If you’ve always wanted to save up for the future, but didn’t take actions for reasons best known to you, now is the time to reconsider your thoughts and take actions, because there is a digital bank, ALAT.NG waiting to be utilized.
What Is A Digital Bank?
According to Avoka.com;
Digital banking is the digitization (or moving online) of all the traditional banking activities and programs that historically were only available to customers when physically inside of a bank branch.
What is ALAT?
ALAT is a digital bank, the first if its kind in Nigeria! It is an innovation of Wema Bank Nigeria, developed to give you easy access to saving your funds and doing other bank transactions without being physically present at the bank.
With Alat digital bank, you can open a savings account using your phone number and Bank Verification Number (BVN) as well as other documents that you will be prompted to upload during the registration process.
It’s simple, convenient, reliable and requires no paper work. You also stand a chance of making money off it.
Who Can Bank With ALAT Digital Bank?
Who Can Bank With ALAT Digital Bank?
Alat is open to all Nigerians with a means of Identification, and a Bank verification number. It’s great for students and workers with an idea of saving for the future.
How To Join The Digital Bank
To register and get a savings account with Alat, you have to visit online.alat.ng or download their application from either Google playstore or Apple appstore, then sign up with your Bank Verification Number and phone number (You can do me a favour by using BY5Y3G as your referral).
Complete your verification process by uploading all the required documents
• A government approved ID card (Students can use their student ID)
• Photo of a utility bill not older than 3 months
• Your passport photograph.
• A photograph of your signature.
ALSO CHECKOUT PIGGYBANK.NG, YET ANOTHER DIGITAL BANK
Account Usage And Limits
You can request for a MasterCard which you will be notified to pickup from the nearest Wema bank branch in less than a week.
Your account becomes active when your account number gets mailed to you. Be aware that unless verified, you cannot withdraw more than N30,000 of your funds after they’ve been deposited and you’ll also have a deposit limit of N50,000 per day. Thus, ensure that you submit valid and up-to-date documents in order to get verified by the ALAT team,
Make Money as an Account Holder in ALAT
As an account holder with the ALAT digital bank, you are entitled to a N500 bonus for every friend you refer who activates and funds their account with N500. I will benefit from this offer if you use my referral code, BY5Y3G during sign up.
You can always share the unique referral code given to you with your friends and families as well as on social media.
If you are able to refer up to ten friends, you will be given an extra N5,000 making your referral bonus N10,000.
The Fun Part Of Earning While You Save
Apart from the referral bonuses you stand a chance to earn, Alat offers the best interest rate on savings; three times the standard bank rate!
All you need to do is pull the bull by the horn and start off a simple automated savings plan which would earn you a 10% annual interest for your total savings. This will not only make you some free money but motivate you to save more. All you need to do, is set a savings’ goal in your profile and begin saving. The longer you save, the bigger your interest.
How To Get 10% Interest For Saving
To get 10% interest for saving your money, you need to set a savings’ goal that will last up to 12 months without ending or deleting your goals. I know, it might seem difficult but think about the long term goal and interests to earn.
If for any reason you are unable to meet your 12months savings goal or you’ve set a shorter goal duration, you still get yourself an interest, which will be calculated based on how long you’ve saved. You lose your interest if you decide to delete your savings goal.
Benefits of using ALAT.NG
Below are some reasons why you might want to bank with WEMA BANK’S digital bank, ALAT.NG
1. Signing Up with Alat.ng takes 5 Minutes or less.
2. You get bonuses for Referring your friends and family.
3. You earn while you save. A 10% interest paid to you annually is just great!
4. You will be given a free Debit Card which gets delivered to you at no cost.
5. You can Schedule transfers and recurring bill payments, so they get paid on time even when you forget.
6. You can activate your card directly from the ALAT app without visiting an ATM stand. You can also lock and unlock your card, as well as choose where it works.
7. And the best part of it all is that, with ALAT, you operate a zero account; ie, you can withdraw all your funds!
Are you up for the task of saving?