How To Get a Dollar Card In Nigeria

Introduction.

If you’ve been trying to make payments online or shop from international stores but keep running into issues because your local card isn’t accepted, you’re not alone.

The rise of online transactions, especially with platforms like Netflix, Amazon, and even paying for services like Facebook ads or LinkedIn subscriptions, has made having a dollar card almost a necessity for many Nigerians.

A dollar card can make your life easier by allowing you to make payments directly in US dollars without worrying about exchange rate fluctuations or limitations from local banks.

In this article, I’ll walk you through everything you need to know about getting a dollar card in Nigeria: what it is, why you might need one, and the options available to you.

What Is a Dollar Card?

A dollar card is a type of debit or prepaid card denominated in US dollars. It works just like your regular Naira ATM card but allows you to load and spend dollars instead of Naira. This makes it perfect for international transactions.

Most dollar cards are issued by Nigerian banks or fintech companies. They can be used for online shopping, paying for subscriptions, or even travelling abroad.

Why Do I Need a Dollar Card?

Here are some reasons why having a dollar card can be super handy:

Access to International Platforms: Many global platforms like PayPal, Apple Store, and Google Play require payment in dollars.
Avoiding Naira Card Limits: Due to restrictions by the Central Bank of Nigeria (CBN), many Naira cards have limits on international transactions, sometimes as low as $20 per month. A dollar card bypasses this.
Stable Exchange Rates: With a dollar card, you load dollars directly, so you don’t have to worry about fluctuating exchange rates when making payments.
Seamless Travel: If you’re travelling abroad, a dollar card can be a lifesaver for paying for hotels, flights, and shopping without converting currencies.

Types of Dollar Cards in Nigeria

1. Bank-Issued Dollar Cards

Most traditional banks in Nigeria offer dollar cards. Popular options include:

GTBank Dollar Card
UBA Dollar Card
Zenith Bank Dollar Card
To get one, you usually need to have a domiciliary account (a type of bank account that holds foreign currency).

2. Virtual Dollar Cards

Fintech companies like Flutterwave (Barter), Chipper Cash, and Eversend offer virtual dollar cards. These are great for online transactions and can often be set up instantly through their apps.

3. Prepaid Dollar Cards

Some banks and fintech platforms also offer prepaid dollar cards that don’t require a domiciliary account. You simply load them with dollars and use them as needed.

How Do I Get a Dollar Card in Nigeria?

Step 1: Decide Between a Physical or Virtual Card

If you need a card for travel, go for a physical card. If it’s mostly for online transactions, a virtual card might be more convenient.

Step 2: Choose a Provider

Here are some top options:

GTBank Dollar Card: Requires a domiciliary account and a minimum deposit (usually $100).
UBA Africard: A prepaid card that doesn’t require a domiciliary account.
Barter by Flutterwave: Quick setup for a virtual card using the app.

Step 3: Meet the Requirements

Most banks will ask for:

A valid ID (e.g., international passport, driver’s license).
Utility bill for address verification.
A minimum deposit (for bank-issued cards).

Step 4: Apply and Fund Your Card

Once you’ve met the requirements, apply at your bank or through the fintech platform’s app. Fund your card using a domiciliary account, Naira account (converted to dollars), or bank transfer.

FAQs

1. Can I use a dollar card in Nigeria?

Yes, you can use a dollar card anywhere that accepts international cards, including ATMs, POS terminals, and online platforms.

2. Do I need a domiciliary account to get a dollar card?

Not always. Some options, like UBA Africard or Barter’s virtual card, don’t require a domiciliary account.

3. What are the charges for using a dollar card?

Charges vary by provider but may include:

Card issuance fees (e.g., $10–$20).
Monthly maintenance fees.
ATM withdrawal charges (if used abroad).

Further Resources

Central Bank of Nigeria Website
Guides from individual banks like GTBank, UBA, and Zenith Bank
Fintech platforms like Flutterwave

Conclusion

Getting a dollar card in Nigeria can open up a world of possibilities, from hassle-free online shopping to seamless international payments. Whether you go for a bank-issued card or a virtual one, there’s an option to suit your needs.

So, what are your thoughts? Will you consider getting a dollar card soon, or do you still have questions about how it works? Let me know!