Welcome, Today I’ll be discussing On How to upgrade Zenith bank account easily (Online & Offline)
Upgrading your Zenith bank account allows you to enjoy premium features, higher limits, exclusive offers and top-tier benefits. Zenith Bank is one of the largest commercial banks in Nigeria with over 500 branches nationwide. They offer a wide range of personal, business and corporate accounts. In this comprehensive guide, we provide steps to seamlessly upgrade your Zenith bank account both online and at physical branches.
Zenith Bank is a leading financial institution in Nigeria and across Africa. The bank commenced Nigerian operations in 1990 and has grown to become one of the most reputable banks in the country. With over 500 branches Zenith bank provides universal banking services to millions of customers in Nigeria and internationally.
Some key features of Zenith Bank include:
- Top-tier savings interest rates up to 6% APY
- Zero account maintenance fees
- Competitive FX rates and no hidden charges
- Stellar online banking and advanced mobile apps
- Customer service excellence and nationwide presence
Zenith Bank offers a range of personal, business and corporate accounts. For individuals, they provide target, current, premium and salary accounts. Higher tiers like Zenith Premium Account offer more features and higher interest rates.
Upgrading your basic Zenith account allows you to enjoy premium banking services, higher daily limits, relationship benefits and events privileges. This articles outlines how to upgrade seamlessly online or offline.
Benefits of Upgrading Zenith Bank Account
Here are some of the major benefits of upgrading your Zenith bank account to a higher tier:
- Higher interest rates – Premium accounts offer up to 6% interest on savings, much higher than regular 1-2%.
- Higher limits – Enjoy higher daily ATM withdrawals and transfer limits for convenience.
- Exclusive services – Access to premium lounges, events, foreign currency accounts and credit cards.
- Relationship bonuses – Get preferential rates on loans, mortgages, overdrafts and other services.
- Free debit cards – Complimentary Platinum debit cards on premium accounts.
- Dedicated account officers – Enjoy one-on-one financial advice and service.
With these amazing benefits, upgrading to a premium Zenith account makes banking easier and more rewarding.
How to Upgrade Zenith Bank Account Online
Follow these simple steps to upgrade your Zenith bank account digitally:
- Login – Access Zenith internet banking with your account credentials and BVN details.
- Select Upgrade – Go to the Services menu and click on “Account Upgrade”.
- Fill Details – Select account type and carefully enter your personal details as required.
- Submit Application – Review and submit your account upgrade application.
- Approval – Application will be approved within 5 working days.
- Visit branch – Take approved documents to the branch to complete upgrade.
Online applications make initiating the upgrade process very quick and convenient. It also allows you to skip long queues at your branch. Just ensure you provide accurate details.
How to Upgrade Zenith Bank Account Offline
To upgrade your Zenith account offline, follow these steps instead:
- Account Upgrade form – Obtain form from branches or download from website.
- Fill Details – Provide your personal, employment and contact information accurately.
- Submit Application – Submit the duly filled and signed application at your home branch.
- Account Review – Application will be reviewed within 5 working days.
- Activation – Visit branch with approval documents to complete upgrade process.
Though offline upgrade takes longer, it may be more convenient for customers who prefer walk-in banking. The branch staff will guide you accordingly.
Documents Required to Upgrade Zenith Bank Account
You need to provide the following documents both while applying for upgrade and when activating the new account:
- Valid means of ID – National ID, Driver’s License, Int’l Passport etc.
- 2 Passport photographs – No older than 6 months.
- Proof of address – Recent utility bill, tenancy agreement etc.
- BVN information – Your unique Bank Verification Number.
- Employment details – For salary account upgrades.
Having clear copies of these documents handy ensures your upgrade goes smoothly without any hiccups.
Can I Upgrade from Savings to Current Account?
Yes, upgrading your account type from savings to current is allowed by Zenith Bank. Just select the desired account when starting the upgrade process. It is similar to upgrading to premium tier:
- Apply for account upgrade and select “Current Account”.
- Provide required personal, employment details.
- Get approval within 5 working days.
- Visit branch to activate new current account.
This allows salary account customers enjoy current account benefits like overdrafts, cheque books etc.
Zenith Bank’s Digital Banking Solutions
Zenith Bank has been at the forefront of digital banking innovation in Nigeria, offering its customers a range of cutting-edge digital solutions that make banking more convenient and accessible. When you upgrade your Zenith Bank account, you gain access to these advanced digital banking tools, which can streamline your financial management and enhance your overall banking experience.
- Zenith Mobile App: Zenith Bank’s mobile app is a powerful tool that allows you to perform a wide range of banking transactions from the convenience of your smartphone. With the app, you can check your account balances, transfer funds, pay bills, and more, all with just a few taps.
- Internet Banking: Zenith Bank’s internet banking platform provides a secure and user-friendly way to manage your accounts from your computer or any internet-enabled device. You can access a comprehensive range of banking services, including account management, fund transfers, and bill payments.
- USSD Banking: For customers who prefer a more traditional banking experience, Zenith Bank offers USSD banking, which allows you to perform basic banking transactions using your mobile phone’s USSD menu, without the need for a smartphone or internet connection.
- Virtual Card Services: With Zenith Bank’s virtual card services, you can enjoy the convenience and security of online shopping and transactions without the need for a physical debit or credit card. Virtual cards are designed to protect your financial information and minimize the risk of fraud.
By upgrading your Zenith Bank account, you gain access to these advanced digital banking solutions, enabling you to manage your finances with ease and convenience, no matter where you are or what device you’re using.
FAQs on How to upgrade Zenith bank account easily (Online & Offline)
Here are answers to some frequently asked questions about upgrading Zenith bank accounts:
Does my BVN change when I upgrade account?
No, your unique BVN remains exactly the same even after you upgrade your Zenith bank account.
Can I upgrade a dormant account?
Yes, you can upgrade a dormant account after reactivating it by making a deposit into the account first.
Is there any timeline limitation for account upgrade?
No, there is no specific timeline for upgrading your account. You can choose to upgrade at any time.
Will my transaction history transfer to new account?
Yes, your entire transaction records, account balance and details will be seamlessly transferred to the upgraded account.
Can I upgrade from a Zenith staff account?
Yes, staff accounts can also be upgraded once converted to a regular Zenith savings account if required.
Is branch visit required for online upgrades?
One branch visit is required after approval to complete biometric capture and activate the upgraded account.
What is the minimum balance for Zenith Premium Current Account?
The minimum opening balance is ₦250,000 for Premium Current Accounts at Zenith Bank.
How many days does the upgrade approval take?
Upgrade applications are approved within 5 working days after submitting required documents.
Is there any limit on how often I can upgrade account?
No, you can upgrade your Zenith bank account as many times as you want without any restrictions.
Will my account number change after upgrade?
Unfortunately, your account number will change when you upgrade Zenith bank accounts even within same branch.
What is the interest rate for premium current accounts?
Premium Current Accounts offer up to 2% interest rate, higher than regular 0.25% rate.
Can I pay online to upgrade account immediately?
No, Zenith bank does not accept online payments for instant account upgrades. Approval is still required.
Is there a minimum age requirement for premium accounts?
Yes, you need to be at least 18 years old to open a premium account with Zenith bank.
How much does it cost to upgrade my Target Savings Account?
Upgrading your basic Target Savings Account to premium tier is absolutely free of charge.
Can I upgrade if my account is under investigation?
No, accounts being investigated for irregular activities cannot be upgraded until issues are resolved.
Which has higher interest rate – savings or current accounts?
For premium accounts, Premium Savings Account offers slightly higher interest rates compared to Premium Current.
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Conclusion
Upgrading to a premium Zenith bank account unlocks several benefits like higher interest, exclusive offers, increased limits and dedicated support. The process is seamless both digitally and in-branch. Just ensure to provide required documents upfront.
With no upgrade fees, you get access to premium banking services at no extra cost. Follow the steps above and upgrade your Zenith account today for a smarter banking experience.
After reading this article now you know How to upgrade Zenith bank account easily (Online & Offline).
