Palmpay OK Card, How to Repay, Deactivate and Unfreeze Account
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Palmpay OK Card, How to Repay, Deactivate and Unfreeze Account
Palmpay OK Card is known as a virtual card that provides users with access to loans from Palmpay app.
The card is primarily designed to be easy to use and can be activated within seconds on the Palmpay app if you actively use your account either for utility payment, save, invest etc. Once the Ok card is activated, you may apply for loans and receive funds directly to their Palmpay account easily.
Note that Palmpay ok card has a daily interest rate of N2 and repayment must be made on the 1st and 16th of every month.
In this article, you will explore a detailed guide on how to repay palmpay ok card loan, how to deactivate and unfreeze palmpay ok card account easily and hassle-free.
Let’s delve in right now.
Palmpay OK Card, How to Repay, Deactivate and Unfreeze Account
How to Repay Palmpay Ok Card
If you have borrowed money from the Palmpay Ok Card, making repayment of the loan alongside its interest rate is compulsory.
To repay your Palmpay OK card loan, you can follow the steps and instructions provided here:
Read: Fairmoney Vs Renmoney And Palmpay; Which Is The Best Loan App?
Open the Palmpay app on your device.
On the homepage, click on the “Finance” button located at the footer.
On getting there, look for the option to repay your OK card.
You will even see the loan to be repaid immediately after clicking the finance button.
Click on the repayment option and follow the instructions provided.
Enter the amount you wish to repay.
Choose your preferred payment method.
Confirm the repayment details and proceed with the payment.
Once the payment is successful, your OK card will be repaid.
Additionally, if you have any overdue reminders, you can deactivate the OK card through the app’s service section.
This will ensure that you no longer receive reminders for repayment.
How To Withdraw From Palmpay Ok Card
On how to withdraw from palmpay ok card, I’d tell you the process is simple.
To withdraw money from your Palmpay OK card, you can follow these steps:
Open the Palmpay app on your device.
Go to the “OK card” section within the app by clicking on the finance button at the footer of the homepage.
Look for the option to withdraw funds from your OK card.
Click on the withdrawal option and follow the instructions provided.
Enter the amount you wish to withdraw.
Choose your preferred withdrawal method, such as bank transfer or mobile money.
Confirm the withdrawal details and proceed with the transaction.
Once the withdrawal is successful, the funds will be transferred to your chosen account or mobile money wallet.
How To Deactivate And Unfreeze Palmpay Ok Card Account
To deactivate and unfreeze your Palmpay OK card account, you can follow these steps:
Deactivating the Palmpay OK card account:
Open the Palmpay app on your device.
Navigate to the “Cards” section within the app.
Look for the option to deactivate your OK card.
Click on the “Deactivate card” option.
Follow the instructions provided to complete the deactivation process.
Deactivating the OK card is crucial in halting any overdue reminders.
Unfreezing the Palmpay OK card account:
Open the Palmpay app on your device.
Navigate to the “Cards” section within the app.
Look for the option to reactivate your OK card.
Click on the “Reactivate card” option.
Follow the instructions provided to complete the reactivation process.
Once the reactivation is successful, your Palmpay OK card account will be unfrozen.
FAQs On Palmpay OK Card, How to Repay, Deactivate and Unfreeze Account
Here are some helpful frequently asked questions on Palmpay OK Card, How to Repay, Deactivate and Unfreeze Account with answers:
How do I activate my OK card?
To activate your OK card, you can follow these steps:
Open the Palmpay app on your device.
Navigate to the dashboard and click on “OK card”.
Then, click on “ACTIVATE OK CARD“.
Follow the instructions provided to complete the activation process.
How do I deactivate my PalmPay account?
To deactivate your PalmPay account, you can follow these steps:
Open the Palmpay app on your device.
Navigate to the “Settings” section within the app.
Look for the option to deactivate your account.
Click on the “Deactivate account” option.
Follow the instructions provided to complete the deactivation process.
How do I unbind my card on PalmPay?
To unbind your card on PalmPay, you can follow these steps:
Open the Palmpay app on your device.
Navigate to the “Cards” section within the app.
Look for the option to unbind your card.
Click on the “Unbind card” option.
Follow the instructions provided to complete the unbinding process.
How can I pay back my loan on PalmPay?
To pay back your loan on PalmPay, you can follow these steps:
Open the Palmpay app on your device.
Navigate to the “Loans” section within the app.
Look for the option to repay your loan.
Click on the “Repay loan” option.
Follow the instructions provided to complete the repayment process.
How much can I borrow from palmpay ok card?
The amount users can borrow depends. If you actively use palmpay for all sorts of transactions, you will be able to access a loan up to N150,000.
If on the other hand you’re a new user, the amount of money you can borrow will start from as low as N1,000.
It is recommended to always repay on time to increase your credit score and access higher loans.
