Get India's first debit cum credit card with EMV chips from IndusInd Bank; here is how this 'duo' card helps you
Now, in some major good news, private lender IndusInd Bank has launched a debit cum credit card, which would be India's first duo card with 2 EMV chips.
There are different cards available for various forms of transactions. Some are tailored down to the finest point even. Currently, we mostly use debit cards when it comes to removing money from ATMs and doing internet transactions. Then there is the credit card, which is the fastest means of borrowing when you need financial aid. Credit cards are highly used in India for making any kind of purchases like car, smartphones, home appliances and electronics, etc. when there is shortage of funds in hand. They have been kept separate as keeping both cards opens card-holders to threats like loss, misplacement and more. Now, in a major good news private lender IndusInd Bank has launched a debit cum credit card which would be India's first duo card with 2 EMV chips.
This two-in-one Duo Card with two Magnetic Stripes & 2 EMV Chips brings the functionalities of both debit and credit cards to the Indian consumer, on just one piece of plastic.
Sumant Kathpalia, Head – Consumer Banking, IndusInd Bank said, “The goal is always to simplify banking and enhance convenience for our customers. Innovations such as the Duo Card go a long way in simplifying customers’ lives. We have our ears to the ground and understand that our young and aspirational customers want something unique that makes them stand apart.
With a range of benefits that straddle both types of cards, it is a powerhouse of convenience and flexibility for the customer. With just one card to carry for all their financial needs, the customer can travel light with just one card plastic."
The card design uses the anagram technique to enhance and highlight the singularity of the Duo Card.
The IndusInd Bank Duo Card is loaded with features for the young upwardly-mobile customer, and includes offers across entertainment, travel & lifestyle.
It simplifies the customer’s life by providing a single statement of account and amplifies the power of the Rewards program by enabling consolidation of Rewards points.