Where to get credit card in Nigeria

Credit Card Nigeria


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Posted by on Tuesday April 17, 2012 11:19:14:

If you are looking for a card product such as Visa or Mastercard, there are now readily available in Nigeria mostly from Nigerian banks.

Banks in Nigeria now offer Visa and Mastercard branded credit cards and in other to get one you just need to apply, fulfil the requirements and it would be available to you within a few days.

Requirements for getting credit cards from Nigerian banks
- A valid form of identification
- Passport photograph
- Filled application form
- References

What can you do with a credit card
- You can settle bills online
- You can use POS machines
- You can make withdrawals from ATMS.
- You can travel the world cashless.

Credit cards are like a loan instrument
Nowadays most Nigerians have easy access to credit from banks without having to go through the old process of securing a loan. A credit card is like a loan the bank gives you to manage your finances even before you receive your income as long as you can provide a valid source of income. You can pay for emergencies, travel round the world and pay in naira or dollars with your card. It makes life just easy.

Are Nigerian credit cards interest free?
It depends on how you use them and make your paybacks. Some banks offer you are period of grace during which you don't have to pay interest as long as you repay the loan. For instance, you could get access to such credit, use it and repay within 45 days, interest free.

Charges associated with Nigerian credit cards
Your credit card normally has some basic charges attached to it such as maintenance fee, cash withdrawal fee, late repayment fee. When you apply and get a card product, just look at the copy of the terms and conditions which will be given to you by your bank.



Comments:
Re: Where to get credit card in Nigeria Posted by olamide on Friday June 22, 2012 at 14:8:11:

pls i need a free credit card urgently





Comments:
Re: Where to get credit card in Nigeria Reply by Akinola on Monday January 18, 2016 at 15:29:10:

This is such a welcome development in Nigeria





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