Credit Cards in Nigeria: A Comprehensive Guide to Issuing Banks
Which Banks Offer Credit Cards In Nigeria: Nigeria boasts a diverse financial landscape with numerous banks offering a variety of credit card products. Whether you’re seeking to build credit, earn rewards, or access convenient financing options, exploring the credit card options in Nigeria can be a worthwhile endeavor.
Here’s a comprehensive guide detailing 20 prominent banks offering credit cards in Nigeria, along with information on their websites and some of their credit card offerings:
1. Access Bank Plc: Renowned for its diverse credit card offerings catering to various needs and lifestyles. https://www.accessbankplc.com/
Access More Credit Card: Earn rewards points on local and international spending.
Visa Gold Credit Card: Enjoy travel insurance, purchase protection, and airport lounge access.
2. Zenith Bank Plc: Provides credit card options for various spending habits and financial goals. https://www.zenithbank.com/
Zenith Platinum Mastercard: Offers travel insurance, airport lounge access, and concierge services.
Zenith Gold Card: Earn reward points and enjoy purchase protection benefits.
3. Guaranty Trust Bank Plc (GTBank): A leading Nigerian bank known for its innovative financial products, including credit cards. https://www.gtbank.com/
GTBank Gold Visa Card: Earn reward points and access exclusive discounts.
GTBank Dollar MasterCard: A dollar-denominated card for international transactions.
4. First Bank of Nigeria: Offers credit cards tailored to various spending categories and preferences. https://ibank.firstbanknigeria.com/
FirstBank Naira Credit Card: An internationally accepted card with reward points and purchase protection.
FirstBank Classic Gold Card: Provides travel insurance, airport lounge access, and concierge services.
5. Stanbic IBTC Bank: A member of the Standard Bank Group, offering credit cards with competitive features. https://ibanking.stanbicibtcbank.com/
Stanbic IBTC Platinum Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Stanbic IBTC Gold Card: Offers purchase protection, travel insurance, and concierge services.
6. United Bank for Africa (UBA) Plc: Provides various credit card options catering to individual and corporate needs. https://www.ubagroup.com/
UBA Platinum Mastercard: Earn reward miles, enjoy travel insurance, and access airport lounges.
UBA Gold Mastercard: Offers purchase protection, travel insurance, and concierge services.
7. FCMB (First City Monument Bank) Limited: Provides credit card options designed to meet diverse customer needs. https://www.fcmb.com/
FCMB Classic Gold Card: Earn reward points, enjoy travel insurance, and access airport lounges.
FCMB Naira Credit Card: An internationally accepted card with cash advance capabilities.
8. Keystone Bank Limited: Offers credit cards with features tailored to enhance financial management. https://www.keystonebankng.com/
Keystone Bank Visa Gold Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Keystone Bank Classic Card: Offers cash advance capabilities and purchase protection benefits.
9. Heritage Bank Plc: Provides credit card options designed to promote financial inclusion and empower customers. https://www.hbng.com/
Heritage Bank Gold Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Heritage Bank Classic Card: Offers purchase protection and convenient payment options.
10. Sterling Bank Plc: Provides credit cards with features geared towards rewarding customer loyalty. https://sterling.ng/
Sterling Verve Gold Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Sterling Naira Card: An internationally accepted card with cash advance capabilities.
11. Wema Bank Plc: Offers credit cards designed to cater to various spending habits and lifestyles. https://wemabank.com/
Wema Bank Platinum Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Wema Bank Classic Gold Card: Offers purchase protection and convenient payment options.
12. Union Bank of Nigeria Plc: Provides credit cards with features designed to enhance financial management and reward customer loyalty. https://www.unionbankng.com/
13. Polaris Bank: Provides credit card options designed for convenience and reward potential. https://www.polarisbank.com/
Polaris Bank Classic Gold Card: Earn reward points, enjoy purchase protection, and access airport lounges.
Polaris Bank Classic Card: Offers convenient payment options and cash advance capabilities.
14. Jaiz Bank Plc: Offers Sharia-compliant credit cards catering to the Islamic banking sector. https://www.jaizbankplc.com/
Jaiz Platinum Card: A Sharia-compliant card offering reward points, travel insurance, and airport lounge access.
Jaiz Gold Card: A Sharia-compliant card with purchase protection and convenient payment options.
15. Citibank Nigeria Limited: Provides credit cards with a global reach and access to exclusive benefits.
Citi Prestige Card: Earn reward points on international spending and enjoy global concierge services.
Citi ThankYou Preferred Card: Earn reward points on everyday purchases and access exclusive partner benefits.
16. Stanbic IBTC Islamic Banking: Offers Sharia-compliant credit cards tailored to Islamic banking principles. https://ibanking.stanbicibtcbank.com/
Salam Platinum Card: A Sharia-compliant card offering reward points, travel insurance, and airport lounge access.
Salam Gold Card: A Sharia-compliant card with purchase protection and convenient payment options.
17. Ecobank Nigeria Plc: Provides credit card options catering to individuals and businesses within the Ecobank network.
Ecobank Platinum Card: Earn reward points, enjoy travel insurance, and access airport lounges across the Ecobank network.
Ecobank Gold Card: Offers purchase protection, travel insurance, and convenient payment options.
18. Unity Bank Plc: Provides credit cards designed to cater to the financial needs of individuals and businesses.
Unity Gold Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Unity Classic Card: Offers purchase protection and convenient payment options.
19. Providus Bank Plc: Provides credit cards designed to enhance financial inclusion and empower customers. https://www.providusbank.com/
Providus Platinum Card: Earn reward points, enjoy travel insurance, and access airport lounges.
Providus Classic Card: Offers purchase protection and convenient payment options.
20. Heritage Bank Plc SME Banking: Offers credit cards specifically designed to cater to the needs of small and medium-sized enterprises (SMEs). https://www.hbng.com/
Heritage Bank SME Card: Provides financing solutions and facilitates business operations for SMEs.
FAQs about Credit Cards in Nigeria
1. What documents do I need to apply for a credit card in Nigeria?
Required documents typically include a valid ID, proof of income (payslips, bank statements, etc.), and proof of address. Specific requirements may vary depending on the bank and the card you’re applying for.
2. What are the eligibility criteria for getting a credit card in Nigeria?
You must be at least 18 years old and have a regular source of income. Banks also consider your creditworthiness, which involves factors like your credit history, employment status, and debt-to-income ratio.
3. What are the different types of credit cards available in Nigeria?
Banks offer various credit cards catering to diverse needs, including reward cards, travel cards, cashback cards, and Sharia-compliant cards.
4. What are the fees associated with credit cards in Nigeria?
Credit cards typically have annual fees, interest rates on outstanding balances, and other charges like cash advance fees and late payment penalties. Be sure to understand all associated fees before applying.
5. How can I improve my chances of getting approved for a credit card?
Maintain a good credit history by paying your bills on time and keeping your credit utilization ratio low. Building a healthy savings record and having a stable source of income can also improve your application’s strength.
Conclusion
The Nigerian banking landscape offers a variety of credit card options from numerous prominent banks. By understanding your financial needs, comparing available options, and ensuring responsible credit card usage, you can leverage these credit cards to manage your finances effectively, potentially earn rewards, and enjoy added convenience while making purchases. Remember to research diligently, compare features and fees, and choose a credit card that aligns with your specific financial goals and lifestyle.
source https://donprosper.com/20-list-which-banks-offer-credit-cards-in-nigeria/