Wiz Card was launched in 2009 by United Bank (pvt)Ltd (UBL). Wiz Card is a Prepaid VISA debit card that delivers local and worldwide convenience, security, and advantages in ATM and debit cards.
UBL Wiz is Pakistan's first prepaid debit card that offers convenience, security and advantages of the local and international ATM and Debit Card. You may use your UBL Wiz more than just an ATM card anywhere you accept VISA & MasterCard.
UBL Wiz Visa Prepaid Credit Card
You access money immediately from your prepaid card without having to visit the bank, whether you are using it online or paying to pay the fuel, shopping or eating.
It is a debit card reloadable from VISA that solves the difficulty of buying from Pakistan online. It is available in the following four types:
Ladies Card / Teens Card / Digital Card
The ACCA card for internet transactions is particularly created and has higher restrictions, but there is also little other card. ACCA Card is issued to ACCA students so that in cooperation with ACCA they may pay their costs online.
Pros of UBL Wiz Visa Prepaid Credit Card
- Purchase online at all times
- Shop from every branded shop
- Use this as an ATM card
- Everybody may buy it (a valid CNIC or B.form holder)
- Use in Pakistan anyplace
- Rechargeable from any branch of UBL
- UBL Netbanking can be reloaded
- Free e-reporting, UBL ATM check and mini declaration
- No yearly fees
- Date of long expiry
Cons of UBL Wiz Visa Prepaid Credit Card
- With the wiz card, the link-down problem is common, meaning you can not deposit your money in that moment.
- Cannot be accepted worldwide.
- Approximately 3 per cent of the entire payment amount and 300 bank charges are high online transaction costs.
- Daily POS use limitations are also for consumers sometimes an issue.
- The delay in issuance of cards in some branches is yet another issue.
Fees and Charges of UBL Wiz Card
- Fare 15 Rs for all 1 ATM link except for 15 Rs for all other ATM link connections.
- International utilisation:
- Cancelation ATM: 3.0 percent of the amount of transaction
- Online shopping: 3.5% of the value of your transaction
- Activation Session Costs: 100. (Not on the Internet of Wiz alone)
- Wiz reimbursement: 100+FED
