Sterling Premium Card

Sterling Premium is a subscription product, designed to always have your back on rainy days with lots of amazing benefits.

• Need extra cash? Get an overdraft with zero interest.
• Your very own MasterCard, free of charge.
• Enjoy a monthly movie night with two tickets on us.
• Need a change of scenery? Enjoy Café One co-working spaces whenever you need.
• Feeling under the weather? Connect with doctors on Tremendoc without leaving your couch.

Joining the Sterling Premium Club is strictly by invitation but to stand a higher chance, you must:

• Maintain an active account with us.
• Showcase a strong credit history with the credit bureau.

For just N5000 a month, you can be a part of Sterling Premium.

Your first Sterling Premium subscription bill of N5000 will be charged on the 20th of the month and subsequently every 20th of the month going forward. The bottom line: there are no hidden fees, no late fees, and definitely no default fees.

Think of the Sterling Bank Overdraft as your financial safety net. It’s like a friend that lends you money for a short term when your account hits Zero.

No application is required for Overdrafts at the moment.

While currently tied to Sterling Premium, this feature will soon be accessible to everyone.

Open an account today to begin enjoying these benefits.

There are no interest fees on overdrafts.

If you cancel before the 20th of the month of your sign up, you will not be charged for your subscription. Your subscription will auto-renew until cancelled.

Even if you cancel, you will use your Premium card but lose new and existing benefits associated with your Sterling Premium subscription, such as interest free overdrafts, no late fees, movie tickets, access to Café One and Tremendoc, and more.

Currently, overdraft limits are predetermined based on your account activity.

You can access your overdraft when:

• Your personal funds are insufficient.
• A transaction surpasses your available balance.

For instance, if you wish to make a N30k purchase with only N20k in your account, the overdraft will seamlessly cover the difference.

Absolutely. you can transfer funds from your overdraft to Sterling Bank and other bank accounts. You can also use your overdraft for cash withdrawals, web transactions, and more.

Repayment is automatically triggered when funds are deposited into your account.

You’ll only need to repay the overdraft amount and the subscription fee.

The outstanding amount equals Outstanding Overdraft + N5000 subscription.

No interest rates will ever apply.

If you’re facing financial challenges, especially in case of overdrawn accounts, please reach out to us. We’re here to assist you.

Certainly, you can opt out without incurring any charges. However, do note that opting out will result in the loss of access to the associated benefits.

No, a Personal Overdraft is distinct. It’s a line of credit linked to your account, eliminating the need for an extra account.

Unlike a Credit card, which requires a physical card for access and a specific monthly repayment amount

Unlike personal loans, Sterling Premium’s overdraft is a reusable credit line doesn’t have a fixed term, and you can tap into it again and again over time.