Is Caresito an insurance?

Caresito is a mobile lifestyle wallet that lets you save, send or request money from friends and family to pay for lifestyle expenses. It is not an insurance. Caresito can be used to save and pay for rainy day and emergency expenses.

Can funds on Caresito be withdrawn?

Funds on Caresito can only be used to pay for lifestyle expenses. If one decides to withdraw cash from Caresito, you will be charged a nominal fee.

Who qualifies to register for Caresito?

Anyone who is above the age of 18 years with a bank account or credit card is eligible to register for Caresito.

How much does it cost to transfer funds to my Caresito wallet?

Transactions from your bank account or credit card to your Caresito wallet are free of charge.

How often can I transfer funds into my Caresito wallet?

You can transfer funds into your Caresito as often as you wish. Additionally, you can set up funds to be transferred to your Caresito wallet on a preset schedule (daily, weekly, monthly or quarterly). There is no limit to the number of times you can transfer funds the Caresito wallet.

What is the minimum amount of funds I can transfer to my Caresito wallet?

The minimum amount you can transfer to Caresito is $20.

What is the maximum amount of funds I can store in Caresito?

There is no maximum limit of funds you can store in Caresito.

What happens if I don’t have sufficient funds in my Caresito wallet to pay for healthcare services?

You can only use Caresito to pay for lifestyle products and services up to the value of funds you have saved in you Caresito wallet. You can always top off your wallet by transferring funds from your bank or credit card accounts to Caresito.

Where can I use Caresito?

You can use your Caresito wallet to pay for lifestyle products and services wherever credit cards (Visa or MasterCard) are accepted. Caresito wallet provides you with a physical debit card and a secure virtual credit card number to pay for lifestyle products and services.