GTBank scraps charges on GTCrea8 account for young undergraduates.

The GTB has removed any transfers fee on all charges which includes USSD transactions and bank alerts for undergraduates 16 to 25 years old who run GTCrea8 accounts.

Over the years, tens of thousands of university undergraduates have benefited from GTCrea8 concerts, masterclasses, digital training, education support grants, and several other initiatives championed by the bank to ensure students have a more rewarding campus experience.

The bank’s new initiative will enable millions of students across the country to bank for free.

Some of the charges that GTCrea8 account holders will no longer have to pay include charges on bank transfers, even when the transfer is to other banks.

Undergraduates will also not be charged for using 737, the bank’s industry-leading USSD service, nor will students be charged for transaction alerts received whether via SMS or email.