![]() ![]() For this, banks normally provide both offline and online procedures. You can also get a virtual card by applying separately, in case you do not receive it at the time of opening a bank account. Step 3: Sign Up to use the Card – The virtual card, thus received, can be accessed to make online transactions via the bank mobile app after signing up for the net banking services. After your account opening application is approved, the bank provides you with a virtual debit card along with the welcome kit. Step 2: Application approval – Submit the application form with the required documents and identity proofs. Step 1: Apply for bank account – Generally, you do not have to apply for a virtual card separately, but rather have to open a bank account which comes with a virtual card. Virtual Debit Cards are usually issued by many of the card providers when you open an instant bank account with them. Unlike some physical debit cards which you can block by contacting the bank via the customer care service, virtual credit cards or debit cards can be easily blocked or unblocked online by simply logging in to the respective bank’s mobile app or internet banking account and clicking on the card block option. Instant Card Blocking: If your virtual card shows any signs of misuse, you can instantly lock your card anytime and anywhere to prevent any unauthorised transaction.Suggested Read: Best Lifetime Free Credit Cards in India In this case, if you want the physical card variant, then you have to apply for it later and pay the physical card’s fee separately. Some of these virtual cards are offered on opening certain bank accounts, like Kotak 811 account holders are given an accompanying free virtual Kotak debit card at the time of account opening. Low Annual Fee: Virtual debit cards are offered with zero or nominal annual card fees.However, generally the virtual cards don’t have the facility to make offline transactions at the POS, unlike other physical debit or credit cards. Cashless Transactions: Virtual debit cards allow the cardholders to make digital cashless payments on any of the online platforms for shopping, like Amazon, Flipkart, Myntra and many more, or make online bill payments as well.Increase your purchasing power and get easy access to immediate funds, get yourself a credit card now!Ĭlick here to check pre-approved card offers! You can change and set the card limits whenever you want online using the respective mobile app. Flexible Card Limits: Virtual credit cards and debit cards allow the users to customise the transaction or spending limits as per their preference and needs.You do not have to remember to carry your card separately and instead can just take your mobile phone and access the virtual card digitally anytime you want. Convenient to Carry: There is no need to carry a physical card everywhere if you have a virtual credit or debit card.Suggested Read: Best Credit Cards for Online Shopping Moreover, you can also earn reward points on your purchases made via certain cards. Offers and Deals: You can avail a wide range of online offers and deals on food, dining, shopping and other lifestyle categories offered by various e-commerce platforms by using virtual debit cards.It is also convenient to use these cards for online payments at any time and place. Usually, you do not require to follow any separate setting up or registration process and get virtual cards that are instantly activated. Easy to Use: It is very easy to activate and use the virtual debit cards.These cards are also more secure as they are password protected by the bank mobile app or other digital platforms. Even if the virtual card details are leaked or hacked, you can simply block your card immediately. While physical cards are at risk of being stolen, lost or even counterfeited, virtual debit cards are safer to use as they can not be lost. ![]() Safe and Secure: The virtual debit and credit cards come with relatively higher safety and security.Virtual Debit Cards come with several features that make banking and their usage convenient and trouble-free. ![]()
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