Caracta:
Is there a Nigerian bank that does not issue credit cards?

iomoge2:
Stanbic IBTC AND Diamond Bank issues credit cards na.

Caracta:
Is there a Nigerian bank that does not issue credit cards?

RichYoungNigga:

Do you know what a credit card is ??
I doubt

StillBrandnew:

None that I know of.

Foreign banks literarily beg people to come get their credit cards.

I'm not talking about prepaid debit cards o!

StillBrandnew:

A lot of people confuse credit cards with the ATM debit cards.

StillBrandnew:

A lot of people confuse credit cards with the ATM debit cards.

RichYoungNigga:


Please, stop showing your ignorance.

Big girl for mouth.

What Nigerian banks issue is ATM card.

Wow, big girl

RichYoungNigga:

Please, stop showing your ignorance.
Big girl for mouth.
What Nigerian banks issue is ATM card.
Wow, big girl

fulfillment2020:
It's not called ATM card, its called Debit card.

Wow, Big boy.

RichYoungNigga:



What Nigerian banks issue is ATM card.

RichYoungNigga:


ATM card is not debit cards.
Atm card is a card issued by your bank and you can be able to use the money you have in your bank account.

Debit card is a card you buy in the store or order it online (example is Bluebird debit card, Accountnow, Brinks prepaid card) and the only way you can put money in them is to go to Walmart, Kmart, Dollar tree or Dollar family, hand them over the money you want to add to it

StillBrandnew:

Yeah! It's more like banks give you access to spend a certain amount over a period of time to pay back in future with interests.


I hope the requirements are not too stringent.



Thanks a lot. I'll check out those links and see.
Some people I know on NL will still try to evade the banks after huge credits have been received

Caracta:


ATM card? Ain't they all ATM cards since they are used on ATMs? Educate me bro. Do we have cards separately for ATMs and another for POS and other alternative channels?

StillBrandnew:

The efforts of the last CBN governor in his bid to make the Nigerian economy cash-less is credible.

So far, we have seen positive results with more businesses adopting the P.O.S electronic payments system.

There were hiccups initially with bad networks and lack of electricity to keep them charged but somehow they meandered through it all and more people are now opened to swiping their cards in restaurants and supermarkets.

I for one don't usually carry cash. I usually make my withdrawals and shop for my immediate needs for at least a couple of days. Then I'm left with a little money which is somehow sensible and safe in the sense that I stand to loose a lot less just in case of a robbery or mere carelessness.

Such instances have happened to me in the past and In some cases I was a bit lucky while sometimes I lost a lot.

The crux of the matter now and the reason for this write up is the issue of access to credit.
I for one love credit, not just because I could get something I couldn't afford at any point in time but for the convenience attached to it.

Nigerian mobile networks have been able to adopt this credit facility as a strategy to sell even more with MTN's extra credit and other products by Aitel, Etisalat and Glo.

I think it's about time Nigerian banks start issuing Credit cards to their loyal customers and not just salary accounts as being practised by some banks.

With the new BVN policy which is being put into effect by the CBN, I believe a more accessible credit line being offered by Nigerian banks would expand the economy. This is speaking from a layman's point of view.

There should also be credit assessments and credit scores awarded to customers who transact more with such cards. I am not an economist but common sense only tells me that would be a better way to put the several billions of dollars lying fallow in a few people's accounts.

Great economies around the world are build by ordinary people with small businesses and the Nigerian economy cannot be build on a few people's business empires I.e Dangote and the likes.

Please let the appropriate authorities know so at least the economic hardship the common man is feeling can be eased up a little bit.

Easy access to credit is convenient, easy access to credit means growth.



Just thinking out loud.

Icecomrade:

Skye Bank issue credit cards. Both Naira and USD

Most Nigerians are not credit worthy and recovery is usually a huge issue.
Light stringent measures are in place to curb defaults.

Go! Enjoy the Skye Bank credit card

RichYoungNigga:


ATM card is not debit cards.
Atm card is a card issued by your bank and you can be able to use the money you have in your bank account.

Debit card is a card you buy in the store or order it online (example is Bluebird debit card, Accountnow, Brinks prepaid card) and the only way you can put money in them is to go to Walmart, Kmart, Dollar tree or Dollar family, hand them over the money you want to add to it