Are there any charges for checking my balance at an international ATM?
Yes, a ₹25 fee is charged for balance inquiries at overseas ATMs.
What happens if my account balance is lower than the required minimum?
You may be charged a non-maintenance fee as per Axis Bank’s savings account terms.
Can I get a replacement card if my current one is damaged?
Yes, a replacement card costs ₹200 + GST and will be delivered within 7-10 working days.
How can I check my debit card statement?
You can check your transaction history through Internet Banking, the Axis Mobile App, or monthly e-statements.
Can I disable or enable contactless payments?
Yes, you can manage this setting via the Axis Mobile App or Internet Banking.
How do I update my registered mobile number for transaction alerts?
Visit the nearest Axis Bank branch or update your details via Internet Banking.
Can I link my Platinum Debit Card to mobile wallets like Google Pay or Paytm?
Yes, the card is compatible with most digital wallets for easy payments.
How long does it take to receive the debit card after applying?
The card is usually delivered within 7-10 working days after approval.
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