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Debit and Credit Card
Presented byAshwini Pathak -64
Sibymol Varghese 97

Krishna Yagnik -120
Introduction
 Debit card n credit card introduced -1970’s
 Corporation Bank-Debit card
 Andhra Bank -Credit Card
Debit card
 Plastic card - provides a alternative payment





method to cash when making purchases
Electronic check ...
Types of Debit Cards





Pin only debit cards
Dual-use cards
Prepaid debit card
Online /offline debit cards and other...
Credit Card
 Card entitling its holder to buy goods and services

based on the holder's promise to pay for these
goods an...
Types of credit cards
 Standard Credit Card
 Premium Credit Card
 Limited Purpose Credit Card
 Specialty Credit Card
Transaction and parties involved
 Merchant
 Acquirer
 Issuer
 Cardholder
PROCESS:
Recent trends
 Debit cards are more popular with consumers

than credit cards
 Rise in credit & debit cards spending:
-D...
SBI

HDFC Bank

SBI Platinum Card
Joining Fee (One time)- Rs. 2,999
Fuel Freedom: 2.5% fuel surcharge
waiver for each tr...
SBI
Air India SBI Platinum Card
Annual Fee- Upto Rs. 1499/-

HDFC Bank
Jet Privilege HDFC Bank Platinum
Credit Card
Annual...
Features
 Access Across the World
 E-statements
 SMS Alerts
 Easy Bill Pay Facility
 Interest Free Period: upto 50day...
Penalty for Late Payment (SBI)
 NIL for Total Amount due from Rs.0-Rs.200

 Rs.100 for Total Amount due greater than Rs....
Penalty for Late Payment
(HDFC)
 Bills up to Rs.100 Nil
 Bills between Rs. 100 and Rs. 500 Rs.-100
 Bills between Rs. 5...
Comparison
 final xcel of wm.xlsx
Problems faced by Debit & Credit
Card holder
Problems

Unauthorized Purchases

Privacy Breaches

Identity Theft

Mass Hack...
THANKYOU!!!
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Debit and credit card

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  • Nice explanation on credit cards for more information related to credit cards you can visit mymoneykarma.com. Before you apply for any of the fintech product recommend to have a free credit score check. Refer https://www.mymoneykarma.com/credit-score.html
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Debit and credit card

  1. 1. Debit and Credit Card Presented byAshwini Pathak -64 Sibymol Varghese 97 Krishna Yagnik -120
  2. 2. Introduction  Debit card n credit card introduced -1970’s  Corporation Bank-Debit card  Andhra Bank -Credit Card
  3. 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. 4. Types of Debit Cards     Pin only debit cards Dual-use cards Prepaid debit card Online /offline debit cards and others
  5. 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. 6. Types of credit cards  Standard Credit Card  Premium Credit Card  Limited Purpose Credit Card  Specialty Credit Card
  7. 7. Transaction and parties involved  Merchant  Acquirer  Issuer  Cardholder PROCESS:
  8. 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. 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. 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. 11. Features  Access Across the World  E-statements  SMS Alerts  Easy Bill Pay Facility  Interest Free Period: upto 50days
  12. 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. 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. 14. Comparison  final xcel of wm.xlsx
  15. 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. 16. THANKYOU!!!

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