Which banks offer credit cards in Nigeria? View list

Which banks offer credit cards in Nigeria? View list - The dominance and use of credit cards have long been debated in Nigeria. However, it is considered that when we analyze the international situation it is relatively low personally and commercially.

In this post, we are going to go to the actual credit card and top companies in Nigeria where you can get them.

What is a credit card?

A credit card is a plastic card that allows you to access the credit limits given to your card provider.

Like a loan limit. However, instead of giving you cash, the period allows you to take as much credit as you want and then allow you to use the loan again and again and repay it later.


How does a credit card work in Nigeria?

There are a lot of processes going on during credit card transactions. When you swipe your credit card to make a purchase, the merchant's card terminal asks your credit card issuer if the card is valid and if you have enough credit.

Your card issuer sends a notification of acceptance or rejection of the transaction. If it is approved, you can take the product and service and go your way.

Whenever you make a transaction, your credit goes down by the same amount. If you have a ₦100 credit limit and you make ₦25 purchases, you will have ₦75% of the credit. You will be due to Bank ’₦25.

If you have taken ₦50 other loans before paying ₦25, you can pay a total of ₦75 to the bank and the available credit will be ₦25.

The difference between a credit card and a particular loan is that your limit is available after the balance of the card has been paid.

In the first example, if you pay the first ₦75, you have the available credit again, if you have it.

Which banks offer credit cards in Nigeria? View list

Credit card companies in Nigeria

1. First Bank of Nigeria:

First Bank credit cards allow you to make daily purchases, consolidate your ending, and create credit-worthy records for yourself.

There are different types of credit cards offered by First Bank. They include:


Visa Infinite: This card is the highest card in the Visa range of products. It targets the top 1% to 5% of the bank’s customers. With the first Visa Infinite credit card, you will get guaranteed transaction success rates and acceptance across all channels.


Naira Credit Card: This is an international credit card accepted for making payments in more than 29 million places and withdrawing cash in 1.8 million ATMs.


Visa Gold: This is a dollar card that first issues a card bank in partnership with International Visa.

2. UBA Nigeria:

If you are a customer who has been using UBA Pay Account for at least 3 months, you can get UBA Naira Credit Card.

This credit card can be used locally and internationally at any ATM or POS outlet in Nigeria. You will enjoy the flexible payment option of 10%.

Read alsoLoans for Bad Credit Score

3. Standard Chartered Nigeria:

Standard Chartered Nigeria offers two types of credit cards. They include:


Visa Gold Credit Card: The minimum salary of an employee of a corporate organization. Should be 75,000. For government employees, you must have a minimum required minimum wage of 50,000 before reaching you.


Visa Platinum Credit Card: To access it you need to have a payroll account with Standard Chartered Bank Nigeria, as well as a good credit bureau history.

3. Zenith Bank:

Zenith Bank credit cards allow you to make regular purchases at POS, web, and ATMs. They offer a wide range of classic, gold, and platinum credit cards that help you spend money on your life.

4. GT Bank:

The GTBank Visa Credit Card is an internationally accepted payment card that is recognized in US dollars. The card is valid for 3 years.

5. St. Stanbic IBTC Bank:

The Stanbic IBTC credit card is a credit facility designed to provide cash when you need it most. It allows you to get 55 days of interest-free shopping and cash from any ATM in the world.

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