Canara Bank Debit Card Charges | Fees & Updated Guide

Key Insights 
 

1. You can pick from several debit cards, each with its own annual fee. Some cards don’t have a joining fee, while premium cards like Rupay Platinum cost ₹500 to renew.

2. To avoid extra charges, use only your free ATM transactions: three in metro cities and five in non-metro areas. For small payments, use UPI.

3. There are no fees for inactivity or declined transactions, and replacing your card costs only ₹150 plus GST. This makes it easier to manage your card without high costs.

Are you curious about how much cash you can take out from Axis Bank ATMs? If the answer is yes, knowing your daily withdrawal limit can help you manage your money and reduce stress.

Canara Bank offers a variety of Debit cards with different types of charges for various kinds of customers. The Rupay Select Debit Card has a ₹1,000 annual fee, and the Visa Platinum Debit Card has a ₹500 fee.

Example:

My friend Dev is a traveller YouTuber. He always uses the Mastercard World Debit Card from Canara Bank because that card is accepted in both domestic and international transactions, but Dev pays ₹1,000 in annual fees.

Canara Bank Debit Card Annual Charges

The Carana Bank Debit Card has different types of charges; some are variable, but the annual charges are fixed.

Here are the annual charges for Canara Bank Debit Cards.

These are the joining, renewal, and replacement fees of the Canara Bank Debit Cards.

Bonus Tip: If you want to know about the Canara Bank Debit Card issuance policy, then visit the Canara Bank official website to learn about the policy. 

Canara Bank Debit Card Withdrawal Charges

Do you know that every Canara Bank debit card has withdrawal charges after a specific limit? 

Here is the list of debit cards with their withdrawal charges.
 

These are the Canara Bank Debit Card withdrawal charges with the Point of Sale (POS) limit pr day.

Canara Bank Debit Card per Transaction Charges

If you use the Canara Bank Debit Card over the limit, then you have to pay per transaction charges.

Here are the details of the Canara Bank Debit Card transaction charges.
 

How can users avoid per-transaction charges by choosing Canara Bank?

Canara Bank customers can avoid per-transaction fees by using digital payment options such as UPI and RuPay debit cards. They should also keep their ATM withdrawals within the free monthly limit.

These are the Carana Bank Debit Card per-transaction charges.

Canara Bank Debit Card Declined Charges

Are you concerned about charges when your debit card transaction is declined? Don’t worry. Canara Bank does not charge any fees for failed transactions, so your money remains safe.

Here is the list of the Canara Bank Debit Card Charges:

• If your card is lost or damaged, a replacement will cost ₹150 plus GST.
• Replacement Card: ₹150 plus GST
• Debit Card Inactivity Fee: NIL

Your finances are safe with Canara Bank. There are no fees for declined transactions or inactivity, and only a small charge if you need to replace your card.

Conclusion

If you use your Canara Bank Debit Card after a specific limit, then you have to pay charges such as withdrawal charges and transaction charges.

Some Canara Bank Debit Card comes with zero annual fees, but some Debit card has renewal fees and replacement fees for the Canara Bank Debit Card.

FAQs

Canara Bank Virtual Debit Card is free or chargeable? (Reddit)

You can create a Canara Bank virtual debit card for free and use it for online purchases. This card is digital only, and you can apply for it through the Canara mobile banking app.

Canara Bank: Are you unable to make transactions even though you have enough balance? (Reddit)

Suppose you have enough balance, but still can’t make a transaction with Canara Bank. In that case, possible reasons include reaching your daily transaction limit, entering the wrong recipient details, having a weak internet connection, a temporary issue with the bank’s server, or a security block on your card or account.

Did I not receive money from an ATM, but cash was debited from Canara Bank? (Qoura)

Yes, sometimes an ATM may debit your Canara Bank account even if it does not give you cash. This can happen because of a technical problem. In such cases, the bank must refund your money.

Does Canara Bank or any bank issue debit cards that have all three (Visa, MasterCard and RuPay) card clearances and settlement mechanisms? (Quora)

No bank offers a debit card that works with Visa, MasterCard, and RuPay at the same time. Each card is linked to just one of these payment networks.

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.