To Open Access Bank Account is very easy and simple. There are lot of different accounts which serve different purposes. There are savings accounts, current accounts and various other accounts that meet the needs of different individuals and even corporate bodies.
Access bank is one of the leading banks in Nigeria, and they have easy-to-open accounts and make sure that they have accounts that meet the need of everybody from every aspect of the communities. They have added another category to their accounts now, and this new account is mainly targeted to help students become responsible spenders early in life and also to be able to spend money and pay later.
Just like the normal credit card the accounts allows you to borrow money and pay back when you have money. At the unveiling of the card in University of Lagos the Executive director, personal banking division, access bank, Mr. Victor Etuokwu, said that;
“We want to begin to teach young people about how to be responsible spenders early in life. Knowing that you have to pay back the N20, 000, you will be more responsible for what you do and spend.
“It also gives you the ability to plan your spending. As you know, in the country today, if you are a responsible borrower, you begin to create a credit history.“When you leave school, and you want to be an entrepreneur, and you go to a bank, you show them your record, and they will see that you have been a responsible borrower.”
To Open Access Bank Account
- Go to any access bank branch.
- Present a means of identification.
- Pay your school fees and get your access bank solo card to start accessing the credit limit of N5000 to N20,000.
Note; your transaction history for six months will be looked at before you can qualify for the account.
The Group Head of youths banking, access bank, Doyin Coker also explained that the cardholder would be able to get up to N20,000 to spend at any time and then pay the money back later. The card can be used in and outside Nigeria for all ATM, POS and online transaction.