HDFC Bank has introduced the GIGA Debit Card, tailored specifically for freelancers and small business owners. Here’s a breakdown of what makes this card stand out.
GIGA Debit Card Overview:
- Purpose: Designed for self-employed professionals and freelancers.
- Benefits: Cashback on transactions, insurance coverage, and discounts on select purchases.
Key Features:
- 5% Cashback: Earn on transactions made through PayZapp and SmartBuy.
- 2.5% Cashback: For every ₹250 spent on SaaS, education, air tickets, and restaurants.
- 1% Cashback: On other spends, excluding insurance, services, and government transactions.
- Complimentary Lounge Access: 4 domestic airport lounge visits per year.
- Monthly Gig Cashback: ₹500 cashback on gig-related expenses.
- Insurance Coverage:
- ₹10 lakh personal accident cover.
- ₹1 crore air accident cover.
- ₹5 lakh zero liability cover.
- Discounts: On products and services from Zoho, 42 Courses, Harappa, LegalWiz, and more.
- High Withdrawal Limits: Up to ₹1 lakh daily withdrawal and ₹5 lakh transaction limit.
- No-Cost EMI Conversion: On purchases over ₹5,000 with a simple text message.
Eligibility Criteria:
- Must have a GIGA Savings Account with HDFC Bank to qualify for the GIGA Debit Card.
Why Choose the GIGA Debit Card?
For freelancers and small business owners, this card offers tailored benefits like cashback on gig-related expenses, insurance protection, and exclusive discounts, making it a valuable tool for managing business finances effectively.