Stanbic IBTC Visa Silver Naira Credit Card for Naija with 55 Days Interest-Free Purchases
Up to 55 days interest-free spending on the Stanbic IBTC Visa Silver Naira Credit Card for Naija, with Chip & PIN security, local perks and easy Naira repayments through Stanbic IBTC internet banking
Overview of the Visa Silver Naira Credit Card for Naija
The Visa Silver Naira Credit Card from Stanbic IBTC Bank gives Nigerians a practical credit solution for everyday spending. Cardholders enjoy up to 55 days of interest free purchases on local transactions, a revolving credit line denominated in Naira, and the convenience of a Naira account for repayment.
Built for life in Naija, the card is Chip and PIN enabled and accepted at POS terminals and online merchants that process local payments. Its three-year card validity and worldwide ATM cash withdrawal capability make it a solid choice for people who want flexibility and security.
Costs, interest and key fees to consider
Like any good credit product, the Visa Silver Naira Credit Card has transparent charges: an issuance fee (N1,075), a monthly interest rate of 2.5% after the interest-free period, and a credit card management fee of 1% (+ VAT) on issuance, renewal and limit increases. There is also a 1% (+ VAT) penalty charge on overdue amounts.
ATM withdrawal fees apply after the third withdrawal at non-Stanbic IBTC ATMs in a month (small fee applies), so keep cash-outs to a minimum to avoid extra costs. Understanding these fees before you sign the credit card application form helps you plan repayments and enjoy the interest free purchases period responsibly.
How to apply and eligibility in Nigeria
Applying is straightforward for Naija residents with a salary relationship: you need at least one month of salary domiciliation with Stanbic IBTC or six months with another Nigerian bank. The process requires a completed credit card application form, a valid means of ID, proof of employment, proof of address and salary evidence.
The card is also available as a cash-backed option for customers who prefer a secured facility. Stanbic IBTC will verify your documents and banking relationship before issuing the Visa Silver Naira Credit Card, and the application route can be started online or at a branch for faster processing.
Using, managing and protecting your card
Repayment is simple via Stanbic IBTC internet banking and the mobile app, which lets you view transactions, pay statements and manage the card limit from your phone. Take advantage of online purchase protection through Verified by Visa and the Chip and PIN security to reduce fraud risk when shopping locally or online.
Cardholders also get lifestyle benefits such as dining and local discounts, 24-hour customer support and global ATM access. If you want interest free purchases and a reliable credit card management experience in Naija, apply now via Stanbic IBTC channels and keep your finances under control with timely payments and online monitoring.
