— Interest on the loan starts counting the day you get it, you can get a credit card today and not get charged interest until the day you start spending
— Interest on loan is charged flat for 30 days while interest on the card is charged on the amount and only for the days the funds is outstanding so you can spend payback interest at the end of the month is much smaller
— Most loans are charged at 4% flat or more a month while o3 credit card is charged at 0.13% per day only on what you have spent.
— Loans are usually for 3,6 or 9 months while the credit card is for 2 years.
— When you finish paying your loan you have to reapply for a new loan when you need funds, but with the credit card you are in charge, you can pay back and have access to the funds as you want
— No deposits ,no account, no collateral, you need to have an acct with the bank who is issuing the loan or have a salary acct domiciled at the bank, but with the credit card you can have an account anywhere, o3 gives you freedom
— You need to pay a large sum every month on a loan, but with the o3 credit card you only need to spend 10% of your monthly balance and can roll over the following month
— You get rewards and cash backs as you spend your o3 credit card
— A loan is for specific needs but the credit card is ever ready to help you out of any situations 365,24/7 but the credit card is always there.
— Prepaid card anybody
— Credit card- above 21 years if you live and work in Nigeria
— Upload the documents via the mobile app or on the website.
— You will get an email or a call from the call centre within 24 hours letting you know if the application is successful.
— When you receive your PIN, call our CARE center number at the back of your card for activation, then change your PIN to any 4 digits of your choice at the nearest ATM.
— Hospitals, hotels, schools, supermarkets, restaurants across all ATM’S,POS.
— A ‘Credit limit’ is the maximum amount you can spend or borrow using your Credit Card. This limit is determined by various personal details like your income, source of income, regularity of income, repayment history pattern, etc.
— A ‘Credit limit’ is the maximum amount you can spend or borrow using your Credit Card. This limit is determined by various personal details like your income, source of income, regularity of income, repayment history pattern, etc.
— Depends on your salary you can get up to 300% of your net monthly income
— Yes, you can get a business credit card and the activities on your acct will be used to determine you limit.
— A credit limit is the maximum amount you have available on the card
— Yes you can
— You can fix your income and get a high yield on your investments
— Send an email to care@o3cards.com
— www.o3cards.com
— You can transfer to your card using the o3 capital app via any bank acct using the o3 capital mobile app
— You get a replacement card free
— O3 capital is regulated by the Central Bank of Nigeria
— O3 capital is the first and only non bank credit card issuing company in Nigeria
— O3 capital is a digital bank
— No, the o3 Credit card works everywhere in Nigeria but it will available outside the country soon
— Classic cards – N500,000
— Platinum cards – N1,000,000
— Prestige cards – N1,500,000
— Black cards – N2,500,000
— Red, black, grey
— O3 credit cards works across all e commerce sites in Nigeria and can be used anywhere in Nigeria
— When your money gets finished you cant spend again, but the with the o3 credit card you never run out of funds