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Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
Debit and credit card
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Debit and credit card

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  • http://www.hdfcbank.com/personal/credit_card/credit-card/jetprivilege-hdfc-bank-platinum/h54vq86ghttps://www.sbicard.com/cards_for_you/air_india_sbi_platinum_card_0_101106.html
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    • 1. Debit and Credit Card Presented byAshwini Pathak -64 Sibymol Varghese 97 Krishna Yagnik -120
    • 2. Introduction  Debit card n credit card introduced -1970’s  Corporation Bank-Debit card  Andhra Bank -Credit Card
    • 3. Debit card  Plastic card - provides a alternative payment     method to cash when making purchases Electronic check - the funds are withdrawn directly from the account BANK CARD or CHECK CARD Instant withdrawal of cash, acting as the ATM No annual fee
    • 4. Types of Debit Cards     Pin only debit cards Dual-use cards Prepaid debit card Online /offline debit cards and others
    • 5. Credit Card  Card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services  User can borrow money for payment to a merchant and then pay it later with an amount of interest charged  Issued to an account holder who has a regular income not less than 15k
    • 6. Types of credit cards  Standard Credit Card  Premium Credit Card  Limited Purpose Credit Card  Specialty Credit Card
    • 7. Transaction and parties involved  Merchant  Acquirer  Issuer  Cardholder PROCESS:
    • 8. Recent trends  Debit cards are more popular with consumers than credit cards  Rise in credit & debit cards spending: -Debit card spends have risen six times(Rs 74,400 cr) -Credit card spends have more than doubled(Rs 1.23lakh cr)  Punching PIN must for debit card transactions (from 1/12/13)
    • 9. SBI HDFC Bank SBI Platinum Card Joining Fee (One time)- Rs. 2,999 Fuel Freedom: 2.5% fuel surcharge waiver for each transaction between Rs.500 & Rs.4000 Platinum plus Credit Card Annual Fee/Renewal - Rs. 299 0% Surcharge on petrol transactions between Rs. 400- Rs. 5000 only SBI Signature Corporate Card Joining Fee (One time)Nil Annual Fee (p.a.)- Upto Rs. 499 Railway Tickets - Railway CountersRs. 30 + 2.5% of transaction amount Online Railway booking- 1.8% of transaction amount + service charge, as applicable Corporate Visa Signature Credit Card Joining Fee (One time)Nil Annual Fee- Nil Railway Ticket Purchase- Rs. 30 + 2.5% of transaction amount SBI Platinum Corporate Card  Joining Fee/ Annual fee- Nil Cash Advance fees: SBI ATMs/Other Domestic ATMsupto 2.5% of withdrawal amount or Rs.300/International ATMs- upto 3% of withdrawal amount or Rs. 300/- Corporate Platinum Credit Card Joining Fee/Annual fee- Nil Cash Advance fees: upto 2.5% of withdrawal amount or Rs.300/(whichever higher)
    • 10. SBI Air India SBI Platinum Card Annual Fee- Upto Rs. 1499/- HDFC Bank Jet Privilege HDFC Bank Platinum Credit Card Annual Fee/Renewal Fee- Rs, 999/-
    • 11. Features  Access Across the World  E-statements  SMS Alerts  Easy Bill Pay Facility  Interest Free Period: upto 50days
    • 12. Penalty for Late Payment (SBI)  NIL for Total Amount due from Rs.0-Rs.200  Rs.100 for Total Amount due greater than Rs.200     & up to Rs.500 Rs.200 for Total Amount due greater than Rs.500 & up to Rs.1000 Rs.350 for Total Amount due greater than Rs.1000 & up to Rs.5000 Rs.550 for Total Amount due greater than Rs.5000 & up to Rs.10,000 Rs.750 for Total Amount due greater than Rs.10,000
    • 13. Penalty for Late Payment (HDFC)  Bills up to Rs.100 Nil  Bills between Rs. 100 and Rs. 500 Rs.-100  Bills between Rs. 501 and Rs. 5,000 - Rs. 400  Bills between Rs. 5,001 and Rs. 20,000 - Rs. 500  Bills above Rs. 20,000 - Rs.700
    • 14. Comparison  final xcel of wm.xlsx
    • 15. Problems faced by Debit & Credit Card holder Problems Unauthorized Purchases Privacy Breaches Identity Theft Mass Hacking Solution -Reviewing statements each month -Setting up fraud alerts with the major credit reporting agencies (TransUnion, Equifax and Experian ) -Avoid using wi-fi networks in public -Change your password on regular basis - Avoid sharing Social Security on fraudalent sites -(credit card processing company hacked in 2012) -Contacting credit card issuer regularly
    • 16. THANKYOU!!!

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