Gtbank dollar card explained: How to get it

You must have been hearing about gtbank dollar card which is used for online payment, but the issue you have is how you can get it or how to go about it.

Right here I will explain what it entails getting a gtbank dollar card, how it works and what you should know.

Let me first explain what the dollar card is all about.

What is gtbank dollar card?

Gtbank dollar card is a debit card which is in USD, used for making payments in USD and also for international cash withdrawal.

However, it is mostly used for international payment or online payment in USD.

As the naira card is no longer valid for international payment, you can use the gtbank dollar card for such payments.

For Example;

You want to pay for school fees abroad, pay for products from Aliexpress or alibaba, or even on Amazon, Pay for Apple iTunes subscription, Google products, etc.

So you can use gtbank dollar card for any type of online payment or international payment and it is very viable from my experience.

Features and benefits

Here are the features and benefits of gtbank dollar card;

• 24-hour access to funds from about 2.1 million MasterCard ATMs worldwide.
• GTBank MasterCard can be used to pay for goods and services at 34 million merchant locations worldwide (hotels, supermarkets, e.t.c.)
• The GTBank Debit MasterCard can be issued with a minimum of N1,000.
• The card employs the use of Chip and PIN technology to guard against unauthorized transactions.
• Validity is for 3 years.

This according to the bank.

International usability

The card can be used worldwide as long as the payment is in USD. I’ve tried using the card for more than 23 different sites and stores worldwide, and the payment went successfully without any hitches.

Ane I love the fact gtbank usually issue a mastercard which is better for me, compared to Visa card.

There are some online payment gateway that will request for a mastercard and no visa card. 

Online transactions

When it comes to online transactions, it is a top notch.

Now listen, I’m not doing an advert for gtbank as they didn’t pay me a dime, but I’m saying this based on my experience using the gtbank dollar card.

I can vouch for the card when it comes to online payment, and I love the fact that the dollar card has it own account number which you will have to fund the account.

I will explain this as we move further into the article.

Don’t Miss: Gtbank domiciliary account: Everything explained

How to Get GTBank Dollar Card

To get gtbank dollar card, these requirements are needed from you;

• An existing naira account with gtbank
• An existing domiciliary account with gtbank.
• N1000 issuance fee or the equivalent in naira
• $10 Annual maintenance fee

And that’s all.

Why I said an existing naira account with gtbank is because you must have a domiciliary account with gtbank before you can request for their dollar card.

And before you can open a domiciliary account with gtbank, you must have a naira account with gtbank.

And do you know the truth, most banks will request that you open a naira account with them before you can open a domiciliary account.

I don’t know if that’s the rule by cbn or maybe banks are doing it to get customers for naira savings account.

Once you have this requirement, set and ready, I recommend you head over to any gtbank bank branch.

However, you can request for the card online if you have gtbank online banking account be it mobile banking app or their internet banking.

For me, I prefer going to the bank in case I need to ask some questions while filling the form.

So all you have to do is to head over to any gtbank branch near you, move to the customer service section, and request that you want to get their dollar card.

I observed that not all their branches usually have the dollar card with them, so I recommend you to go their main branches and not just any of their branches.

You will be issued a form to fill, go ahead and fill the card request form and if you’re confused don’t forget to ask the customer service representative for directives.

And that’s it.

But, you won’t get the card immediately.

That’s the annoying aspect of gtbank dollar card.

Right now the bank issue instant card for their naira debit card. But for dollar debit card account, you will have to wait for a week or even two weeks to get your card.

I do hope the bank upgrade in that very aspect.

The likes of access and zenith do issue instant card for their dollar debit card.

Please remember to have $10 card maintenance fee or the equivalent in naira as the bank will collect the amount while issuing the card to you.

Once you have received the card, what follows next will be to activate the gtbank dollar card.

However, the bank may not likely assist you especially if there’s a crowd in the card section. You will be required to go to the atm machine and activate your card.

But that isn’t difficult at all.

How to activate gtbank dollar card

To activate the gtbank dollar card, follow this process;

• Go to any gtbank atm machine and slot in your dollar card.
• Enter the default pin which is 0000
• Enter your preferred pin and confirm the pin.
• A code will be sent to your phone number.
• Kindky enter the code and that’s it.

Your card is set and ready to use.

Remember to have the phone number used in opening gtbank domiciliary account, and the dollar card account. Without the code, you won’t be able to activate the card.

Once you’re done with the card activation, you can start using your card.

Don’t Miss:

• How to fund gtbank dollar card explained
• Is domiciliary account same as dollar account? Explained

Using GTBank Dollar Card

There are tons of ways to use the bank dollar card depending on you the user like;

• International purchases
• Withdrawals
• Online transactions
• E-commerce
• Payment gateways

For withdrawals, only works abroad where there’s a gtbank atm machine. To use your card to withdraw in here Nigeria, it will exchange the naira equivalent using the bank rate and dispense cash for you.

Don’t bother at all cause it doesn’t make sense to me.

For International purchases, Online transactions, E-commerce, Payment gateways, the card work very effectively.

Fees and charges

Here’s the question usually asked when it comes to the bank dollar card;

What is Gtbank dollar card charges? The bank charge $10 maintenance fee annually, and N1000 issuance fee.

So far, I haven’t seen any other charges while using the card for payments or purchases.

Here’s the breakdown;

1. Card issuance fee: Gtbank will take N1000 or the equivalent in USD.
2. Transaction fees: So far there’s no transaction fee.
3. ATM withdrawal fees: I’m yet to test this very aspect though I don’t see the need to do so.
4. Maintenance Fees: The gtbank dollar card maintenance fee is $10 annually.

Funding the dollar card

Like I said earlier, gtbank dollar card has it’s own account number which is separate from the domiciliary account number.

Once you have the card with you, it means you now have three account numbers with gtbank and they are;

1. Naira account number.
2. Domiciliary account number.
3. Dollar card account number.

After getting the card, please don’t just leave the bank right away.

Right inside the bank, download and install the gtbank mobile app and enroll your account using the naira savings account.

Once you’re done, move straight to the customer service representative and request that you want to link your domiciliary account and dollar account to your online banking account.

It will take nothing less than 5 minutes for it to be linked, and within fifteen to 30 minutes, you will see the three accounts reflect on your mobile banking app as shown below.

For Gtworld App as shown below.

Once the accounts are linked to your online banking account, you can now fund your gtbank dollar card.

Remember, you must have funds in your domiciliary account or maybe direct deposit to your dollar card account.

To fund your gtbank dollar card;

1. Open the gtbank mobile app
2. Tap on transfer and select Own Accounts (for old gtbank app) or Send between own accounts (for gtworld app)
3. Select the receiving account which is the dollar account number.
4. Tap on the sending account which is the domiciliary account number.
5. Enter the amount and hit the submit button.
6. And that’s it.

Right away the amount will reflect on your gtbank dollar card account.

You can make a direct cash deposit to the dollar card account though I’m yet to try that.

And this is how to fund gtbank dollar card.

So I will wrap it up right here, and next will be the limits which is essentially for those in the e-commerce industry or business person.