CARDLIFE
MASTERCARD® PREPAID VIRTUAL CORPORATE OWNED FUNDS CARD
SCHEDULE

 

This schedule ("Schedule"), together with the Reloadable International Mastercard Prepaid Corporate Owned Funds Card Terms and Conditions ("Terms") govern the use of Your Card. Both the Schedule and the Terms are referred to as this Agreement.

You will be asked to confirm Your acceptance of this Agreement when You apply for Cards via the Corporate Account Platform. If You refuse to accept this Agreement, We will not be able to complete Your order for Cards.

Unless specifically stated otherwise, words and expressions in this Schedule have the same meaning and interpretation as defined in the Terms.

Definitions

Card Scheme: Mastercard International Incorporated. Mastercard is a registered trademark of Mastercard International Incorporated.

Denominated Currency: British Pound Sterling.

Website: https://cardlifeapp.com/

1. Customer Services

The Customer Service Department can be contacted via the below channels:

  • • By e-mail: Hello@cardlifeapp.com
  • • On the Website

Please note that We reserve the right, after having informed You, to monitor/record the conversations between You and Customer Services for quality assurance purposes.

2. Information to be provided in order to activate the Card

The Card User must activate the Card as soon as it is received by following the instructions detailed on the information document accompanying the Card.

3. Services included in the Card

Communication of balance statements

You can find out the available funds remaining on Your Card at any time by accessing the Website.

LOAD LIMITS
Maximum amount authorised per load7 700 GBP
Maximum amount authorised per day7 700 GBP
Maximum amount authorised per month15 400 GBP
Maximum balance on card10 000 GBP
Total value of load over 365 days46 400 GBP
PURCHASE LIMITS
Number of purchases allowed per day30 purchases
Maximum value of single purchase transaction3 800 GBP
Total value of purchases allowed per day7 700 GBP
Number of purchases allowed over 4 days120 purchases
Total value of purchases allowed over 4 days15 400 GBP

You can (i) withdraw cash funds via ATM (although there is a charge for this service as set out below) or (ii) pay for goods or services (via an appropriate electronic payment terminal) at all points of sale ("POS") terminals that display the Mastercard® symbol.

TRANSACTION FEES

All payments made using Your Card shall be in the Denominated Currency. If the Card is used to pay for goods and services in a different currency to the Denominated Currency, the amount payable shall be converted at the Mastercard conversion rate at the time Your transaction is processed. The Mastercard conversion rate is displayed on https://www.mastercard.com/global/currencyconversion/ . The Mastercard conversion rate may vary throughout the day and is not set by Us.

Note that exchange rates can fluctuate and that they may change between the time when the Transaction is made and the time when it is settled and billed to Your Card. A foreign exchange management fee will apply as set out below:

Paying with Your CardPayment with Your Card in Your Card's currency(1)free
Payment in a different currency than Your Card's currency(1)free
Foreign exchange management feeFee applicable on all operations made in a different currency than the Card's currency1%
(1) Note: some merchants, in some countries, may charge an additional fee for payment by card. These fees, which are set by the merchant, will be notified to You at the time of purchase.
LOAD AND TRANSFER FEES
Load Your CardBank transfer load feefree
INTERNET AND CUSTOMER SERVICE
Web Service feesActivationfree
Obtain Your balancefree
Obtain the details of all Your transactionsfree
Retrieve and print statementsfree
Block or unblock Your Cardfree
Declare Your Card lost or stolenfree
OTHER COSTS
Chargeback Management£20per chargeback
We do not recommend using a virtual Card to purchase an item over the Internet that subsequently would require the presentation of a physical reference device in order to obtain that item. Examples include certain theatre ticket purchases, hotel stays, car rentals, and online purchases picked up in person.