Plastic cards
Yes, Poytaxt Bank can issue a card in the name of a minor. Usually, this requires the presence of a parent or fiduciary and the child's birth certificate. This is convenient for managing pocket money and controlling the child's expenses.
If the card is lost or stolen, you should contact the bank as soon as possible through the hotline or visit the nearest branch to block the card and prevent unauthorized use.
For international travel or shopping, Visa or MasterCard, which are accepted worldwide, are the best cards to use. These cards provide access to funds in foreign currencies and allow you to withdraw cash from ATMs abroad. However, it is important to keep in mind that foreign transactions may incur additional currency conversion and transaction fees.
A credit card allows you to use the bank's borrowed funds within a set credit limit. You spend the bank's money and have to pay it back within a certain period of time, often with interest accrued if the debt is not repaid in full within the grace period.
A debit card uses your own funds in the account. You do not borrow money from the bank, but dispose of what you already have on the card, without the possibility of going into debt (unless an overdraft service is connected).
