Card maintenance fee increased by N500

The annual card maintenance fee currently being paid holders of debit and credit cards in Nigeria has been increased by N500 by the regulator following a policy review.

Under the new regime, bank customers in Nigeria will from this month be paying a N50 monthly card maintenance fee instead of a yearly N100. This means that every year, each bank customer would be paying N600 instead of N100.

Leave a Reply

Your email address will not be published. Required fields are marked *