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FirstSavings Plus
The FirstSavings Plus is a hybrid savings account that allows you to enjoy the benefits of both savings and current accounts.
Account Information
The FirstSavings Plus is a hybrid savings account that allows you to enjoy the benefits of both savings and current accounts. The FirstSavings Plus allows you to enjoy the benefits of issuing and receiving cheques while helping you achieve your saving goals.
- Requires a minimum opening and operating balance of N50,000
- Attractive interest rates
- You can lodge cheques or dividend warrants in this account
- It allows third-party withdrawal through customised withdrawal slips or cheques in all FirstBank branches
- For added security, the account requires references to open
- Account holders qualify for interest payment on the account when they make less than 3 withdrawals in the month
- FirstSavings Plus account holders can issue cheques to third parties
- Cheques and dividends can also be paid in account holders name
- Duly completed Application Form
- Valid means of identification (BVN, Drivers License, National ID Card or International Passport)
- Valid proof of address of residency e.g. current Utility Bill not exceeding 3 months
- Two satisfactory references
- Two passport size photographs of the applicant(s).
Individuals and Corporate organisations can apply for this account type
To open a FirstSavings Plus account
- Download the Individual Account Opening Form
- Complete the form and with the accompanying documents, submit at the nearest FirstBank branch
FAQs
To open an individual FirstSavings Plus Account, you need to fill Account opening form, sign Specimen signature cards, two (2) passport photographs, two independent satisfactory references, utility bill, valid means of identification such as Driver license or international passport.
FirstSavings Plus account is open to all except minors as long as the requirement for opening the account is met by the prospective customers.
Yes, it can be used as a salary account but the N50,000 minimum operating balance still subsists.
FirstSavings Plus account operates with a flexibility of a current account. It allows issuance of cheques that are not valid for clearing but can be cashed over the counter. It also allows lodgement of third party cheques into the customer’s account.
