Prepaid cards are a better medium for carrying money in your wallets and purses as they are small to carry with a huge amount in it that can be used for corporate, shopping, food and travel purpose. These cards are provided by various banks all across the world, and therefore it is your decision to choose the most appropriate one for yourself.
Under Kotak Mahindra Bank, there are four types of prepaid cards available, and they are:
The benefit of Prepaid Card
The prepaid cards include your cash which is safer to carry all around the world due to their functionality as they can be either Visa Cards or Master cards which can be accepted anywhere you go without making you pay the hefty credit card bills or debts. These cards are acceptable to anyone above 18 years of the age.
Kotak Prepaid cards include the following benefits:
The card is provided with a chip for the security purpose where multiple currencies can be loaded in a single card that can be accepted at all the merchant outlets and ATM’s across the world. The card also provides you with the service of Web Login so as to manage your credit card account from anywhere in the world.
Net Cards give you a method of unique payment service so that you can do shopping online from the various online stores either in India or abroad as the card can be used in both the cases. Make sure to use this card wisely as if the transaction is done once from it; then you can use it next only after 24 to 48 hours. But the best thing about this card is that there are no fees for the creation as well as with the usage of the card.
The card is loaded with the best-packaged deals along with various gifts that can be used by the customers with no prior bank relationships required. These cards are available across all the Kotak branches with a validity of three years from the date of issue.
This card stores your money safely by giving you access of the funds in a convenient manner making sure that you carry your money in one card which can be used anywhere and can also be reloaded an ample number of times.
Operate your prepaid card
Steps to operate your prepaid card are as follow:
Things to Consider with Prepaid Cards:
Prepaid cards are much convenient to use as they make you avail different kinds of services without any kind of bank interruptions. You can use prepaid cards anywhere in the world as they generally come in two services either the master card or visa card.