HDFC Bank unveils PIXEL Play: All you need to know about India’s first virtual credit card

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Also Read: How can using a credit card for emergencies affect your financial health?Since the card is 100% digital, customers can avail it only through the app. The ‘PIXEL Play’ card is available for salaried persons between 21 years and 60 years of age with a monthly income of ₹25000.

For the self-employed, the card is available for those between 21 years and 65 years of age with an annual taxable income of ₹6 lakh.For ‘PIXEL Go’, the conditions are the same except that salaried persons with an income of ₹8000 per month can also avail it. The joining fee is ₹500, which would be waived if the customer spends ₹20000 within 90 days from the issuance of the card.

Also Read: 60% make rewards top priority in credit card choice, reveals survey“PIXEL represents a pivotal shift in our approach to banking solutions, crafted to resonate with digital natives.

We are excited to introduce this digital-first credit card that offers flexibility and customization," said Parag Rao, Country Head - Payments, Liability Products, Consumer Finance & Marketing, HDFC Bank.While the card is completely digital, the bank will give a physical card only if the customer insists on one. Since both the PIXEL cards are app based, customers have to simply download the PayZapp app, apply, get the card underwritten and get it instantaneously—all through the online mode.

Also Read: How to tackle fraudulent transactions on your credit card? A step-by-step guideUnlike the traditional credit cards, which come with fixed offers and rewards, this virtual card allows customers to tailor rewards to suit one’s lifestyle and requirements.

Customers also have the flexibility of choosing the merchants who offer the highest cashback (up to 5%). “The bank gives the power