MPU Teen Debit Card
MPU Teen Debit Card
Our MPU Teen Debit Card is perfect for teens under 18 years of age, and particularly students. This card allows young customers to make payments at online stores, mini marts, shopping centers and restaurants without the inconvenience of carrying cash around all the time.
Applying for a card
You can apply for an Explore Teens Card at any of our KBZ Bank branches accompanied by your guardian or parents.
Transfers
Easily transfer cash between KBZ Explore Debit Cards at our ATMs.
Deposits
Add money to your Debit Card at any KBZ branch.
Withdrawals
Make cash withdrawals at any of KBZ’s vast network of ATMs as well ATMs of other banks.
Withdrawals can be made at ATMs 24 hours a day
Interest
Annual interest rate
1 Billion MMK and above: 10% per annum
300 Million MMK to under 1 Billion: 9% per annum
Below 300 Million MMK: 8% per annum
*Effective as of September 1st, 2024
Online
Make payments at E-commerce websites
Get access to all of KBZs latest online banking services
Safety
Make safe payments without needing to carry any cash.
You are protected from card fraud and data leaks by using our EMV Smart Chip technology
Using your card
Even though you are under 18, with parental permission you can enjoy all the benefits of having an adult credit card.
Fees & Charges
| KBZ MPU Teens Debit Card | MMK |
| Card Registration Fees | 3,000 |
| Initial Deposit | According to Account Policy |
| Minimum Balance | According to Account Policy |
| Annual Fee | 3,000 |
| Card Replacement/Lost Fees | 3,000 |
| PIN – Reissue Fees | 1,000 |
| Balance Enquiry Fees at ATMs | Free |
| Card to Card transfer (ATM Machine) Fees per transaction | 500 |
| Transaction Limit | MMK |
| POS/E-commerce Spending Limit per day | 5,000,000 |
| Maximum Card to Card fund transfer limit per day at KBZ ATM | 1,500,000 |
အကျိုးကျေးဇူးများ
Convenient
Never have to worry about not carrying enough cash when you are out.
Shop Online
Make online payments on e-commerce websites.
Secure
No need to worry about your cash being stolen with our EMV Smart Chip Technology
Online banking
Get access to all of KBZs latest online banking services
Required Documents
- Parents’ or guardian’s National Registration Card, in original and a copy.
- Teen’s 10-year-old National Registration Card, in original and a copy
Notification of Card Dispute & Chargeback Policy
Kindly take note the below timeline to dispute any transactions arising from your card account. Please check your statement regularly. Failing which you may loose your right to dispute the transaction.
KBZ Debit Cards
- Within 30 days from the transaction date
KBZ Credit Cards
- Within 60 days from the transaction date
Want to open this account?
Contact Us Today
Call us now
and speak to one of our advisors
(+959) 951018555
Apply in Branch
Find your nearest KBZ branch and come and talk to one of our advisors in person