Here, you will be shown how to activate Zenith bank account and get the easy access to many of the bank’s beneficial, financial products. Zenith bank is one of the most respected Nigerian banks, though it is first to none and of course, second none. The controversies around the Zenith bank may be that it is the bank of only the rich, probably because of its strict steps account registration/activation, or the high financial requirements of each of the accounts (savings, salary, current, etc.)
Despite the controversies, the numerical figure of Zenith bank’s customer base is daily getting high. As matter of fact, they can be said to be among the banks with the highest number of customers. This is owing to the truth that the bank is your financial command center from where you can make payments to customers with accounts anywhere in the world, confirm cheques, stop cheques, issue drafts and pay Import Duty amongst other functions.
Corporate Internet Banking (CIB) service has made it efficient for you to carry out secure internet banking transactions and e-payments of all kinds, monitor trade transactions and administer payroll on the Zenith bank financial platform.
When Did Zenith Bank Began?
Zenith Bank Plc was established in May 1990, and commenced operations in July of the same year as a commercial bank. The Bank became a public limited company on June 17, 2004 and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004 following a highly successful Initial Public Offering (IPO). Zenith Bank Plc currently has a shareholder base of more than half a million and is Nigeria’s biggest bank by tier-1 capital. In 2013, the Bank listed $850 million worth of its shares at $6.80 each on the London Stock Exchange (LSE).
Headquartered in Lagos, Nigeria, Zenith Bank Plc has over 500 branches and business offices in prime commercial centres in all states of the federation and the Federal Capital Territory (FCT). In March 2007, Zenith Bank was licensed by the Financial Services Authority (FSA) of the United Kingdom to establish Zenith Bank (UK) Limited as the United Kingdom subsidiary of Zenith Bank Plc.
Zenith Bank also has subsidiaries in: Ghana, Zenith Bank (Ghana) Limited; Sierra Leone, Zenith Bank (Sierra Leone) Limited; Gambia, Zenith Bank (Gambia) Limited. The bank also has representative office in The People’s Republic of China. The Bank plans to take the Zenith brand to other African countries as well as the European and Asian markets.
How to Activate Zenith Bank Account.
Below you will be having the abundance of knowing how to activate Zenith bank account depending on the one you will have interest in activating or opening:
1. Savings Account
The Zenith Individual Savings Account is recommended if you have a specific savings goal in mind or you just want to start setting money aside. This account offers interest on your funds regardless of the goal.
Benefits of this Account
- Zero account opening balance
- Earn interest at 1.15%
- MasterCard/Visa/Verve debit card
- Internet banking
- Zenith mobile banking app
- Email and/or SMS alerts
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of signatory
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card) - Residence permit (where applicable)
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent
receipt, telephone bill) - Two independent and satisfactory references should you want to deposit cheques over N2,000,000.00
2. EazySave Premium Account
EazySave Premium Account is designed to facilitate financial inclusion, permitting individuals with minimal forms of identification. Enjoy a value adding banking relationship with us.
Benefits of this Account
- Zero account opening balance
- Maximum single deposit N100, 000.00
- Maximum cumulative account balance N500, 000.00
- Earn interest at 1.15%
- Verve debit card
- Email and/or SMS alerts
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of signatory
- Identification of signatory (Driver’s License, International Passport, National Identity Card or Voter’s Card)
3. Save4me
Save4meis a high interest yielding account designed for customers to save towards a specific target. The customer can open several target accounts for different purposes.
Benefits of this Account
- Interest rate 1.15% P.A.
- Virtual account to the main account
- No withdrawal allowed within the first 3 months
- Minimum of 3 months and maximum of 12 months
- Can be rolled over
- Minimum of deposit of N10,000
- Frequency – Daily, weekly, monthly
Steps to Opening this Account
- You must have an Individual Savings or Current Account.
4. Zenith Children’s Account (ZECA)
The Zenith Bank Children’s Account is a unique savings account designed to allow parents save for their children’s future and teach them about savings from a tender age. The account is modeled in two tiers for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline. ZECA account is modeled in two tiers for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline.
The first is for those who are in the age range of 0-12 years old, and these are the benefits standing up for them:
- Zero account opening balance
- Interest rate at 1.15%
- Standing order credit option
- Cheque, draft and dividend lodgment
- Invitation to the annual Zenith Children’s Parade
The second is for those who are in the age range of 13-17, and the following are the benefits awaiting them if this account is opened for them:
- Naira MasterCard (a prepaid card issued upon Parent’s request) so he/she can start learning to manage money responsibly
- Zero account opening balance
- Interest rate at 1.15%
- Standing order credit option Cheque, draft and dividend lodgment
- Customized ZECA Teen Card
- Invitation to the annual Zenith Children’s Parade
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of Guardian/Parent and child
- Birth Certificate of Child
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card) - Residence permit (where applicable)
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent receipt, telephone bill)
5. Zenith Eazy Account
The Zenith Eazy Account is a non-BVN enabled instant savings account.
Benefits of this Account
- Your phone number is your account number.
- No identity card, utility bill or reference requirements.
- Maximum daily account balance limit of N300,000 and withdrawals in multiples of N20,000.
- Cardless withdrawals at ATMs and Zenith Agent locations.
- Transfers to any Bank account in Nigeria.
- Airtime purchase, Bills payment and lots more.
Steps to Opening this Account
- This Zenith bank savings account can only be created by simply dialing the shortcode *966*77#.
6. Salary Current Account
The Zenith Salary Account is designed to provide easy and convenient access to your funds, because you have worked hard all month. This plan also added to the fact that you automatically have access to products that will further enhance your banking experience.
Benefits of this Account
- Zero opening balance
- Internet Banking
- Eazymoney
- Debit Card
- Email/SMS Alerts
- Salary advance
- Consumer loans
- Term loans
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One passport photograph of authorized signatory
- Letter of introduction from your employer on the company’s letterhead
- Staff identity card
7. Individual Current Account
Activate a Zenith Bank current account with full KYC (Know Your Customer) requirements and gain access to the world of convenience that comes with owning a Zenith Bank account. Current bank account is opened by businessmen who have a higher number of regular transactions with the bank. The current account is also called Demand Deposit Account.
Benefits of this Account
- Zero account opening balance
- Internet Banking
- Zenith Mobile Banking app
- *966# Eazybanking
- MasterCard/Visa/Verve debit card
- Email/SMS Alerts
- Cheque book
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of signatory
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card) - Residence permit (where applicable)
- Two independent and satisfactory references
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent
receipt, telephone bill)
8. Platinum Premium Account
Platinum premium account is the highest yield, current account product that is best suited for customers that have more inflow transactions than outflows. It is designed to provide maximum interest payments on daily account balances and minimum charges on transactions.
Benefits of this Account
- Opening balance of N3,000,000
- Interest bearing of 1.6% p.a on N3,000,000 minimum balance
- No Account Maintenance Fee (AMF) on first 5 withdrawals. AMF will apply on all withdrawals if more than 5 withdrawals are made per month.
- International transaction monthly limit of $4,000
- MasterCard Platinum debit card
- Get quick and easy access to 800 Lounge Key airport lounges in over 130 countries globally with your MasterCard Platinum debit card. To register: www.loungekey.com/en/zenithbankplatinumcard OR download the Lounge Key App from the App store
- Enjoy two free complimentary access to Lounge Key airport lounges
- Prepaid card for wards/domestic staff
- Transaction discounts from selected merchants.
- Emergency Card Replacement: Through MasterCard Global Service™ Platinum debit cardholders get emergency card replacement for cards reported lost/stolen, upon issuer authorization, within 1 business day in the US or 2 business days internationally.
- Emergency Cash Disbursement: Through MasterCard Global Service™ Platinum debit cardholders can get up to $2,000 emergency cash disbursed within 2 hours at any of 250,000 Western Union locations worldwide.
- Fraud Protection: Platinum cardholders who report their card lost or stolen are covered for any unauthorized charges that occur on their card via the ATM, POS, Online or Telephone, in the 24-hour preceding reporting such event to the bank.
Maximum Amount Payable per Card:
Per occurrence – $2,000 or naira equivalent
Per Year – $3,000 or naira equivalent. - Purchase Protection: Platinum cardholders are insured for loss of a purchase due to accidental damage or theft occurring within ninety (90) days from the date of purchase with the Platinum debit card as indicated on the store receipt.
Maximum amount payable per Card:
Per occurrence: $2,000 or naira equivalent
Per Year: $5,000 or naira equivalent - Direct access to our 24 hours customer service help desk
- Cheque book (clearing enabled)
- Internet banking
- Zenith mobile banking app
- Email/SMS alerts
- MasterCard Discounts
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of signatory
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card) - Residence permit (where applicable)
- Two independent and satisfactory references
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent
receipt, telephone bill)
9. Timeless Account
This account is especially reserved for the senior citizens of the country. It is almost the same with the ordinary current account on the Zenith Bank platform.
Benefits of this Account
- Free SMS notification, cheque book and debit card
- Free statement printing
- AMF free
- Zero Account Opening
- Priority service at the branch
- Travel and holiday offers
Steps to Opening this Account
- To activate Zenith bank account, you must go to the bank or do it online and then fill the form with the required information
- One recent clear passport photograph of signatory
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card) - Residence permit (where applicable)
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent
receipt, telephone bill) - Two independent and satisfactory references
10. Extra Information on Zenith Bank Codes
For the efficiency that may be needed in cases where there is no access to internet, the Bank has also provided different USSD platforms on which customers can perform some very important transactions.
