For years, most of us have relied on using a single savings account for all our needs, from FDs and investments to big purchases. But with digital transactions, things have changed. Now, we use our bank accounts for everyday payments like coffee, cabs, and recharges. Consequently, it becomes harder to keep track of transactions and protect your savings from online scams. 

That’s why Airtel Payments Bank introduces a Safe Second Account, just for your daily spends. It can be used like a normal bank account but comes with a host of digital perks that simplify your finances. Here, we break down the benefits of using a second bank account, ranging from secure online transactions to attractive interest rates and cashbacks. 

Key Benefits of Using a Second Bank Account

Airtel Payments Bank Safe Second Account comes with a whole lot of benefits, including: 

1. Declutter your financial statement: By opening a second savings account that’s dedicated to daily spends, you can reserve your main savings account for big-ticket items, such as investments, rent, EMIs, etc. This way, you can create a monthly limit for routine expenses and track where your money is actually going. 
2. Protect your main account savings: Using your main savings account for every small payment, be it shopping or UPI, exposes it to a greater risk of online fraud. With a second account that holds only a limited amount of money, the impact of fraud is restricted, and your main balance remains untouched. 
3. Benefit from additional safety features: At Airtel Payments Bank, we prioritise the safety of your finances with security features, such as Safe Pay and Fraud Alarm. While Safe Pay acts as a third-factor authentication for secure online transactions, Fraud Alarm stops suspicious transactions with a single swipe. 
4. Earn high rates of interest: Airtel Payments Bank offers up to 6.5% interest p.a which is more than what most traditional banks offer, and you can use the monthly interest to splurge on yourself.  
5. Leverage extra perks: With Airtel Payments Bank Safe Second Account, you can take advantage of a Virtual Debit Card, FASTag, Fixed Deposits, NCMC Travel card and more. It’s like a one-stop shop for all your financial and lifestyle needs. After all, who said banking has to be boring? 
6. Get cashbacks and rewards: Besides monthly interest earnings, you can also get rewards of up to ₹15,000 on different merchants using our eco-friendly debit card. Moreover, with the Rewards 123 subscription, you earn cashback on every single transaction. Think of it as rewards for secure online transactions. 

Summing Up

The benefits of using a Second Bank Account are plenty, ranging from decluttered financial statements to reduced exposure to online fraud. And with Airtel Payments Bank, a Safe Second Account also comes with perks like an eco-friendly debit card, monthly interest earnings, additional safety features, and cashbacks! Join us as we make banking safe, rewarding and convenient! 

FAQs 

1) How can I open a safe second account? 

Just download the Airtel Thanks app, complete your KYC, and your savings account will be opened instantly without any paperwork or branch visits. 

2) Does Airtel give any rewards for secure online transactions? 

Yes, you can earn cashback on every transaction with the Rewards 123 subscription as well as rewards of up to ₹15,000 on different merchants using the debit card. 

3) Can I do UPI payments with Airtel Payments Bank Safe Second Account? 

Yes, you can do UPI payments such as utility bill payments, mobile and DTH recharges, online shopping, or even transfers to merchants, friends and family. 

4) Is there any minimum balance required? 

No, you don’t need to maintain any minimum balance with Airtel Payments Bank, but there’s a capping of ₹2 lakh on the maximum account balance.