{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/savings-account\/a-beginners-guide-to-using-debit-cards\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/savings-account\/a-beginners-guide-to-using-debit-cards\/","headline":"A Beginner’s Guide to Using Debit Cards","name":"A Beginner’s Guide to Using Debit Cards","description":"Debit cards are a great way of spending your money on purchases without the hassle of paying in cash and without taking on a debt as in the case of credit cards. Debit cards allow you to make transactions at online and offline stores and withdraw cash at ATMs. These cards are linked to your...","datePublished":"2022-07-29","dateModified":"2024-09-03","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/debit-card-4.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/debit-card-4.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/savings-account\/a-beginners-guide-to-using-debit-cards\/","about":["Savings Account"],"wordCount":911,"keywords":["debit card"],"articleBody":"Debit cards are a great way of spending your money on purchases without the hassle of paying in cash and without taking on a debt as in the case of credit cards. Debit cards allow you to make transactions at online and offline stores and withdraw cash at ATMs. These cards are linked to your account and only allow transactions only up to the amount of money that you have in your bank account.These cards come with a PIN  that you need to enter every time you need to authorize a transaction. It is very important to keep this PIN secure and to never share it with anyone, even your own bank.How do you use a Debit card?Using debit cards, you can either pay for goods that you purchase online or offline.For online payments, you will need to enter your card details manually when prompted to make a payment. These details will include:Sixteen digit card number (printed on the front of the card)The cardholder\u2019s nameThe card network provider (like VISA or MasterCard)The date of expiry (also printed on the front of the card)Once you have entered your card\u2019s details, you will also be required to furnish your card\u2019s CVV number. CVV (short for Card Verification Value) is usually a 3-digit number that is printed on the back of your card. It proves that you are in physical possession of your card and is an additional safety feature to prevent financial frauds.Finally once all these details are entered, you will be prompted to provide you pin number or an OTP that you receive in your mobile to process the transaction and that\u2019s it.In order to make this process faster the second time around, many online stores prompt you to save your card\u2019s details securely. Use your own discretion while saying yes to this feature.When purchasing goods offline one simply has to swipe their card at the merchant and enter their PIN number to authenticate a transaction.Now-a-days, most debit cards come with a tap and pay feature wherein the card only needs to be tapped on the swipe machine at a merchant and the transactions are processed without even having to provide the PIN. Currently, the upper limit for these transactions is set at Rs. 5,000. For Transactions above Rs 5000, you will need to validate the transaction with a One time Password.How to apply for a debit cardApplying for a debit card is really simple with today\u2019s advancements in banking. You can apply for one today completely online by visiting your bank\u2019s website or through the mobile app and raise a service request. The application process is simple and fast and you can get a new debit card in no time at all.What happens if your card is stolen or lostIn case your debit card is stolen, immediately contact your bank\u2019s customer care and get it blocked. This makes sure that your card is not misused and your funds remain safe. Most banks also have a financial fraud helpline number which you can dial in case you encounter a debit card transaction that is not authorized by you. You can also use the Banks Mobile app to Block your Card.Final wordsGone are the days when cash was king! Today, electronic money is all the buzz and debit cards enable you to make your electronic payments safely and easily. Click here to apply for a debit card today.Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.Share This:"}