Ecobank raises MasterCard limits further

Ecobank Nigeria has again reviewed upwards, the daily limit that customers can spend with their Naira MasterCards for international transactions.

The new spending limit for customers, using an Ecobank naira MasterCard for international transactions on Point of Sale (PoS), and online channels was moved from $300 to $1,000 for standard card holders; $750 to $2500 for gold card holders; and $1000 to $3000 for platinum customers.

Head, Consumer Distribution, Tunde Kuponiyi, said the review was a deliberate effort to meet and cater for customers’ expectations, saying it would further ease the burden of customers making purchases outside the country.

“This is a response to customers’ growing demand for higher limits. It allows our customers to continue to access their Ecobank naira denominated cards abroad and online with no undue stress.

As a bank, we hold our customers in high esteem. We listen to them and always set out to meet and surpass their expectations at all times,” he said.

Kuponiyi explained that customers can get instant cards within two minutes in any Ecobank branch, and the card is automatically enabled for value added services and online transactions both locally and abroad, while foreign currency denominated MasterCard debit cards, USD, GBP, and EUR, can also be used to spend directly from domiciliary accounts.