FirstBank Naira Credit Card Review 2023, Best Naira Card with N3,000,000 Limit and 45 Days Interest-Free
FirstBank Naira Credit Card offers N3,000,000 limit, 45 days interest-free and tailored perks for Naija spenders
Why FirstBank Naira Credit Card is a top choice for Naija spenders
The FirstBank Naira Credit Card stands out in Nigeria with a clear value proposition: up to N3,000,000 credit limit and 45 days interest-free on purchases. For everyday bills, shopping or travel, this card gives flexibility and buying power without currency conversion headaches since it is denominated in Naira.
Security and convenience are local priorities — Verified by Visa protection plus the FirstMobile app make monitoring and blocking transactions quick and familiar to customers across Lagos, Abuja and beyond. The FirstBank Naira Credit Card combines local usability with global acceptance, ideal for both Lagos commuters and frequent travellers.
Key features that matter to Nigerians
This card offers competitive pricing: a 2.5% monthly interest on outstanding balances only, up to 45 interest-free days, and flexible repayment with a 15% minimum option. Acceptance on Visa’s network means you can use the card at millions of merchants worldwide without worrying about foreign currency charges at the point of sale.
Other practical features include instant SMS and email alerts, free online account management through FirstMobile and priority customer support via FirstContact. The FirstBank Naira Credit Card also supports collateralised applications against fixed deposits and treasury bills, a plus for many Naija salary earners and investors.
Costs, fees and how interest works
Understanding fees keeps you in control. The FirstBank Naira Credit Card has a one-time issuance fee (N1,000), monthly maintenance (N50), insurance costs and a 3% ATM cash withdrawal fee, all clearly stated to avoid surprises. Transparency on fees is a key selling point compared to other local options.
Interest is charged only on the unpaid balance after you make at least the minimum payment — 2.5% monthly on the outstanding amount. Use the 45-day interest-free period strategically for planned purchases and clear balances before interest accrues to maximise benefit from the FirstBank Naira Credit Card.
How to apply and practical tips for applicants
Applying is straightforward: visit a FirstBank branch or speak with a relationship manager if you already hold CASA, FD or treasury bills. Using investments as collateral can speed approval and help you qualify for higher tiers, including the Platinum version for limits from N1,000,000 upwards.
Use the FirstMobile app to track spending, set alerts and schedule repayments so you never miss the interest-free window. Compare the FirstBank Naira Credit Card against other local offers on rate, fees and benefits, but for many Nigerians looking for a reliable, widely accepted Naira card with strong perks, it’s among the best options in 2023.