Conquer Your Saving Blues With The IBP VISA InvestGo Prepaid Card
Dear Reader,
We trust that you are well and that you are perfecting the art of being Money Smart by managing your finances well today for a better tomorrow and ultimately changing the quality of your life and that of your loved ones. This week, we share a story regarding a useful ‘tool’ that can help you to manage money better. From the stories that we have shared so far about this topic and the feedback we have been receiving from you, our dear readers, it is evident that managing money is not an easy task. This can be attributed to many reasons. Among the most common reasons shared by readers are those to do with the fact that money is just not enough and so talking about managing it is mockery and that no matter how hard one tries to effect good money management habits, it is very difficult to achieve the desired results. We have stated several times that much as it is difficult to manage money, it can be done and that doing this is more about behaviour than it is a skill. This, therefore, means that we need to make responsible money decisions; we need to stop being silly with money!
This week, we share a story about a useful ‘ tool’ that can help you to manage your finances, one that will enable you to spend only that which you have planned to. Remember the golden rule in the Wealth Creation/ Money Management world, which talks about living within your means by ensuring that you spend less than you earn if you are to create wealth and attain financial freedom successfully! Our InvestGo card allows you to spend money that you have budgeted for. Paying bills and making regular purchases can be tedious because even when you know what you have budgeted to spend, temptations to overspend will always be there! Stress not because we have a solution for you.
IBP VISA InvestGo Prepaid Card Fact Sheet
What It Is
A VISA Chip and PIN prepaid debit card that can be used at any VISA enabled ATM or POS locally, internationally, and online.
Requirements For Signing Up
The only requirement needed to purchase/sign up for an InvestGO card is proof of identification ‘document,’ i.e. NRC, Driver’s license or passport.
Features And Benefits
Secure Card
• No bank account required.
• No maintenance fees.
• Load up to K50,000.00 on the card.
• Allows ATM withdrawals on any VISA enabled ATM.
• You can use the card at POS.
• You can use the card Online.
• Real-time access to funds on your card.
• VISA brand globally recognised and trusted.
• You can use the card to purchase airtime and pay bills on any Investrust ATM.
• The card is Chip and PIN, which is the most secure card technology that protects your card from scheming.
• The card is VbV (Verified by VISA) which ‘protects’ your online purchases by sending you an SMS or Email every time you use your card online.
• When travelling abroad, you can notify the Bank to activate your card for transactions in the countries you will be travelling to.
Undisputable Money Management Tool The
InvestGo card gives you the power to spend money you have budgeted to spend because you get to decide the amount to load the card with. Once you work out how much money you need to spend on various items in a month, you can make this routine and ensure that you follow through with the process each month. Remember, it is about having the right behaviour regarding/towards money, and so you need to discipline yourself to stick to a budget so that you don’t overspend.
The card also makes for a great tool to get to teach the young ones about money management. If you have children at College/University, you can load the card with a specific amount of money that they need to use at school for a certain period. This will help them to spend money accordingly within a stipulated period knowing that once the loaded money is finished, they will have depleted their allocation. It will also help them to manage their own money well once they leave school to become employees or entrepreneurs.
Enhancing Financial Inclusion (FI) For All - IBP And Non IBP Customers Alike
FI continues to be a very important agenda for the nation. Our responsibility as IBP to ensure that we help enhance levels of FI by empowering people to be active players in the growth of our economy by making access to financial services easy and closer to them. FI for us means serving people beyond our customers; it means financially, including non-customers and members of the general public. To this effect, one need not be our customer to benefit from this great money management tool. All it takes to have access to the card is simply to show proof of one’s identification card as you register to get the card at any of our branches nearest to you. Banking couldn’t be better.
We trust that you enjoyed the read and that you will make informed decisions to perfect your money management skills by signing up for the InvestGo card today! Spend only that you have planned to and be on your way to creating wealth and a better life for you and your loved ones.
Until next time, stay blessed and be a blessing to others and remember to keep safe as we fight COVID -19. Wash your hands thoroughly with water and soap for at least 20 seconds or use hand sanitisers, observe at least 1m of social distancing, cover your mouth and nose with a mask or indeed any cloth when you step out of your home to go to any public places and more importantly, stay at home!