APPLICATION FORM FOR FCMB VISA CREDIT CARD – Apply for FCMB Credit Card: Welcome to FCMB, thank you for choosing the option to apply for an FCMB credit card online. At first city monument bank (FCMB) we believe in working hard so that your dream and ours can be achieved. This guide is here to make your FCMB visa credit card application request seamlessly easy and fun.
This Card is a Naira-denominated and internationally accepted credit card in the market. You can use it in any currency and your monthly repayments will be in Naira. It is internationally accepted at over 170 million outlets and you can withdraw cash at any ATM in the world where the VISA logo is displayed.
What is the use of a Visa credit card?
Visa credit cards provide cardholders with convenience and security and can be used at merchants and automated teller machines (ATMs) around the world. The account number and cardholder’s name are embossed or printed on the front of a Visa card. The card also has a special three-digit validation code on the back.
What is the difference between a Visa card and a credit card?
Key Takeaways. Debit and credit cards allow cardholders to withdraw cash and make purchases. Credit cards are debt instruments but debit cards are not. Debit card users can only spend the money available in their bank account unless they have overdraft protection.
How To Get Credit on My Credit Card?
A credit might be added when you return something you bought with your credit card. Credits can also be added to your account because of rewards you have earned or because of a mistake in a prior bill. If the total of your credits exceeds the amount you owe, your statement shows a credit balance.
Does FCMB have a Visa card?
Apply for an FCMB Visa Credit Card today and be ready for any emergency. With the FCMB Visa Credit Card, you can enjoy life without boundaries. Pay for anything, anytime, anywhere.
How do Credit Cards Work in Nigeria?
When you use a credit card, you are essentially borrowing money to buy something now that you will pay for later. At the end of the month, you receive a statement that shows your purchases, the total amount you owe and the minimum amount you must pay. If you pay the entire amount due, you won’t pay any interest.
What are the 4 types of credit cards?
Four major types of credit cards are Visa, Mastercard, American Express and Discover. These are the major credit card networks, to which most credit cards belong, and they dictate where cards can be used as well as what secondary benefits cards offer.
Can I use a credit card at an ATM?
Cardholders can use a credit card at nearly any ATM and withdraw cash as they would when using a debit card, but instead of drawing from a bank account, the cash withdrawal shows up as a charge on a credit card. It’s a fairly simple transaction but one that comes with serious downsides and usually significant fees.
How Much can be spent on a credit card per month?
Your credit utilization rate — the amount of revolving credit you’re currently using divided by the total amount of revolving credit you have available — is one of the most important factors that influence your credit scores. So it’s a good idea to try to keep it under 30%, which is what’s generally recommended.