NASS review

The monthly fee is IQD 0, and that is the only charge listed for holding the account. It is a prepaid card, so there is no borrowing to pay off and no interest to weigh. The cost sits with your spending rather than with the account itself.

NASS issues a prepaid card, which means you load money onto the account and spend it from there. The card works on visa, so it is accepted wherever Visa is accepted. A virtual card is also available for online payments.

A virtual card is part of the virtual card and travel list, alongside travel. It gives you a card number for online shops without handing over the physical card, and the physical card runs on visa.

Support runs on phone, so phone is the listed route for questions and problems. Check the balance before a large spend, because a prepaid card has no overdraft to fall back on, and keep the card number handy when you call.

A prepaid card changes the exposure, because you spend money already on the account rather than a current balance. Retail payment losses are common across the cards listed here, where the typical rate runs at 70.15%, so acting early on anything unfamiliar is the practical safeguard.

Several alternatives carry no monthly fee either: bunq lists €0, Varo Believe Secured Credit Card lists $0 and Wise lists £0. NASS sits at IQD 0, so price alone is not the reason to pick one over another.

It suits people who want one card for daily spending, a virtual card for online shops and a travel use case, with no charge beyond IQD 0. It is less useful if you hold several currencies, where a multi currency account such as Wise fits better.

Travel is one of the virtual card and travel features, and the card runs on visa, so it works outside the home market. Conversion costs are the thing to watch, since prepaid cards here typically show a currency conversion fee of 0.4%.