Visa card Nigeria – You may know about MasterCard, Verve Card and many other card services company but I doubt if you know much about Visa card, its magic and its wonders.
Apologies is you do know much but still I want your audience and you unalloyed attention because there is a new package waiting for you to take home in this finance blog.
Please find below our major outlines in this topic:
- What is Visa card Nigeria
- How much is Visa card in Nigeria?
- Visa Card Nigeria and usage abroad
- How long does it take to get a Visa card?
- Is a Visa debit card a credit card?
- Visa electron in Nigeria
What is Visa card Nigeria
This is the Nigeria Naira denominated credit card or debit card Visa Card issued by Nigerian banks to its customer under certain terms and conditions to be used for their financial transactions on Automated Teller machines (ATM), Point of Sales (POS), Online Purchases and other various payment outlets.
With the above, there is no need for you to ask what is a Visa card used for anymore since it is clearly stated that financial transactions on Automated Teller machines (ATM), Point of Sales (POS), Online Purchases and other various payment outlets.
This card is good and it is worth having but before you own one; you need to know what awaits you first which is…
How much is Visa card in Nigeria?
The cost of getting a Visa card in Polaris bank and other banks is N1,075.00 only. Please find below the breakdown of this amount:
- Cost of Card itself paid into the card stock GL is N685.00
- The Bank’s commission is N315.00
- The VAT paid is N75.00
With this pricing now, we will take you to the other aspect which is…
Visa Card Nigeria and usage abroad
You night have seen or heard people asking these questions:
- Can Visa debit cards be used internationally?
- Are all Visa cards International?
- Can I withdraw money from my Visa debit card in another country?
The answer to all is yes. Visa card is one of the banks cards that are overly used in many countries of the world.
Now another beautiful thing with Visa Card is that it doesn’t take time to get. Visa cards are now issued as Instant cards in Nigerian banks and the turnaround time (TAT) for its delivery into the customer’s hands is 5 minutes
The above serves a big plus on how long does it take to get a Visa card?
Before we wrap up this Visa Card in Nigeria can be used either as credit card or as a debit card. When it is used as a debit card; it is mapped to the person’s bank account directly such that debits his the account as there are made.
When they are used as a credit card; it is loaded with certain amount of money from which a direct debit is made upon all withdrawals. This settles the inquiries on is a Visa debit card a credit card?
Virtual visa card in Nigeria
This is a digital online shopper’s Visa Card designed for financial transactions without having to use the physical MasterCard itself.
This card aids fundamental online shoppers to use this card for security reasons instead of using other cards that are linked to their major bank accounts.
This card serves as alternative when you forget your card at home but want to make an urgent internet purchases.
Conclusion:
Visa Card is very user friendly and it serves as the name portrays. The testimony is better in the usage than the tales.
Own one now. You may also read: MasterCard in Nigeria
FinanceDropbox is the brain child of Okekeobi Chisom Ferdinand, a seasoned Banker. He holds in his treasure box a whopping 13 years of Banking experience from which you are being furnished with the very best of financial information and blogs.
You’re free to bug me with your financial info worries.
Be assured of my unalloyed availability anytime you need me.
Okekeobi Chisom Ferdinand
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