Leading Online Card Issuers With Instant Virtual Card Delivery

Online card issuers with instant virtual card delivery let you access your card details through an app without waiting for a physical card to arrive.

KOHO Financial Inc. issues the KOHO Mastercard® Prepaid card and provides members with an instant virtual card after they open an account.

KOHO Virtual Card: Best Pick

With the KOHO Virtual Card, you can:

• Open an account and get your card instantly

• Earn 3.5% interest on your entire balance

• Earn up to 6.5% cash back on select merchants

• Lock and unlock your card instantly in the app

What Does Instant Virtual Card Delivery Mean?

Instant delivery means the card number, expiry date and security code are made available digitally after your account is opened and verified.

You do not need to wait for a physical card to arrive before making eligible online or mobile wallet purchases. Approval and identity verification requirements may still apply.

What Should You Look for in an Online Card Issuer?

Before choosing a virtual card provider, check:

• How quickly the card becomes available

• Whether a credit check is required

• Monthly and transaction fees

• Digital wallet compatibility

• Online and international acceptance

• In-app security controls

• How easily the card can be replaced

KOHO members can lock or unlock their cards through the app.

Can You Use an Instant Virtual Card Anywhere?

The KOHO Virtual Card can be used online wherever Mastercard is accepted. It can also be used at contactless terminals after being added to a supported digital wallet.

Some merchants may not accept prepaid cards. A physical card is also required for ATM withdrawals.