Debit Cards

Blocking a debit card may not stop recurring subscription payments if the e-mandate remains active or is mapped to a replacement card. Here is how card mandates and UPI AutoPay work, and what customers should do to prevent unwanted debits.

UPI MDR will apply to eligible P2M transactions above ₹2,000 from 15 October 2026. But how does its 0.4% charge compare with typical debit and credit card MDRs? Here’s a look at the transaction costs and how the charges differ across payment modes.

Customers are advised to plan their branch visits accordingly or utilise digital banking services for immediate transactions.

A Kerala consumer court ordered Federal Bank to pay ₹1.25 lakh after blocking a customer's international debit card without prior notice. The ruling reinforces that banks must communicate card blocks promptly, especially when customers are travelling abroad.

Planning an international trip involves excitement and careful financial management. Key factors for selecting a travel debit card include low foreign currency markup fees, high withdrawal limits, and additional benefits like travel insurance and lounge access for a smooth travel experience.

Credit cards allow borrowing against a limit with possible fees, while debit cards withdraw directly from bank accounts without interest. Choosing between them depends on personal financial habits and goals, emphasising careful spending and management.