What Is A Financial Card?
A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company, that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
How To Apply For A Financial Card In Uganda
Kindly visit the credit section of any of our open branches with a National ID and apply for a Financial card at only Ugx 30,000. It is processed within 14 working days. The card number is issued within 24 working hours as you wait for the card.
What Documents Do You Need For Financial Credit Card?
- Your full legal name.
- Your SSN and/or ITIN.
- Your mailing address.
- Your gross annual income.
- Your employment status.
- Your housing costs.
- Your phone number.
- Determine your credit health.
How Much Is A Financial Card In Uganda?
Acquiring an FC does not compel anyone to get a loan, but may speed up the process of getting it. The FC is subsidised and will cost sh7,000 for a borrower and sh13,000 for a non-borrower customer of any financial institution.
How Long Does It Take To Process A Financial Card In Uganda?
| Issuer | New Card | Replacement Card |
|---|---|---|
| ABC Capital Bank | 7–10 business days | Free next-day shipping |
| Bank of Uganda | Within 10 business days | 4-6 business days |
| Centenary Bank | 7–10 business days | 4–6 business days |
| Barclays Bank. | 7-10 business days | 3–5 business days |
Where Can I Get A Financial Card In Uganda?
Visit any financial institution regulated by Bank of Uganda and request Financial Card Enrolment.
What Is The Use Of A Financial Card In Uganda?
The new financial card will carry borrowers biodata and once swiped though a card reader will reveal all credit history of an intending borrower. The move is intended to reduce risk and cost of lending by banks.
When Did Financial Cards Start In Uganda?
Bank of Uganda launched the Credit Reference Bureau to develop a Financial Card, a biometric-supported system in August 2008 to track customers’ borrowing history.
How Do I Know If I Will Be Approved For A Financial Credit Card?
The easiest way to see if you’re pre-approved for a credit card is to check a credit card company’s website. Most major issuers let you see which of their cards you’re pre-approved for by simply entering your name, address and the last four digits of your Social Security number into an online form.
How Long Does It Take To Receive Financial Credit Card After Approval?
If you’re approved for a new credit card, most companies say that your card will arrive within seven to 10 business days. That’s just an estimate and consumers usually don’t have to wait that long to get their credit cards. In many cases, you can receive your new card in the mail in five business days or less.
How Do I Get A Financial Debit Card?
- Valid driver’s license.
- Social security card.
- A bill with your current name and address.
- Proof of address.
- State identification card.
- Confirmation of enrollment in an accredited school or college/trade school (if applying for student or college bank account)
How Do I Get A Stanbic Bank Financial Credit Card In Uganda?
Copy of company financial card. Copies of Valid Identification for cardholders. Latest Annual Returns filed with Company Registry. Operating Stanbic Bank Account.
Self employed
- Financial card.
- Registration certificate/or Trading licence.
- Valid ID.
- Operating Stanbic Bank Account.
Does Uganda Have Financial Credit Cards?
Credit, debit, and prepaid credit cards in Uganda permits you to buy services and goods or withdraw cash for fast use and then pay for the purchases at an affordable installment at a future date at an assigned revolving credit limit. Here’s what to know about how to apply for Uganda credit cards.
How Do I Get A Virtual Financial Credit Card In Uganda?
Where to get virtual credit card in Uganda
- Payoneer. You can access your virtual credit card account via the app developed by your issuer, for example, online services like PayPal or Payoneer, and get the necessary details.
- MTN MoMoCard.
- Morpay.
Is Financial Master Card Accepted In Uganda?
By opening acceptance in Uganda, Financial Master card and Orient Bank are ensuring that consumers and tourists coming into the country are able to pay and draw for money using their Master card at ATMs and POS terminals.