What is Cake App? Is Digital Bank (Cake by VPBank) a scam?

What is a cake? It may sound strange in today's market, but it is also known as Cake App or Cake by VPBank digital bank, an application of VPBank bank. Today, to learn more about this digital bank, please see the article fully summarized by Banktop below.

What is Cake app (Cake digital bank)?

Cake App or Cake by VPBank is an application developed and created by VPBank and Be Group Joint Stock Company. When using, customers can perform banking-like transactions with the built-in Be car calling feature on the App.

Learn how to register and use VPBank internet banking in detail

Outstanding advantages of Cake digital banking application

You can download Cake App to your phone for free and use it anytime, anywhere. Some outstanding advantages of using Cake digital banking can be mentioned as follows:

Simple and fast online registration, receive a physical card at home.

Free withdrawals can be made at many ATMs nationwide belonging to banks in the Napas alliance.

Good interest rate savings service.

Deposit online with attractive interest rates.

You can earn commissions by referring friends to download App Cake and use it.

Is it really possible to make money from Cake?

You can earn money from Cake if you download the App and register to open an account, when you enter the referral code you will receive 50,000 VND. After that, you use your referral code to refer many other friends you can get an amount up to 500,000 VND.

Does Cake scam customers?

Cake Digital Bank was created by VPBank and Be Group Joint Stock Company. These are both large and reputable units in the market in the field of banking and finance and smart car-hailing services. So when you open an account and use Cake by VPBank, you can be assured of safety, security and no fraud.

Products and services on Cake App

Products and services on Cake App you can refer to such as:

Nationwide online money transfer and withdrawal service.

Create a payment account, Cake Pink Card, MasterCard, etc.

Send savings online.

Diverse and flexible consumer loan products and services.

Super Saver.

Learn how to register for VIB internet banking easily

How to register a Cake account

How to open a Cake by VPBank account

To register for a Cake account through Cake by VPBank, follow these steps:

Step 1: Download Cake App to your phone (Available for both iOS and Android) to register an account.

Step 2: Open the App and select “Cake now” and choose not to have an account to Register.

Step 3: Enter your phone number to receive OTP code sent to your phone.

Step 4: Fill in the required information to confirm your identity including: Take a photo of your ID/CCCD document front and back, take a photo of your face and fill in the accompanying information.

Step 5: Enter the username and password. Then enter the OTP sent to you to complete the account registration process successfully.

How to open a Master Card Cake debit card

The process of opening a Master Card Cake debit card, you follow the instructions:

Step 1: You select the Card section and select Card issue.

Step 2: Select the card color you want like pink, yellow, blue, green, etc.

Step 3: Enter the card receipt information. Once completed your card will be sent home in 3-5 days.

Step 4: Once you have received the card, you need to activate the Master Card Cake card before using it. To activate you go to the Card section and select Activate the card. Please enter the 16-digit information on the card you received. Save the PIN and confirm complete.

Instructions for depositing money into Cake account

Top up your Cake account via VPBank Online

Steps to top up Cake account through VPBank Online:

Step 1: Access VPBank application or website.

Step 2: Go to Other Service and select Top-up to Cake

Step 3: Enter the information about the amount you want to transfer, then enter the customer code which is the phone number you have registered for the Cake account.

Step 4: Complete and select Confirm, enter PIN to get OTP to complete the money transfer successfully.

Instructions for depositing money into Cake account

Top up Cake by bank transfer

Step 1: Go to the banking application or website you are using.

Step 2: Go to Quick money transfer and choose Cake by VPBank to make the transaction.

Step 3: It is required to enter the Cake account number you are using, which is the phone number you have registered.

Step 4: Enter the amount you want to deposit into Cake by VPBank bank and click confirm to complete.

Top up via Online Banking

To top up via Online Banking application to Cake digital bank, you also do the same:

Step 1: You choose to go to Cake and select Deposit.

Step 2: Enter the amount you want to deposit and select Continue.

Step 3: The system will display the source of money you want to top up, choose to top up via Online Banking.

Step 4: Fill in the required information and confirm to complete the transfer.

Detailed instructions on how to use Cake app from A - Z

Here are all the detailed instructions when you use the Cake App application. If you are using it for the first time and you are not sure how to do it, you can watch the step-by-step instructions of Banktop.

Transfer money to Cake account

Step 1: Access your Cake . account

Step 2: Enter the Cake account number to which you want to transfer money. In addition to transferring money to your Cake account, you can choose to transfer money to recipients saved in your contacts.

Step 3: Select the amount you want to transfer, make notes and fill in the required information.

Step 4: Confirm to complete the successful transfer.

Transfer money to another bank account

In addition to transferring money from Cake bank to another Cake bank, you can also transfer money from Cake to 1 other bank.

Step 1: To do this, go to another bank and choose the method of money transfer, which is via Card Number/Account Number.

Step 2: Select the bank you want to transfer and fill in the beneficiary's account information.

Step 3: Enter the amount, make notes and double check all information. Select Confirm to receive an OTP to complete the transaction.

Check transaction history

On the App Cake interface, select Cake => select Transaction. All information about transactions by day/month/year will be fully displayed for you to easily track and look up.

How to open an ATM card online on Cake

Step 1: You access the Cake section and select Cards.

Step 2: Select Issue now and choose the card color you want.

Step 3: Fill in the required information and enter the address to receive the card.

Step 4: Once completed, your card will be delivered to your door at the address you entered.

Activate Cake ATM card

When receiving the card, before using it, you need to activate the card. The procedure to do so is as follows:

Step 1: Go to the Cake section and select the Tab Tab.

Step 2: Select the card image and click Activate card.

Step 3: Here, enter the 16 numbers on the card you just received. Proceed to create a PIN to confirm.

Step 4: The system will notify you that you have successfully activated the card, now you can use the card and change the information if you want.

Card Lock & ATM Card Unlock Cake

Step 1: Access the Cake section and select the Card tab.

Step 2: Select Card Lock and confirm to receive the OTP code.

Step 3: Enter the OTP code to complete the card lock, at this time the card icon will be locked.

To reopen the card, you just need to select the Card and press Unlock to be able to use it again normally.

Register for re-issuance of lost Cake ATM Card

Step 1: Access the Cake section and select the Card tab.

Step 2: You select Report lost card and issue, require you to have a balance of at least 55,000 VND in your account.

Step 3: Confirm and enter the OTP code to complete the request to reissue the lost Cake ATM card.

Change your Cake ATM card PIN

Step 1: Access the Cake section and select the Card tab.

Step 2: Select change PIN and proceed to enter 4 new PIN numbers that you want to change.

Step 3: Enter the new PIN one more time to confirm.

Step 4: Enter the OTP code and complete the PIN change process successfully.

Pay online with Cake card

Step 1: Access the Cake section and select the Card tab.

Step 2: Select Set up online payment.

Step 3: If you want to change the limit, you can choose the limit you want in the Settings section.

Step 4: Confirm and enter the OTP to complete the setup.

Detailed instructions on how to use Cake app from A - Z

International payment with Cake card

Step 1: Access the Cake section and select the Card tab.

Step 2: Go to international payment settings.

Step 3: If you want to change the limit, you can choose the limit you want in the Settings section.

Step 4: Confirm and enter the OTP to complete the setup.

Recharge your phone

Step 1: You go to Telecommunications services and go to Top Up.

Step 2: Enter the phone number you want to top up and select the amount you want to top up.

Step 3: Confirm and complete. Note that Cake bank does not support recharge with Viettel network.

Pay the bill

You can also pay bills such as electricity, water, Internet, etc. through Cake digital bank. To do this, go to the Billing section and select each invoice item to make payment.

Cake App service fee schedule

Cake by VPBank is a convenient and smart digital bank and when customers register and use the service at Cake bank, they will also be free with a variety of fee schedules such as:

Fees for SMS messages.

Fees for transferring money in the same system, different systems and banks

Other management service fees.

Evaluate the advantages and limitations of the digital bank Cake app

Advantage

When using App Cake digital banking, you will also have great experiences with advantages such as:

Registering an account is free, easy and fast.

Issue Cake cards with colorful personality.

The transaction of receiving money transfer is fast, free and can pay for many types of services.

The outstanding feature of Super Save helps customers to save flexibly with their idle money.

Limit

Besides, there are also some limitations such as:

High foreign currency conversion fees make the demand for foreign payment transactions cause certain limitations for customers.

Some features are still limited such as issuing credit cards, scanning QR codes or borrowing money online, etc.

Restrictions on service partners.

Sometimes there will be an error that the system cannot trade.

Conclude

Thus, through the article Banktop helped you understand in more detail what Cake is, how Cake by VPBank has outstanding advantages and is reputable or not, etc. to use. Surely readers also have an overview of this smart digital bank, if needed, they can also register and experience.

Information edited by Banktop.vn