How to Get GTBank Dollar Master Card in Nigeria, Charges & Limitations

 

According to my bank Dynamic Currency Conversion that allows you to pay in Naira, has been temporarily restricted on all  cards.

Meaning the only thing you can use Naira Master Card for right now is to cash out from Nigeria ATM stand and shop in Nigeria. The card makes no sense to me anymore. This prompted me to take a step further getting a Dollar Master Card. 

GTB Dollar Master Card makes a lot of sense; it is what I now use for my international transactions, linked to my PayPal account without any currency restriction. If you do online business, genuine blogger or freelancer, you simply need this card.

Benefits of Getting a Dollar Master Card

>>Global Acceptance, it is accepted globally as means of payments of anything

>>It can be used to make multiple payments across POS terminals, ATMs etc

>>It is easy to use and access your current balance.

How to Get GTB Dollar Master Card?

Getting the card is as easy as ABC so long you have a DOM account with GTBank.

>>If you already have a DOM account, go to the nearest GTBank closest to you and pick the Dollar Master Card application form.

>> 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 GTB 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.

GTB 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 Limitations

ATM Withdrawal: $1000 (or equivalent in the local currency of any transaction)
POS: No Limit
Web (Online): No Limit

I know other banks too issue Dollar Card like Zenith that issue  Web Surfer Card. But if you know any other Dollar Card better than this one, please use the comment to tell us about it.