Visa Youth

Visa Youth

(This card is designed for young people aged 13–17 years)

Features:

1. Card validity: for three (3) years.
2. Card currency: (IQD) Iraqi Dinar.
3. The card is linked to a bank account.
4. It can be used locally only.
5. It supports contactless payments for easy and secure transactions.
6. Free cash deposits through all bank branches.
7. The funds deposited into the minor’s electronic card account is originated from the guardian’s funds and are intended solely for the minor’s use purposes, not saving.

Limits of Use:

1. The card may be used for purchases and direct payments via POSs and websits inside Iraq only. It may not be used outside Iraq, nor for cash withdrawals from local or international ATMs.
2. Maximum weekly electronic transaction limit for ages 16, 17, and (for individual who have turned 18 and no longer beyond that age) is: IQD 100,000; not exceeding the monthly limit of: IQD 300,000.
3. Maximum weekly electronic transaction limit for ages 13, 14, and 15 is: IQD 75,000; not exceeding the monthly limit of: IQD 250,000.

Fees and Issuance:

1. Card issuance or renewal fee is IQD 5,000.
2. SMS activation fee is IQD 25,000, deducted annually from the customer’s balance without prior notice. (This is an Optional service for customers willing to receive SMS alerts.)