• Minimum opening balance of N1,000
• Minimum operating balance of N500
• Simplified account opening form.
• Mandatory issuance of debit card
• Regular savings interest rate applies.
• Can also be opened as a Salary Account.
• Operated primarily via the alternative channels e.g. POS, ATM, mobile phone etc.
• All over-the-counter withdrawals attract a flat charge of N150
• Free e-mail alert; SMS alert at a fee

• Minimum opening balance of N1,000
• Valid identification (including Trade/Market Association ID, valid e-tax clearance card, students ID card (backed with Admission Letter), Military/Paramilitary, NYSC, Government Parastatals ID, etc.
• 2 passport photographs
• Utility bill, e.g. PHCN

To open a FirstSavings Plus account,

• Download the FirstInstant Account Opening Form
• Complete the form and submit at the nearest FirstBank branch

What kind of identification is required to open a FirstInstant Account?

Any valid identification (including Trade/Market Association ID, valid e-tax clearance card, students ID card (backed with Admission Letter), Millitary/Paramillitary, NYSC, Government Parastatals ID, etc).

Is it mandatory to have a Debit Card for the FirstInstant Account?

Yes. A debit card is mandatory because customers are expected to use strictly alternate channels (ATMs, POS, FirstMobile, FirstOnline).

Is there any incentive for obtaining the Debit Card?

Yes it is obtained at a discounted rate.

Can a customer withdraw from the FirstInstant Account in the banking hall?

Yes, but over-the-counter withdrawals attract a charge of N150.

What is the Interest Rate on the FirstInstant Account?

Regular Savings Account interest rate applies.

Are references required for a FirstInstant Account?

No.