Discover the STB Union Prepaid Card
Prepaid cards are a convenient payment instrument for making fast and secure cashless payments within the available balance. The STB Union prepaid card allows you to make purchases in Israel and abroad, as well as pay bills, or withdraw money. Below, we'll unpack the peculiarities of Israel's prepaid cards, giving you a better understanding of how to get them and why they are a popular choice among locals and tourists.
Who can benefit from a prepaid card and what are the benefits
- Everyone! Even if they do not have a bank account.
- Those heading abroad can opt for this option for secure financial management.
- Making wise financial decisions in Israel, overseas, and online.
- Direct payment in USD and EUR abroad or online, without the need for costly conversions.
- As a substitute for cash.
What Are the Advantages of STB Union Prepaid Cards?
Prepaid Cards Are Widely Accepted across Israel
Prepaid cards are widely recognized across Israel, from hectic metropolitan markets to peaceful countryside getaways. As a result, they are an excellent option for traveling.
They Are an Excellent Budgeting Tool
Since you can only spend what you load onto the card, it assists you in keeping track of your costs and avoiding impulse purchases. They also make it easy to carry a travel budget without worrying about theft or loss, as the card can be easily blocked and replaced.
Competitive Exchange Rates
Utilizing prepaid cards is frequently less expensive than converting cash at a bank or exchange office.
High-level Security
Prepaid cards provide a level of anonymity that other means of payment do not since they are not required to be linked to a bank account. This might be beneficial if you value your privacy.
No Credit Checks and Banking Bureaucracy
Getting a regular credit card is often a time-consuming procedure that includes creditworthiness checks. However, with Israeli prepaid cards, you may avoid all of these complications. It’s as simple as loading money onto the card and using it right away, making it a tempting choice for individuals looking for a quick and easy method to handle their money.
Easy Use in Online and Offline Transactions
Prepaid cards in Israel provide extensive flexibility for both online and offline transactions. They may be used to make online purchases on Israeli and foreign e-commerce sites. These cards are also accepted at the majority of local businesses, restaurants, and other places throughout Israel. They’re also useful for contactless payments, making transactions quick and easy. This versatility in usage is one of the reasons why many people prefer prepaid cards.
How Can I Get a Prepaid Card?
The card application process is user-friendly, as you will not need to open a bank account and submit an extensive package of documents. All you need is your passport or an Israeli ID, cell phone, and STB Union application. You will be able to easily apply for the card by following the clear instructions.
Conditions
- Card issuance costs 39 ₪ and is paid when the card is first topped up.
- Card maintenance costs 18₪ for a multi-currency card or 10₪ if you choose a single-currency card per month (you do not have to pay this fee in the first month of use).
- Prepaid cards are available for Israeli citizens and foreigners. However, foreigners must be in Israel to receive the card, as STB Union must identify them.
- The fee for cash withdrawals at ATMs is 6 ₪.
Benefits
- STB Union mobile app allows you to make various card operations online. For instance, you can check your account balance and transaction history, get your PIN, make international payments, block a stolen card, and exchange currency without a fee.
- Expenses control and financial management are easy.
- All transfers and payments are documented with detailed descriptions.
- Analytics of expenses and income are available.
- The support service and versions of the app are multilingual.
- STB Union offers a wide range of payments worldwide.
- Replenishment of the card is performed without contacting STB service.
- SMS balance notifications are optional. It is up to you to decide whether to enable this feature or not.
Bottom Line
In Israel, prepaid cards provide an astonishing choice of features that enable convenience, comfort, and flexibility. Whether you’re an expatriate, a tourist, or a native looking for a convenient payment option, STB Union prepaid cards are worth considering. They are an effective tool for managing your accounts, expediting online and offline transactions, and exchanging currency.
