First Bank of Nigeria Limited has announced a promotional campaign to reward its customers for using theirÂ naira MasterCard for international transactions.
TheÂ bank explained in a statement that theÂ promo will run for four months, beginningÂ fromÂ July 2018, through October 2018.
The FirstBankÂ naira MasterCard variants include theÂ classic MasterCard Debit, Platinum MasterCard Debit, and the Expressions onÂ cards.
TheÂ cards are denominated inÂ naira and issued in partnership with MasterCardÂ worldwide.
TheÂ cards are linked directly to customersâ€™Â naira denominated current and/or savings accounts and offer a convenient alternative to the use of cash and cheques by giving direct access to funds in cardholdersâ€™ accounts across all channels such as ATM, PoS andÂ web.
FirstBankÂ explained that its naira MasterCard holders who transact on PoS/webÂ for values between $2,000 and $3,000 per month will get theÂ naira equivalent of 0.5Â per centÂ the value of the transactions credited back into their accounts, whileÂ customers who transact on PoS/webÂ for values between $3,001 and $5,000 per month, will get theÂ naira equivalent ofÂ one per centÂ the value of the transactions credited back into their accounts.
These cards can be used to pay for goods and services at over 29 million locations andÂ merchant outlets as well as withdraw cash from over 1.8 million ATMs worldwide.
According toÂ itsÂ Group Head, e-Business, First Bank of Nigeria Limited, Mr. Chuma Ezirim,â€œFirstBank is delighted to reward its customers who carry out their financial transactions in an easy, secure andÂ seamless way at any given time and anywhere during this summer period all around the worldâ€.