ITZ Cash Cards:
I have been using ITZ cash cards for over 3 years now.
The major benefits:
1. Easy and Safe to use.
2. Available at many locations esp. in Mumbai/Metro Cities
3. IRCTC ticket booking is cool with ITZ. Even cancellation or erroneous transactions get a refund in 48 hours
4. Multiple Denominations
The Major Cons / Drawbacks:
1. They have stopped balance transfer between cards. So if you have just 50-60 or 100 rs left in a card and do not have any such bills or utility to pay for, this money goes free charity to ITZ CASH. Which is very unethical.
2. Dealers charge a Home Delivery charge of Rs. 20/- This is not charged by other cash cards
3. Dealers always deny that they have a ITZ cash card of INR 500 or 1000 in stock. They keep pushing higher denomination/value to purchase. The expiry date is just 6 months so it has now become very cumbersome to go for this card.
4. Dealers often give old cards, so that once u open them their validity is lesser - as per mfg. date
5. Customer service is pathetic - they never respond to Emails or SMS help
I have now stopped using ITZ cash for the reason that every time some min. balance left in a card of rs.25 to 75 goes waste.
I do not recommend to use this card except in case of round figure payments of 2000 or more.