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ALAT by Wema review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

ALAT by Wema suits anyone in Nigeria who wants an everyday spending account opened and run entirely from a phone, with no branch visit. Its debit card comes with free ATM withdrawals of NGN 150,000, and the account is licensed by the Central Bank of Nigeria.

Key facts

Best for
Running everyday spending in Nigeria from a phone, with a wide free ATM withdrawal allowance.
Free ATM withdrawals
NGN 150,000↗
Card type
Debit↗
Card network
Visa↗
Legal entity
Wema Bank Plc↗
Headquarters
Nigeria↗
Founded
2017↗
Support channels
Phone, Email, Chat↗
Features
Multi-currency, Virtual card, Travel
Official website
alat.ng

Savings

Access terms
Digital access via mobile phone, PC or tablet, no branch visit required↗
Account kind
Easy access↗

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInXWikipedia

Pros and cons

Pros

  • The account opens and runs on a mobile phone, PC or tablet, so no branch visit is needed.
  • Free ATM withdrawals of NGN 150,000 come with the debit card.
  • The listed features cover multi-currency, a virtual card for online payments and travel.
  • Help is available on phone, email and chat.

Cons

  • It is a single market account: it is run by Wema Bank Plc and listed in Nigeria, so it is not aimed at people banking in the UK or Europe.
  • The card runs on visa, so it will not work on other card networks.
  • The account kind is easy access, so there is no fixed-term or notice account in the same range.
ALAT by Wema

Ready to try ALAT by Wema?

Scored 8.8 / 10 by SumCue.

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Who it suits

  • Nigerian account holders who want everyday spending set up on a phone, PC or tablet, with no branch visit.
  • People who withdraw cash often, since the free ATM allowance is NGN 150,000.
  • Travellers and online shoppers who want multi-currency and a virtual card, both part of the listed features.

Who should look elsewhere

  • Anyone banking in the UK who wants a free ATM allowance close to home: Starling Personal Account Debit Card lists £0 free.
  • Travellers who mostly need cash abroad: Wise includes a free ATM allowance of £250.

The company behind it

ALAT is the digital account of Wema Bank Plc, which is based in Nigeria and was founded in 2017. Customers reach it through a mobile phone, PC or tablet, and support runs on phone, email and chat. The account is a digital product, so day to day banking happens on your own device rather than over a counter.

How ALAT by Wema compares

Where ALAT by Wema 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 is ALAT by Wema and how do I open it?+

ALAT is the digital account of Wema Bank Plc, a bank founded in 2017 and based in Nigeria. You open and use it on a mobile phone, PC or tablet, so no branch visit is needed. The card issued is a debit card on visa, aimed at everyday spending in Nigeria.

How much can I withdraw from ATMs for free?+

The debit card comes with free ATM withdrawals of NGN 150,000. For comparison, Wise lists a free allowance of £250, Starling Personal Account Debit Card lists £0 and Upgrade OneCard™ lists $0, though those figures are set in other markets.

Who regulates ALAT and where does it operate?+

ALAT is operated by Wema Bank Plc and licensed by the Central Bank of Nigeria in Nigeria, so it is a regulated bank account rather than a trading platform or marketplace. The licence sits with the bank itself, which also sets the account and card terms you sign up to.

What card do I get and can I use it abroad?+

You receive a debit card that runs on visa. The features listed for it cover multi-currency, a virtual card for online payments and travel, so overseas trips and buying online are part of the design rather than an extra add on.

How do I get help if something goes wrong?+

Support runs on phone, email and chat, so you can reach the team by phone, email or chat. Because the account is digital, questions are handled through those channels rather than over a counter, and the same routes cover card problems such as a blocked debit card.

Is my money easy to get at, or is it locked in?+

The account kind is easy access, so the balance is held for easy access rather than in a fixed-term or notice pot. Access is digital: you check and move your money on a mobile phone, PC or tablet, and the debit card spends it directly.

Is ALAT the right account for me?+

ALAT suits Nigerian account holders who want everyday spending set up from a phone and who take out cash reasonably often, given the free ATM allowance of NGN 150,000. It suits them less if they bank outside NG, want a fixed-term account instead of easy access, or need a card that works on more than visa.

Sources

  • alat.ng checked September 26, 2026

    Backs: Features

    “virtual and physical debit cards, virtual dollar card”

  • en.wikipedia.org/wiki/Wema_Bank checked September 26, 2026

    Backs: Access terms, Account kind, Founded, Headquarters, Legal entity, Licences

    “ALAT allows users to carry out all of their banking needs using a mobile phone, PC, or tablet without having to enter a physical bank.”

  • purpleconnect.wemabank.com/support/solutions checked September 26, 2026

    Backs: Support channels

    “Customer support via phone 070-PURPLE, email help@alat.ng, and live chat”

  • purpleconnect.wemabank.com/support/solutions/folders/6700... checked September 26, 2026

    Backs: Free ATM withdrawals, Card type, Card network

    “N150,000 on ATM, N1,000,000 on the Web and POS”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Currency conversion fee, Protection.

Related by the facts

ALAT by Wema

ALAT by Wema

Running everyday spending in Nigeria from a phone, with a wide free ATM withdrawal allowance.

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