The main differences between gold cards are to provide their holders with a number of different privileges. The specific list depends on the issuing bank and the payment system. Most often, holders of a gold card receive:
- Large cash withdrawal limits (daily, weekly, monthly, etc.)
- Participation in insurance programs
- Discounts when receiving services of certain retail chains or other commercial organizations
- Additional service for booking tickets, hotel rooms, tables in restaurants, etc.
Obviously, the total amount of bonuses with the onevanilla check balance can be a very large amount. However, the tariff for servicing a gold debit card also often reaches several thousand rubles a year.
Platinum debit cards
This type of payment instrument belongs to the premium segment. The cost of annual maintenance of such a card is often several tens of thousands of rubles. At the same time, its owner receives:
- Increased limit on cash withdrawals, significantly exceeding the size set for a gold card
- Participation in insurance and discount programs providing a high level of service and serious discounts
- Personal manager and a dedicated telephone line working around the clock.
The list of privileges granted to the owner of the platinum card is limited only by the imagination of the creative employees of the issuing bank. Often customers are offered the most exotic and original features, which is not surprising given the cost of annual maintenance and the bank’s interest in such cooperation.
Co-branded debit cards
The popularity of cash back, which has become particularly noticeable in recent years, has led to the emergence of special co-branded debit cards. They are a combination of the functions of ordinary bank and discount cards. The main advantages provided by such cooperation between the bank and its partner, which are most often played by mobile operators, airlines and large retail chains, were noted above. The specific benefit of each participant depends on the conditions provided by the card, and can vary greatly.
Benefits of Debit Cards
Virtually ubiquitous distribution of debit cards would not have been possible without the large number of benefits that they provide to holders. They relate to all areas of the client and begin directly with the design. A passport is enough for making a debit card. Obtaining a credit variety of a payment instrument is accompanied by the need to provide a variety of documents, including those confirming the solvency of the client. Naturally, the advantages of debit plastic are not limited to this.
Modern security systems make it possible to ensure the safety of funds on the card. No less attention is paid to providing reliable protection when a client performs any financial transactions, including payments using online systems. Micro-chip card equipment, development and implementation of new computer security systems guarantee a high level of security. An important element of this system is the ability to quickly lock the card when it is lost or stolen.
A significant part of issuing banks issuing debit cards includes accrual of interest on account balances in the package of services. Another way to benefit from the banking product in question is a cash back operation, which is also provided by a fairly large number of plastics. The combination of these two features makes the use of a debit bank card extremely profitable and attractive for the client, since the importance of the financial factor in modern conditions is almost impossible to overestimate.