The Financial Card for Wellbeing (FINABIEN) allows users to have a reliable means to make deposits and purchases anywhere in the world. We tell you how it works and the steps to acquire it.
What are financial cards for Wellbeing?
The Financial Card for Wellbeing is a Mastercard debit card that offers a series of benefits to its users, such as the possibility of receiving remittances from the United States instantly, making purchases in national and international establishments, and paying for services and products online.
The benefits of the Financial Card for Wellbeing include:
- Receiving remittances from the United States instantly: The card allows you to receive remittances from the United States instantly, without any additional cost.
- Purchases in national and international establishments: The card is accepted in millions of establishments around the world.
- Payment for services and products online: The card can be used to pay for online services and products, such as Netflix, Spotify and Amazon.
The Financial Card for Wellbeing is a useful tool for people looking for a safe and convenient way to receive remittancesmake purchases and pay for services.
Which Bank is Financiera para el Bienestar?
The Financial Card for Wellbeing is issued by Banco del Bienestar, National Credit Society, Development Banking Institution. Banco del Bienestar is a state bank that was created in 2020 to promote financial inclusion in Mexico.
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How to activate the Financial for Wellbeing card?
There are two ways of Activate the Financial for Wellbeing card:
Through the mobile application:
- Download the “Financial for Wellbeing” application on your smartphone.
- Open the app and create an account with your email and password.
- Enter your card number and the security code found on the back of the card.
- Follow the on-screen instructions to complete activation.
At a Banco del Bienestar branch:
- Go to any Banco del Bienestar branch.
- Present your valid official identification and your Financial for Wellbeing card.
- Branch staff will help you activate your card.
Once the card is active, you can use it to make purchases, withdraw cash and make bank transfers.
Requirements to obtain the Financial Card for Wellbeing
- Age: The applicant must be of legal age, that is, 18 years of age or older.
- Official ID: The interested party must present a valid official identification, such as INE, passport, driver’s license or consular registration.
- Email: The applicant must have an email.
In addition to these requirements, the interested party must present the following documents:
- Proof of address
- Cell phone number
If you meet all the requirements, you will be able to obtain the Financial Card for Wellbeing. The application process is simple and can be done at any of the more than 1,700 Financiera para el Bienestar branches throughout the country.
Once the request has been completed, the user will receive their card within 15 business days. The card is activated by making a minimum deposit of $50.00 pesos.
Where can you withdraw money from the Bienestar card?
Beneficiaries of the Bienestar card can withdraw money from the card at any time and anywhere in the country. However, It is important to keep in mind that Banco del Bienestar ATMs are not always available in all locations.
In this situation, some options to withdraw your money from the FINABIEN card are:
- Banco del Bienestar ATMs: Banco del Bienestar ATMs are the only ones that do not charge a commission for withdrawing money from the Bienestar card.
- ATMs of other banks: ATMs of other banks may charge a fee for withdrawing money from the Bienestar card. The amount of the commission varies depending on the bank.
- Convenience stores: Convenience stores such as Oxxo, Seven Eleven and Extra also allow you to withdraw money from the Bienestar card. However, these stores usually charge a commission for withdrawing money. The amount of the commission varies depending on the store.
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