FCMB NGN VISA PREPAID CARD

PRODUCT DESCRIPTION

The Visa Prepaid card is a Chip & PIN compliant naira denominated card which is pre-funded and re-loadable. It is internationally accepted in over 1.8 million ATMs and 29 million merchant locations worldwide wherever the Visa logo is displayed.

VISA PREPAID CARD FEATURES

  • Three year validity
  • Visa Prepaid card is accepted at millions of locations worldwide
  •  Faster and easier than writing Cheque for payment or going to ATM to get cash.
  • Shopping online and making your everyday purchases fast, secure and convenient.

BENEFITS OF VISA PREPAID CARD

  • Simple and convenient to cash or debit card payments.
  • No need to open or have a bank account in order to have a Prepaid Card.
  • Provides better record keeping than cash (Statement is available)
  • A personal identification number (PIN) is used alongside the Prepaid Card as well as an SMS alert is received in real time within the transaction placed.
  • Eliminates the need to carry large sum of cash
  • When  cash  is  lost  or  stolen,  the  money  is  gone  forever  and  in  most  cases  cannot  be recovered. In  the case of a  lost  or  stolen  Prepaid  Card,  the  value  on  the  cardholder’s account remains intact and can be transferred onto a replacement card or another Prepaid Card.
  • Allow the unbanked (non-account holders) to obtain a Visa Prepaid Card and become part of a financial world.
  • Debit card holders who are afraid of using their debit cards on the Internet for purchases may obtain a Prepaid Card which can be used solely for that purpose and is not linked to their domicile account.

VISA PREPAID CARD CHARGES

Transactions

Charges

Getting a Prepaid Card

N1000

Replacing a lost or damaged card

N1000

Reload charge

N100

PIN Reissue

Free

Cash withdrawal on any FCMB ATMs

N100

Cash withdrawal on Other Banks ATMs

N100

Purchases made on Local POS

Free

Purchases made on Foreign POS and

Websites

Free

TRANSACTION LIMITS

Channels

Transaction Count

Amount

ATM

10

N200,000

POS

25

N1,000,000

WEB

7

N500,000

ATM Transfer

10

N500,000

International Transaction (Monthly)

20 (POS & Web only)

$5,000

WHAT DO I REQUIRE TO GET THIS CARD?

  • Completed application form
  • Proof of Identification
  • Passport picture

FREQUENTLY ASKED QUESTIONS (FAQ)

Q: HOW DO I GET A VISA PREPAID CARD?

It's easy to get a Visa Prepaid card - Simply walk into any FCMB Bank branch with proof of identity, a passport photograph and complete an application form. Your personalized card will be ready within 72 hours.

Q: DO I NEED TO HAVE AN OPER ATIONAL BANK ACCOUNT TO GET A PREPAID CARD?

No. You do not need to have any account with us to get the card.

Q: HOW DOES MY VISA PREPAID CARD WORKS?

Since it is a prepaid card, spending is limited to the amount of funds you load on the card. Each time you use your card, the purchase amount is automatically deducted from your card balance.

Q: HOW DO I LOAD MY CARD?

You can load your card through any FCMB branch or via transfer into card account.

Q:  WHEN WILL FUNDS DEPOSITED IN MY PREPAID CARD ACCOUNT BE LOADED ON MY CARD?

Funds paid in before 2pm will be available on the card by 8pm same day, else funds paid in after 2pm will be available on the card next day by 8pm.

Q: DO I NEED TO ACTIVATE MY VISA PREPAID CARD BEFORE USAGE?

Yes, simply call our Contact Center on 01-2798800 to activate your card

Q: DO I NEED A PIN WHEN USING MY VISA PREPAID CARD?

Yes, all POS and ATM transaction require a 4 digit PIN. Since the card comes with a default PIN, simply go to any FCMB ATM to change to your 4-digit PIN after your card has been activated.

Q: WHAT IS ONE-TIME-PASSWORD?

This has replaced the i-pin/web-pin for VbyV web/internet transactions using the visa card. It is required when a cardholder is doing online/web transaction on a merchant site. It is a six (6) digit number sent to the cardholder’s registered phone number to authenticate online/web transaction.

Q: CAN I WITHDRAW CASH ACROSS THE COUNTER AND ATM?

Yes, you can withdraw cash from the ATM. However there will be a charge for cash withdrawal across the counter and your card will be temporarily blocked for 24hours

Q: HOW DO I KNOW THE BALANCE ON MY VISA PREPAID CARD?

You can check the card balance on any ATM terminal that accepts your card variance.

Q: HOW DO I GET MONTHLY STATEMEN T ON MY VISA PREPAID CARD?

You need to subscribe to the e-statement service to receive your monthly statement by email. Alternatively you can walk into any of our branches and request for a print statement which would be delivered to you immediately.

Q: WHAT ARE THE COMMON REASONS MY VISA PREPAID CARD CAN BE DECLINED?

  • Your FCMB Prepaid Visa card can be declined for a number of reasons including:
  • Insufficient funds in your Visa card Account
  • Card has not been activated.
  • Wrong PIN being used (use of wrong PIN three consecutive times will block your card)
  • Exceeding daily ATM withdrawal or POS limit
  • Wrong security code on internet payments
  • Supply of an address inconsistent with the address indicated on the card application form.

Q: WHAT SHOULD I DO IF   MY VISA PREPAID CARD IS LOST OR STOLEN?

Report lost or stolen cards immediately by calling our Contact Centre on 01-2798800, (07003290000)  and request that the card be hot listed.

Q: HOW LONG CAN I USE MY VISA PREPAID CARD?

You can use your Visa Prepaid card until the expiration date shown on the card, or until the value of the card has been depleted

For more information, please call our 24 Hour Contact Centre on 01-2798800, (07003290000)  to speak with a consultant, or send an email to Customerservice@fcmb.com

FCMB NGN VISA PREPAID CARD

 

 

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