Forte Oil (FO) has collaborated with First Bank of Nigeria and Interswitch to offer a new payment and membership card.
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The new FO Advantage Card is a chip-enabled card issued under FO’s nationwide customer loyalty and reward program. It offers service to consumers at designated FO retail outlets, as well as helps them earn rewards for purchases.
The card, which also doubles up as a regular debit card, can be used at merchant locations where the verve trade mark is accepted.
The reward points on the card can be assessed at any given time from designated FO retail outlets.
Moreover, the new product can be used as a payment card for other transactions outside FO retail outlets; however, users cannot earn rewards points from these transactions.
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By GlobalDataThe new card is available in three packages including the instant pick-up, personalised cards and the corporate cards, with each type having spend limits on transactions.
The instant Pick-up variant has a maximum card value of NGN50,000 ($250.8), maximum daily transaction limit of NGN20,000 ($100.3), and maximum daily cash withdrawal limit of NGN10,000 ($50.1).
The personalised card spend type has maximum card value of NGN100,000 ($501.6), maximum daily transaction limit of NGN50,000 ($250.8), and maximum daily withdrawal limit of NGN20,000 ($100.3).
The corporate card has maximum card value of NGN250,000 ($1,254) and maximum daily transaction limit of NGN250,000 ($1,254).
