Guaranty Trust Bank Ltd
International Visa credit card, $1,000/day ATM limit, accepted globally. Enjoy chip & PIN security, 3-year validity, and convenient Dollar payments everywhere.
The GTBank Visa Classic Credit Card is specially designed for Nigerians who need secure access to international payments. It’s denominated in US Dollars, allowing you to spend confidently when you travel abroad or shop online, with transactions reflected instantly on your account.
There is a daily ATM withdrawal limit of $1,000, and every withdrawal attracts a $10 fee. Purchases at POS and online have no set limit, so you enjoy enhanced flexibility wherever Visa cards are accepted globally. The card is valid for three years and features modern security with chip and PIN technology.
The credit card is attached to its own ledger, separate from your domiciliary account, for added security. You pay N1,000 for card issuance and $10 annually for maintenance. Funds must be transferred from your GTBank USD domiciliary account to your card for use.
How to Apply: Step by Step
Getting the GTBank Visa Classic Credit Card is straightforward. Start by opening a GTBank domiciliary account if you do not own one already. Fill out the USD account form at any GTBank branch.
Provide two referees, one recent passport photograph, a copy of your driver’s license or international passport, and a recent utility bill for address verification. Submit the completed card application form alongside your documents.
Pay the issuance fee of N1,000 (or its USD equivalent). Once approved, your credit card will be linked to a card account ledger, separate from your main account for better security.
To fund your card, transfer money from your USD GTBank account into your new card ledger. Funds are usually available the same day if transferred before noon, or by the next working day if later.
Activate your card and set your card PIN to start enjoying seamless international payment options.
Pros of the GTBank Visa Classic Credit Card
One advantage of this credit card is global acceptance at over 2.1 million ATMs and millions of POS outlets in more than 210 countries. It works almost anywhere Visa is accepted.
The card uses chip and PIN security, greatly reducing the risk of unauthorised usage. Card validity for 3 years also means less need to worry about frequent renewals.
Cons of the GTBank Visa Classic Credit Card
A clear downside is the $10 ATM withdrawal fee. For frequent cash withdrawals, this can quickly add up and affect your travel budget or daily expenses.
Another inconvenience is that you must manually fund the credit card from your domiciliary account, with funds only available at the end of the day or next day, depending on time of transfer.
Verdict
Overall, the GTBank Visa Classic Credit Card is a strong choice if you want reliable, international spending power in US dollars. Its global acceptance and security features make it an excellent option, provided you manage withdrawal fees and understand card funding timelines. Consider this card if frequent overseas travel or online shopping is a part of your lifestyle.