Get a Credit Card that is right for you

Ultra Classic credit card

A card that provides access to a revolving line of credit to meet financial needs of a cardholder. At the conclusion of each month, it often allows cardholders control over their spending against their salary payments and assets.

Ultra Gold credit card

A gold credit card gives more in addition to the convenience in making payments. It acknowledges you have an above average spending limit and provides you with benefits that suits your lifestyle.

A gold credit card gives more in addition to the convenience in making payments. It acknowledges you have an above average spending limit and provides you with benefits that suits your lifestyle.

Features and Benefits
  • Easy access to a revolving line of credit
  • Naira denomination
  • Flexible repayment option
  • Worldwide acceptance wherever the Visa logo is displayed
  • Up to 45 days of interest free period
  • EMV compliant (Chip and PIN technology)
  • Contactless capability
  • Supplementary card / Additional card for a loved one
  • Shop and make online payments worldwide
  • 3D secure transactions required One-time password (OTP) for verification
  • 3-year card validity
  • Exiting offers and discounts when you spend locally and internationally
  • 24-hour contact center support
  • Free access to wide range of medical and legal advice for Visa Gold Cardholders.. Please call +44 (0) 208 762 8373 for assistance.
  • Visa’s Global Customer Assistance Services
  • Issuance fee = ₦ 1,000
  • Supplementary card fee = ₦ 1,000
  • Annual maintenance fee = FREE
  • Quarterly maintenance fee = ₦ 50
  • ATM Charges = 3%
  • POS/WEB Charge = FREE
  • Insurance fee = 2.5% per annum
  • Local ATM withdrawals: ₦ 250,000
  • Local POS transactions: ₦ 2,000,000
  • Web transactions: ₦ 1,000,000
  • Credit Limit up to ₦ 499,999

Ultra Platinum credit card

The card offer features and benefits for the sophisticated business and leisure traveler’s. A world of privilege awaits you.

The card offer features and benefits for the sophisticated business and leisure traveler’s. A world of privilege awaits you.

Features and Benefits
  • Easy access to a revolving line of credit
  • Naira denomination
  • Flexible repayment option
  • Worldwide acceptance wherever the Visa logo is displayed
  • Up to 45 days of interest free period
  • EMV compliant (Chip and PIN technology)
  • Contactless capability
  • Supplementary card / Additional card for a loved one
  • Shop and make online payments worldwide
  • 3D secure transactions required One-time password (OTP) for verification
  • 3-year card validity
  • Exiting offers and discounts when you spend locally and internationally
  • 24-hour contact center support
  • Exclusive benefits at over 900 hotels around the world
  • Free access to wide range of medical and legal advice for Visa Platinum Cardholders.. Please call +44 (0) 208 762 8373 for assistance.
  • Visa’s Global Customer Assistance Services
  • Discount on personal fast track services at over 380 international airports.
  • Issuance fee = ₦ 1,000
  • Supplementary card fee = ₦ 1,000
  • Annual maintenance fee = FREE
  • Quarterly maintenance fee = ₦ 50
  • ATM Charges = 3%
  • POS/WEB Charge = FREE
  • Insurance fee = 2.5% per annum
  • Local ATM withdrawals: ₦ 250,000
  • Local POS transactions: ₦ 2,000,000
  • Web transactions: ₦ 1,000,000
  • Credit Limit up to ₦ 1,999,999

Ultra Black credit card

The card is a premium card that offers high class leisure and travel privileges. A world of exclusivity is designed to enrich your lifestyle.

The card is a premium card that offers high class leisur and travel priviledges. Aworld of exclusivity is designed to enrich your lifestyle.

Features and Benefits
  • Easy access to a revolving line of credit
  • Naira denomination
  • Flexible repayment option
  • Worldwide acceptance wherever the Visa logo is displayed
  • Up to 45 days of interest free period
  • EMV compliant (Chip and PIN technology)
  • Contactless capability
  • Supplementary card / Additional card for a loved one
  • Shop and make online payments worldwide
  • 3D secure transactions required One-time password (OTP) for verification
  • 3-year card validity
  • 24-hour contact center support
  • Exclusive benefits at over 900 hotels around the world
  • Free access to wide range of medical and legal advice for Ultra Visa Cardholders.. Please call +44 (0) 208 762 8373 for assistance.
  • Visa’s Global Customer Assistance Services
  • Discount on personal fast track services at over 380 international airports.
  • Airport Lounge-KeyAccess – Visit www.loungekey.com/ssasignature
  • Concierge Services – visit concierge@visasignature-SSA.com
  • Extended warranty – For further assistance, please call +44 (0) 207 136 8631
  • Travel insurance – www.cardholderbenefitsonline.com
  • Issuance fee = ₦ 1,000
  • Supplementary card fee = ₦ 1,000
  • Annual maintenance fee = FREE
  • Quarterly maintenance fee = FREE
  • ATM Charges = 3%
  • POS/WEB Charge = FREE
  • Insurance fee = 2.5% per annum
  • Local ATM withdrawals: ₦ 300,000
  • Local POS transactions: Limitless
  • Web transactions: Limitless
  • Credit Limit up to ₦ 5,000,000

Let's Look at John

John gets a card with limit of N100,000 and spends N50,000.

Scenario A: If John pays back the N50,000 during the repayment period, he will not be charged any interest.

Scenario B: If John cannot repay the N50,000 (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 N45,000 (N50,000 – N5,000) and a 2.5% Interest on this N45,000 = N1,125 bringing his outstanding to N46,125.

*John must make at least 10% so as not to charge a late repayment fee.

FAQ on Ultra Cards

Sterling Visa card is a revolving Naira denominated Card designed to address customer’s needs for convenience and short term loans. The bank assigns appropriate credit limit to cardholder after credit scoring.

Sterling salary account holders, Sterling bank HNIs customers, business owners willing to secure the approved card limit with their investment /cash domiciled in the Bank and non-Sterling bank account holders

Visa Classic, Visa Gold and Visa Platinum – N1000

Visa Signature -N50000

Visa Infinite – $500

Upon receipt of your completed application, if found eligible for a credit card, your new credit card will be delivered to your branch within 5 working days from the date all the necessary information is received.

To activate your Sterling Card and generate a PIN of your choice, you must:

  • Call our CustomerCare numbers on 01 – 4484481 – 5 for card activation.
  • Once activation has been confirmed you are required to visit any nearest Sterling bank ATM to generate a four-digit PIN.

To generate your ATM PIN:

  • Insert your card and input any four digits PIN of your choice, select the option ‘PIN CHANGE’ and then choose ‘ATM PIN’.
  • Enter a new four digit PIN (different from the earlier one entered) and re-enter same for confirmation
  • Wait for the ATM to display “PIN CHANGE SUCCESSFUL”

ATM withdrawal Fee(Local)

3%

POS/WEB Fee (Local & International

NIL

 

Monthly Fee

Annual Fee

Visa Classic

N50

N/A

Visa Gold

N50

N/A

Visa Platinum

N50

N/A

Visa Signature

N/A

N20000

Visa Infinite

N/A

$200

 

Upon approval of customer’s request, a credit limit is assigned to customer based on his/her income, current indebtedness and capacity to repay. The total amount utilized does not need to be repaid entirely each month, a monthly minimum payment as stated in your statement is required to keep the card functional and interest will be charged on the unpaid balance after the 45days interest free grace period.

Your Card statement is generated every first day of the month and forwarded to your personal email address.  If you do not receive your statement within 3 days from stated date, kindly contact customercare@sterlingbankng.com  and your statement will be sent to you

The payment due date is 30th day of every month after receiving the statement.

The least amount you must pay by the due date is the “minimum repayment”, found on your monthly statement. This amount is usually percentage of the total utilized amount plus all fees and interest. e.g., if you withdraw N20,000 plus N600 charge, you are to repay at least 10% of 20,600 which is N2060.

You can choose to pay 100% amount due and no interest will be charged on the card but if you choose to pay at least minimum amount due, the remaining balance will be carried over to the next statement period with the applicable interest charge on it.

Interest is calculated on the outstanding balance on your credit card (i.e. after making the minimum repayment), interest is calculated on the unpaid balance.

Cardholder is expected to make at least minimum payment of total outstanding balance on or before the due date (30th of the succeeding month), late payment fee of N2000 flat will be charged to your card inclusive of interest. Your Visa Credit Card account will be force debited for repayment. If after 60days (two cycles), repayment is not made, system automatically deactivates your card.

– Partial Repayment: If part of the total outstanding amount due(Which is less than the minimum repayment amount) is paid before end of the month, you have only reduced your total indebtedness and after end of the month, you will still be required to make payment of at least your minimum amount due on or before payment due date .

– Minimum Repayment: If the advised minimum repayment amount is made available on or before the 15th of the succeeding month, the remaining balance will be carried over to the next statement period with the applicable interest charge on it.

– Full Repayment: If total outstanding amount due is paid before end of the month, you have cleared your total indebtedness and when statement is generated, your outstanding amount to be paid will be zero (0).

You can make payments in several ways:

– Through Alternative Channels(Internet banking, mobile banking)

– Complete a deposit slip with the card account number and pay over the counter.

Please notify us immediately by calling our Customer Care on 01- 4484481-5. This will protect you from subsequent unauthorized use of your card and enable us to provide you with a replacement card.

Yes you can have supplementary card attached to your card. You and your supplementary cardholder shall share a single credit limit.

Yes you can have supplementary card attached to your card. You and your supplementary cardholder shall share a single credit limit.

If you notice any unauthorized transaction on your card, kindly call our Customer Care immediately on 01-4484481- 5 or email customercare@sterlingbankng.com

If you have any complaint, kindly contact your branch or call 07008220000 or email customercare@sterling.ng