GTB Dollar Master Card can be use for international transactions, linked to your PayPal account without any currency restriction. If you do online business, genuine blogger or freelancer, you simply need this card.
The Naira Master Card has a very limited function when it comes to international transaction and this could be seriously frustrating. According to some financial institutions, Dynamic Currency Conversion that allows you to pay in Naira, has been temporarily restricted on all cards.
This simply means that the only thing you can use Naira Master Card for right now is to cash out from Nigeria ATM stand and shop only within the country. This thus prompted me in moving further to get a Dollar Master Card.
Benefits of Getting a Dollar Master Card
1. Global Acceptance, it is accepted globally as means of payments of anything
2. It can be used to make multiple payments across POS terminals, ATMs etc
3. It is easy to use and access your current balance.
How To Get GTBank Dollar Master Card?
Getting the card is as easy as ABC so long you have a DOM account with GTBank. If you don’t have a DOM account, see how you can open one for yourself here.
Step 1: If you already have a DOM account, go to the nearest GTBank closest to you and pick the Dollar Master Card application form.
Step 2: Ensure you have a minimum balance of $50 in your DOM account.
For Non Account Holders, please refer to the link above to see how you can open a DOM account for yourself.
My Dollar Master Card was ready for pick up after 8 working days, you’ll be notified once its ready either via email or SMS, in my case I got an email to come and pick it up.
How to Activate GTBank Dollar Master Card?
The moment you pick up your card, your pin will be given to you but do not change the pin YET. You’ll be required to call GTConnect on this number 1800 right inside the bank and you’ll be asked some sensitive questions like the below;
>>Date of Birth, Account Number, your last transaction, Mothers maiden name and some other sensitive questions to be sure you are the owner of the said account.
The Rep will tell you to wait for 15minute to change your pin. After 15min change your pin and after which you can start using your card anywhere in the world from Nigeria without any restriction.
GTBank Dollar Master Card Charges;
- Card Issuance Fee: $20
- Annual Fee: $18
- ATM Withdrawals: $3.50 per withdrawal
- POS & Online transactions: Free
- POS cash advance: $6.25 + 0.1% of transaction amount
GTBank Dollar Master Card Transaction Limitation
- ATM Withdrawal: $1000 (or equivalent in the local currency of any transaction)
- POS: No Limit
- Web (Online): No Limit
We have other banks too issue Dollar Card such as Zenith that issue Web Surfer Card. But if you know any other Dollar Card better than this one, kindly share your thought with us via the comments