Why Do You See a Debit Called “Monthly Access Fee”?
You might have noticed a charge labeled “Monthly Access Fee” on your settlement account statement. This fee is part of our commitment to maintaining and enhancing your card experience.
Curious about that “Monthly Access Fee” popping up on your statement? Let’s dive into what it’s all about and why it’s actually a win for you!
What’s the Deal with This Fee?
You might have noticed a charge labeled “Monthly Access Fee” on your settlement account statement. This fee is part of our commitment to maintaining and enhancing your card experience. Whether you're swiping your Naira card or tapping away with your virtual USD card, this fee ensures you get top-notch service, security, and all those awesome features you love.
Breaking Down the Numbers
For Naira Cards:
The fee is set at ₦50,000 per month.
For Virtual USD Cards:
The fee is $500 per month.
Flexible Payment Options
We get it—life is busy, and flexibility is key. That’s why you can choose how you want to pay:
- Monthly: Every month
- Quarterly: Every three months
- Bi-Annually: Twice a year
- Annually: Once a year
Or, you can give us authorisation to charge your settlement account automatically, or request an invoice with a designated account for payment. Just let us know your preference, and we’ll sort it out.
Behind the Scenes: How We Keep Things Smooth
At Sudo, our finance team is on top of their game to ensure everything is in check. We maintain detailed data that tracks each customer’s signup and payment status. This not only helps us keep things organised but also ensures we can provide you with the best possible service. Plus, this fee helps us maintain the infrastructure that powers your seamless card experience.
Why the Fee Matters
You might be wondering, “Why do we have this fee?” Here’s why:
- Top-Notch Security: Keeping your transactions safe is a top priority.
- Continual Improvement: We invest in new features and updates to keep your card experience fresh and efficient.
- Customer Support: Our team is here to help you with any issues, big or small.
Wrap Up
So, next time you see that “Monthly Access Fee” on your statement, remember—it’s not just a charge; it’s a ticket to better service, exclusive perks, and enhanced security. If you have any questions or need to adjust your payment plan, just hit us up. We’re here to make your financial journey smooth and hassle-free!
Stay awesome and keep spending smart! ✨