VISA Classic Kids

Payment cards

Type of card: Debit card

Issue: 25 000 UZS

Cash withdrawal outside the Republic of Uzbekistan: 3% + acquiring bank's tariff

Transaction processing: 0%

Card account maintenance: Free

Last modified date: 02/09/2024

Opening a plastic card for children and teenagers from 14 to 16 years-is totally free of charge. If the child does not already have a passport, then the child's birth certificate, passport and written consent of one of the parents or guardian will be required for registration of the account.

According to research, almost all teenagers (87%) receive pocket money. 40% of teenagers have their own savings. Interestingly, children born after 2010 tend to save rather than consume. Thus, more than 50% of schoolchildren will reserve a part of the money if they receive 500,000 soums for their own expenses, and 31% will reserve the full amount. The remaining 19% will spend the money at their discretion

Whether to give pocket money or not is a dilemma for every parent. On the one hand, the sooner a child learns how to manage finances, the better. On the other hand, giving out cash is fraught with risks: suddenly senior pupils will take it away.

Pocket money is no longer required to be given in cash – you can issue a children's plastic card at Kapitalbank JSCB and manage it in the Kapitalbank mobile application. At the age of 14, your child can have their own bank account and their own VISA card from Kapitalbank. Opening a plastic card for children and teenagers from 14 to 16 years old is absolutely free. If a child does not have a passport yet, then the child's birth certificate, passport and written consent of one of the parents or guardian will be required to process the account.

Now, when your child is happy, advanced user of a bank card and the new Kapitalbank mobile application, he/she has the right to manage money however he/she wants, and parents will have to learn to trust their child's decisions. Don't forget to have a conversation about frauds and the fact that you must not tell anyone your card PIN code and the numbers on the back of your VISA card. On the plus side: the salary card is now safe – no need to send children to the store with a full-house amount and worry about a possible loss. The parent is safe and calm, the money is protected, and the child is free to spend. You can transfer money to the card at any time and from anywhere in the country and the world. Moreover, the transfers between Kapitalbank JSCB cards are 0%. Psychologists say that by the age of 14, children are fully aware of the value of money and make independent, and most importantly, conscious purchases. Teach your children to understand the value of money and manage it wisely. Open children's plastic cards in Kapitalbank JSCB for free just today.

REGULATIONS on comprehensive banking services for individuals at the Single Branch of the Joint-Stock Commercial Bank "Kapitalbank"

Size: 3.69 MB

Format: pdf

	Bank’s service / condition for provision of the service	Rate of commission fee to the Bank charged to the Client for the transactions performed by the Bank	Note
a)	Issuance of the basic card	25 000 UZS 2 USD* 2 EUR*
b)	Issue of additional card	25 000 UZS 2 USD* 2 EUR*	Only Visa Classic Kids card can be used as an additional card
c)	Period of validity of the card	5 years
d)	Period of issue of the card from the day the application for the issuance of the main or additional card is received	Not more than 3 working days
e)	Minimum balance on the card account not available for use by the card	missing	If the card currency differs from the transaction currency, an amount of 1% of the transaction amount will be temporarily blocked.
f)	Minimum initial contribution to the card account	missing	The amount available for use shall be calculated taking into consideration the minimum balance.
g)	Maintenance of the card account	Commission fee is not charged
h)	Early re-issue of the main or additional card (if the cardholder applies earlier than 2 months before the expiry of the card)	25 000 UZS 2 USD* 2 EUR*
i)	Processing of transaction for withdrawal of cash from Visa card of JSCB “Kapitalbank” in the service network of JSCB “Kapitalbank”	0% from the transaction amount
j)	Processing of transactions for withdrawal of cash from Visa card of JSCB “Kapitalbank” in the other banks	3%	The commission fee is charged from the full amount of transaction
k)	Processing of transactions for payment for goods and services within the network and beyond the service network of JSCB “Kapitalbank”	Commission fee is not charged
	For payments by cards of JSCB Kapitalbank on MSS 6051	1%
l)	Reissue of the card due to:
	Loss/damage to the card;	25 000 sum
	Change in the name of the cardholder;	2 USD*
	Change of PIN code;	2 EUR*
	Expiry of card validity period	Commission fee is not charged
m)	Investigation of the account and operations	No fee charged
n)	Connection and maintenance of 3D Secure service	Commission fee is not charged	The connection of the 3D Secure service is provided only if the client is connected to the SMS information service.
o)	Processing cash withdrawal transactions using Visa card of JSCB "Kapitalbank" at ATMs of JSCB \|"Kapitalbank"	Commission fee is not charged	For national and foreign currencies

Statement
The original document certifying the identity:
From 14 to 16 years - child's birth certificate, passport and written consent of one of the parents or guardian.

Transaction days in the departments of plastic cards: