Here Is The Complete List Of The Credit Card Companies In Nigeria And The Credit Cards Used

In this article, you will be able to know all of the credit cards used in Nigeria and the list of credit card companies in Nigeria

What is a ‘credit card?

The card offered by financial institutions like banks to the operator or card holder with an option to borrow money at the point of sale is called a credit card.

The usage of credit cards by the cardholder opens up for value-added charges and mostly used only for short-term service. After one month of using credit cards for purchase, interests are added and limitations would set in when the credit cards are in use again, therefore borrowing limits are adjusted according to the rating of the card applied by the individual.

The usage of credit cards by the cardholder opens up for value-added charges and mostly used only for short-term service. After one month of using credit cards for purchase, interests are added and limitations would set in when the credit cards are in use again, therefore borrowing limits are adjusted according to the rating of the card applied by the individual.

Illustration of ‘credit cards’

Higher interest rates are associated with a credit card. The record has it that 19% of interest rates were attached to cards as at 2016. This is practically more than most consumer loan or other lines of credits. Most stores in the United States and other foreign countries have more preference to credit cards used in the purchase of goods and payment for offered services. This is as a result of a generalized acceptance and usage. The most popular means of payment is through credit cards.

Most stores in the United States and other foreign countries have more preference to credit cards used in the purchase of goods and payment for offered services. This is as a result of a generalized acceptance and usage. The most popular means of payment is through credit cards.

Popular credit cards

The most popular credit cards are usually offered by banks or credit unions. This is because they possess Discover or American Express Logo, Visa, MasterCard. Incentives are also incorporated into some cards hence categorized. For example, the credit card known as the reward card issues amazing incentives which pull lots of customers to come for the card. Incentives such as;

  • Cashback on purchases
  • Cardholder airline miles
  • Other perks included.

Credit cards with much interest rates can be cleared off its previous debts by operating on zero-interest cards. Most times the value of the interest rate elevates after few months, this is necessary because it enables the consumer review the disclosure of terms. Issuers of student’s credit cards alarms of high risks, therefore the card usage is limited and the interest rate is always low.

But with the accurate and intelligent usage of credit cards by students, it gives them a good and amazing credit histories and to have a successful payment record. These are better for students because it makes them prone to receive consumer credits in the future.

Issuers of student’s credit cards alarms of high risks, therefore the card usage is limited and the interest rate is always low. But with the accurate and intelligent usage of credit cards by students, it gives them a good and amazing credit histories and to have a successful payment record. These are better for students because it makes them prone to receive consumer credits in the future.

List of Credit Card Companies in Nigeria and Location

S/N CREDIT CARD COMPANIES IN NIGERIA LOCATION
1 Smartitunes

  • CREDIT CARD COMPANIES

 

  • E TRANSIT CARD

 

 

  Alakia Isebo Road, Lagelu,Oyo,nigeria
2 New Light Ikorodu C T Cs

  • CREDIT CARD COMPANIES

 

  • FINANCIAL SERVICES

 

  • MICRO CREDIT INSTITUTIONS

 

 

 

Ikorodu,Lagos,Nigeria

3 Nuhu Isa Store

  • CREDIT CARD COMPANIES

 

  • FINANCIAL SERVICES

 

 

Brigayakagi, Kano Municipal,Kano,Nigeria

4 Sightlight Links

  • CREDIT CARD COMPANIES

 

  • FINANCIAL SERVICES

 

  • STOCKBROKERS

 

 

 

Okota, Amuwo Odofin,Lagos,Nigeria

5 Sabek Global Finance And Investment Limited

  • CREDIT CARD COMPANIES

 

  • FINANCIAL ADVISORS

 

  • FINANCIAL SERVICES

 

 

 

 

Egbeda

What to know about Credit Card companies in Nigeria

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