Take full control of your account with our credit cards.
A card that provides access to a revolving line of credit to meet financial needs of a cardholder. It typically gives cardholders control to manage spends against their salary payments and investments at the end of each month.
Key Features
24/7 access to your funds.
Secure and affordable
World-wide acceptance
No transaction limits*
Features & Benefits
Credit Card Fees
- Interest fee on amount spent (Outstanding): 2.5%
- Insurance premium on limit: 1%
- ATM Withdrawal Fee: 3%
- Card Fee: N1,000
- Late payment fee: N2,000
Repayment Period:
16th – 30th day following your spend date.
Credit Card Application
Let's look at John
John gets a card with limit of 100,000 and spends 50,000.
Scenario A: If John pays back the 50,000 during the repayment period, he will not be charged any interest.
Scenario B: If John cannot repay the 50,000 (amount spent), he is expected to make at least 10% of amount spent as repayment, this is therefore N5,000. Following that, he now owes 45,000 (50,000 – 5,000) and a 2.5% Interest on this 45,000 = 1,125 bringing his outstanding to 46,125 Naira.
