The Student Card, designed to help children learn practical money management skills and give them a sense of independence, is available for children aged 7 and above.
BML
The Bank of Maldives (BML) announces an exciting promotion with the opportunity to win MVR1,000 for 100 lucky winners by applying for a Student Card.
The promotion is valid from 14th August to 30th September. All new student card applications during the promotion will be eligible for the promotion.
The Student Card, designed to help children learn practical money management skills and give them a sense of independence, is available for children aged 7 and above. Parents can send money, guide spending, manage the card functions and through this experience, teach children important financial habits from a young age.
The card is issued as a Visa Debit card, has zero fees and can be used for both local and international transactions. It also offers a first-of-its-kind benefit for children, providing an annual rebate of 0.5 percent on the total amount spent using the card. The rebate, provided at the end of the year, will be automatically credited to the child’s savings account, allowing for smart saving even while spending.
Parents can apply for a Student Card from the BML Mobile Banking App, through which they will also have access to card management.
The Student Debit Card offers discounts of up to 10 percent when used for payments at various shops, restaurants, and bookstores through BML POS machines. Parents can apply for this card through the BML Mobile Banking app
Bank of Maldives is the leading financial institution in the country, committed to delivering innovative and accessible banking solutions for all Maldivians. BML continues to pioneer products that support the nation’s economic growth and development.
