UBL Wiz Prepaid Visa Debit Cards Review: Pros and Cons

Jazib Ali
By Jazib Ali
8 Min Read
United bank (pvt)Ltd (UBL) had launched Wiz Card in 2009. Wiz card is Prepaid VISA debit card which provides  the convenience, security and benefits of an ATM and Debit Card, locally and internationally.

It is reloadable VISA debit card that had solved the problem of purchasing online from Pakistan. It comes in 4 types listed below:
  • Travelers / Internet Card
  • Ladies Card
  • Teens Card
  • ACCA Card
Internet card is specifically made for internet transactions and has more limits while rest of card also have that facility but to a limited extent. ACCA Card is made for ACCA Students so that they can pay their fees online in collaboration with ACCA.

Read also: Wiz card now works on Facebook
Read also: MCB Lite Card Review: Its works on Facebook and Google too

Pros:

With UBL Wiz Prepaid Visa Debit Card you will get following benefits
  • Make online purchases anytime
  • Shop from any branded outlet
  • Use it as your ATM card
  • Anyone can purchase it (a valid CNIC or B.form holder)
  • Use it anywhere in Pakistan
  • Reloadable from any UBL branch
  • Can be reloaded from UBL Netbanking
  • Free e-statement facility, balance check (UBL ATM only) and mini statement
  • No annual charges
  • Long expiration date

Cons:

As always everything is not perfect so is Wiz Card
  • Link down issue is usual with Wiz Card which means that you cannot deposit your money within that time. 
  • May not accepted globally.
  • High online conversion transaction cost of about 3% of total payment amount and also bank charges of about 300.
  • POS usage daily limits are also sometime problem for users.
  • Card issuance delay is also another problem in some branches.

Charges and Fees:

Following are the charges and fees applicable to Wiz Card

  • Card issuance fee: 150+FED NOTE: No issuance fee for initial deposit of 10000
  • Transaction Fee 15 Rs on all link 1 ATM except UBL
    Transaction Fee 15 Rs on all link other ATM
  • International Usage:
    ATM withdrawal: 3.0% of transaction amount
    Online Purchases: 3.5% of transaction amount
  • Session Activation Charges: 100 (Only not on Wiz Internet)
  • Wiz Refund Charges: 100+FED

Cards Limits:

Internet / Travelers Wiz Card

Max balance Allowed: 200000
ATM Withdrawal/day: 40000
POS Usage/day: 100000
Internet Usage/day: 100000
IBFT Limit/day: 50000

Ladies Wiz Card

Max balance Allowed: 50000
ATM Withdrawal/day: 25000
POS Usage/day: 50000
Internet Usage/day: 25000
IBFT Limit/day: 25000

Teens Wiz Card

Max balance Allowed: 20000
ATM Withdrawal/day: 20000
POS Usage/day: 20000
Internet Usage/day: 10000
IBFT Limit/day: 10000

ACCA Wiz Card

Max balance Allowed: 200000
ATM Withdrawal/day: 40000
POS Usage/day: 100000
Internet Usage/day: 100000

Wiz Reload:

Its simple, use UBL Netbanking from Wallet Card or use UBL ATM to reload your Wiz card or go to UBL branch and fill REMITTANCE form to reload your Wiz Card.
Leave 1st 6 digits and last 2 digits of your ATM card and this will be your account number for Deposit.

Our Verdict:

It is a good card and also don’t have any yearly charges and is also good for bloggers as it works on facebook and google.

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Jazib Khaleel is Founder of PakistaniTech. He is a Google Certified Digital Marketing Strategist, WordPress Developer and SEO Consultant. He has graduated in BS Accounting and Finance from Oxford Brookes London. You can reach out at jazib@pakistanitech.com
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