Requirements to get CABS MasterCard
- CABS account holders only have to fill an application form
- Non CABS customers need to provide the following:
-Proof of residence in the name of the customer (if not an affidavit from the Landlord or letter from employer confirming the residence of the customer)
– Copy of National ID/Driving Licence/Passport – One recent colour passport size photograph (within 3 months)
- Card Issuing Fee US$ 5 for both CABS and non-CABS account holders
- Minimum Initial Deposit US$ 50 for both CABS and non-CABS account holders
Conditions for using CABS’s Mastercard
- No reload Fee
- ATM Withdrawal Fee- US$ 2.50 plus 1.5% of the withdrawn amount plus 5c stamp duty
- Purchase from MasterCard Merchant – 1% of the purchase amount plus 5c stamp duty
- Minimum Load Value – US$50
- Daily Cash over the counter – US$ 1 000
- Daily POS Limit at MasterCard Merchants – US$ 10 000
- Maximum ATM Withdrawal Limit per Day – US$ 1 000
- Maximum Single Load/Reload and Maximum Balance allowed on your card at any one time – US$ 50 000
- Maximum PIN tries – 3. After putting the wrong pin for the fourth time the card gets blocked.