Every time you add money with a card, we are charged a fee by the payment gateway (eg. Paystack, Flutterwave, Interswitch) that connects any bank card to your Kuda account.

It’s really hard to trace the source of the money being moved from a card, so fraudsters love using card payments to cover their tracks and transfer stolen money. 

For these reasons, we’ve made three new rules we need you to know:


Rule #1: You must upgrade your Kuda account to add money with a card.

  • To keep everyone and their money as safe as we can, we cannot compromise on this.

  • Without a Bank Verification Number (BVN) and a government-issued ID, you can add money to your account strictly by transfer or cash deposits.

  • Tap More at the bottom of your Kuda dashboard then tap Identification to add your BVN and ID.

Rule #2: You will pay a payment gateway fee for adding money to your account with a card.

  • The payment gateway fee for local cards is 100 naira + 1.5% of the amount you’re adding.

  • Please, this fee isn’t from us but we will let you know how much it is before you move money from your card to your accounts.

  • Cash deposits and transfers to your account are always free.

  • We’ll make sure we send you a message when you’re approaching the free limit.