The United Bank for Africa (UBA) Plc has introduced a new Naira Credit Card for its customers. The bank explained in a statement that with the new naira credit card, customers whose salary accounts have been domiciled with the bank for a minimum of three months and are employees of corporates under UBA’s approved counterparty list with minimum net monthly income of N250,000 are in for a stress-free business and personal lifestyle.

They would be qualified to access up to N3 million credit, with extremely flexible repayment plans of as low as 10 per cent of their monthly outstanding due. According to the bank, customers aged between 18 and 57years, who apply for the UBA credit card would also enjoy easy access to funds with a revolving line of credit and up to 45 days interest free credit, flexible repayment options; discounts at select merchant locations including restaurants, boutiques, among other mouth-watering benefits.

The UBA credit card also allow ATM withdrawals in Nigeria or abroad wherever the Visa logo is displayed while allowing ease of payment of goods and services locally and Internationally on PoS/WEB terminals where the Visa logo is displayed. UBA’s Group Head, Digital Banking, Sampson Aneke, said as a bank that is interested in the welfare of Nigerians, “UBA is always on the forefront of developing products and services aimed at creating wealth, easing living conditions and meeting the needs of its customers all over the world.” He added: “At UBA, we recognise that access to credit is fundamental to the creation of wealth and value in the economy. Unfortunately, the country has been challenged in this regard with only about two per cent of the population presently having access to bank loans. “It is in addressing these developmental and household challenges that the bank has in recent times developed and introduced a number of unique lending products to the market, with the latest being the innovative UBA credit card