So you’ve just opened your UBA Savings or Current account or you’ve had your account for a while, it’s time to renew your debit cards and you are unsure which card to choose? I’ve got you covered. UBA offers different types of Visa and MasterCard Debit Cards with varying transaction limits and incentives, all card types offer the same basic service which is aiding transactions at payment points. Let’s look at the perks of some of these cards to help you choose which is best for you.
Types of UBA Debit Cards
The UBA Debit MasterCard is a debit card issued on your Naira account in Nigeria. Your UBA Debit MasterCard can be used for cash withdrawal at any UBA ATM or any ATM where MasterCard is accepted anywhere in the world, as well as for making purchases at over 32 million merchant locations. You can also pay for your bills, recharge your phone online or do much more with QuickTeller.com. The maximum amount you can withdraw from an ATM within 24 hours is N150,000, the maximum amount you can spend on a POS or on the Internet within 24 hours is N1,000,000.
Classic Visa Debit Card
Access your money anywhere with the UBA Visa Classic® Debit Card, which includes making purchases for goods and services wherever the Visa logo is displayed (POS, Web). You can make withdrawals at any of the 2.1 million Visa enabled ATMs in over 200 countries and purchases at merchant locations where Visa is accepted worldwide. The maximum amount you can withdraw from an ATM within 24 hours is N150,000, the maximum amount you can spend on a POS or on the Internet within 24 hours is N1,000,000.
Gold MasterCard Debit Card
With the UBA Gold Debit MasterCard for Naira/ UBA Gold Debit MasterCard for Domiciliary Account, you can access your money and make payments within Nigeria or internationally. UBA’s Gold Debit MasterCard for Domiciliary Account products are tied to the card holder’s domiciliary account instead of Naira current or savings account. They offer the same flexibility in usage anywhere in the world, including Nigeria and any of the 1 million MasterCard enabled ATMs in over 210 countries and purchases at over 31 million merchant locations worldwide. All transactions carried out with the Gold MasterCard for Domiciliary Account are debited from the card holder’s Dollar, Pounds, or Euro account.
Visa Dual Currency Debit Card (DCDC)
The UBA Visa Dual Currency (DCDC) ® Debit Card is issued on both Naira and USD dollar domiciliary accounts in Nigeria. Your accounts are debited depending on your location, when you make local purchases/withdrawals in Nigeria your transactions are routed through your Naira account but whenever you make international purchases/withdrawals transactions are routed through your USD dollar account. This unique feature of the card is called the Dual currency functionality. To qualify for this card, you need to have an active Naira current and USD domiciliary account.
Verve Debit Card
Verve is the first chip card accepted across all payment channels in Nigeria, which includes making purchases for goods and services at local merchant outlets (POS, Web) in the country. You can make withdrawals at any ATM displaying the Interswitch logo. The maximum amount you can withdraw from an ATM within 24 hours is N150,000, the maximum amount you can spend on a POS or on the Internet within 24 hours is N1,000,000.
You might be spoilt for choice but no matter which card you pick, it is important to know that all UBA debit cards have Zero Card Loss Liability, which means if your card gets lost or stolen, you are protected against fraudulent purchase transactions from the moment you report the loss to UBA. Another quick note, all these cards carry electronic chips which should be handled with care to avoid reducing its lifespan.