Visa Net Cards
Visa Net is a prepaid card dedicated by CAC Bank for customers whom shop online; with a high security and flexibility, and many other additional features.
Service Features:
- Issuing the card without the need to open an account.
- Receipt the card at the same time.
- Low fees.
- You can request for obtaining the card from any branch or office of CAC bank.
- Replenishing the card whenever balance over at any time.
Terms and Documents Required to Obtain the Service:
- Providing the original ID card (valid electronic ID or passport for foreigners).
- Fill and sign the application form.
- Card issuance fee is only $10.
- Visa Net Card is being used to buy from internet only, customer cannot use this card to buy from POS, or withdraw from ATM.
Visa Classic Card
Visa Classic is a credit card that gives the customer a renewable credit facility and can be used to withdraw cash and pay against purchases inside Yemen and all over the world by using the International network of Visa, without the need to have a balance in your account when making the transaction. The due amounts will be paid by debiting your account on day10 of each month.
Service Features:
- Visa Credit card offers the customer a credit facility limit starting from $ 1,000 and above.
- A flexible credit limit that meets customer needs (multiple currencies).
- Customer can use the card through ATM’s, shops, hotels, and restaurants holding the visa logo, distributed all over the world.
- Reducing the risk of carrying cash while traveling, and saving time and efforts.
- Paying purchases via the Internet.
- Obtaining a detailed statement of account per month, as per customers’ request.
- Getting a 24/7 communication service inside or outside Yemen by calling the call center free number 3033, 8003033, or the direct numbers 01562994/5.
Terms and Documents Required to Obtain this Service:
- Customer should maintain a current YER or USD account to gain the card.
- Providing the original ID (valid electronic ID or passport for foreigners).
- Fill and sign the application form.
- Providing 2 personal photos 4x6.
- Card issuance fee is only YER $50.
- Providing 100% cash collateral against the credit facility granted to the customer with senior management approval.
Visa Gold Card
Visa Gold is a credit card that gives the customer a renewable credit facility, and can be used to withdraw cash and pay against purchases inside Yemen and all over the world by using Visa International network, without the need to have a balance in your account when making the transaction. The due amounts will be paid by debiting the account on day 10 of every month.
Service Features:
- Visa credit card offers the customer a credit limit starting from $5,000 and above.
- Customers holding Visa Electron cards can withdraw from any ATM and pay against purchases from any point of sales with Visa logo, from anywhere in the world.
- Reducing the risk of carrying cash while traveling, and saving time and efforts.
- Paying purchases via the Internet.
- Obtaining a detailed statement of account every month, as per customer request.
- Getting 24/7 communication service inside or outside Yemen by calling the call center free number 3033, 8003033, or the direct numbers 01562994/5.
Terms and Documents Required to Obtain this Service:
- Customer should maintain a current YER or USD account to obtain the card.
- Providing the original ID (valid electronic ID or passport for foreigners).
- Fill and sign the application form.
- Providing 2 personal photos 4x6.
- Card issuance fee is only $100.
- Providing 100% cash collateral against the credit facility granted to the customer with senior management approval.
Visa Electron Card
Visa Electron Cards are debit cards that are linked to the customers’ current account, and is used to withdraw or pay against purchases from anywhere in the world through the global VISA network.
Service Features:
- A contemporary card with a sophisticated modern technology and compatible to the international standard.
- Its distinguished with high levels of security and accuracy.
- Customers holding Visa Electron card can withdraw from any ATM and pay against purchases from any point of sale with Visa logo, from anywhere in the world.
- Flexibility to use multiple currencies (you can withdraw any currency even if your card is linked to another type of currency).
- Customer can issue a new Visa Card in case he lost his card.
- The validity date of the card is 2 years.
- There are no commissions applied when you use visa card with CAC bank’s local ATM network.
Terms and Documents Required to Obtain the Service:
- Visa Electron applicant should maintain a current account in YER or USD currencies.
- Providing the original personal ID (valid electronic ID or passport for foreigners).
- Filling and signing the application form.
- Providing 2 personal 4x6 photos.
- The card issuance fee is YER 1000.
- The minimum balance in your account should be YER 1,000,000 or equivalent in any other currencies.
FAQs
Yes, you can use you VISA card to buy from internet.
No, you can’t link your visa card to your saving account.
Yes, you can withdraw with any currency according to the policy of the country you are located in.
You should inform the bank about the holding amount immediately through contacting us on phone number: 009678003033 or landline: 009671250009Ext: 444 or send a letter to customer services through fax number: 009671232941.
According to the current circumstances, the commissions applied to withdrawal via Visa Cards is 30%,due to the differencein ex-ratescompared with the official rate.
Yes, there is an issuing fee for YER 1,000 that should be paid one time and withdrawal charges applied from visa company, and there are no more other fees or expenses.
The cash collateral percentage to obtain aVisa Credit Card (Classic or Golden) is currently between 100 % - 120 % according to customers’ account transactions.
Yes, there is a daily limit for purchasing through Visa Cards. which vary from customer to another, depending on the customers’capabilities and his transactions; you can raise the limit by visiting any of CAC Bank branches.
Yes, Visa Net is being used to buy from internet only, while other Visa Cards are being used for cash withdrawal as well as to buy from the internet, and any POS.
