| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
ABK - Multi Currency Prepaid Freedom
|
Minimum Salary: KWD 0 | Salary Transfer: No | Islamic Finance: Yes | Cashback: No | Annual Fee: KWD 10 | Rate: 0% |
The ABK Freedom Prepaid Card is a multi-currency cash passport solution for frequent travelers, offering you security, convenience, and total freedom, with the ability to carry up to 11 currencies in one single card.
Travel smart with ABK’s Multi-Currency Prepaid Freedom Card, and gain access to your funds from anywhere in the world with MasterCard®, accepted at over 2 million ATM machines and 35 million other locations.
Features
- Availability of multiple currencies in one card account
- Available Currencies include: Kuwaiti Dinar, US Dollar, British Pound, EURO, Emirati Dirham, Saudi Riyal, Bahraini Dinar, Swiss Francs, Canadian Dollar and Egyptian Pound
- Locks-in Exchange rate at the time of the transfer
- ABK SecurePay powered by Mastercard SecureCode for online shopping protection
- Free Travel Insurance of up to USD 250,000
- Various offers and promotions from Priceless Arabia by MasterCard
- Cash withdrawal facilities at ATM’s abroad and at ABK ATM’s locally
- Dedicated Online Portal that offers secure access to card account details
- Available to Both ABK and Non - ABK customers
- Purchase Protection
- Fraud Protection
- MasterCard Global Assistance Services.
- Accepted Worldwide
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
