Stanbic IBTC Visa Platinum for Nigerians, top perks, Priority Pass and fees
Complete breakdown for Nigerians on Stanbic IBTC Visa Platinum, top perks, Priority Pass access and fees
Why Nigerians choose Stanbic IBTC Visa Platinum
The Stanbic IBTC Visa Platinum is built for busy Nigerian lifestyles, combining everyday convenience with premium travel perks. Cardholders enjoy interest-free purchases up to 55 days, making cash flow easier for salary earners and entrepreneurs alike.
With a strong local presence and international reach, the Stanbic IBTC Visa Platinum gives confident access to global ATMs, Verified by Visa protection and chip-and-PIN security that suits the way Nigerians shop and travel.
Key perks: Priority Pass, travel cover and rewards
One headline benefit is Priority Pass access to hundreds of airport lounges worldwide, a big win for frequent fliers in Lagos, Abuja or Port Harcourt. The Stanbic IBTC Visa Platinum also bundles travel insurance, hotel benefits and concierge services that make trips smoother.
On top of travel perks, the card earns rewards and occasional cashback offers on groceries, utilities and fuel — helpful for stretching the Naira. Purchase protection and extended warranty add extra value on larger buys.
Fees, limits and cost of ownership
Understanding costs is crucial: the Stanbic IBTC Visa Platinum typically carries a new card fee of N1,075 and a monthly interest rate around 2.5% on outstanding balances. Management fees can apply at issuance, renewal or limit increases, commonly 1% of the credit limit.
Transaction limits are generous for active users: daily ATM withdrawals up to N200,000, POS limits up to N1,500,000 and online limits up to N2,000,000, which is handy for big-ticket purchases and business expenses.
How to apply and practical tips for Nigerians
Applying for the Stanbic IBTC Visa Platinum is straightforward: visit a Stanbic IBTC branch or apply online with valid ID, proof of income and address. Eligibility usually requires a minimum banking relationship of one month with Stanbic IBTC or six months with another Nigerian bank.
To improve approval odds, domiciliate salary or provide stronger income documentation. Keep balances low relative to your limit to benefit from the full interest-free period and protect your credit score.