OPay Personal Account

OPay Personal Account: Complete Guide 2026

OPay has revolutionized digital banking in Nigeria, and in 2026, it’s better than ever. With its recent upgrade to national bank status by the Central Bank of Nigeria (CBN), OPay now offers enhanced services, improved security features, and competitive savings rates of up to 18% per annum.

What is OPay?

OPay is a leading digital financial services platform in Nigeria that provides mobile money transfers, bill payments, savings, investments, and more, all through a user-friendly mobile app. In 2026, OPay operates as a national bank, allowing it to serve customers across all 36 states and offer expanded banking services.

Key Highlights 2026:

• ✅ National Bank License – Full banking capabilities nationwide
• ✅ Enhanced Security – 7 new security features launched
• ✅ Competitive Savings – Up to 18% annual interest
• ✅ Free Transfers – No charges on most transactions
• ✅ Instant Account Opening – Register in minutes
• ✅ 24/7 Customer Support – Always available

Money Transfers:

• Send and receive money instantly
• Free transfers to other OPay users
• Transfer to any Nigerian bank account
• International money transfers available

Bill Payments:

• Electricity bills (PHCN, EKEDC, IKEDC, etc.)
• Cable TV subscriptions (DSTV, GOtv, Startimes)
• Internet services
• Water bills
• Government levies and taxes

Airtime & Data:

• Buy airtime for all networks (MTN, Glo, Airtel, 9mobile)
• Purchase data bundles
• Up to 6% instant cashback on top-ups

Other Services:

• Fund betting accounts (Bet9ja, SportyBet, etc.)
• Pay for Cowry Card and other services
• Merchant payments
• QR code payments

OPay offers multiple savings products through its OWealth platform:

OWealth Savings

• Interest Rate: 15% per annum on first ₦100,000
• Additional Funds: 5% per annum on amounts above ₦100,000
• Payment: Daily interest credited
• Flexibility: Withdraw anytime
• Interest Rate: 15% per annum
• Minimum: No minimum deposit
• Withdrawal: Anytime without penalty
• Best For: Emergency funds and short-term goals
• Interest Rate: 17% per annum
• Purpose: Save towards specific goals
• Auto-Save: Set daily, weekly, or monthly deposits
• Lock Period: Optional lock until target date
• Interest Rate: Up to 18% per annum
• Lock Periods: 30, 90, 180, or 365 days
• Higher Returns: Longer periods = higher rates
• Best For: Funds you don’t need immediately
• Purpose: Secure savings vault
• Access: Restricted withdrawals
• Interest: Competitive rates
• Best For: Disciplined saving
• Auto-Save: Automatically save a percentage of every transaction
• Customizable: Set your own percentage
• Effortless: Save without thinking
• Best For: Building savings habit

OPay launched 7 new security features in late 2025 to protect users:

USSD Lock & Emergency Lock

• Instantly lock your account using \955#
• Prevents unauthorized access if phone is lost/stolen
• Quick unlock when you recover your device
• Extra protection for late-night transactions
• Requires Face ID verification for transfers after hours
• Reduces unauthorized nighttime activity
• Real-time fraud detection
• Database of suspicious accounts
• Blocks potentially fraudulent transactions automatically
• Alerts you before completing risky transfers
• Full control over recurring charges
• Stop unwanted subscriptions instantly
• No more unexpected deductions
• Review all active subscriptions in one place
• Extra verification for large payments
• Face ID, fingerprint, or security code required
• Prevents accidental large transfers
• Customizable threshold amounts
• Smart and dynamic security questions
• AI-powered call-back verification
• Prevents thousands of risky transactions daily
• Multi-factor authentication
• Set your own transaction limits
• Facial verification for amounts above your limit
• Extra layer of protection
• Customizable per your needs

OPay Debit Card Features:

• Low application fee
• Affordable ATM withdrawal charges
• Low maintenance fees
• Use at POS terminals nationwide
• Online shopping enabled
• International transactions (where supported)

Access OPay services without internet using \955#:

• Buy airtime and data
• Send money
• Check account balance
• Make deposits and withdrawals
• Lock/unlock account
• View transaction history

Perfect for:

• Areas with poor internet connectivity
• When your data runs out
• Emergency situations
• Quick transactions
• ✅ Smartphone (Android or iOS)
• ✅ Active phone number (linked to NIN)
• ✅ Internet connection
• ✅ Valid email address
• ✅ Bank Verification Number (BVN) or National Identification Number (NIN) – for higher limits

Step 1: Download the App

• Go to Google Play Store (Android) or Apple App Store (iOS)
• Search for “OPay”
• Download and install the app

Step 2: Launch and Sign Up

• Open the OPay app
• Tap “Sign Up” or “Register”
• Select “Personal Account”

Step 3: Enter Personal Information

• Provide your full name (as on ID)
• Enter your phone number
• Add your email address
• Tap “Continue”

Step 4: Verify Phone Number

• Receive OTP (One-Time Password) via SMS
• Enter the 6-digit code
• Tap “Verify”

Step 5: Create Security PIN

• Set a secure 6-digit PIN
• Confirm your PIN
• Important: Remember this PIN for all transactions

Step 6: Provide ID Information

• Enter your BVN or NIN
• This unlocks higher transaction limits
• Note: You can skip this initially, but limits will be restricted

Step 7: Complete Registration

• Review your information
• Accept terms and conditions
• Tap “Submit”
• Receive confirmation message

🎉 Congratulations! Your account is ready to use.

Method 2: Via USSD Code (Basic Account)

Step 1: Dial \955# on your phone

Step 2: Select “Create Account”

Step 3: Enter your first and last name

Step 4: Create a 6-digit login PIN

Step 5: Verify with OTP sent to your phone

Note: For full functionality, download the app and complete verification with BVN/NIN.

OPay Account Tiers and Limits

OPay has 4 account tiers based on KYC (Know Your Customer) verification:

Tier 1 (Basic Account)

• Daily Transaction Limit: ₦50,000
• Withdrawal Limit: ₦10,000 per transaction
• Maximum Balance: ₦300,000
• Requirements: Phone number only
• Best For: Testing the platform
• Daily Transaction Limit: ₦200,000
• Withdrawal Limit: ₦20,000 per transaction
• Maximum Balance: ₦500,000
• Requirements: BVN or NIN
• Best For: Regular users
• Daily Transaction Limit: ₦5,000,000
• Withdrawal Limit: ₦50,000 per transaction
• Maximum Balance: Unlimited
• Requirements: BVN + NIN + additional verification
• Best For: High-volume users, salary accounts
• Daily Transaction Limit: Unlimited
• Withdrawal Limit: Unlimited
• Maximum Balance: Unlimited
• Requirements: Business documentation + face-to-face verification
• Best For: Business owners, merchants

Stamp Duty (Effective January 1, 2026):

• ₦50 on transfers of ₦10,000 and above
• Charged to sender (not recipient)
• Transfers below ₦10,000 are exempt
• OPay Tip: Use the ₦9,999 quick-select button to avoid stamp duty

For Individuals:

• Weekly Limit: ₦500,000
• Excess Fee: 3% on amounts above ₦500,000
• ATM Daily Limit: ₦100,000
• ATM Weekly Limit: ₦500,000

For Corporates:

• Weekly Limit: ₦5,000,000
• Excess Fee: 5% on amounts above ₦5,000,000

Cash Deposits:

• No limits – Deposit any amount without fees

Withdrawals:

• Below ₦20,000: 0.5%
• Above ₦20,000: ₦100 flat

Deposits:

• ₦5,000 and below: ₦10
• ₦5,000 – ₦10,000: ₦20
• Above ₦10,000: ₦30
• Earn cashback on airtime, data, and bill payments
• Up to 6% instant cashback on airtime/data top-ups
• Cashback credited immediately to your account
• Use cashback for future transactions (non-withdrawable)
• Purchase: ₦200 airtime
• Cashback Earned: ₦12 (6%)
• Next Purchase: ₦200 airtime using ₦92 cash + ₦108 cashback
• New Cashback: ₦5.52 on the ₦92 spent
• Result: Continuous savings on every transaction!
• Accepted as salary account
• Bank statements valid for Visa applications
• Operates across all 36 states
• Physical offices nationwide
• Enhanced regulatory protection
• Easy access for unbanked Nigerians
• No minimum balance requirement
• Instant account opening
• Available in remote areas via USSD
• Up to 18% per annum on fixed savings
• 15% per annum on flexible savings
• 17% per annum on target savings
• Daily interest payments
• No hidden fees
• 24/7 access to your money
• Instant transfers
• Pay bills from anywhere
• No need to visit physical banks
• All services in one app
• 7 advanced security features
• AI-powered fraud detection
• Face ID and fingerprint authentication
• Instant account lock via USSD
• Real-time scam alerts
• Free transfers
• Free bill payments
• Cashback rewards
• No account maintenance fees
• Stamp duty avoidance option (₦9,999 transfers)
• Live chat in app
• Phone support
• Email support
• Self-service options
• Quick response times
• Link your BVN and NIN
• Unlock ₦5,000,000 daily limit
• Unlimited maximum balance
• Use as salary account
• Start with Flexible Savings (15% interest)
• Set up Target Savings for goals
• Lock funds in Fixed Savings for 18% returns
• Enable Spend & Save for automatic savings
• Always buy airtime/data through OPay
• Use cashback for next purchase
• Compound your savings
• Track cashback earnings monthly
• Use ₦9,999 quick-select for transfers
• Split large transfers into smaller amounts
• Save ₦50 per transaction
• Set up Night Guard
• Configure Large Transaction Shield
• Enable Face ID verification
• Review Subscription Control regularly
• Save \955# in your contacts
• Practice using it before emergencies
• Know how to lock account remotely
• Share your referral code
• Earn bonuses for successful referrals
• Help others discover OPay benefits

A: Yes! OPay is licensed by the CBN as a national bank and has implemented 7 advanced security features including AI-powered fraud detection, Face ID verification, and real-time scam alerts.

Q2: Can I use OPay as my salary account?

A: Yes! With national bank status, OPay accounts can now receive salaries and are accepted by employers across Nigeria.

Q3: Are OPay bank statements accepted for Visa applications?

A: Yes! OPay bank statements are now valid for Visa applications, placing it on par with traditional commercial banks.

Q4: How do I increase my transaction limit?

A: Link your BVN and NIN to upgrade from Tier 1 to Tier 3, unlocking a ₦5,000,000 daily transaction limit.

Q5: Can I withdraw my savings anytime?

A:

• Flexible Savings: Yes, anytime without penalty
• Target Savings: Yes, but may affect goal progress
• Fixed Savings: Only after lock period ends
• OWealth: Yes, anytime

A: Immediately dial \955# from any phone and use the Emergency Lock feature to secure your account. You can unlock it later when you recover your device.

Q7: Is there a monthly maintenance fee?

A: No! OPay accounts have zero maintenance fees.

Q8: How long does it take to transfer money?

A: Transfers are instant for OPay-to-OPay. Bank transfers typically complete within seconds to a few minutes.

Q9: Can I use OPay without internet?

A: Yes! Dial \955# to access basic services like transfers, airtime purchase, and balance checks without internet.

Q10: What is the minimum amount to start saving?

A: There’s no minimum for most savings products. You can start with as little as ₦100.

Tips for New OPay Users

Getting Started:

1. ✅ Download the app and register immediately

2. ✅ Link your BVN/NIN for higher limits

3. ✅ Set a strong, memorable PIN

4. ✅ Enable all security features

5. ✅ Start with small transactions to familiarize yourself

Security Best Practices:

1. 🔒 Never share your PIN with anyone

2. 🔒 Don’t click suspicious links claiming to be from OPay

3. 🔒 Always verify recipient details before transferring

4. 🔒 Enable Face ID/fingerprint authentication

5. 🔒 Review transactions regularly

6. 🔒 Report suspicious activity immediately

Maximizing Benefits:

1. 💡 Set up automatic savings (Spend & Save)

2. 💡 Use cashback for all airtime/data purchases

3. 💡 Transfer ₦9,999 to avoid stamp duty

4. 💡 Lock funds in Fixed Savings for maximum interest

5. 💡 Refer friends to earn bonuses

6. 💡 Use USSD when internet is unavailable

Step-by-Step: Making Your First Transaction

Sending Money:

Step 1: Open OPay app and log in

Step 2: Tap “Transfer” on home screen

Step 3: Select “To Bank Account” or “To OPay User”

Step 4: Enter recipient details:

• Account number or OPay phone number
• Verify recipient name appears correctly

Step 5: Enter amount:

• Use ₦9,999 quick-select to avoid stamp duty
• Or enter custom amount

Step 6: Add description (optional)

Step 7: Review transaction details

Step 8: Enter your 6-digit PIN

Step 9: Confirm with Face ID (if enabled)

Step 10: Receive instant confirmation

✅ Done! Money sent successfully.

Buying Airtime:

Step 1: Open OPay app

Step 2: Tap “Airtime” on home screen

Step 3: Select network (MTN, Glo, Airtel, 9mobile)

Step 4: Enter phone number

Step 5: Choose amount or enter custom value

Step 6: Review cashback amount (up to 6%)

Step 7: Enter PIN to confirm

Step 8: Receive airtime + cashback instantly

💰 Cashback credited to your account!

Starting a Savings Plan:

Step 1: Open OPay app

Step 2: Tap “OWealth” or “Savings”

Step 3: Choose savings type:

• Flexible (15% – withdraw anytime)
• Target (17% – save for goals)
• Fixed (18% – lock for period)

Step 4: Enter amount to save

Step 5: For Target/Fixed, select:

• Duration/target date
• Auto-save frequency (optional)

Step 6: Review interest rate and terms

Step 7: Enter PIN to confirm

Step 8: Track earnings daily in app

📈 Watch your money grow!

Troubleshooting Common Issues

Issue 1: Transaction Failed

Solutions:

• Check internet connection
• Verify recipient details
• Ensure sufficient balance
• Check if you’ve reached daily limit
• Try again after a few minutes
• Contact customer support if persists

Solutions:

• Verify you’re using correct phone number
• Reset PIN via “Forgot PIN” option
• Check if account is locked
• Unlock via USSD (955#)
• Reinstall app if necessary
• Contact support for assistance

Solutions:

• Wait 24-48 hours for automatic reversal
• Check transaction history for updates
• Screenshot transaction details
• Contact customer support with:
• Transaction reference
• Date and time
• Amount
• Recipient details

Solutions:

• Upgrade account tier
• Link BVN and NIN
• Complete additional verification
• Wait for tier upgrade confirmation
• Check new limits in app settings
• Available 24/7
• Fastest response time
• Access via app menu
• Call customer service hotline
• Available 24/7
• Have account details ready
• Send detailed inquiries
• Attach screenshots if needed
• Response within 24-48 hours
• Twitter: @OPay_NG
• Facebook: OPay Nigeria
• Instagram: @opay_ng
• Quick responses during business hours
• FAQ section in app
• Help center on website
• Video tutorials
• User guides

OPay has evolved from a mobile money platform to a full-fledged national bank, offering:

✅ Unmatched Convenience – Bank from anywhere, anytime

✅ Superior Security – 7 advanced protection features

✅ Better Returns – Up to 18% savings interest vs 1-5% from traditional banks

✅ Zero Fees – Free transfers, payments, and maintenance

✅ Instant Service – Open account in minutes, transact in seconds

✅ Cashback Rewards – Earn up to 6% on every airtime/data purchase

✅ Financial Inclusion – Accessible to all Nigerians, even in remote areas

✅ 24/7 Support – Always available when you need help

Whether you’re looking for a primary bank account, a savings platform, or a convenient way to manage daily transactions, OPay delivers on all fronts.

Get Started Today!

Ready to experience the future of banking in Nigeria?

1. 📱 Download OPay from Google Play Store or Apple App Store

2. ✍️ Register in less than 5 minutes

3. 🔗 Link your BVN/NIN for full access

4. 💰 Start saving with up to 18% interest

5. 🎁 Enjoy free transfers and cashback rewards

Join millions of Nigerians who have already made the switch to smarter banking with OPay!

Last Updated: February 2026

Disclaimer: Features, rates, and fees are subject to change based on OPay policies and CBN regulations. Always verify current terms through the official OPay app or website before making financial decisions.