Welcome to Kasheesh: Your Guide to Smart Spending

Kasheesh is a cutting-edge financial technology platform that revolutionizes the way you manage your spending. With Kasheesh, you can create a virtual Mastercard Debit Card by combining up to 5 of your existing credit or debit cards, allowing you to split payments across your cards both online and at physical stores. This innovative approach provides you with unprecedented flexibility and control over your finances.

1. Multi-Use Card: Our primary virtual card supports Tap-to-Pay functionality, making it perfect for everyday use. With multi-use cards, we only charge your cards when you make a purchase or make a payment.

2. Single-Use Card: For added security on one-time purchases, we offer single-use virtual cards. We charge your cards when you create a single-use card, so think of it like a pre-loaded card.

3. Mastercard Powered: All our virtual cards are backed by Mastercard's global network and security.

Note: Kasheesh is not a Buy Now, Pay Later service. Instead, it leverages your existing credit to help you make payments more efficiently.

Before you can start using Kasheesh, you'll need to verify your identity. We use Plaid, a secure financial services platform, to ensure the safety of your information. For more information on this: Understanding Kasheesh Verification Process

Once your identity is verified, it's time to add your cards. Here's how:

1. Navigate to the Accounts page.

2. You have two options for adding cards:

   • Link through Plaid: Click on "Add Account" to securely connect your bank accounts or when a card is manually added, click on the "brain".

     

     Benefits of linking with Plaid:

     • Smart split for single-use purchases

     • View all your account balances from a single screen

     • Higher spending limits (More info on Spending Limits)

   • Manually add a Card: Click on "Add Card" to input your card details manually.

   • Be sure to Confirm your Card if needed.

3. Select Your Preferred Cards

   • After adding your cards, "Star" ⭐️ the ones you want to use for splitting payments.

We recommend creating a Kasheesh multi-use card for most users. The Multi-Use Card is the cornerstone of the Kasheesh experience, offering unparalleled flexibility by allowing you to combine multiple funding sources into a single, powerful virtual card.

• How to create a Multi-Use Card:

  1. Click on "Create New Card"

  2. Choose "Multi-Use Card",

  3. Set the desired percentage for each card you want to use. Must equal 100%.

  4. Review and confirm your Multi-Use Card details

• Multi-Use Card Benefits:

  • Consistent card number, but you can swap out underlying cards anytime

  • Save to your favorite stores and use for recurring purchases

  • Add to Apple/Google Wallet for on-the-go convenience

  • Your linked cards are charged only when you use your Kasheesh card.

• Multi-Use Cards are ideal for:

  • Everyday purchases and regular spending

  • Recurring bills or subscriptions you want to manage flexibly

  • Situations where you want to split purchases across multiple funding sources

  • Users who want a single card for various types of transactions

  • Adding to digital wallets for convenient mobile payments

  Note: You can have only one multi-use card at a time, but you can adjust its underlying cards and split percentages at any time.

For added security and convenience, we also offer one-time use cards. Here are some important things to know about single-use cards:

• How to create a Single-Use Card:

  1. Click on "Create New Card"

  2. Choose "Single-Use Card",

  3. Set the desired amount to each card.

  4. Review and confirm your Single-Use Card details

• Single-Use Card Benefits

  • One-Time Use: Can only be used once, providing enhanced security.

  • Pre-loaded Functionality: Funds are withdrawn immediately upon card creation, not at purchase.

  • Exact Amount Matching: Transactions are declined if they don't match the exact card amount.*

  • Billing: Charges appear as "KASHEESH" or "KASHEESH, INC." on your statement.

  • Unused Cards: Become inactive if not used, with charges reversed within 2-3 days.

• Single-use cards are ideal for:

  • Subscriptions you don't want to renew automatically

  • One-time purchases or specific splits

  • Users who are particularly security-minded

*Some retailers, such as Amazon, may charge your card separately for each item as it ships, rather than charging the full amount at once, especially if your order contains multiple items that ship at different times. This is an instance where a Single-Use Card would decline due to a mismatch in amount, and therefore we recommend using the Multi-Use Card for Amazon and similar stores.

Both multi-use and single-use cards incur a 2% transaction fee. However, keep an eye out for promotions that might waive or reduce these fees through our newsletter and through our blogs: Finance Academy

Also, be on the lookout for our Rewards feature we are looking to launch in the near future!

Now that you're all set up, you can start enjoying the benefits of Kasheesh. Remember, our platform is designed to give you more control over your spending by allowing you to combine your existing credit and debit cards into versatile virtual cards.

For any questions or support, don't hesitate to reach out to our customer service team. Happy spending!