Since its establishment in 1894, FirstBank has consistently
built relationships with her customers, focusing on the
fundamentals of good corporate governance, strong liquidity,
optimised risk management and effective leadership. These, amongst
others, are the reasons the Bank has dominated the financial market
for over 126 years.
The Bank has led the financing of private investment in
infrastructural development in the Nigerian economy by playing key
roles in the Federal Government’s privatisation and
commercialization schemes, and entrenchment of the cashless policy
which gave rise to electronic cards being a veritable entity in the
day to day transactions among the bank’s customers. Consequently,
the use of its wide range of cards, developed with the ‘man on the
move’ in mind, come with far reaching benefits and rewards,
connecting the remotest of places even as the world is plagued by
the novel Corona virus disease today.
The world as we know it today, is a global village, and its
connectivity is at the tip of an individual’s finger. That aside,
it also revolves around the use of ‘ordinary’ but highly customised
cards and FirstBank is a confirmed Leader in this space. There’s no
gainsaying the fact that for 126 years and counting, FirstBank,
Nigeria’s premier bank, with accolades and awards trailing its
existence, has continued to blaze the trail in certainly every
financial innovation. And as the name signifies, has continued to
be the first in virtually everything banking and finance. Little
wonder that in December 2015 and May 2016, FirstBank was named the
first financial institution in the country to achieve sustained
alternative channels transaction volumes of 100 million
transactions. Subsequently in 2017, the Bank also attained the
Milestone of 10million card base, a feat that is first of its kind
in West Africa and Second in Africa.
There is hardly any banking innovation, which is not traced to
the company that has overtime woven itself into the very fabric of
the society. Commenting on FirstBank’s strides, the Chief Executive
Officer, Dr. Adesola Adeduntan, disclosed that the bank’s 53, 000
agents across the country processed about N512 billion worth of
transactions with differing values while the lockdown lasted. He
noted that the bank was “able to actively support her customers,
their families and businesses through these challenging times.”
This is nothing short of the FirstBank advantage.
Adeduntan reiterated the faith Nigerians have in the use of
FirstBank cards, saying that during the period of the lockdown,
Nigerians with FirstBank cards used them 105 million times to make
payments or withdrawals worth about N1.18 Trillion as they relied
on the Bank to settle their banking needs. In addition, the Bank’s
CEO noted that approximately 12.6 million withdrawals to the tune
of N156 billion were carried out across FirstBank’s ATMs
nationwide.
“Our customers made transfers over 106 million times with a
total value of about N8.18 Trillion across our digital channels. We
have also recorded over 275,000 new sign-ups to alternative
channels covering our Firstmobile, USSD and First-Online
platforms,” the CEO informed.
While calling on lovers of stress-free banking to get on board,
the FirstBank CEO further assured existing customers of the bank’s
relentless efforts to ensure that banking transactions continue
seamlessly, adding that COVID-19 will not slow down her activities
and efforts at staying true to her brand promise to her
customers.
FirstBank cards come in a wide range of categories, each
fulfilling tasks that are better imagined, but nevertheless are
flexible and offer comfort, stress-free banking and wholesome peace
of mind. It is therefore not a coincidence, that FirstBank is and
remains Nigeria’s highest card transacting bank; a product of
carefully thought out process, hard work and the quest to keep its
customers first in all things. This is especially important at a
time when movement and business activities were largely hampered by
the lockdown, with the maintenance of social distance and the
potential increase in the use of the Bank’s alternative channels –
which is facilitated by its cards – for various transactions and
business activities, thus staying safe to win the fight against the
COVID-19 pandemic.
The range of cards available to customers of FirstBank are
categorised into three broad groups, viz; DEBIT, CREDIT and PREPAID
Cards. The grouping covers outstanding cards offerings such as
Naira MasterCard, Verve Card and the pioneering Visa Multi-Currency
Card. Others are Expressions MasterCard, Platinum MasterCard, Visa
Infinite Credit Card, Visa Gold Credit Card, Naira Credit Cards
(Visa Classic and Platinum), Visa Prepaid Card and Verve Prepaid
Card.
FirstBank’s Naira MasterCard & Verve Card are Secured by Chip &
PIN technology with local POS/Web limit increase available upon
request. The Naira denominated MasterCard comes with various
benefits such as online purchases, bills payments and cash
withdrawals at ATMs world-wide. The various transaction limit(s) on
Naira MasterCard issued by the Bank are N150,000 for ATM
transactions, N2,500,000 for POS and N1,000,000 for Web
transactions.
The FirstBank Verve Debit Card works with Chip and PIN
technology to secure transactions. It allows the cardholder to
conveniently pay for goods and services and is accepted by all
ATMs, POS, Web, Mobile, Kiosk, and Bank Branch connected to the
Interswitch network in Nigeria. It is available to all account
holders and enables daily transaction limits of N150,000, and
N500,000 on ATM and POS channels respectively. Customers can
transact up to N1 million on the Web in a single transaction.
FirstBank cards also offer the Card Protection Transactions
feature, which allows the cardholder to activate or deactivate it
for all types of transactions, channels and locations, through the
Card-in-Control Service on the Firstmobile app. The steps are few
and simple: On the Firstmobile app, go to Self Service > Card
Services and choose card type (Debit, Credit, or Prepaid) to be
activated or deactivated.
Another card innovation service by FirstBank is the Visa Gold
Card, which offers higher daily spending capacity and limit on ATM,
POS and Web. With the Visa Gold Card, the customer is assured of
$1,000 daily ATM withdrawal, $10,000 POS transaction and $5,000 on
the Web at any location around the world. It is a dollar
denominated international Premium Credit Card issued in partnership
with Visa International.
Moreso, it guarantees access to international emergency services
such as Emergency Card Replacement & Emergency Cash Advance in
situations where the card gets lost or damaged. The Visa Gold card
comes handy when making airline bookings with its smooth seamless
purchase options.
Yet another, among the FirstBank’s super cards, is VISA Debit
Multi-Currency Card. It is by all intent and purpose, the first of
its kind to be offered by any financial institution in Nigeria. It
is an enhancement to the existing Visa Debit Dual Currency card and
can be linked to any or all NAIRA, USD, EURO and GBP accounts. It
is an international card with Chip and PIN technology which can be
used to make payment anywhere in the world and across all channels
– ATMs, POS & Web. With the Visa Debit Multi-Currency card,
cardholders can make daily withdrawals to the tune of N150,000
(local) and $1,000 (international) from the ATM. However, on the
Web, a total of N1,000,000 is permitted locally while $6,250 is
allowed on the international corridor daily. POS transaction limit
is N2,500,000 (local) and $2,500 (international).
The Platinum Debit MasterCard is a premium Debit Card
denominated in Naira. It is linked directly to a customer’s Naira
denominated Current and/or Savings account. It offers a convenient
alternative to the use of cash, and cheques by giving direct access
to funds in cardholders’ accounts across all channels like ATM,
POS, and WEB etc.
Like other card types, its transactions are easily monitored via
the FirstBank FirstMobile App or FirstBank Internet Banking service
and offers 24-hour access support for all card-related complaints
through First Contact. It is a card linked to a Naira denominated
account, and it is valid for three years.
It is designed to suit the lifestyle of senior and management
executives of multinational companies and leaders across various
industries and sector of the global economy. Its daily limits
include; ATM: N300,000; POS: N3million; Web: N2,000,000 as well as
Cross-border TXN limit: $500 monthly.
For a brand that has consistently remained on top of its game,
FirstBank Cards have received global recognition, as well as
multiple honour for its reliable and trusted services.
Speaking further, Adeduntan highlighted that the contactless
capability of the bank’s Visa and MasterCards support less
human-to-human contact in executing transactions, in the same way
that the Debit Cards have remained the base channel for
self-onboarding to any digital channel such as USSD, Firstmobile,
FirstOnline etc. It is therefore, imperative that customers get a
Debit Card because of its peculiar nature to get enrolled on
FirstBank’s digital channel for the best of services.
FirstBank’s benevolence did not end with making cards available
to customers, but has initiated value added services attached to
the cards including ‘discount at Merchants location such as Jumia
Friday, Health Plus, among others. These are, without an iota of
doubt, exclusive to FirstBank cardholders. This is why you must get
your card(s) if you are yet to. Email us at
firstcontact@firstbanknigeria.com, or call your
Relationship Manager/Private Banker for whatever card options you
require.
Since its establishment in 1894, FirstBank has consistently
built relationships with her customers, focusing on the
fundamentals of good corporate governance, strong liquidity,
optimised risk management and effective leadership. These, amongst
others, are the reasons the Bank has dominated the financial market
for over 126 years.
The Bank has led the financing of private investment in
infrastructural development in the Nigerian economy by playing key
roles in the Federal Government’s privatisation and
commercialization schemes, and entrenchment of the cashless policy
which gave rise to electronic cards being a veritable entity in the
day to day transactions among the bank’s customers. Consequently,
the use of its wide range of cards, developed with the ‘man on the
move’ in mind, come with far reaching benefits and rewards,
connecting the remotest of places even as the world is plagued by
the novel Corona virus disease today.
The world as we know it today, is a global village, and its
connectivity is at the tip of an individual’s finger. That aside,
it also revolves around the use of ‘ordinary’ but highly customised
cards and FirstBank is a confirmed Leader in this space. There’s no
gainsaying the fact that for 126 years and counting, FirstBank,
Nigeria’s premier bank, with accolades and awards trailing its
existence, has continued to blaze the trail in certainly every
financial innovation. And as the name signifies, has continued to
be the first in virtually everything banking and finance. Little
wonder that in December 2015 and May 2016, FirstBank was named the
first financial institution in the country to achieve sustained
alternative channels transaction volumes of 100 million
transactions. Subsequently in 2017, the Bank also attained the
Milestone of 10million card base, a feat that is first of its kind
in West Africa and Second in Africa.
There is hardly any banking innovation, which is not traced to
the company that has overtime woven itself into the very fabric of
the society. Commenting on FirstBank’s strides, the Chief Executive
Officer, Dr. Adesola Adeduntan, disclosed that the bank’s 53, 000
agents across the country processed about N512 billion worth of
transactions with differing values while the lockdown lasted. He
noted that the bank was “able to actively support her customers,
their families and businesses through these challenging times.”
This is nothing short of the FirstBank advantage.
Adeduntan reiterated the faith Nigerians have in the use of
FirstBank cards, saying that during the period of the lockdown,
Nigerians with FirstBank cards used them 105 million times to make
payments or withdrawals worth about N1.18 Trillion as they relied
on the Bank to settle their banking needs. In addition, the Bank’s
CEO noted that approximately 12.6 million withdrawals to the tune
of N156 billion were carried out across FirstBank’s ATMs
nationwide.
“Our customers made transfers over 106 million times with a
total value of about N8.18 Trillion across our digital channels. We
have also recorded over 275,000 new sign-ups to alternative
channels covering our Firstmobile, USSD and First-Online
platforms,” the CEO informed.
While calling on lovers of stress-free banking to get on board,
the FirstBank CEO further assured existing customers of the bank’s
relentless efforts to ensure that banking transactions continue
seamlessly, adding that COVID-19 will not slow down her activities
and efforts at staying true to her brand promise to her
customers.
FirstBank cards come in a wide range of categories, each
fulfilling tasks that are better imagined, but nevertheless are
flexible and offer comfort, stress-free banking and wholesome peace
of mind. It is therefore not a coincidence, that FirstBank is and
remains Nigeria’s highest card transacting bank; a product of
carefully thought out process, hard work and the quest to keep its
customers first in all things. This is especially important at a
time when movement and business activities were largely hampered by
the lockdown, with the maintenance of social distance and the
potential increase in the use of the Bank’s alternative channels –
which is facilitated by its cards – for various transactions and
business activities, thus staying safe to win the fight against the
COVID-19 pandemic.
The range of cards available to customers of FirstBank are
categorised into three broad groups, viz; DEBIT, CREDIT and PREPAID
Cards. The grouping covers outstanding cards offerings such as
Naira MasterCard, Verve Card and the pioneering Visa Multi-Currency
Card. Others are Expressions MasterCard, Platinum MasterCard, Visa
Infinite Credit Card, Visa Gold Credit Card, Naira Credit Cards
(Visa Classic and Platinum), Visa Prepaid Card and Verve Prepaid
Card.
FirstBank’s Naira MasterCard & Verve Card are Secured by Chip &
PIN technology with local POS/Web limit increase available upon
request. The Naira denominated MasterCard comes with various
benefits such as online purchases, bills payments and cash
withdrawals at ATMs world-wide. The various transaction limit(s) on
Naira MasterCard issued by the Bank are N150,000 for ATM
transactions, N2,500,000 for POS and N1,000,000 for Web
transactions.
The FirstBank Verve Debit Card works with Chip and PIN
technology to secure transactions. It allows the cardholder to
conveniently pay for goods and services and is accepted by all
ATMs, POS, Web, Mobile, Kiosk, and Bank Branch connected to the
Interswitch network in Nigeria. It is available to all account
holders and enables daily transaction limits of N150,000, and
N500,000 on ATM and POS channels respectively. Customers can
transact up to N1 million on the Web in a single transaction.
FirstBank cards also offer the Card Protection Transactions
feature, which allows the cardholder to activate or deactivate it
for all types of transactions, channels and locations, through the
Card-in-Control Service on the Firstmobile app. The steps are few
and simple: On the Firstmobile app, go to Self Service > Card
Services and choose card type (Debit, Credit, or Prepaid) to be
activated or deactivated.
Another card innovation service by FirstBank is the Visa Gold
Card, which offers higher daily spending capacity and limit on ATM,
POS and Web. With the Visa Gold Card, the customer is assured of
$1,000 daily ATM withdrawal, $10,000 POS transaction and $5,000 on
the Web at any location around the world. It is a dollar
denominated international Premium Credit Card issued in partnership
with Visa International.
Moreso, it guarantees access to international emergency services
such as Emergency Card Replacement & Emergency Cash Advance in
situations where the card gets lost or damaged. The Visa Gold card
comes handy when making airline bookings with its smooth seamless
purchase options.
Yet another, among the FirstBank’s super cards, is VISA Debit
Multi-Currency Card. It is by all intent and purpose, the first of
its kind to be offered by any financial institution in Nigeria. It
is an enhancement to the existing Visa Debit Dual Currency card and
can be linked to any or all NAIRA, USD, EURO and GBP accounts. It
is an international card with Chip and PIN technology which can be
used to make payment anywhere in the world and across all channels
– ATMs, POS & Web. With the Visa Debit Multi-Currency card,
cardholders can make daily withdrawals to the tune of N150,000
(local) and $1,000 (international) from the ATM. However, on the
Web, a total of N1,000,000 is permitted locally while $6,250 is
allowed on the international corridor daily. POS transaction limit
is N2,500,000 (local) and $2,500 (international).
The Platinum Debit MasterCard is a premium Debit Card
denominated in Naira. It is linked directly to a customer’s Naira
denominated Current and/or Savings account. It offers a convenient
alternative to the use of cash, and cheques by giving direct access
to funds in cardholders’ accounts across all channels like ATM,
POS, and WEB etc.
Like other card types, its transactions are easily monitored via
the FirstBank FirstMobile App or FirstBank Internet Banking service
and offers 24-hour access support for all card-related complaints
through First Contact. It is a card linked to a Naira denominated
account, and it is valid for three years.
It is designed to suit the lifestyle of senior and management
executives of multinational companies and leaders across various
industries and sector of the global economy. Its daily limits
include; ATM: N300,000; POS: N3million; Web: N2,000,000 as well as
Cross-border TXN limit: $500 monthly.
For a brand that has consistently remained on top of its game,
FirstBank Cards have received global recognition, as well as
multiple honour for its reliable and trusted services.
Speaking further, Adeduntan highlighted that the contactless
capability of the bank’s Visa and MasterCards support less
human-to-human contact in executing transactions, in the same way
that the Debit Cards have remained the base channel for
self-onboarding to any digital channel such as USSD, Firstmobile,
FirstOnline etc. It is therefore, imperative that customers get a
Debit Card because of its peculiar nature to get enrolled on
FirstBank’s digital channel for the best of services.
FirstBank’s benevolence did not end with making cards available
to customers, but has initiated value added services attached to
the cards including ‘discount at Merchants location such as Jumia
Friday, Health Plus, among others. These are, without an iota of
doubt, exclusive to FirstBank cardholders. This is why you must get
your card(s) if you are yet to. Email us at
firstcontact@firstbanknigeria.com, or call your
Relationship Manager/Private Banker for whatever card options you
require.