A virtual card isn’t just a luxury; it’s a necessity in today’s fast-paced world. Being a seasoned traveler and lifestyle enthusiast, I’ve seen how virtual cards simplify transactions, improve security, and offer unmatched convenience. Book flights to Zanzibar, purchase souvenirs from Paris, or subscribe to Netflix from the comfort of your home with First Bank‘s virtual card. This guide will walk you through everything you need to know.
Key Takeaways
- First Bank’s virtual card is perfect for online transactions and international use.
- Activation is free and instant via the FirstMobile app.
- Competitive fees and robust security make it a top choice for Nigerians.
Pro Tip: Always monitor your transactions and ensure your app is updated to the latest version for optimal security.
Why Choose First Bank’s Virtual Card?
First Bank, one of Nigeria‘s leading financial institutions, offers a virtual card tailored for secure online transactions. But what makes it stand out?
- Security: Transactions are encrypted, reducing the risk of fraud.
- Convenience: No need for a physical card; use it anytime, anywhere.
- Versatility: Perfect for online shopping, subscriptions, and international transactions.
- Affordability: Competitive fees and charges make it accessible to a wide audience.
Features of First Bank’s Virtual Card
| Feature | Details |
|---|---|
| Card Type | MasterCard (Digital Only) |
| Validity Period | 3 years |
| Currency Supported | Nigerian Naira |
| Activation Fee | Free |
| Renewal Fee | Free |
| Maximum Limit | NGN 1,000,000 per transaction |
| Transaction Channels | Online payments, e-commerce platforms, and subscriptions |
How to Get a Virtual Card from First Bank
Step 1: Open a First Bank Account
To qualify for a virtual card, you must have an active account with First Bank. If you don’t already have one, visit the nearest branch or open an account online via the FirstBank website.
Step 2: Download the FirstMobile App
The FirstMobile app is your gateway to accessing the virtual card service. Available on both Google Play Store and Apple App Store, the app provides a seamless interface for all your banking needs.
Step 3: Log in and Navigate to the Virtual Card Option
After logging in, locate the “Card Services” tab. Under this section, click on “Virtual Card” to begin the application process.
Step 4: Fill in the Required Details
Provide the necessary information, including:
- Your account number
- Preferred card limits
- Email address for transaction alerts
Step 5: Confirm and Activate
Once you’ve reviewed your details, confirm the request. Your virtual card details, including the card number, expiration date, and CVV, will be generated instantly.
“I remember setting up my First Bank virtual card while planning a trip to Morocco. Within minutes, I was booking accommodations and excursions seamlessly. The process was incredibly intuitive, even for someone not overly tech-savvy.”
Pricing Breakdown
| Service | Cost | Reviews | Rating |
| Activation Fee | Free | “Highly affordable.” | ★★★★★ |
| Renewal Fee | Free | “No hidden charges.” | ★★★★★ |
| International Transaction Fee | 3.5% per transaction | “Fairly competitive.” | ★★★★ |
| Currency Conversion Fee | NGN 5 per $1 | “Great for global use.” | ★★★★★ |
Pros and Cons
Pros
- Ease of Access: The setup process is straightforward.
- Enhanced Security: Reduces risks associated with card cloning.
- Global Usability: Accepted on international platforms.
Cons
- Internet Dependency: Requires reliable internet access.
- Currency Limitations: Currently supports only Nigerian Naira.
FAQs
1. Can I use the virtual card for international payments?
Yes, the First Bank virtual card is accepted globally wherever MasterCard is supported.
2. Is there a limit on the number of virtual cards I can create?
Currently, First Bank allows one active virtual card per account.
3. What happens if my virtual card details are compromised?
You can block the card instantly through the FirstMobile app and request a new one.
4. Are there any hidden charges?
No, all fees are transparently communicated during the application process.
5. How do I check my transaction history?
Transaction history is available in real-time on the FirstMobile app under the “Card Services” section.
Final Thoughts
Using a virtual card from First Bank has revolutionized how I handle transactions during my travels. Whether I’m shopping at Dubai’s bustling souks or subscribing to an online travel journal, the card ensures secure, seamless payments every time.
For anyone keen on traveling smarter and living more efficiently, getting a First Bank virtual card is a no-brainer. Ready to simplify your financial life? Click here to learn more.
