Access Bank — review & details

In Bank accounts · By the Rateweb editorial team · How we rate · Details checked 1 Aug 2026

One of Africa's largest banking groups and a CBN-licensed commercial bank (RC-125384), pairing a huge branch and agent footprint with the AccessMore app and *901# USSD. A safe default for people who want everything — accounts, cards, loans, transfers — under one roof.

Best full-service network

Access Bank

One of Africa's largest banking groups and a CBN-licensed commercial bank (RC-125384), pairing a huge branch and agent footprint with the AccessMore app and *901# USSD. A safe default for people who want everything — accounts, cards, loans, transfers — under one roof.
★★★★☆
4.1/5 · How we rate
Standard CBN-regulated account tariffs
Monthly Fee
CBN commercial bank
Licence
NDIC-insured (to ₦5m, commercial bank tier)
Deposit Safety
Full-service banking with physical reach
Best For
traditional
Type
Pros
  • Vast physical network plus AccessMore app and *901# USSD for 24/7 access
  • Wide account range, from wallet-style entry accounts to premium tiers
  • Group scale across multiple African markets; strong remittance partnerships (Western Union, MoneyGram, Ria)
Cons
  • Standard incumbent charges apply — it is not a zero-fee challenger
  • Branch queues and paperwork persist for anything beyond basic requests
  • App experience trails the best of the digital-first rivals
Fees, eligibility & documents
Fees
Account maintenancePer CBN's regulated bank-charges guide
TransfersStandard regulated electronic transfer charges
Eligibility
  • Individuals resident in Nigeria (diaspora accounts available)
  • BVN required
  • Entry-tier accounts open with minimal documentation
Documents needed
  • Valid ID
  • BVN
  • Utility bill and passport photograph for full-tier accounts
Visit Access Bank
Want the full picture?
Our in-depth, independent review of Access Bank — how it works, the risks, and the fine print.
Read the full Access Bank review →

How Access Bank compares in bank accounts

Access Bank scores 4.1/5 in our bank accounts rankings. Our current top pick is Opay (4.3/5). Always compare a few before you decide — see the full bank accounts comparison.

Access Bank
4.1/5 · this page
 Opay
4.3/5
 Kuda
4.2/5
Monthly Fee Standard CBN-regulated account tariffs None None
Licence CBN commercial bank CBN national licence (Jan 2026) CBN microfinance bank
Deposit Safety NDIC-insured (to ₦5m, commercial bank tier) NDIC-insured NDIC-insured (to ₦2m, MFB)
Best For Full-service banking with physical reach Free transfers + agent cash-out App-first budgeting
Visit Access Bank → Visit Opay → Visit Kuda →

← Compare all bank accounts

Related comparisons

Savings & fixed deposits
16 compared →

Details last checked: July 2026

Ratings are Rateweb's editorial opinion. Product details are checked periodically but can change — confirm current terms with the provider before acting. We may earn a commission from some links, at no cost to you.