| Q. |
How
does aXcessPlus work? |
| Q. |
What
is a debit card? |
| Q. |
Which
ATMs can aXcessPlus customers use for free? |
| Q. |
What
is the advantage of a debit card? |
| Q. |
What
is the difference between a debit card and a credit card?
|
| Q. |
What
are the fees for holding a Standard Chartered Debit Card? |
| Q. |
Is
there any transaction charge that will be levied each time I
use my Debit Card? |
| Q. |
Which
outlets will accept the Standard Chartered Debit Card? |
| Q. |
What
will be the mode of payment in case of a Debit Card? |
| Q. |
What
is the procedure to be followed in case of loss of the Debit
Card? |
| Q. |
What
are the charges I have to pay for replacement of the lost card?
|
| Q. |
What
is the amount up to which I can make payments with the help
of a Debit Card? |
| Q. |
What
will be the time required by the bank for the processing of
a Debit Card? |
| Q. |
Will
I be able to use my Debit Card at petrol pumps and for railway
ticket bookings? |
| Q. |
What
will be the validity period of my Debit Card? |
| Q. |
Who
can be a Debit Cardholder? |
| |
|
| Q. |
How does aXcessPlus
work? |
| |
The Standard Chartered aXcessPlus
Account comes with a globally valid debit - cum - ATM card which
allows customers to aXcess all Standard Chartered Bank ATMs
and provides instant cash at all Visa Network ATMs in India
and abroad. |
| > |
aXcessPlus customers get FREE*
aXcess to cash withdrawals at over 6500 Visa ATMs in India up
to four free transactions per month. |
| > |
This is over and above unlimited
free aXcess to all Standard Chartered Bank ATMs. |
| > |
The Debit Card can be used
to make purchases at over 55,000 merchant outlets in India.
|
| |
TOP |
| Q. |
What is a debit card?
|
| |
The globally valid Standard
Chartered Debit Card is the easiest way of aXcessing your branch
account. A debit card allows you to purchase goods at Visa Electron
merchant establishments and withdraw cash from any Visa Electron
ATM in India and abroad using funds from your bank account.
|
| |
A debit card is a 'buy now
- pay now' option, the payment to a merchant gets debited to
the customer's account the same day as the purchase is made. |
| |
TOP |
| Q. |
Which ATMs can aXcessPlus
customers use for free? |
| |
aXcessPlus customers can
withdraw cash at Visa Network ATMs in India. These include
all ATMs of:
ICICI Bank
HDFC Bank
HSBC
Citibank
IDBI Bank
UTI bank
Centurion bank
GTB Bank
Bank of Punjab
Corporation bank
IndusInd Bank
Kotak Mahindra Bank
Canara Bank
Dena Bank
Andhra Bank
State Bank of India
Development Credit Bank
Bank of India
Bank of Baroda
Syndicate Bank
This is over and above all SCB ATMs. |
| |
TOP |
| Q. |
What is the advantage
of a debit card? |
| > |
The debit card offers tremendous
convenience in payments and helps reduce the amount of cash
you need to carry. |
| > |
Besides you always stay in
control your finances as you can only spend what you have since
you aXcess your own funds to make purchases and to withdraw
cash. |
| |
| |
TOP |
| Q. |
What is the difference
between a debit card and a credit card? |
| |
The basic difference between
a debit card and a credit card is that the debit card gives
you access to your own money whereas the credit card is a form
of loan and it accesses a line of credit offered by your bank.
Put in simple terms, a debit card is a Buy Now Pay Now option
while a credit card is a Buy Now Pay Later option. |
| |
Therefore in a debit card there
is no monthly repayment and there is also no interest charged. |
| |
TOP |
| Q. |
What are the fees for
holding a Standard Chartered Debit Card? |
| |
The joining fee is Rs. 200
and there is a nominal fee of Rs. 200/- from the 2nd year onwards.
|
| |
TOP |
| Q. |
Is there any transaction
charge that will be levied each time I use my Debit Card? |
| |
You have free aXcess to all
Standard Chartered Bank and are entitled to free cash withdrawals
at Visa ATMs (up to four free cash withdrawals per account per
month).
There are no transaction charges for the purchases made at the
Merchant establishments except at railway stations and petrol
pumps (as per industry practice). |
| |
TOP |
| Q. |
Which outlets will
accept the Standard Chartered Debit Card? |
| > |
The Standard Chartered Debit
Card is welcome at all merchant establishments and ATMs that
accept Visa Electron in India and Abroad. |
| > |
The card can be used at 55,000
establishments in India and at over 12 million outlets worldwide
displaying the Visa Electron sign. |
| > |
It can also be used across
6500 ATMs in India and at over 810,000 ATMs worldwide. |
| |
TOP |
| Q. |
What will be the mode
of payment in case of a Debit Card? |
| |
There will be no monthly
outstanding in case of a Debit Card. Your account will be
instantly debited to the extent of purchases made and amount
withdrawn from the ATMs on the debit card.
|
| |
| |
TOP |
| Q. |
What is the procedure
to be followed in case of loss of the Debit Card? |
| |
It is important that you report
the card loss immediately by calling the Phone Banking staff within 24 hours. You are also advised to send
a letter to the bank at the address / fax no. advised to you
by the Phone Banking executives. |
| |
TOP |
| Q. |
What are the charges
I have to pay for replacement of the lost card? |
| |
There are no charges in
case of damage or theft of the card. In case the loss of card
is due to any other reasons there will be a nominal charge
of Rs. 200.
|
| |
TOP |
| Q. |
What is the amount
up to which I can make payments with the help of a Debit Card? |
| |
There is no limit to which
you can make payments with your Debit Card. It depends entirely
on the balance that you have in your account. For safety reasons
we have placed a daily transaction limit of Rs. 25,000 at
the ATMs and Rs. 25,000 at the point of sale. |
| |
TOP |
| Q. |
What will be the
time required by the bank for the processing of a Debit Card? |
| |
Your Debit Card will reach
you within 3-weeks of the receipt of your application form. |
| |
TOP |
| Q. |
Will I be able to use
my Debit Card at petrol pumps and for railway ticket bookings? |
| |
Yes. You would need to pay
a surcharge of 2.5% of the purchase as per industry practice. |
| |
TOP |
| Q. |
What will be the
validity period of my Debit Card? |
| |
Your Debit Card will be valid
for 4 years from the date of issue. |
| |
TOP |
| Q. |
Who can be a Debit
Cardholder? |
| |
Any adult having a banking
relationship with Standard Chartered Bank can become a Debit
Cardholder. |
| |
* Free cash withdrawals
include up to four free cash withdrawal transactions per account
per month at other banks' ATMs in India through the Visa ATM
network. Unlimited free transactions at all Standard Chartered
ATMs. |
 |
