It is relishing to open a Fidelity Bank account on the phone using the USSD (Unstructured Supplementary Service Data) code in Nigeria. With the 770 mobile banking, new customers can get a Fidelity account number (savings or current account) without queuing at the bank branch and accessing the internet.
In this guide, we’ll walk you through the process step-by-step, highlighting the benefits and considerations along the way. Let’s dive in
How are steps to open a Fidelity Bank Account on phone using the USSD Code:
Step 1: Dial the USSD *770*01#
Dial *770*01# on your mobile phone to start the process of opening a Fidelity Bank account.
Whether you are using Mtn, Glo, Airtel or 9 mobile network, dial this USSD code (*770*01#) to create your Fidelity account.
Step 2: Select BVN or No BVN Option
Fidelity Bank offer new customers 2 account opening options. You can choose to open your Fidelity account on phone by providing the BVN (Bank Verification Number) or not.
Select Option 1 to open a Fidelity bank account with BVN or select Option 2 to open a Fidelity account without BVN
While you can open a Fidelity account without a BVN, it is better to open it with a BVN.
Why?
It is frustrating having a bank account without a BVN in Nigeria, including Fidelity. First, its transaction limit is ridiculously low; it prevents you from sending or receiving large amount of money.
Second, because it is a CBN directive, the bank will keep disturbing you with messages to link your account with the BVN.
At the end, you will need to link the BVN to your bank account to enjoy more benefits or lose the account.
Read: How to Link BVN/NIN to a Fidelity Account Number
Step 3: Provide Personal Information
The next step is entering personal details to open Fidelity account. Don’t fret, this is easy to do on phone.
In this order, the system will prompt you to enter the following personal information:
- First Name
- Middle Name
- Last Name
- Gender
- Account Officer code
- Date of Birth
- Phone number
Note: Middle name and account officer code are optional. If you do have this information, press “0” to skip any of it.
Step 4: Complete Account Set Up
Thereafter, confirm your details and complete the account opening process by following the instructions on your screen.
Be patient to follow these steps to the end. If you make a mistake at any point, start over again to open the Fidelity account.
Step 6: Receive Confirmation
Upon successful completion, Fidelity bank will send you a message to your phone. The SMS will welcome you to Fidelity bank and state your new Fidelity bank account number.
Finally, you have a Fidelity bank account. It takes less than 10 minutes to open it on your phone using Fidelity USSD code.
Right now, start enjoying the benefits of your new account and explore the range of banking services offered by Fidelity Bank Plc.
Requirements to Open Fidelity Bank Account with USSD Code
Opening a Fidelity bank account using USSD code is a convenient option that requires minimal documentation. Here are the basic requirements:
1. Mobile Phone:
To open a Fidelity account on the phone, you need a mobile phone that can make a call. This means you can dial the Fidelity code to open an account on a basic phone or a smartphone. It is that simple!
Also, Fidelity Bank code works on every mobile network in Nigeria. Dial the USSD code on Mtn, Glo, Airtel or 9 mobile network to open a Fidelity Bank account easily.
2. Personal Information:
Entering personal information is part of the requirement to open a Fidelity account. Ofcourse, this is ideal for anything valuable like opening bank account.
You will need to provide your personal details such as your full name, date of birth and BVN.
3. BVN (Optional):
One can open a Fidelity account with or without a BVN by using the USSD code. Although not required, entering your BVN is needed for identity verification purposes.
You enjoy more benefits for entering the 11 digit BVN number to open your Fidelity account. These benefits such as increased transactions limit cannot be enjoyed unless you enter the BVN details.
Interestingly the option to select between a BVN or no BVN account is only available for USSD Banking. To open a Fidelity bank account on the website online or the branch, you must provide the BVN.
By meeting these basic requirements, you can easily open a Fidelity bank account using USSD code and start enjoying the benefits of mobile banking without the need for internet access or physical branch visits.
Pros and Cons of Using USSD Code to Open Fidelity Bank Account
Opening a Fidelity bank account with USSD code offers several advantages, but it also comes with its own set of considerations. Let’s explore the pros and cons:
Pros:
- Accessibility: Fidelity USSD code allows for account opening from any location, even in areas with limited internet connectivity, making banking services more accessible to a wider population especially the unbanked.
- Convenience: The process is quick and stress-free. It requires minimal documentation and eliminate the need for physical branch visits, saving time and effort.
- Instant Account Setup: With USSD, accounts can be opened instantly. You can start using Fidelity account immediately for transactions and fund transfers.
- No Internet Required: The Fidelity USSD code operates on GSM network. Since it requires no internet access, basic phone and smartphone users can use it to open Fidelity account, promoting financial inclusion.
- Secure Transactions: USSD transactions are encrypted and require PIN authentication, ensuring the security of customer information and transactions.
Cons:
- Incomplete Account Registration: Opening a Fidelity account requires a minimal documentation which means it is incomplete. You are not required to upload a passport photograph and valid ID which are vital documents in opening a bank account.
This type account is classified as tier 1 having limited features compared to online or branch-based methods. So you will need to visit a Fidelity branch complete to your account and enjoy more benefits. - Transaction Limit: There is a transaction limit for opening a fidelity bank account using the USSD code. You cannot transact large sum of money but restricted to 50,000 Naira. If not satisfied, you can remove this limit by visiting a Fidelity branch to upgrade the account.
Overall, opening a Fidelity bank account with USSD code offers a convenient and accessible banking solution. However, it is suitable for low income individuals, those satisfied with the low transaction limit, without internet access or those in remote areas.
Therefore, it’s essential to weigh the pros and cons and consider your specific banking needs before opting for this method.
Alternative Method to Open Fidelity Bank Account
While opening a Fidelity bank account via USSD code offers convenience and accessibility, there are alternative methods available to suit different preferences and needs:
1. Fidelity Website:
Fidelity Bank’s official website provides an online platform for account opening.
Simply visit the Fidelity bank’s website, click on open an account at the top page, and follow the instructions to fill out the online application form.
Below are the types of account you can open on Fidelity website:
- Personal Account: Savings, current account, Diaspora account and SWEETA account.
- Business account
Unlike the USSD code, opening Fidelity account on the website online offers a complete account registration. It saves you the stress of visiting Fidelity bank again to provide more documentation.
2. Mobile App:
Fidelity Bank offers a mobile banking app that allows customers to open accounts and access a wide range of banking services directly from their smartphones.
Download the Fidelity Bank mobile app from your device’s app store, register/sign in, and follow the prompts to open a new account.
Fidelity Bank Branch:
The Fidelity bank branch is a traditional way of opening a bank account. While it can be frustrating visiting a the bank to open an account, using this method guarantees your account is fully ready.
Locate the nearest Fidelity branch. Approach the customer service desk and a representative who will guide you through the account opening procedure.
Whether you prefer the simplicity of USSD banking, the flexibility of online channels, or the personalized assistance of branch services, Fidelity Bank provides multiple avenues for opening a new account tailored to your needs.
Alternative Nigerian Banks USSD Code to Open an Account
In addition to Fidelity Bank, several other Nigerian banks offer the convenience of opening an account using USSD codes. Here are some alternative options:
1. Zenith Bank:
Zenith Bank provides a USSD service known as *966# Easy Banking, allowing customers to perform various banking transactions, including opening accounts, transferring funds, and checking balances, all through their mobile phones.
2. Guaranty Trust Bank (GTBank):
GTBank offers the *737# mobile banking service, which enables customers to open new accounts, transfer money, pay bills, and purchase airtime, among other transactions, using USSD codes.
3. Access Bank:
Access Bank’s *901# USSD service provides a quick and convenient way for customers to open new accounts, transfer funds, pay bills, and perform other banking activities directly from their mobile phones.
4. First Bank of Nigeria:
First Bank’s *894# Quick Banking service allows customers to open accounts, transfer funds, recharge airtime, pay bills, and access other banking services using USSD codes, providing a seamless banking experience.
5. United Bank for Africa (UBA):
UBA’s *919# Magic Banking service offers a wide range of banking functionalities, including account opening, fund transfers, airtime purchase, bill payments, and more, all accessible through USSD codes.
FAQs on Opening Fidelity Bank Account
Here are some frequently asked questions (FAQs) and their answers regarding opening a Fidelity Bank account using USSD code:
Conclusion
It is impressive opening a Fidelity bank account on a phone using USSD code in Nigeria. With this, a first-time account holder can confidently get a Fidelity account number within a few minutes.
By dialing *770*01# and following a few simple steps, you can open a Fidelity bank account without the need for internet access or physical branch visits.
I hope you find this information helpful.
Therefore, try it and let me know your experience by dropping comments below.
