SbiINTOUCH Tap & Go Debit Card

Review Summary

SbiINTOUCH Tap & Go Debit Card is a contactless debit card which allows you to make faster payments. It is an international debit card that is available in both MasterCard and VISA variants. It offers 24×7 customer service and you can earn 1 Freedom Rewardz point for every Rs. 200 spent.

Joining fee: Nil
Annual fee: Rs. 150

In this Review

Features and details
Benefits of SbiINTOUCH Tap & Go Debit Card
Cash Withdrawal and Transaction Limits
Fees and Charges
Drawbacks of the card
Reasons to sign up for the card
Similar cards: In case SbiINTOUCH Tap & Go Debit Card fails to impress you!
Final Word

SbiINTOUCH Tap & Go Debit Card: Features and details

Issuance feeNil
Annual feeRs. 150
Daily cash withdrawal limitRs. 40,000
Daily purchase limitRs. 75,000
Card replacement feeRs. 200 + GST

Benefits of SbiINTOUCH Tap & Go Debit Card

Contactless Technology

SbiINTOUCH Tap & Go Debit Card is a contactless debit card. You can make electronic payments by just waving this debit card near the Point of sale terminal without any need for dipping or swiping the debit card on PoS. This debit card is secured with EMV contactless standard. It requires significantly less time for transactions to be processed and hence, it is convenient to use.

However, you can only pay for purchases upto Rs. 2000 without entering your PIN. Above purchases worth Rs. 2,000, you’ll be needing to enter you ATM PIN

State Bank of India Loyalty Programme

With SbiINTOUCH Tap & Go Debit Card, you can earn 1 FreedomRewardz point for every Rs. 200 spent. Hence, you can earn while dining, shopping, filling fuel or just by purchasing online. Further, you can also earn bonus reward points on the first three purchase transactions using your SbiINTOUCH Tap & Go Debit Card as under:

  1. You earn fifty bonus FreedomRewardz points on your first purchase transaction within completion of one calendar month of card issuance.
  2. You earn fifty additional bonus FreedomRewardz points on your second purchase transaction within completion of one calendar month of card issuance.
  3.  You earn hundred bonus FreedomRewardz points on your third purchase transaction within completion of one calendar month of card issuance.

Further, if you continue using your SbiINTOUCH Tap & Go Debit Card for at least three purchase transactions in a quarter, the points earned will be doubled. TheseFreedomRewardz Points earned can be redeemed for exciting gifts and vouchers.

No joining fee

With SbiINTOUCH Tap & Go Debit Card, you don’t have to pay the joining fee. You only have to pay annual fee of Rs. 150 for this debit card.

24×7 Customer Care

In case of any query, you can contact State Bank of India by mailing them or calling at their toll-free no. 1800 11 2211 (BSNL/MTNL), 1800 425 3800 or Toll no. 080-26599990.

Cash Withdrawal & Transaction Limits

You can withdraw cash upto Rs. 40,000. However, minimum amount than can be withdrawn is Rs. 100. Also, limit for daily point of sales and online transaction is Rs. 75,000. There is no minimum limit for purchase transaction.

Fees and Charges

Annual fee

With SbiINTOUCH Tap & Go Debit Card, you have to pay Rs. 150 as the annual fee.

Transaction charges

Domestic transaction charges
  1. Transaction charges at SBI ATM’s: Nil
  2. Transactions charges at other bank ATM’s: If you are a savings account holder; then you won’t be charged till 5th transaction. After that; you’ll be charged Rs. 17 per financial transaction and Rs. 6 per non-financial transaction. If you are a current account holder, then you have to pay these charges from the first transaction itself.
International Transaction charges
  1. Balance enquiry fee: Rs. 17
  2. Cash withdrawal charges: Rs. 169

Fuel surcharges

  1. On SBI’s POS terminals: You’ll be charged 0.75% of transaction value for transactions up to Rs. 2,000 or Rs. 10 (whichever is higher). For transactions worth Rs. 2,000; you have to pay a surcharge of 1% of transaction value.
  2. On other bank’s POS terminals: You’ll be charged 2.5% of transaction value or Rs. 10 (whichever is higher).

Drawbacks of the card

No fuel surcharge limit

SbiINTOUCH Tap & Go Debit Card does not offer fuel surcharge waiver. So if you this benefit you can go for ICICI Bank Coral Paywave Debit card.

No entertainment and dining benefits

SbiINTOUCH Tap & Go Debit Card does not offer entertainment and dining benefits. So if you are a foodie or a movie buff, then you should go for some other debit card.

No travel benefits

You won’t get any travel benefit with SbiINTOUCH Tap & Go Debit Card. This debit card does not offer discounts on booking of travel tickets and access to airport lounges. You can look for some other debit cards if you want such benefits.

Reasons to sign up for the card

  1. Contactless debit card
  2. Rewards programme
  3. 24×7 helpline

Similar cards: In case SbiINTOUCH Tap & Go Debit Card fails to impress you!

SbiINTOUCH Tap & Go Debit Card is a contactless debit card. It enables faster day to day payments and offers 24X7 helpline. You also earn loyalty rewards with this debit card. However, it does not offer any other benefits. It does not offer dining, travel and entertainment benefits.

Following debit cards are also contactless debit cards offering better benefits. You can go for these debit cards or any other card.

Final Word

SbiINTOUCH Tap & Go Debit Card is a contactless debit card that can be used internationally as well. You can earn upto 1 FreedomRewardz for every Rs. 200 spent on purchases. It offers 24×7 customer service as well. However, you won’t get entertainment, dining or travel benefits with this debit card. So if you want such benefits, you can go for any other debit card. You can go for SbiINTOUCH Tap & Go Debit Card if you want a contactless card and don’t want to spend much on the same.