The Co-operative Bank of Kenya has one of the amazing products tailored not only towards making the life of a customer better but instills financial discipline and economic sufficiency. It is one of the lenders that has embraced technology en masse.
Some of the products that are actually meant for the future include the Jumbo Junior Account, the Youth Account, the Salary Advance product that can be accessed through the MCo-op Cash, among others all meant to better the lives of Kenyans.
Read More:
Advantages Of Your Child Having A Jumbo Junior Account From Co-op
Why This Is A Perfect Year For A Jumbo Junior Account From Co-op
One thing that many people haven’t realized is the cards that Co-op Bank has that are able to perform various functions as far as money is concerned. Some of the cards are the Co-op ATM that enables one to even pay for products and services at no extra cost.
But now there is Co-opPay, a pre-paid Visa Card from Co-operative Bank that has features tailored towards parents making the lives of their kids at school better by enhancing and tracking their spending. Co-opPay is a visa prepaid card that a parent can load pocket money and give it to their child in school.
The child can then use the card to purchase goods at a school canteen at no extra cost. This means that the cash loaded to the card is all used for the purposes intended and Co-operative Bank does not deduct anything from it. It is absolutely free.
Basically, a pre-paid card is a payment card loaded with money to make purchases anywhere that a debit or credit card is accepted including ATMs, POS, mobile money, online, abroad among others.
It’s now easier to give pocket money to your children in high school with the Co-opPay Pre-paid Card. All you need to do is apply for the card at any of our branches & your loved ones can use it to pay for goods at the school canteen. Apply Today!#LoadItLoveIt pic.twitter.com/ubQ0Hyp9GL
— Co-op Bank Kenya (@Coopbankenya) March 8, 2021
One amazing thing about Co-opPay is that one does not need to have a Co-op Bank Account for them to get the card. It is open to all Kenyans and all parents. And the card is not just for buying goods at a school canteen. In case the child needs some cash, he or she can withdraw at the Co-op Kwa Jirani within the school or outside, or at any Co-op Bank ATM.
The Co-opPay card can be used to pay for goods and services outside the school too such as shopping from a supermarket or to an online platform. It is accepted wherever Visa cards are accepted.
Applying for the card is easy. First, you will need to collect an application form at your nearest Co-op Bank branch. Once the form is filled, take it to school along with your ID, KRA PIN, copy of the Student’s ID, and birth certificate. Once the card is ready, it will be delivered to your child in school or you can pick it for them from the nearest Co-op Bank branch.
Loading the card is also easy by the way. You can load it from any Co-op Bank branch or Co-op Kwa Jirani agent, or transfer funds from your Co-op account using MCo-op Cash.
The beauty of this card is that you can monitor the spending by getting mini statements at any Co-op Bank ATM or Co-op Kwa Jirani agent. You will also receive an SMS every time the card is used.