Debit Mastercard Teens
Characteristics and fees
Debit Mastercard Teens is an international debit card with contactless functionality and special design ensuring secure access to your funds. The card is issued as a main Debit Mastercard Teens (with the explicit consent of a parent/guardian), including subscription to Bulbank Mobile
Monthly card service fee
IconNo card fee
Specific characteristics of the product
Icon- Lower transaction limits compared to the standard levels of Debit MasterCard
- An option to limit Internet transactions
- Restrictions of the use of the card with regard to specific merchant outlets related to subject of activity such as gambling, alcohol, cigarettes, etc.)
Issuing
IconNo fee
Suitable for
IconTeenagers at the age of 14-18 years
Coverage
IconInternational
Functionality
IconChip, magnetic stripe and contactless functionality
Currency
IconBGN, EUR, USD depending on the currency of the main card/account
Validity of the card
Icon4 years, without an option for automatic re-issuance following the expiry of the card validity term
Time limit for issuing
Icon- Standard - 5 business days
- Express - up to 48 hours
Lock/Unlock
IconYou manage the status of your card free-of-charge via Bulbank Mobile using the blocking and activation functions of the main card.
24/7 Customer Service Centre
IconIn case of an accident or if you need to check the card balance
Please, read the entire list of parameters of the card under the Tariff and the General Terms and Conditions for opening, servicing and closing bank accounts of individuals and for providing payment services and instruments.
When making a transaction abroad with a bank card on a real or a virtual POS device in a currency different from the card one, the sum of the transaction is converted to a sum of the settlement in the exchange rate, defined by the International card organisations, applied on the settlement day.
UniCredit Bulbank books the transaction to the customer’s account according to the official FX rate that the bank applies on the transaction accounting (it may be different from the day of the payment sending). The settlement currency is EUR.
UniCredit Bulbank doesn’t apply any additional commissions at the currency conversion on the transactions with bank cards.
Issuing of the card
Required documents:
- Application for issuing a debit card for individuals
- Application for opening a bank account for an underage person
- Birth Certificate of the underage person
- Identity card of the underage person and of his/her parent
Request your Debit MasterCard Teens at any Bank branch.
Application of the card and specific characteristics
Debit Mastercard Teens is an international debit card with contactless functionality and special design ensuring secure access to your funds. The card is issued as a main Debit Mastercard Teens (with the explicit consent of a parent/guardian), including subscription to Bulbank Mobile.
The Debit Mastercard Teens will enable your child to:
- Make contactless payments - fast, easy and safely, with one motion, without entering a PIN code for purchases in the amount of up to BGN 50 in merchant outlets in Bulgaria with the contactless payments symbol.
- Pay for goods and services at POS terminals in merchant outlets in Bulgaria and abroad;
- Collect and pay using points for purchases at merchant outlets in the PLUS Programme.
- Withdraw cash at an ATM:
- Check the account balance (only applicable to main debit Mastercard Teens cards);
- Check information about the last 5 transactions
The main Debit Mastercard Teens cards do not allow the following transactions:
- Cash back
- Cash withdrawal at a POS terminal at a bank office
- Paying bills through ATMs in the system of BORIKA AD
- Cash withdrawal on a mechanical device - imprinter
How does contactless payment work?
You can use your card contactlessly, if there is the characteristic symbol on the terminal, following these steps:
- See the amount on the POS terminal display.
- Tap your card to the symbol on the POS terminal.
- The terminal makes sound and light signals and the transaction is complete.
In case of contactless payments abroad, the value of the payment below which the entry of a PIN code is not required is different and is defined by the Bank servicing the terminal and the international card organizations (ICO).
For example, the average limit for payment without entering a PIN code in Europe is EUR 25.
Card activation
The process of card activation is now much faster and easier. After you receive your bank card you can activate it by changing your initial PIN code at an ATM of UniCredit Bulbank AD or at any other ATMs with the Borica AD* logo.
* The card activation and the change of PIN code is possible only at ATMs in Bulgaria!