The Hindu Business Line : HDFC Bank launches global debit card

Mr Neeraj Swaroop (right), Country Head, Retail Banking, HDFC Bank, with Mr Uttam Nayak, Deputy Country Manager (South Asia), Visa International, at a press conference in Mumbai on Thursday. — Shashi Ashiwal

Mumbai , Dec. 9

HDFC Bank has launched an international gold debit card for its high networth customers.

The international gold debit card offer a host of benefits, including a cash back facility, comprehensive insurance covers and zero surcharge at petrol pumps.

"This product is first of its kind in the Indian market. While product segmentation is available in the credit card side, in the debit card side there hasn't been any segmentation. The gold card will cater to the segment of our customers who have been awaiting such a product," said Mr Neeraj Swaroop, Country Head, Retail Banking, HDFC Bank, addressing a press conference here today.

With the HDFC Bank gold debit card, customers will receive a credit of Re 1 for every Rs 100 spent.

The annual fee per card is Rs 500 a year.

More Stories on : Credit Cards & Debit Cards | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
When banks merge and emerge bigger

KVIC deserved a better deal

Rupee falls sharply

No plans for berth on RIL board now: LIC chief
`Crisis will not impact investments'

ING Vysya Life unveils unit-linked plans

Insurance cards for SHGs in Mangalore

ATM facility at Dharmasthala

RBI directive to foreign banks on priority lending shortfall

`On-tap' sale for 4 States closed

Service area norms for banks, RRBs relaxed

HDFC Bank launches global debit card

Prudential Bank depositors to get up to Rs 1 lakh

Deposits up to Rs 1 lakh will be repaid in three months: Prudential Liquidator

Top-level appointments in PSU insurance cos

Cherian Verghese is Union Bank CMD