Union Bank Rewards Debit Card Users

After over three months of sustained campaign to encourage the use of debit cards, Union Bank Nigeria Plc has rewarded its customers that heeded the call and activated their cards.

In the draw which involved over 100, 000 customers that activated their debit cards nationwide within the period of the promotion, a school teacher at Aba, Miss Lucy Uwaezu Udeogu emerged the lucky winner of the grand prize of a trip to Dubai.

But Udeogu, who teaches Civic Education/Social Studies at Brilliant Model Schools, Aba, was apparently reluctant to undertake the trip to Dubai and was consequently awarded N250, 000 in lieu of what could have been her maiden trip outside the shores of Nigeria.

At the ceremony held at the Union Bank, Ngwa Road branch, Aba, the grand prize winner was presented with a cheque for the sum of N250, 000 by the Group Head, Aba Retail Cluster, Mr. Friday Okosun.

Four lucky customers who emerged as first prize winners got a generator each, four others who were drawn as second prize winners were given a deep freezer each while those in the third prize category shared four units of television sets.

“We’re encouraging people to use debit cards,” Okosun said, adding that the campaign would be a continuous exercise given that some people tend to be resistant to change.

Okosun advised bank customers to imbibe the habit of using debit cards in banking transactions because of its convenience and time-saving. He allayed the fears of bank customers who still harbour the fear that debit card is prone to fraud, assuring that “our card is fraud free”. He stated that it would amount to an uphill task for anybody to compromise the bank’s debit card system because of inbuilt security features.

Expressing her appreciation to the management of Union Bank for giving incentives to customers for activating their debit cards, the grand prize winner, Miss Udeogu said she has discovered the debit card as “the quickest” means of withdrawing money from her account.

“ATM is very good. It frees you from the frustrating experience of going to queue in the banking hall in order to withdraw your money,” she said, adding that she considers debit card as “the most preferable means of banking transactions.”

spot_img
spot_img
spot_img
spot_img

Hot this week

Leadway Sustains Support to Nigeria’s Creative Economy with 4th Consecutive Sponsorship of Lagos Leather Fair

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Insurance Meets Tech (IMT) Unveils 5th Edition for September 18, 2026

West Africa's leading insurance and technology conference, Insurance Meets...

Shell Appoints Elohor Aiboni as Executive VP, Country Chair Nigeria

Elohor Aiboni The incoming Executive Vice-President and Country Chair Shell Companies...

Heirs Insurance Group Extends Rewards Programme to Corporate Clients, Unlocking Lifestyle, Wellness Benefits for Employees

Heirs Insurance Group, Nigeria’s fastest growing insurance group, has...

Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Topics

The Year 2020 and Economic Outlook of 2021

By Dr. Harrison Eromosele Everyone agrees that 2020 was...

Ingenico Partners Interswitch on Multi-channel Payment Solutions in Nigeria

Ingenico Group, the global leader in seamless payment, announced...

DRONES: $100bn GDP Boost, 5m Job Opportunities in India-WEF

Putting drones at the centre of a technology-led transformation...

Oil Assets Divestments Will Boost Production, Employment – Wabote

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB),...

Local Bourse Sustains Positive Momentum… ASI up 1.1%

Yesterday, the local bourse maintained its positive performance as...

The Impact of Low Oil Prices on sub-Saharan Africa

Growth picked up in sub-Saharan Africa in 2014, after moderating in 2013, but remained weaker than during the pre-crisis years. It softened around the turn of the year owing to headwinds from the plunge in the price of oil. Sub-Saharan Africa’s oil exporters, which account for nearly half of the region’s aggregate output, have been hit hard by the sharp decline in the price of oil. From June 2014 to January 2015, oil prices fell by nearly 50%, and have remained low despite the recent uptick.
spot_img

Related Articles

Popular Categories

spot_imgspot_img