AltBank review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
For people managing personal goals and business expansion, AltBank provides digital banking combined with investments and asset management. AltBank is a digital bank where everyday accounts sit beside investment options and a card that supports use across borders on any device for daily needs.
Key facts
- Best for
- Digital banking linking everyday accounts with investments
- Monthly fee
- NGN 0↗
- Transfer fee
- No withdrawal charges on AltCheck↗
- Legal entity
- The Alternative Bank Limited↗
- Headquarters
- Nigeria↗
- Founded
- 2014↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Students, Teens
- Pricing model
- No monthly fee
- Features
- Digital-only
- Official website
- altbank.ng
Money transfer
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Joins everyday accounts with investments for personal plans and company aims
- Includes fund management and asset management within one digital setup
- Offers a card that supports transactions across borders on any device
- Keeps attention beyond transactions with structures for longer term aims
Cons
- Digital only access leaves no branch alternative for everyday account handling
Who it suits
- People linking everyday banking with investment planning
- Holders wanting cross border card use on any device
Who should look elsewhere
- People preferring branch based account management
How AltBank compares
Where AltBank is available
- Available
- Nigeria
- Licence in Nigeria
- Central Bank of Nigeria, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What products does AltBank cover?+
AltBank covers digital banking for everyday needs alongside investments and wider products shaped around different needs. Fund management and asset management sit within the same range for longer term planning. A card that does it all supports transactions on any device in different locations.
Who is AltBank designed for?+
AltBank fits people working toward personal aims as well as owners guiding company growth. The combined banking and investment range helps those who want everyday accounts and longer term structures together. The digital setup helps people who manage activity on any device wherever they are.
How does the AltBank card work in plain terms?+
The card acts as an international tool for everyday transactions beyond local limits. Holders initiate activity on any device wherever they happen to be. The design links daily spending with broader banking and investment structures in one place.
What kind of company is AltBank?+
AltBank is The Alternative Bank, a digital bank built around future focused methods rather than past models. The approach goes beyond transactions and centres on structures that support dreams and aspirations. Digital banking, investments and asset linked products form the core of the company.
Does AltBank charge a monthly fee?+
The monthly fee at AltBank is NGN 0. (Source, checked September 26, 2026)
Where is AltBank based?+
AltBank is based in Nigeria. (Source, checked September 26, 2026)
When was AltBank founded?+
AltBank was founded in 2014. (Source, checked September 26, 2026)
How can I contact AltBank support?+
AltBank offers support through Email, Phone, Help-centre. (Source, checked September 26, 2026)
Sources
- altbank.ng checked September 26, 2026
Backs: Headquarters
“Registered address: 20 Marina, Lagos.”
- altbank.ng/altbank checked September 26, 2026
Backs: Delivery time, Payout methods
“including instant transfers, bill payments, debit card management, bank letter requests”
- altbank.ng/altbank checked September 26, 2026
Backs: Features
“AltBank App is a digital banking platform designed to provide seamless banking services”
- altbank.ng/contact-us checked September 26, 2026
Backs: Support channels
“Call: 02017000555 - Email your complaint to us”
- altbank.ng/personal checked September 26, 2026
Backs: Account kind, Audience, Minimum deposit, Pricing model, Monthly fee, Transfer fee
“AltSave - Giving you the ultimate freedom to bank with zero minimum balance required.”
- altbank.ng/terms-and-conditions checked September 26, 2026
Backs: Legal entity
“operated by The Alternative Limited operated by The Alternative Bank Limited”
- altbank.ng/we-are-redefining-how-you-pay-bank-charges checked September 26, 2026
Backs: Fee to send 1,000
“For inter-bank transfers or to other banks, transactions below N5000 cost N10 plus VAT”
- altbank.ng/who-we-are checked September 26, 2026
Backs: Founded, Licences
“Our adventure started with a grand idea in January 2014”
Compiled from 8 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currency conversion fee, Currencies.