In an increasingly cashless economy, debit and credit cards naturally play a pivotal role. While a debit card means ATM card that you use to withdraw money and make payments, a credit card means a monthly line of credit a financial institution is ready to extend to its customers on a monthly basis, subject to monthly payment. Even the days when these cards needed to be swiped are nearing their end. Today is the era of virtual debit cards like the Kotak 811 debit card.
Big or small, all sorts of purchases can be done using a virtual debit card. Moreover, the deals and discounts are just as hard-to-believe. Keep reading to learn more about virtual debit cards and how the Kotak 811 debit card benefits customers.
What is a virtual debit card?
As stated earlier, to a lot of people: a debit card means an ATM card. These cards were once referred to as plastic currency as they were made of plastic. Now, banks are issuing digital debit cards that can make transactions just like conventional debit cards.
Virtual vs. physical debit cards
Most of us used to carry debit cards or plastic currency in our wallets. It was risky because physical cards could be lost or stolen. You don’t have to worry about such things if you have a virtual debit card. The features you get with your physical card are similar to those provided by a virtual card. Moreover, getting a virtual card is free because your bank is not sending you a physical card.
What are the benefits of the Kotak 811 debit card?
Now that you know that virtual cards are convenient and safe to use. Let’s come back to how Kotak 811 debit card benefits customers and why it is a top-rated product that consumers widely prefer for online shopping and dining.
Below are the benefits that make Kotak 811 debit card a popular choice:
- Free virtual debit card: Kotak 811 bank account holders can get free virtual debit cards. The risk-free virtual card is an excellent choice for online transactions. Those who want to withdraw money from ATMs can get a physical card at a nominal yearly price.
- Eligible to make global transactions: Kotak 811 endows consumers with huge benefits for shopping global brands. All you need is to complete your KYC and make international transactions.
- Exclusive deals on e-commerce transactions: You can unlock exclusive deals on your favourite shopping and dining brands with this amazing debit card.
- Convenient chip technology in physical cards: The chip technology in the physical debit cards is also a convenient and contactless method of shopping. Simply tap the debit card, pay, and you are good to go.
- Complementary insurance cover: Besides exciting money-saving deals, the debit card offers total peace of mind. With this debit card, users get complimentary insurance coverage for Card Protection Liability Cover and Purchase Protection Cover.
How to make the most out of your Kotak 811 debit card?
Kotak 811 debit card has exciting perks and deals on global and local transactions. If you want to attain these benefits, make sure to complete the KYC. Read the terms of usage carefully to learn more about the benefits. Follow these tips to leverage the exciting benefits of your debit cards:
- Understand the reward programs and track your spending to avail the benefits.
- Protect your card and set up alerts to avoid fraud. You may also opt for additional card purchase insurance schemes.
- Take advantage of seasonal offers; if a free upgrade is available, go for it to get additional perks and reward schemes.
How to apply for a Kotak 811 debit card?
You need to have a savings account in Kotak 811 Bank to get a free debit card. Thanks to online services, you can now easily apply for a debit card from the comfort of your home.
- Download the Kotak 811 mobile app
- Tap on the option of ‘virtual debit card’
- Select the ‘apply now option
You will get a virtual debit with this easy three-step process. Those needing a physical debit card can apply separately and pay an annual fee of Rs. 199.
This can also be done on the Kotak811 website.
Final words
Kotak 811 debit card is a free-to-use debit card. You may get a physical debit card at an additional cost, but a virtual debit card is equally convenient and risk-free. There is no risk of getting a virtual card stolen or lost. Complete the KYC and unlock the benefits listed in this post.
