Welcome, Today we’ll be discussing On How to upgrade Jaiz bank account easily (Online & Offline).
Jaiz Bank is a leading non-interest financial institution in Nigeria. Upgrading your regular Jaiz Bank account unlocks several premium benefits.
Benefits of Upgrading Your Jaiz Bank Account
Some reasons to upgrade your regular Jaiz Bank account include:
- Higher profit rate payment on account balances
- Discount on selected banking charges
- Priority counter service at branches nationwide
- Free debit card with loyalty rewards programs
- Increased daily limits on transactions
- Special rates on personal financing products
Tips for Upgrading Your Jaiz Bank Account
Useful tips when upgrading your Jaiz Bank account:
- Visit your home branch for faster offline upgrade experience
- Leverage convenient online/mobile channels for instant upgrade
- Choose account type based on usage – savings, current, corporate etc.
- Have valid means of ID, passport photo and minimum balance ready
How to Upgrade Jaiz Bank Account Offline
To upgrade at a Jaiz Bank branch, take these steps:
- Visit any Jaiz bank branch near you
- Ask to upgrade account from regular to preferred premium type
- Fill out account upgrade form and submit with attachments
- Pay one-time upgrade fee
- Fund new account to applicable minimum opening balance
- Receive upgrade confirmation message within 24 hours
Documents Required for Offline Upgrade
- Valid means of ID (national ID, driver’s license etc.)
- Passport photographs
- Proof of residence (utility bills etc.)
How to Upgrade Jaiz Bank Account Online
To seamlessly upgrade online, take these steps:
- Login to Jaiz Bank Internet Banking platform
- Go to the Account Upgrade section
- Select preferred premium account type you want to upgrade to
- Review terms, fill details and submit upgrade form
- Fund account immediately with required minimum balance
- Enjoy new upgraded account features instantly
Information Required for Online Upgrade
- Account number
- BVN number
- Valid means of ID
- Email address
- Phone number
- Minimum balance amount etc.
FAQs on How to upgrade Jaiz bank account easily (Online & Offline)
Here are some FAQ with answers On How to upgrade Jaiz bank account easily (Online & Offline).
1. Which Jaiz Bank account has easiest upgrade process?
Jaiz Bank Premium Current Account has the simplest upgrade requirements, making it the easiest to upgrade from regular savings.
2. Can I operate both old and new accounts after upgrade?
Yes, you can choose to keep your old regular savings account running alongside the newly upgraded premium account.
3. Is there a cost for simply upgrading account?
Yes, it is currently a defined one-time account upgrade fee charged to move regular account package to premium type based on variant.
4. Do I need to change my debit card after upgrade?
No, your existing debit card will continue functioning normally after upgrade. However, you may request for higher card types now eligible based on new account tier.
5. How many days does Jaiz Bank account upgrade take to complete?
Jaiz Bank account upgrade takes 1-3 working days for both offline and online applications to be fully processed.
6. Can I apply for financing after upgrading account?
Yes, upgrading allows access to personal financing products, overdrafts and credit facilities at discounted profit rates.
7. What is the minimum balance required to open current account?
Minimum balance required to open Jaiz current account upon upgrade is N100,000 for individuals per time.
8. Must I visit branch to upgrade corporate account package?
No, Jaiz Bank also allows initiating corporate account upgrade directly via internet banking or through mobile banking platform.
9. Which premium account types can I upgrade to?
The major account types you can upgrade to include: Premium Savings, Current, Corporate, Foreign Currency, Partnership accounts etc.
10. Can I downgrade after upgrading to premium account?
Yes, it is possible to seamlessly revert from the premium account back to your old regular savings account within 3 months without extra charges.
11. Is there a mobile app for account upgrade?
Yes, apart from Internet Banking you can also easily upgrade Jaiz Bank account via their mobile banking application.
12. What are the criteria to qualify for upgrade?
To qualify, you must run an existing savings account. Also have valid ID card, passport photo and meet special minimum profit deposits.
13. How much balance do I need after upgrade?
Minimum post-upgrade balance ranges from N5,000 for Premium Savings up to N250,000 for Jaiz Corporate Current accounts.
14. Can I upgrade savings account for my children?
Yes – parents/guardians can upgrade existing Jaizkids account to enjoy premium benefits by visiting any branch nationwide.
15. Is there any upgrade offer for teenagers?
Yes, the Jaiz Teen Trust savings account is also upgradable to premium benefits upon meeting stated terms and conditions.
16. How long does the whole upgrade process take?
The entire Jaiz Bank account upgrade process takes between 1-5 working days from start to completion.
17. Which bank branches can I visit to upgrade account?
You can walk into any Jaiz bank branch of the over 50 locations nationwide to initiate upgrade of your savings account to premium benefits.
18. Can I upgrade if I don’t have BVN yet?
No, having an active Bank Verification Number (BVN) is a key requirement to be eligible for account upgrade either online or offline.
19. I stay abroad, can I still upgrade savings account?
Yes, Nigerians abroad can upgrade to premium Jaiz Diaspora account by providing more details at a branch or via online banking.
20. My business has corporate account, can we also upgrade?
Yes, existing Jaiz Bank SME and commercial clients can request account upgrade to enjoy several added premium services.
Conclusion
Upgrading your Jaiz Bank account enables you enjoy premium non-interest banking services, flexible transactions, and tailored solutions. Multiple channels available for easy upgrade experience within 24 hours. Walk into any branch nationwide or login digitally to initiate seamless upgrade process.
After reading this article now you know How to upgrade Jaiz bank account easily (Online & Offline).
