Blackcatcard - Inclusive Neobank for teenagers and all!

Introduction

Blackcatcard is a Malta-based fintech that offers lots of financial products to its customers. Some of the services include savings accounts, card payments with internationally accepted credit cards, crypto services and family money management. One other thing that makes Blackcatcard special is that there is a special financial product for Teenagers (16 years and above).

Blackcatcard is fully a neobank with no physical branches. However, their services appeal to a global audience. The bank issues master-card endorsed cards for all offline and online payments. Besides that, they also give customers International Bank Account Numbers (IBAN), making it possible for them to do transactions within the European Union.

While all its services are available to everyone, Blackcatcard has a special feature for teenagers. Any teenager between 16 and 19 years would be able to open and operate a standard bank account with all the features like Master card. So for parents that want to start early to teach their young ones financial literacy, Blackcatcard could be a good place to start.

Empowering teenagers with financial freedom

Once they get to a certain age like 16, teenagers need to start making some money decisions. Many parents are willing to let them have some money to spend on personal stuffs or for the family. That is why Blackcatcard offers a financial instrument for Teenagers from 16 years up. So teenagers could open a bank account with Blackcatcard and enjoy the common features you would see in a standard bank account. Check it out:

• Account number with IBAN: The blackcatcard account number for teenagers also come with International Bank Account Numbers (IBAN). This unique number allows a customer to use the account for transactions anywhere in the European Union. IBAN allows banks within the EU to confirm transactions for bank accounts that are not domiciled in that particular country where a transaction was initiated. So Blackcatcard makes it possible for Teenagers that open account with them to continue enjoying banking services in any country that is a member of the European Union.

• Customized card for self and a friend: Once the teenager opens a bank account with Blackcatcard, they are issued a standard credit card. With the card, the customer could make purchases in shops and online. The cards are accepted anywhere the mastercard logo is found.

One interesting thing about the credit card is the design. The teenager could decide to customize the card design with his or her nickname. So Blackcatcard for teenagers allow them to create a unique identity with the design and personal branding. That is not all. The teenager could also decide to do another card for his close friend or family member. Yes a second card could be issued to whoever the account owner designates. And interestingly, the second card could still be customized with the friends nickname, hero or any other thing.

• Supports all transactions: The teenager accounts are standard for all transactions. There are no limits - no parental controls. They could spend from the card in physical shops for grocery and any other purchases. The cards are also accepted when checking out online. Having the IBAN feature also allows the card to be used for shopping beyond the country of origin of the teenager. Blackcatcard for teenagers truly empowers young ones to start taking and making financial decisions on their own.

• Cards shipped worldwide: The credit cards from Blackcatcard could be ordered from any where in the world. Blackcatcard processes the cards and ship them within 24 hours of receiving the order. So teenagers that want to become customers are rest-assured of having their cards sent to them as soon as they order for them.

Cards with Unique designs and amazing features

Apart from the fine prints on the physical cards, Blackcatcard also come with amazing features that make them truly a unique financial product. They include the following

• No big budget for the card: To begin, the cards are free to other - completely free as no fees are required to have them. Besides free orders for the card, there are no obvious or hidden maintenance fees. The zero maintenance fees apply to just 1 card per account. This is cool and different from many cards issued by other fintechs. Besides, there are rewards for keeping using the card.

Blackcatcard has some cashback incentive for its card holders. Up to 5% of the amount spent could be returned to the customers when they pay with it in Google play purchases. Transactions on Amazon also attract a cashback incentive up to 2% of the amount spent. Then for other online purchases at various points, 0.5% id returned to the customer. These are motivations to use the card; a sort of spend to earn that customers appreciate so much.

• 1 account, more cards: For the Teenager accounts, 1 more card could be ordered and printed for whoever the customer wants. Unique branding of the persons name is included. But for standard accounts for everyone, Blackcatcard allows multiple cards to be printed for the same account with unique names on the card. So in a family of 5, just one person could open the account and order cards for all family members. Isn't that cool?

• Credit background not needed: Anyone could open an account and order cards irrespective of their credit history. Blackcatcard is inclusive and does not stop customers because of their credit rating. Everyone is welcome to operate an account with this amazing fintech.

• Account balance cashback: Just for always having money on your Blackcatcard account, you will be entitled to a cashback of 4% per annum.

Finally

Blackcatcard has a lot of amazing deals and products for everyone including teenagers. So you can see some of the highlighted features of Blackcatcard above. Of course, this article should not be taken too serious as it is not financial advice. Take time to explore more before making any financial decision.

note: thumbnail is mine

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