Here is how to get a Visa Card in Zimbabwe. Visa debit cards have benefits over credit cards, as well as some restrictions. Both types of “plastic” let you make purchases conveniently and safely without having to carry cash. Both are largely accepted by restaurants, stores, and other brick-and-mortar and internet merchants. The key difference between the two is that spending using a credit card is a type of borrowing while with a debit card you are spending your own money that you have already deposited to your card account. Below you can find more information on how to apply for Visa Card in Zimbabwe.
If your wallet has ever been stolen, you know the hard truth that the cash is gone forever. Visa debit cards save against theft because no one can use your card at an ATM without knowing the PIN. The new addition to chips to debit card provide extra protection. Some Debit cards in Zimbabwe also provide security protection for online shopping so that only you can make purchases with your card.
Visa debit cards are attached to interest-earning accounts
Many banks provide multiple types of checking and savings accounts, including interest-earning choices. There is a yearly a minimum daily balance needed, but in return you get both the advantage of earning interest and the ease of using a debit card for cash purchases and withdrawals. Compounded monthly interest is like money included to your account balance that is accessible via your debit card.
Visa debit cards let you check your purchase history and online balance, by using your internet, by using an ATM machine, or even using text messaging on your mobile phone. In today’s economy, more and more people are finding it difficult to get a credit card. But it is simple to get a Visa debit card with MasterCard or Visa logo on it. All you have to perform is to pass as identify check which helps stop fraud. An identity check basically establishes your birth date, name, and addresses matches your official identity usually matched against your social security number.
Have you heard of rewards credit cards? Now some Visa debit cards have also joined this game. You can earn points for dollars spent and redeem your points for travel, gift cards, or shopping. The rewards are generally for purchases made using your signature, not your PIN. The process is the same as for credit cards but you advantage from no yearly fee, no interest charges and no Visa Card charges in Zimbabwe.