About MasterCard Credit Card

 

Zenith offers three basic credit cards namely: the Classic, Gold and Platinum.

 

Features:

	No collateral is required.
	Card is attached to an approved line of credit.
	Settlement options of 30%, 50% or all of expended amount on due date
	The unsettled portion of the expended amount starts to accrue interest thereafter (2% on Retail balance outstanding)
	Interest charge on Cash Withdrawals starts from the date of the transaction
	Monthly fees is $5 for all cards, while penal charges will apply in case of any default
	Risk Assessment Form (RAF) and Credit Approval Form (CAF) need be completed.
	POI/Channels: POS, ATM, Internet, Telephone and also Card to Card for Visa cards only
	24hrs online access to transaction history.
	Monthly statement available.

 

Benefits Of The Product To The Customer:

	Reduces risk of cash handling.
	Convenient means of making payment.

 

Description of MasterCard Credit Card:

	The cards are issued against a credit line approved by the Bank for the customer. No collateral is required.
	Cards can be used on Point of Interaction (POI) such as Point of Sales (POSs), ATMs, Telephone or on the Internet. Card to card funds transfer is available on Visa cards.
	Partial or full repayment of amount spent is allowed.
	For Visa Credit Cards, customers can settle in Naira for transactions done locally in Nigeria.
	Unpaid balance attracts interest charges.
	Risk Assessment Forms (RAF) and Credit Approval Forms (CAF) must be completed and approved by the Account Officer and the Branch Head respectively
	Credit cards are issued as Classic, Gold or Platinum depending on the approved limit based on customer’s credit rating.
	Final approval is subject to the bank’s Credit Approval process which is a combination of Branch

 

Channels on which the Credit Card can be used:

	On the Internet: here the cardholder supplies his information online by providing his details as requested.
	On an ATM machine: You can use your MasterCard/Visa card on Zenith Banks’ ATM to make withdrawals, check balance e.t.c
	On a P.O.S terminal: It can be used in a shop that accepts MasterCard and Visa as a means of payment. Here the cardholder would swipe his card on the POS terminal available in the shop and supply his PIN no. as the case may be and enter the amount he wants to pay for. A receipt would be issued to him at the end of his transaction

 

	MasterCard Classic Credit Card

	MasterCard Gold Credit Card

	MasterCard Platinium Credit Card

CARD TRANSACTION PARAMETERS

Cash (ATM Trxn) Classic Gold Platinum DAILY Max Transactions 5 7 9 Total Amount ($) 650 750 1000 MONTHLY Max Transactions 15 20 30 Total Amount ($) 5000 20000 50000

 

Cash (POS & INTERNET) Classic Gold Platinum DAILY Max Transactions 15 20 30 Total Amount ($) 2000 7500 20000 MONTHLY Max Transactions 40 60 80 Total Amount ($) 10000 30000 200000

 

 

For further enquiries on any of the Bank’s card products please contact:

Card Services
Zenith Bank Plc
Plot 84 Ajose Adeogun Street
Telephone: +234 01 278 1740, 278 2273. 
Fax: +234 1 2700438
E-mail: cardservices@zenithbank.com

 

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About MasterCard Debit Card

 

The Zenith Bank MasterCard is an internationally accepted payment card linked directly to customers’ domiciliary accounts. The cards are issued and linked to customers’ domiciliary accounts. No collateral is required Cards can be used on Point of Interaction (POI) such as Point of Sales (POSs), ATMs, Telephone or on the Internet. Settlement of outstanding not applicable as customers spend the available funds in their account.

 

 

Features:

	The MCU is an unembossed chip card.
	No Interest charges.
	No collateral required.
	24hrs online access to transaction history.
	Unembossed chip card.
	No settlement required as cardholder spends only funds available in his/her account.
	Card is accepted in 210 countries worldwide at over 24 million shops/business and more than 850,000 ATMs locations.
	Card is attached to customers domiciliary account’s providing access to cleared and available funds for transactions.
	Monthly statement available for domiciliary.
	Monthly statement available.
	Transaction channels: POS, ATM, Internet, MO/TO where MasterCard is accepted.
	Monthly fees is $5 for all cards.

 

Benefits Of The Product To The Customer:

	Reduces risk of cash handling.
	Convenient means of making payment.
	No risk of over-spending.
	Accepted worldwide and on the Internet.

 

 

For further enquiries on any of the Bank’s card products please contact:

Card Services
Zenith Bank Plc
Plot 84 Ajose Adeogun Street
Telephone: +234 01 278 1740, 278 2273. 
Fax: +234 1 2700438
E-mail: cardservices@zenithbank.com

 

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About MasterCard Charge Card

 

The Charge Card is collateralized to the tune of 120% of the card limit. Collateral is fixed throughout the life of the card. Card is issued against a fixed dollar cash collateral of 120% of the card limit required by the customer. Card can be used on Point of Interaction (POI) such as Point of Sales (POS’s), ATMs, Telephone or on the Internet. Only full repayment is allowed.

There is no interest charge since partial repayment is not allowed. Monthly Maintenance fees is payable by the customer. Risk Assessment Forms (RAF) and Credit Approval Forms (CAF) not required. Charge cards limit is graduated in multiples of $500 subject to a maximum limit of $8,000.

 

Features:

	Collateral is fixed throughout the life of the card.
	Settlement on due date is a mandatory 100% of expended amount.
	Attracts no interest charges, Monthly fees only.
	Monthly fees is $5.
	24hrs Online access to transaction history.
	Monthly statement available.
	A Charge card cardholder can, with an excellent history, migrate to MasterCard credit card subject to approval.
	POI/Channels: POS, ATM, Internet, Telephone

 

Benefits Of The Product To The Customer:

	Reduces risk of cash handling.
	Convenient means of making payment.

CARD TRANSACTION PARAMETERS

 

Cash (POS & INTERNET) Cash Retail DAILY Max Transactions 5 15 Total Amount ($) 650 2500 MONTHLY Max Transactions 15 40 Total Amount ($) 5,000 10,000

 

 

NOTE: Any of the parameters can be upgraded subject to the relevant approvals. For further enquiries on any of the Bank’s card products please contact:

Card Services
Zenith Bank Plc
Plot 84 Ajose Adeogun Street
Telephone: +234 01 278 1740, 278 2273. 
Fax: +234 1 2700438
E-mail: cardservices@zenithbank.com

 

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About MasterCard Web Surfer

 

	Apply and submit request online
	Login to View Statement

 

 

Features:

	MasterCard brand exclusively for Internet payments.
	It is a prepaid card denominated in USD.
	For Zenith and non-Zenith customers.
	Reloadble with 2 years' validity.
	The card information (expiry date, cvv) are sent via email.

 

Benefits Of The Product To The Customer:

	It is a MasterCard brand.
	Low limit value on card.
	Used solely on the Internet.
	A pre-paid and non-refundable card.
	No credit checks, no collateral required.
	Re-loadable to your desired limit after the initial deposit.
	Statements are available via online account.

Note: Ensure terms & conditions are clearly understood before obtaining a card.

 

How to Obtain a Web Surfer Card

	Apply and submit request online
	Read the terms and conditions carefully
	Go to your selected branch with the reference number issued from the on-line application and pay cash to the Teller using the customized deposit slip (available at Branches).
	Take copy of the deposit slip to CSU for processing and card issuance.
	Card is activated and an activation e-mail is sent to cardholder within 72hrs after receipt of card.

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How To Use The Product

	It is mainly used to make payments on the Internet by supplying your information online as requested.
	Your card number is the 16digit number on the face of the card while other information such as expiry date and CVV code are contained in the activation e-mail sent to the cardholder’s e-mail box 72hrs after receipt of card.

 

Activating a Web Surfer Card

	Allow 48 hours (usually would be less) for card activation to take effect.
	You will receive an activation e-mail giving you all the relevant details of the card issued to you. Only with these details can you use the card.

Note: Be informed that the content of this e-mail is confidential and is known only to you. Protect these details to avoid unauthorized use of your card.

 

Re-loading a Web Surfer Card

	Go to any Zenith Bank branch with your Correct Account Number.
	Complete fully the Web Surfer deposit slip and proceed to the teller point with your cash
	Your card will be re-credited within 48 hours. (Usually would be less). Charge per re-load is $5.

 

For further enquiries on any of our ebusiness services please contact:

Card Services
Zenith Bank Plc
Plot 84 Ajose Adeogun Street
Victoria Island, Lagos.

Telephone: 234-01- 2782273 and 2784000{IT HelpDesk}. 
Hotline: (01)2782273, 2700437
E-mail: cardservices@zenithbank.com

 

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About Lufthansa Card

The Lufthansa Debit Card is a MasterCard co-brand card designed specifically for Lufthansa frequent flyers and members of the Lufthansa Merchant Club. It is an internationally accepted payment card linked directly to USD cash domiciliary accounts.

Features:

	Unembossed MasterCard Co-branded Debit card.
	EMV Chip and PIN card.
	No Interest charges; no collateral requiredOnline access to transaction history through Internet Banking
	No settlement required as cardholder spends only funds available in his/her account.
	The card is link to customers’ cash domiciliary account providing access to available funds for transactions.
	Transaction channels: POS, ATM, Internet, MO/TO where MasterCard is accepted.
	Card is accepted in 210 countries worldwide at over 24 million shops/business and more than 900,000 ATM locations.

Benefits:

	MasterCard brand with global acceptance.
	Affinity with Lufthansa frequent flyers program.
	Reduces risk of cash handling.
	Convenient means of making payment.
	No risk of over-spending.
	Accepted worldwide and on the Internet

 

 

For further enquiries on any of our ebusiness services please contact:

Card Services
Zenith Bank Plc
Plot 84 Ajose Adeogun Street

Telephone: +234 01 278 1740, 278 2273. 
Fax: +234 1 2700438
E-mail: cardservices@zenithbank.com

 

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