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UBA Gives Out Free Debit MasterCard in New Promo

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LAGOS, October 11, (THEWILL) – Spurred by the commitment to drive the Cashless initiative and provide value added services to customers, United Bank for Africa (UBA) Plc is introducing Free UBA Debit MasterCard to the first 100,000 new UBA debit card customers. The free debit cards are being doled out to customers in a promo tagged ‘Celebrating Freedom with MasterCard’.

The promo which commenced on Monday October 8, 2012 is meant to encourage customers of the bank to begin using debit cards. Divisional Head, e-Banking, UBA Plc, Dr. Adeyinka Adedeji said the promo is open to customers who “have not had or used debit cards in the last 2 years.”

Explaining further he said promo is available to customers opening new accounts, active customers without debit cards and dormant customers who want to activate their accounts. To qualify for the free UBA Debit MasterCard, he said eligible customers are expected to apply for debit card and the bank will waive the N750 card enrollment fee when the card is activated. “Though there will be an initial charge of N750, that same will be credited back to the customer upon activating the card. It is on first come first served for the first 100,000 customer” he added.

This gesture is however only open to UBA Debit MasterCard. According to Head, Debit Cards, UBA Plc, Mr. Deji Olówè, “Verve, Visa Classic, Visa Dual Currency Debit Card (DCDC), Gold MasterCard are excluded, but still available at the usual rates but Platinum and World MasterCard are available by invitation only”.

The UBA Debit MasterCard is a debit card issued on customers Naira account. It provides the customer with ease of use and security by combining the global acceptance and benefits of a MasterCard. The card which is denominated in Naira can be used for both local and international transactions on ATMs, Web and POS and is highly secured with the best card technology.

Mr. Olowe said customers can access their money anywhere in the world with UBA Debit MasterCard including making purchases over the internet wherever the MasterCard or Maestro logo is displayed. “They can make withdrawals at over 1 million MasterCard enabled ATMs in more than 210 countries and purchases at over 31 million merchants locations worldwide spending up to $40,000 or equivalent per annum” he stated//end.