Use Providus Financial institution naira playing cards for greenback funds 2024

Use Providus Financial institution naira playing cards for greenback funds 2024
Use Providus Bank naira card for dollar payments 2024 get providus card master for dollar payments and providus bank logo hd on nice background

For some time, Nigerians have confronted issue making worldwide/greenback purchases or funds with their naira playing cards as a result of ban positioned on these playing cards by the Central Financial institution of Nigeria. Nigerians have since needed to resort to digital greenback playing cards and domiciliary account greenback playing cards for worldwide transactions. Nevertheless, Providus Financial institution naira playing cards are nonetheless licensed to hold out greenback funds as much as $3,000 a month. Right here’s what it is advisable know:

Overview of opening your Providus Checking account to profit from their naira playing cards for greenback funds perk

Providus Financial institution requires a minimal opening steadiness of ₦100,000 for his or her financial savings account and you may apply for a Traditional MasterCard instantly. Should you’re a frequent worldwide spender trying to open a Providus Financial institution financial savings account, contemplate the ₦250,000 deposit choice; This makes you eligible for fast issuance of the Platinum Naira Mastercard, providing the next restrict to your greenback funds or transactions.

As of Could 2024, you may simply open your Providus Bank account fully online and even have your most well-liked ATM card delivered to your chosen location. You may learn the total steps right here and the necessities too. 

Selecting your Providus Financial institution naira playing cards with worldwide transactions/funds in thoughts

For starters, you can also make use of two of Providus Financial institution’s naira card choices:

  • Traditional Naira Mastercard: This naira card issuance prices solely ₦1000 and it caters to primary worldwide cost wants with a $1,200 month-to-month transaction restrict. It’s excellent when you don’t require excessive (greenback transactions) spending energy. 
  • Platinum Naira Mastercard: This naira card permits a $3,000 month-to-month transaction or cost restrict, superb for frequent worldwide transactions. Nevertheless, it comes with a ₦5,000 issuance price and requires a ₦250,000 deposit that shall be held for 3 months. Please word that some other deposits after the ₦250,000 on maintain shall be obtainable for spending via the three months and past.

You may apply for any card of your selection instantly after you open your account with all necessities met. Merely attain out to Providus Financial institution customer support channels like  070077684387 for calls, 09153933333 for Whatsapp, through their social media handles, or e mail – Your card shall be processed and despatched to you inside days relying in your location. If there’s a Providus Bank branch near you, you can too stroll in and get an prompt card issued to you instantly. 

Alternate price concerns

Whereas Providus Financial institution’s trade charges are based mostly on the prevalent parallel market charges, it’s vital to notice they could be barely increased. For example, on April twenty ninth, 2024, the parallel market price on platforms like Aboki FX was about ₦1,350 to a greenback. Nevertheless, Providus Financial institution quoted a price of roughly ₦1,457. This implies chances are you’ll be spending extra naira per greenback in comparison with getting the greenback offline or from BDCs.

Providus Financial institution doesn’t publish its every day trade charges, as such when you should know the trade price earlier than finishing up your cost, you may solely realize it by contacting their customer support on 070077684387, 09153933333 on WhatsApp, their social media handles, or through e mail –  

Last ideas 

Providus Financial institution naira playing cards provide comfort for worldwide funds. The Traditional Mastercard is instantly accessible when you open your checking account with Providus Financial institution with the opening deposit. Their Platinum Naira Mastercard provides the next (greenback transactions) spending restrict however requires the next preliminary time-bound funding as a brand new buyer.

Moreover, it’s vital to check Providus Financial institution’s trade price with the prevailing market price to make sure you’re getting the perfect worth to your cash. By contemplating your spending habits and evaluating trade charges, you may select the Providus Financial institution financial savings account and naira card mixture that most accurately fits your worldwide cost wants.

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