AltBank review
Updated October 12, 2026 · SumCue Editorial Team
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
AltBank is a non-interest digital bank offering banking, investments and asset management for personal and business goals. You get continuous customer support and a card for international use if you prefer digital banking without interest based products.
Key facts
Pros and cons
Pros
- Offers non-interest digital banking for personal and business goals.
- Combines banking with investments and asset management facilities.
- Provides a card positioned for international banking and added perks.
- Delivers continuous customer service that looks after everyday needs.
Cons
- Operates as a digital bank without branches described for in-person visits.
- Focuses on non-interest principles which narrows choice for some households.
- Centres activity around digital devices which limits offline access.
Who it suits
- Households wanting non-interest everyday banking
- Business owners seeking digital support for expansion
- People wanting banking with investment options together
Who should look elsewhere
- People wanting interest-based banking products
- People wanting branch based everyday banking
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 kind of bank is AltBank?+
AltBank operates as a non-interest digital bank. It presents banking, investments and asset management together. You manage goals for personal use or business expansion in one place.
What products does AltBank cover?+
AltBank covers digital banking alongside fund management and investment products. It also provides a card for everyday and international use. You can handle personal goals and business needs through its services.
Who can use AltBank?+
AltBank serves individuals with personal goals and owners planning business expansion. It highlights solutions for dreams and financial aspirations. You receive support that prioritises business needs and saves time.
Does AltBank support international banking?+
AltBank describes its card as a worldwide pass for international banking and added perks. It supports transactions on different devices wherever you are. You benefit if you want banking beyond local limits.
Which company operates AltBank?+
AltBank is operated by The Alternative Bank. (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 2023. (Source, checked September 26, 2026)
Sources
- altbank.ng checked September 26, 2026
Backs: Audience, Headquarters
“Personal - Business”
- altbank.ng/contact-us checked September 26, 2026
Backs: Support channels
“Call: 02017000555 - Email your complaint to us”
- altbank.ng/our-cards checked September 26, 2026
Backs: Card type, Features, Card network
“VERVE PLATINUM DEBIT”
- altbank.ng/personal checked September 26, 2026
Backs: Account kind, Minimum deposit
“AltSave - Giving you the ultimate freedom to bank with zero minimum balance required.”
- altbank.ng/who-we-are checked September 26, 2026
Backs: Founded, Legal entity, Licences
“In July 2023 when the Central Bank of Nigeria issued a Banking License to The Alternative Bank”
Compiled from 5 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.