IDBI Bank Add-On Credit Card

IDBI Bank offers families an option to manage their expenses more smartly through its Add-On credit cards. One of the best features of these cards is that they come with no annual fee, making them a cost-effective choice for everyone.

The primary purpose of IDBI Bank Add-On Credit Cards is to allow family members to share a credit limit while enjoying the benefits of independent spending. For example, a parent can secure an add-on card for their college-aged child, enabling them to make purchases for their needs without requiring constant approval. This not only helps the younger family member to manage their expenses but also simplifies household budgeting.

So, are IDBI Bank Add-On Credit Cards beneficial? Yes, they are! By providing shared credit access without added costs, they create a smart way for families to navigate their financial responsibilities together. The added security features and rewards programs make these cards an even more appealing option for responsible financial management within a family unit.

Features of IDBI Bank Add-On Credit Cards

• Shared Benefits: With the Add-On Credit Cards from IDBI Bank, primary cardholders can give family members access to a shared credit limit. This means that everyone can enjoy benefits like discounts, rewards, and other perks without needing a separate credit card.
• Freedom: The add-on cards are issued to family members, allowing them to make purchases independently. This can simplify family expenses when managing household budgets.
• Control Over Spending: As a primary cardholder, you can monitor the spending habits of the add-on cardholders, meaning you can set limits and make sure that expenses are under control while still meeting family needs.
• Reward Points: Many IDBI Bank credit cards come with a rewards program. As a primary cardholder, you can enjoy Reward Points for every transaction made using the add-on card, which can be redeemed for various products and services.
• Security Features: Just like the primary card, add-on cards come with the latest security features, including EMV chip technology and secure online transaction processes to help protect against fraud.

Fees and Charges of IDBI Bank Add-On Credit Cards

Categories	Fees
Annual Fee	Nil
Interest Rates	Depends on the Primary Credit Card
Forex Markup Fee	3.5%
Cash Advance Fees	2.5% of the transaction amount or ₹500

Eligibility Criteria of IDBI Bank Add-On Credit Cards

Before applying for the IDBI Bank Add-On Credit Card, it’s important to understand the eligibility criteria. Here’s what you typically need:

• Age Requirement: The primary cardholder must be at least 21 years old, while the add-on cardholders can be family members above the age of 18.
• Income Criteria: The primary cardholder needs to have a stable income source, which can be from a salary, business, or any other source.
• Credit Score: A good credit score is necessary for the primary cardholder. Credit scores generally range from 300 to 900, with scores above 750 considered excellent.
• Identity and Address Proof: IDBI Bank requires valid identity and address proof during the application process. This is mandatory for both the primary cardholder and anyone who will receive an add-on card.

Documents Required

When applying for an IDBI Bank Add-On Credit Card, certain documents need to be submitted. Here is a list of commonly required documents:

• Identity Proof: This can include documents like an Aadhaar card, passport, or voter ID.
• Address Proof: Documents such as utility bills, rental agreements, or bank statements can serve as address proof.
• Passport-Size Photographs: Usually, two recent passport-sized photographs are needed for processing the application.
• Income Proof: This may include salary slips, income tax returns, or bank statements reflecting regular income.
• Application Form: A duly filled application form is necessary, providing details like personal information, income details, and the requested add-on cardholders.

How to Apply for IDBI Bank Add-On Credit Cards?

Applying for an IDBI Bank Add-On Credit Card is straightforward, but it must be done in person at the bank branch. Follow these steps:

• Visit Your Nearest IDBI Bank Branch: Go to the IDBI Bank branch to initiate your application for the Add-On Credit Card.
• Inquire About Add-On Cards: Speak with a bank representative to get information about the desired IDBI Bank Add-On Card, including its features, benefits, and the eligibility criteria.
• Complete the Application Form: Obtain the application form for the Add-On Credit Card from the bank representative. Fill it out with all necessary details.
• Gather Required Documents: Prepare the necessary documents to support your application. This typically includes identity proof, address proof, passport-size photographs, relationship proof, and income proof.
• Submit Your Application: Once you have completed the application form and gathered all documents, submit your application to the bank representative at the branch.
• Await Processing: After submission, the bank will process your application. You will be notified about the approval status or if any further requirements are needed.
• Receive Your Card: If approved, the Add-On Credit Card will be issued to you, and it’s essential to activate it before use.

IDBI Bank Add-On Card PIN Generation

Once you receive your IDBI Bank Add-On Credit Card, generating a PIN is necessary for secure transactions. Here’s how to do it:

Through ATM

• Visit any IDBI Bank ATM.
• Insert your add-on credit card.
• Select the option for PIN generation.
• Follow the prompts to set a new PIN.

IDBI Bank GO Mobile+ App

1. Login to the IDBI Bank GO Mobile+ app.
2. Navigate to the credit card section.
3. Select ‘Generate PIN’ for your add-on card.
4. Follow the on-screen instructions to set your PIN.

Through Customer Care

Call IDBI Bank customer service for assistance with PIN generation, if you prefer personal help.

IDBI Bank Credit Cards Offering Add-On Card Facility

Credit Card	Fee Structure	Main Features
IDBI Bank Imperium Platinum Credit Card	Interest Rate: 2.9% Forex Markup Fee: 3.5% Cash Advance Fee: 2.5% of the transaction fee or ₹500	2 Delight Points for every ₹150 spent on eligible transactions 500 Delight Points as a welcome bonus
IDBI Euphoria World Credit Card	Interest Rate: 2.9% Forex Markup Fee: 3.5% Cash Advance Fee: 2.5% of the transaction fee or ₹500	6 Delight Points for every ₹100 spent on airlines, hotel bookings, etc 3 Delight Points for every ₹100 spent on eligible transactions 4,000 Delight Points as a welcome benefit
IDBI Winnings RuPay Select Credit Card	Interest Rate: 3.4% Forex Markup Fee: 3.5% Cash Advance Fee: 2.5% of the transaction fee or ₹500	500 Delight Points on making 5 transactions worth ₹1,000 per month 2 Delight Points on every ₹100 spent 10% cashback on all transactions

Bottom Line

IDBI Bank Add-On Credit Cards offer perks for families looking to manage their expenses effectively. With no annual fee, they provide an economical way to share a credit limit among family members while enjoying independent spending. The ability to monitor spending habits allows primary cardholders to maintain control, being certain that financial responsibilities are managed responsibly. The rewards program also upgrades the value of every transaction made with the add-on card, making it even more appealing.

IDBI Bank Add-On Credit Cards are worth considering if you’re looking for a solution to simplify household budgeting. They combine security and freedom, making them a smart choice for families who are aiming to navigate their finances together.