Platinum Business Debit Card

Your Debit Card is an EMV Chip Card (Europay, Mastercard and Visa, a global standard for inter-operation of integrated circuit cards) offering greater security when you transact. The microchip on the face of this card stores customer data in a secured manner, making it extremely difficult to copy. This advanced technology is more effective in preventing your card from being copied to produce counterfeit cards.

For better acceptability across merchants, the EMV Debit Cards will also contain a magnetic strip on the reverse of the card to ensure swipe transactions. However, we recommend that you use your EMV Chip Card only at merchant terminals with chip capability to avoid skimming frauds.

Free Acceptance at ATMs in India

Your Deutsche Bank Platinum Business Debit Card gives you acceptance* at 58,000 Visa ATMs, over 15,000 Cashnet ATMs & 1,00,000 NFS ATMs in India. You are eligible for maximum Five## free transactions in a month at  Non Deutsche Bank VISA ATM in the country.

Personal accident cover

You will be entitled to complimentary air accident insurance cover of Rs. 20 lakhs in the event of an unfortunate air accident leading to death.

In case the insured has multiple cards, the personal accident claim would be payable on one card only, with maximum benefit (highest sum insured). Customer must have bought the air ticket using Platinum Business Debit Card to avail this cover.

Policy exclusions:

Death, injury or disablement due to Intentional self injury, Suicide, Intoxicating liquor or drugs, While engaging in aviation or ballooning, Venereal disease or insanity, resulting from Insured committing a breach of law with criminal intent and War and nuclear perils.

Lost card insurance

In the event that you lose your Platinum Business Debit Card, Deutsche Bank will cover you up to Rs. 5 lakhs per card. The lost card insurance will cover any losses occurring 30 days prior to reporting and 7 days after reporting loss of card.

You need to report the loss of your Deutsche Bank International Debit Card to Deutsche Bank by calling our 24/7 phone banking team on 1860 266 6660# in your city or visit your nearest branch counter immediately on such loss. Deutsche Bank will deactivate the card immediately to prevent misuse.

In case of misuse, you also need to send the following documents to us:

• First Information Report (FIR) duly acknowledged by a police officer
  
• Letter giving details of the loss or disputed transactions
• Copy of Bank account statement highlighting the disputed transactions
• Duly filled in claim dispute form (available at any Deutsche Bank branches)

The liability per card shall be restricted to the maximum of Rs. 5 lakhs and you will be covered for all losses up to a maximum of 30 days prior to reporting the loss. On receipt of communication from you regarding your lost or stolen debit card along with the requisite documents, Deutsche Bank is authorised to conduct its own investigation in respect of such lost or stolen card. If such investigation reveals any direct or indirect involvement of the cardholder or cardholder's relatives or employees or colluding third parties, Deutsche Bank is authorised to take appropriate action against the cardholder in addition to refusing to give benefit of total protection to the cardholder. The findings of the Bank’s investigation shall be final and binding on the cardholder. Total Protection is subject to the terms and conditions of the applicable insurance policy.

The cardholder will get the benefit of this policy only if:

• The card account is in good standing
• There are not more than 2 unauthorised transactions on the debit Card of the cardholder during the last 12 months, prior to reporting the loss of the debit Card.
• The cardholder proves that he was not negligent in safeguarding the Debit Card and the claim is not fraudulent.

Purchase protection

All goods purchased using your Platinum Business Debit Card will be insured up to Rs. 1 lakh and upto 90 days from the date of purchase. The insurance cover is valid for purchases made using Deutsche Bank Platinum Business Debit Card only.

Please note:  
Cover against Standard Fire, allied perils and burglary in residential premises only.

Deutsche Bank gives you the flexibility to decide the daily limit you want for transactions at ATMs and merchant establishments using your debit card. You have a choice of different daily limits in multiples of Rs 1,000  (maximum upto Rs. 1,50,000) from which you can select your preferred option at the time of opening your account.

As per *RBI mandate of Enhancing Security of Card Transactions, all new debit cards will be active only for Domestic ATM & Physical POS transactions. You can activate/set limits for the ecommerce, contactless and International** transactions by logging into Deutsche Bank Online Banking or MyBank India app or by visiting the nearest branch or by contacting your Relationship Manager.

* RBI/2019-20/142 DPSS.CO.PD No.1343/02.14.003/2019-20 Enhancing Security of Card Transactions.

** International usage is not permitted on debit cards linked to entity accounts, NRO accounts and resident Individual accounts without PAN.

Deutsche Bank Debit Card can be used only on Verified by Visa (VbV) websites for online purchases. VbV is protocol by Visa that lets you shop online securely with your Deutsche Bank Debit Card. VbV confirms your identity through a simple check process when you make online purchases with the Deutsche Bank Debit Card.

All your online Deutsche Bank Debit Card transactions will be verified using One-time password (OTP) which will be sent to your mobile number registered with the bank. Your OTP will be valid for 5 minutes.

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