The AltBank premium world MasterCard Elite card is a debit card designed to offer prestige, exclusivity, convenience, security, and control to our premium customers.
The cards are linked directly to your bank account, allowing for quick and easy access to funds via the various channels (ATM, POS, Web/online).
POS & WEB limits can also be increased upon request.
Card Type | ATM | POS | WEB |
Naira | N50,000 | N18 Million | N18 Million |
Dollar | $1,000 | $50,000 | $50,000 |
You and your loved ones deserve peace of mind every time you travel. Rest assured that you will receive compensation for medical care or emergency help if you need it. For the greatest peace of mind, enhanced protection options are available to ensure that while you’re traveling, your health and safety needs are met promptly and efficiently.
As an AltBank Premium World MasterCard Elite cardholder, you get;
When your luggage goes amiss or flight delays interrupt your plans, your AltBank Premium World MasterCard Elite gets you covered;
For a list of all benefits on the card, please visit www.priceless.com
Description | World MasterCard Card (USD) | World Elite Debit Card (NGN) |
Quarterly/ Annual maintenance charges | $10 p.a. | N50 (Savings accounts only) |
Domestic ATM withdrawal fee – other Bank | N35 after 3rd withdrawal | N35 after 3rd withdrawal |
International Withdrawal | 3% of Tranx amount | 3% of tranx. amount |
The Altbank Premium World Card is a debit card designed for prestige, exclusivity, convenience, security, and control, specifically for our premium customers. It is linked directly to your bank account, allowing quick and easy access to funds through various channels, including ATMs, POS, and online transactions.
The Altbank Premium World Card is available to Altbank HNI Customers who maintain a minimum operating balance of N6 million.
The Altbank Premium World card comes in two variants: the World Elite MasterCard Naira & the World MasterCard Dollar variants.
Yes, a quarterly card maintenance fee charge will be applied to your naira card account (savings account only), and an annual $10 charge will be applied to your dollar card account.
You have daily limits as high as N18million with your naira card and $50,000 with your dollar card. The limit can also be increased at your request.
Card Type | ATM | POS | WEB |
Naira | N50,000 | N18 Million | N18 Million |
Dollar | $1,000 | $50,000 | $50,000 |
You have access to these and many more benefits;
For full list of benefits, please visit Priceless.com.
Register your card at Mastercard Travel Pass and present your physical card at the lounge for verification.
Lagos Residents:
Outside Lagos:
It works just like a regular debit card, which can be used to make purchases, withdrawals and payments via ATM, POS & Web channels.
Nil, the subscription fee payment charged when your card was issued is one-off, however if you require a new card due to misplacement, a new subscription fee will charged on the new card.
Your account statement, including card transactions, will be emailed monthly by our partner care team. You can also view transactions via the Altbank mobile app.
Please submit your request via this link or contact your wealth manager.
You can activate your card via the altbank app (card activation menu), at any of our branches nationwide or on any of our ATM terminals nationwide.
f you have any complaint, please call our priority helpdesk @ 02017000555 or email [email protected]
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Licensed by the Central Bank of Nigeria 
The Alternative Bank is an independent financial organization in the Non-interest Banking (NIB) sector. If you receive services from, or if you have any other questions, please reach out to us via any of our contact channels. Registered address: 239 Ikorodu Road, Lagos. Financial operations on the Alternative Bank is authorised and regulated by the Central Bank of Nigeria. License to commence operations was granted in 2014. Trading and investment products provided by the Alternative Bank is wholly owned.
We are dedicated to ensuring adherence to Non-Interest Banking principles through the appointment of an Advisory Committee of Experts (ACE). The ACE is tasked with the review and approval of all our products and processes after ensuring full compliance with NIB principles.
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Abubakar Muhammad Musa is currently a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients. His work covers retail banking, corporate banking and project finance deals.
Formerly, Abubakar worked as a Researcher in different units at International Shariah Research Academy for Islamic Finance (ISRA) in Kuala Lumpur, Malaysia. Besides his primary assignments in ISRA, he taught Shariah Rules in Financial Transactions to Chartered Islamic Finance Professional (CIFP) Masters online Students of International Centre for Education in Islamic Finance (INCEIF), Malaysia. He also taught MBA and BBA Students different Islamic Banking and Finance Subjects at University College of Bahrain.
Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He also holds LLB (Hons) degree in Shariah from the same University. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur. During the programme, Abubakar conducted research relating to product structuring and market development.
Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. He is currently the principal partner, A.A. Sayi & Co. (Qist Chambers) and Qadi, Independent Shari’ah Panel of Lagos State – a platform, through which he has delivered several judgments of in-depth analysis, widely applauded by leading legal and intellectual icons, including learned Judges, professors of law and Islamic Studies.
He is the Executive Director/C.E.O., ClearPath Islamic Centre (Incorporated), Lekki-Lagos and Chief Imam, SilverPoint Central Mosque, Badore, Ajah-Lagos. Fondly called Imam Sayi, Abdurraheem is the designate Chairman, Shari’ah Advisory Committee, Mutual Benefit Takaaful.
Imam Sayi has also authored a few works, some of which include: The Financial Obligations: a compendium of essays on monetary or material obligations under Islamic Law and Waqf (Charity Endowment): The Governing Principles.
He holds a Certificate on Improving Personal Effectiveness from the Lagos Business School (Pan African University) and he is a recipient of numerous awards and certificates of merits.
Education:
Master of Arts Law and Diplomacy, The Fletcher School of Law & Diplomacy.
Bachelor of Arts Arabic & Islamic Studies, The University of Chicago.
Shariah Board Experience:
Bank Muscat Meethaq (2013 – 2017)
Sterling Bank Nigeria (Since 2013)
University Bank, USA (Since 2006)
Abdulkader Thomas has over 35 years of diversified financial services experience in major markets. With a Master of Arts Law and Diplomacy from The Fletcher School of Law & Diplomacy and a BA in Arabic & Islamic Studies from The University of Chicago. His areas of activity have included trade finance, real estate finance, securities and alternative finance.
As the general manager of a foreign bank branch in New York, he secured the first US regulatory approvals of Islamic mortgage and instalment credit/sale as banking instruments. Later, he secured US regulatory approval for profit sharing deposits. Abdulkader has been involved in the successful implementation of these products in the US market. With more than 17years Shariah Board Experience in Bank Muscat Meethaq, Sterling Bank Nigeria and University Bank USA, Abdulkader has worked on IFTA projects in Europe, Africa, Southeast Asia, and an authority on Islamic deal structures and securities.
He also serves as a director of Alkhabeer Capital in Jeddah and Chairman of Alkhabeer (DIFC). He is a member of the international advisory board of the Securities Commission of Malaysia, a published author, and an active speaker on Islamic finance.
