Purple Account

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Summary
Target Market
Features
Benefits
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Own and operate your bank account freely and get the best value for your money.

Wema Purple Account offers financial freedom and grants you access to a Purple Debit MasterCard that can be used to shop online, in stores or to make withdrawals at ATMs across the world.

It gets even better; there are no minimum operating balance restrictions for the period when you need extra cash.

With a Purple Account, you have the freedom to explore whilst also getting access to fabulous discounts, rewards, etc.

Open a Purple Account Now!

  • Young people aged between 13 – 24 years
  • Students of secondary and tertiary institutions
  • Recent graduates/National Youth Corps members
  • Minimum opening balance of N1,000
  • No minimum operating balance required
  • Lodgement of dividends into the account (subject to presentation of one satisfactory referee)
  • No  transfer charges   (standing  instruction) from parent/guardian's account
  • Access to Internet and Mobile banking services
  • No charge for bank drafts purchased for payment of school fees for the account holder
  • Secure  and  easy  access  to  funds  using  a Wema  Card, WemaMobile or Wema Online
  • Periodic  incentive   packages based on   account balances/deposit build-up
  • Eligibility to receive periodic discount offers for cinema tickets,  airtime etc.
  • Completed account opening form
  • Copy of valid ID (Driver's Licence, National ID Card, International Passport or Voter ID Card). Where a valid ID is not available, the following is acceptable:
  • Tertiary  Institution's  student  ID  and  Letter  of Introduction/Admission
  • Where Student ID Card has not yet been issued, a document/letter duly signed and stamped by the school authorities with the student's passport photograph affixed would suffice
  • Copy of Utility bill (PHCN bill, Waste bill or Water bill issued within the last three months)
  • Where a conventional Utility bill is not available, Student Hall of Residence allocation letter is acceptable
  • Two passport photographs
  • Where the prospective customer is not in a tertiary institution, the parent/guardian can provide a relevant identification document.
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December 17, 2017
SHARE PRICE N 0.6200 Up
VOLUME TRADED 10,515,199 Up