Hotness Best debit card for earning rewards/cashback on...

Hot Deal Best debit card for earning rewards/cashback on online and offline spends

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There are multiple threads about best credit cards for rewards/cashback, but there is none for Debit Card. I wanted to know which Bank’s debit card is best for earning rewards/cashback on online and offline purchases?

I know SBI has SBI Rewardz program which gives back 0.25% for online/offline spends. Is there any other bank debit card which gives better reward than this?

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Hdfc easy shop platinum debit card gives 1 rupee per 100 and upto 750 per month.

Icici gives 0.25 percent cashback as payback points.

DCB gives more reward points than any other debit card.

Most of them not giving points on cred.

See this thread.

Best Debit card for credit card payment in CRED

Please Visit
https://ddime.i...lz

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JaiKrish1031 wrote:

Hdfc easy shop platinum debit card gives 1 rupee per 100 and upto 750 per month.

Icici gives 0.25 percent cashback as payback points.

DCB gives more reward points than any other debit card.

Most of them not giving points on cred.

ICICI – Payback points is the worst rewards case
IndusInd used to be great but not anymore
I think if you purchase a lot of stuff from amazon/FK, HDFC via smartbuy is much better

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getready wrote:

ICICI – Payback points is the worst rewards case
IndusInd used to be great but not anymore
I think if you purchase a lot of stuff from amazon/FK, HDFC via smartbuy is much better

Indusind is not giving offers nowdays.

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JaiKrish1031 wrote:

Hdfc easy shop platinum debit card gives 1 rupee per 100 and upto 750 per month.

Icici gives 0.25 percent cashback as payback points.

DCB gives more reward points than any other debit card.

Most of them not giving points on cred.

See this thread.

Best Debit card for credit card payment in CRED

Please Visit
https://ddime.i...lz

Quoting from DCB Website

Shopping has never been so rewarding. Earn flat 1.60% cash back on all expenditures using your DCB Platinum Debit Card! Now you can earn up to Rs. 20,000 p. a. as cash back in your savings account (subject to maintenance of average quarterly balance of Rs 25,000)
Maximum cash back allowed is Rs. 2,000 in a month and Rs. 20,000 in a financial year

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Konquerror wrote:

Quoting from DCB Website

Shopping has never been so rewarding. Earn flat 1.60% cash back on all expenditures using your DCB Platinum Debit Card! Now you can earn up to Rs. 20,000 p. a. as cash back in your savings account (subject to maintenance of average quarterly balance of Rs 25,000)
Maximum cash back allowed is Rs. 2,000 in a month and Rs. 20,000 in a financial year

Anyone have this DCB card. Do they provide rewards for mutual fund purchase and insurance or nps contributions or cred transactions?

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JaiKrish1031 wrote:

Anyone have this DCB card. Do they provide rewards for mutual fund purchase and insurance or nps contributions or cred transactions?

Yes you will get cashback however you dont get an elite account easily, only 1 account can be opened by a person, initial deposit amounts are as high as 2 Lac else rm refuses to open accounts, though the site mentions you need to maintain 25k min balance, rm tells you need to maintain 1 lac+
Hence stick to icici or hdfc

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karanoshan wrote:

Yes you will get cashback however you dont get an elite account easily, only 1 account can be opened by a person, initial deposit amounts are as high as 2 Lac else rm refuses to open accounts, though the site mentions you need to maintain 25k min balance, rm tells you need to maintain 1 lac+
Hence stick to icici or hdfc

What if we don’t maintain balance of 1L+?

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Konquerror wrote:

What if we don’t maintain balance of 1L+?

They can convert your account to lower level from elite! smile
Like Axis people converted my Priority a/c to normal one for not maintainng min bal of 2lacs

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caks2006407 wrote:

They can convert your account to lower level from elite! smile
Like Axis people converted my Priority a/c to normal one for not maintainng min bal of 2lacs

But site says AQB of 25k is required. Why would statement of RM outweigh published T&C on website? I am not able to understand this.

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Konquerror wrote:

But site says AQB of 25k is required. Why would statement of RM outweigh published T&C on website? I am not able to understand this.

Yes, I guess they won’t do it if your AQB>=25K
You can talk to them personally and get the confirmation as well before opening account.

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Konquerror wrote:

But site says AQB of 25k is required. Why would statement of RM outweigh published T&C on website? I am not able to understand this.

Yes site says so, however i was not able open an account in 2 branches in Mumbai,
I was offered a cash back account, if i needed a elite one, i needed to meet tnc of the RM not the Bank website, they have different internal scheme codes for account types.
They dont need customers who just maintain the Minimum balance, they want customers who have like a lac INR of idle money to park there and use this as their primary account

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karanoshan wrote:

Yes site says so, however i was not able open an account in 2 branches in Mumbai,
I was offered a cash back account, if i needed a elite one, i needed to meet tnc of the RM not the Bank website, they have different internal scheme codes for account types.
They dont need customers who just maintain the Minimum balance, they want customers who have like a lac INR of idle money to park there and use this as their primary account

What if I put the requested amount at the time of account opening and later on move it and just maintain 25k? Will my account be downgraded?

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karanoshan wrote:

Yes site says so, however i was not able open an account in 2 branches in Mumbai,
I was offered a cash back account, if i needed a elite one, i needed to meet tnc of the RM not the Bank website, they have different internal scheme codes for account types.
They dont need customers who just maintain the Minimum balance, they want customers who have like a lac INR of idle money to park there and use this as their primary account

What if I put the requested amount at the time of account opening and later on move it and just maintain 25k? Will my account be downgraded?

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Konquerror wrote:

What if I put the requested amount at the time of account opening and later on move it and just maintain 25k? Will my account be downgraded?

Give it a try, however if itz downgraded efforts will go waste

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DCB is working good.
inuds not giving rewards.
icici gives 2 payback points/100
BOI gives 0.5p/ 100
Any other debit cards gives good rewards?

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Konquerror wrote:

What if I put the requested amount at the time of account opening and later on move it and just maintain 25k? Will my account be downgraded?

You will not get rewards and also charged for mab.
I opened cashback account with 25000 fd, so no minimum balance to be maintained. 1.25% cashback max 1000/month. max 6000/year. Also i got dcb credit card against fd.

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ezhas wrote:

DCB is working good.
inuds not giving rewards.
icici gives 2 payback points/100
BOI gives 0.5p/ 100
Any other debit cards gives good rewards?

Icici stopped giving rewards for cred payments right ?

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rajeshcaicwacs259 wrote:

Icici stopped giving rewards for cred payments right ?

I am getting, but not for all transactions. mostly 70% counted.

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JaiKrish1031 wrote:

Hdfc easy shop platinum debit card gives 1 rupee per 100 and upto 750 per month.

Icici gives 0.25 percent cashback as payback points.

DCB gives more reward points than any other debit card.

Most of them not giving points on cred.

See this thread.

Best Debit card for credit card payment in CRED

Please Visit
https://ddime.i...lz

the 1 rupee per 100 rupee in HDFC platinum is only for recharge/utility and for other 99% of the online spends i get only 1 rupee for 200 rupee spent.

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ezhas wrote:

You will not get rewards and also charged for mab.
I opened cashback account with 25000 fd, so no minimum balance to be maintained. 1.25% cashback max 1000/month. max 6000/year. Also i got dcb credit card against fd.

Well on their site it says AQB of 25k is required, hence I believe RM is just taking you for a ride.

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ezhas wrote:

DCB is working good.
inuds not giving rewards.
icici gives 2 payback points/100
BOI gives 0.5p/ 100
Any other debit cards gives good rewards?

SBI debit card gives 0.25%. However if you do more than 3 transactions in a month, they double your rewards. Hence effectively you’ll get 0.5%. As of now it seems DCB has best rewards on debit card.

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Dcb bank card is best , but it have selected branch in india .

Sb
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I have DCB elite and do not agree to all the comments around 1L or 2L… I am maintaining just 25k .. all good so far .. hands down best debit card in terms of cashback ..

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sb210 wrote:

I have DCB elite and do not agree to all the comments around 1L or 2L… I am maintaining just 25k .. all good so far .. hands down best debit card in terms of cashback ..

Thanks for confirming.

Sb
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Konquerror wrote:

Thanks for confirming.

Also, i opened the account with just 30k

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I saw dcb bank in Andheri West nearest to railway station

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Konquerror wrote:

SBI debit card gives 0.25%. However if you do more than 3 transactions in a month, they double your rewards. Hence effectively you’ll get 0.5%. As of now it seems DCB has best rewards on debit card.

sbi which debit card? i am getting 0.25% only

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Konquerror wrote:

Well on their site it says AQB of 25k is required, hence I believe RM is just taking you for a ride.

No, if u open fd with them, they will give zero balance account.

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ezhas wrote:

sbi which debit card? i am getting 0.25% only

Check this link: https://rewardz.sbi/overvie...px

Row #3 under Debit Card.

Monthly Bonus – Points awarded in a month will be doubled if card is used atleast 3 times in that month

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