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I need some information about this Visa UBL Wiz card that UBL are providing… They also have a similar card for ACCA students… Is there any difference between the two?
Secondly, What is its system? Like ive heard you just go to UBL’s branch, ask for the card and they provide you one, once you fill the form and provide the neccessary documents… Your bank account is not opened, instead a virtual account is opened???
If someone has this card, Please explain. Im confused !!!
ACCA Wiz card details are provided here. Per day transaction limit is 1 lac not 10k:
My experience with other UBL wiz cards is that it works on some websites and not on others. Also it is not a reliable online payment method. Sometimes it will fail to work at all!
Another thing you should know is that you can only deposit and withdraw money in multiples of Rs. 500. So if you have a balance that is not a multiple of Rs. 500 you won’t be able to withdraw it! Your only option will be to spend that money offline or online.
The account they open for you can only be funded with cash or online ubl checks. You will need to provide your CNIC copy each time you deposit money into your card!
I have heard that you have to wait for UBL to verify your CNIC with NADRA before you can use your card. That can take many days.