Going Cashless This December: Use Co-op Visa Card

The festive season is here with us. Maybe you have been invited for parties or any sort of fun, and as you may already know, this is one of the periods of the year when you are required to use your money, not extravagantly, but it is not too bad to spoil yourself after you have worked hard all year long.

And because many people will be lining up at the ATM booths, be the clever one and use your bank card for all the services you may need. You save time while saving cash because there are no costs incurred in using your visa cards.

Talking of visa cards, did you know that the Co-operative Bank of Kenya has several visa cards tailored to suit your different needs?

Let’s have a look at them and at the situations in which you may need them.

READ: Co-op Bank Scholarships: Willing To Study But Got No Money?

Local Visa Classic card

With this Visa Card, one can access credit and use it just within Kenya. With this, you can settle all kinds of bills without having to look around to make sure there’s no one looking at your brown envelope with cash in it.

Do you want to settle hospital bills? Pay for air tickets? Bail someone out of jail? This is your card.

Gold visa card

Gold Visa card is an enhanced premium credit card targeted at the upwardly mobile individual. This one has a higher spending limit and more benefits. If you’re a holder of this card, you have an advantage of getting special discounts with airlines, hotels, and hospitals.

Gold Visa cardholders enjoy an additional 15 percent off rates at 55,000 hotels worldwide, from small boutique properties to 5-star hotel chains in over 130 countries, just to mention a few exciting advantages.

Saccolink Debit Card

This card allows SACCO members to access their cash via any Co-operative Bank ATMs as well as any Visa Branded ATM countrywide.

If you need this card, apply through your Sacco and have fun paying for your shopping and fueling your car using the card at any point where Visa cards are accepted.

International Visa Classic Card

International Visa Classic Cardholders enjoy a higher limit of up to 199,999 shillings and they can use their card worldwide wherever they see a Visa-branded outlet.

It allows a cash advance equivalent to 20,000 shillings per day subject to availability of funds.

Co-op Cash Card

This is not a credit card. And while you can use it like the rest to access cash through bank ATMs, Visa-branded ATMs and paying for goods and services, the cash is deducted directly from your account at no extra cost.

Saccopay Prepaid Debit Cards

It is a pocket-sized visa Prepaid Classic card that enables Sacco Members to access their cash through Co-operative Bank ATMs as well as any Visa Branded ATM countrywide. One can also use it to shop, pay fuel and much more at no additional cost, wherever Visa is accepted.

Co-op Pay Cards (Virtual Cards)

A prepaid Card Based Solution for management of cash and other related payments that include; Petty Cash Allocation, imprest, wages, salaries, dividends, bonuses, health-related payments, etc. These cards are created in the Card management system and draw funds from a pool account with zero overdrawn positions as each card has a marked limit. The cards are Visa-branded and are easy to open mainly targeting the corporate and not individuals. These cards are generated towards the management of the following:

Cash related security risks

Reconciliation of the office accounts.

A lot of paper tasks.

Increase in the workforce as this duty has to have a dedicated resource allocation to manage the cash office.

Corporate Visa Card

This is a good one for an organization since it is meant to assist manage cash flow and costs in an organization. It simplifies bookkeeping procedures and reducing dependency on petty cash.