Private Bank Cards

Access Your Private Account Anywhere

A private bank card or private debit card is probably the most straight forward and cost-effective way of withdrawing funds from a private account. In the past, fund withdrawals from an account held at a private bank involved expensive wire transfer fees and often personal calls to the bank.

Bank cards now allow you to have instant access to your money through one of the major credit card brands like Visa, MasterCard, Discover or American Express. Private bank cards offer convenience and flexibility at a fraction of the cost of time-consuming bank wires.

Internationally recognized brand name bank cards, such as Visa and MasterCard, are accepted by more merchants than other cards because they have a developed reputation and the network takes on the risk of non-payment rather than the merchant. You can use your brand-name bank card to buy whatever you want, whenever you want, anywhere in the world, while enjoying the benefits of leaving your money in your tax free private account.

Some Advantages of Private Bank Cards:

Most cost-effective way to make smaller withdrawals or payments
Instantly access money in your private account
Same privileges and benefits of other "onshore" credit card, such as worldwide acceptance, and frequent flyer miles.

Private Bank Card Varieties

Secured Private Bank Cards - almost all legitimate private bank cards are secured. This means that along with the private bank card application you will have a security deposit.

Private MC Debit Card - private debit cards function in almost the same way as secured bank cards, the difference being you can only spend what is actually funded on the card. This makes them more secure in case of theft because there is no credit line for thieves to appropriate. Private debit cards will additionally offer the same privileges, benefits and worldwide acceptance as a major international bank card.

Unsecured private Bank Card - these are not issued by private banks except to well-known clients. Due to the global nature of private banking, credit checks would be too complicated and the risk of non-payment too great.

Many 'unsecured' private bank cards are scams, because such credit lines would simply not be offered without extensive KYC (know your customer due diligence). Most unsuspecting customers who are lured into unsecured bank card schemes end up paying an initial card registration fee and then never hearing from the 'bank' or 'private service provider' again.

Private Bank Card Processing

If you are interested in accepting bank cards for your business, you're looking for a "merchant account". There are plenty of merchant processors for companies who do business "onshore". Those that are involved in private business, or have business models deemed "high risk" may find better luck securing a merchant processor private. Private bank card processing and payment gateways will allow you to clear payments from all the major bank cards, 24/7.

Private Bank Card Application

Because our card offerings are all debit or prepaid, our bank card application process is simple and involves no credit checks. All you have to do is open a private account and choose your card.

Click here if you'd like to open a private banking account with your very own high-limit bank card.

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