MoneyWorks4Me

Axis Bank unveils new debit card which offers more security

25 Jun 2015 Evaluate

Axis Bank has unveiled a new debit card ‘Secure+’ which will protect the customer from frauds. The card comes with improved security features, aimed at attracting more customers towards cashless transactions, which would also help bringing down the bank’s operational cost.

The card offers three key features, which come at a cost of Rs 300 a year.  It also offers fraud protection subject to a maximum limit of Rs 75,000. The card also offers an enhanced personal accident insurance limit of Rs 5 lakh.

Customers can now block all the cards in her/his wallet with a single phone call. Customers can either intimate Axis Bank about other card details in advance or can do the same after wallet is lost.


Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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