Stanbic IBTC Visa Gold Dollar Credit Card, 55 Days Interest-Free and Global ATM Access for Nigerians
Stanbic IBTC Visa Gold Dollar gives Nigerians 55 days interest-free spending, global ATM access and exclusive USD-secure perks
Overview of the Visa Gold Dollar offering
The Stanbic IBTC Visa Gold Dollar card is a USD-denominated credit option tailored for Nigerians who travel or transact abroad. With a 55 days interest-free window on purchases, this Visa Gold Dollar product gives breathing room to manage cash flow without immediate interest charges.
As a revolving line of credit, the card adapts to daily spending and larger expenses, while providing global ATM access and verified-by-Visa protections. Card validity of three years and 24/7 support add convenience for frequent flyers and business travellers based in Lagos, Abuja or beyond.
Costs, fees and transaction limits to know
Transparency matters: issuance is N1,075 and maintenance is around $10.75 plus VAT; interest after the grace period stands at circa 2.5% per month. International ATM withdrawals cost about $2.50 each and a management fee of 1% (+VAT) applies on issuance, renewals and limit increases.
Daily and annual limits keep spending controlled: local ATM daily withdrawals up to N150,000, web transactions up to N500,000 and POS up to N1,000,000. International ATM withdrawals cap at $300 daily with an annual international transaction ceiling near $36,000.
Security and travel perks that matter
Security features include chip-and-PIN technology and Verified by Visa for safer online payments — essentials in a market where fraud prevention is crucial. Stanbic IBTC combines fraud detection systems and 24-hour customer care so cardholders can freeze or resolve issues quickly while overseas.
Travel perks boost value: enjoy discounts with partners like Avis and HotelClub, plus hundreds of merchant offers across the US, UK, Europe and the Middle East. A USD card tied to a USD account simplifies currency management and reduces conversion surprises when you’re abroad.
How to apply and tips for managing the card
Applying is straightforward for Nigerians: maintain at least a one-month salaried relationship with Stanbic IBTC or six months with another bank, provide valid ID, proof of employment and address verification, then choose salary domiciliation for smoother repayments. Fill the application with preferred limit and pickup branch details.
Use Stanbic IBTC internet banking to settle balances on time and maximise the 55 days interest-free benefit; set up automated payments where possible. Keep an eye on limits and fees, avoid late payments to prevent penal charges of 1% (+VAT), and monitor transactions regularly to protect your credit score and get the best value from your Visa Gold Dollar card.