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FirstBank rewards customers in its Visa Gold Cashback campaign

Freedom Reporter by Freedom Reporter
February 8, 2022
in Breaking News, Business, News
0
First Bank

First Bank

In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its branded Visa Gold card in its ongoing Visa Gold card.

The promo, which will have over 300 Visa Gold cardholders rewarded during the promo, is scheduled to end on March 25.

Each month, the first 50 customers with an average transaction value below $150 in the last six

months will be rewarded with 10% cashback on transactions carried out on POS and across the

web.

To qualify to be rewarded, the card must be used at least three times monthly on POS/Web (within the campaign period) with a minimum cumulative spend of $300. The maximum

transaction value for purchase cashback is $500.

In addition, the first 50 customers – monthly – with an average transaction value above $150 in

the last 6 months will be rewarded with $50 when they grow their total transaction value by 50%

monthly through PoS and Web payments. The maximum transaction value for purchase

cashback is $300.

50 inactive Visa Gold cardholders in the last six months are not left out when they use their cards

at least 3 times monthly on PoS and Web. With a minimum cumulative spend of $150, they are

entitled to 10% cashback on transactions.

FirstBank Visa Gold card is an international premium credit card issued in partnership with Visa International. It is the Bank’s dollar-denominated card for customers in the mid-affluent segment

and is accepted for payment at over 29 million locations and cash withdrawals at over 1.8 million ATMs worldwide.

The card which is accepted globally is secured with chip and PIN technology. Its transaction limit is $1,000, $10,000 and $5,000 for ATM, POS and Web respectively. It is available in the self-funded and credit variant. It is denominated in US Dollars with a life span of three years.

“Appreciating our customers for their patronage is very important to us as we encourage the

increased adoption of the Visa Gold card”, said Mr Chuma Ezirim, the bank’s Group Executive,

e-Business and Retail products.

“Being the first financial institution in the country to hit the issuance of 10 million ATM cards, we

remain resolute to leave no stone unturned in ensuring that our customers are at an edge in

experiencing safe, convenient and rewarding digital banking services, regardless of where they

may be across the globe, he concluded.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading

financial inclusion services provider in Nigeria for over 127 years.

With over 750 business locations and over 150,000 Banking Agents spread across 99% of the

774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail

and corporate financial services to serve its over 30 million customers. The Bank has an

international presence through its subsidiaries, FBNBank (UK) Limited in London and Paris,

FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal,

as well as a Representative Office in Beijing.

The Bank has been handy at promoting digital payment in the country and has issued over

10million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless

transaction drive extends to having more than 10million people on its USSD Quick Banking

service through the nationally renowned *894# Banking code and over 4.5 million people on

FirstMobile platform.

Since its establishment in 1894, FirstBank has consistently built relationships with customers

focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk

management and leadership. Over the years, the Bank has led the financing of private

investment in infrastructure development in the Nigerian economy by playing key roles in the

Federal Government’s privatisation and commercialisation schemes. With its global reach,

FirstBank provides prospective investors wishing to explore the vast business opportunities that

are available in Nigeria, an internationally competitive world-class brand and a credible financial

partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 –

2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best

Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker

International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by

Global Finance for 15 years. Our brand purpose is always to put customers, partners and

stakeholders at the heart of our business, even as we standardise customer experience and

excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision

“To be the partner of the first choice in building your future”. Our brand promise is always to

deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on

our inherent values of passion, partnership and people, to position You First in every respect.

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