Bank Sohar’s Excel Prepaid Card is a global card and accepted all over the world for making payments. It is a re-loadable card that can be used anywhere Visa Cards are accepted. This may be in Oman or abroad, at stores, petrol stations, restaurants, theatres, in the mall and online. It can also be used for cash withdrawals at more than 2.5 ATM’s and 40 Million merchants worldwide. The prepaid card is pre-loaded with an amount that the customer determines.
For a prepaid card, there is no “line of credit” extended. This means that the spending limit is determined by the amount of money that the customer has loaded on to the card. There are no finance charges, no late fees, and no accumulation of debt. It is a convenient way of utilizing your funds with minimal risk.
Note: Maximum daily purchase or ATM withdrawal limit is RO 500/-.