How to check Polaris bank Account Balance and statement of account & open Account

Last Updated on September 16, 2024 by admin

Do you want to learn how to check your Polaris bank account? Do you know why you need to often check your account history ? Checking your account frequently helps you see where you stand as well as spot problems (like fraud or errors) before they get out of hand. With the advent of bank USSD (Unstructured Supplementary Service Data) banking, customers can carry out banking transactions on their mobile phones using a short code.

It’s critical to know how much money you have in your bank account and how much of your total balance is available for spending. With Polaris bank mobile banking, There is no need to visit the branch or stand in line queuing up to check your balance at the ATM.

You can carry out this service from your mobile phone of any kind,you don’t need data or internet to make use of ussd except mobile apps and online banking that require the internet .

ALSO READ: Polaris bank transfer code: How to register, transfer Money,pay bills,Open account and buy airtime

Benefits of Checking Polaris Bank Account Balance and Statement

1. Financial Awareness and Control:

•  By regularly checking your balance and statement, you can monitor your income and expenses, ensuring you stay within your budget.
•  You can quickly spot any unauthorized transactions or discrepancies and take immediate action to protect your funds.
• Knowing your balance helps you make better decisions about spending, saving, and investing.

2. Convenience and Accessibility:

• Polaris Bank offers multiple channels (USSD, mobile app, internet banking, ATM) to check your balance and statement instantly, anytime and anywhere.
•  Electronic statements eliminate the need for paper statements, making it easier to store, organize, and access your financial records.
•  Statements provide a detailed breakdown of your transactions, including date, description, amount, and balance.

3. Security:

• Regular monitoring of your account activity allows you to identify and report any suspicious transactions promptly.

Features of Polaris Bank Account Balance and Statement

•  Get an immediate update on your available account balance through various channels.
• View a summary of your recent transactions (usually the last 5) along with your current balance.
•  Access a detailed statement of your account activity for a specific period (e.g., monthly, quarterly, or annually).
• Download your statements in PDF or other formats for record-keeping or sharing.
• Search for specific transactions within your statement using keywords or filters.

Access Channels:

 Dial 8336# from your registered mobile number.

• Log in to the app and view your balance and statements.
•  Access your account information through Polaris Bank’s online banking platform.
• Use your debit card at any Polaris Bank ATM.

How to check Polaris bank  statement of account

There are several ways to check your Polaris Bank statement of account:

1. Polaris Mobile App VULTE

• This is the most convenient way if you have a smartphone and the app installed.
• Log in to the Polaris Mobile app.
• Navigate to the “Accounts” or “Statements” section.
• Select the account and the period for which you want to view the statement.
• View or download the statement in PDF format.

2. Internet Banking (PolarisDirect):

• This method is suitable if you prefer using a computer.
• Log in to PolarisDirect internet banking.
• Go to the “Accounts” or “Statements” section.
• Select the account and the period for the statement.
• View or download the statement in PDF or other available formats.

3. ATM (Mini-Statement):

• This provides a quick way to get a mini-statement.
• Insert your Polaris Bank debit card into any Polaris Bank ATM.
• Enter your PIN.
• Select “Mini Statement” from the menu.
• The ATM will print a mini-statement showing your recent transactions.

4. Branch Visit:

• If you prefer in-person assistance or need a printed statement for official purposes.
• Visit your nearest Polaris Bank branch.
• Request a statement of account from a customer service representative.
• Provide necessary identification and account details.
• There might be a fee for printed statements.

How to check Polaris bank account balance

ALSO READ: Polaris Bank (Skye Bank) transfer code:How to Buy Airtime,Transfer Money and Check Account Balance

How to Open Polaris bank Account

There are a few ways to open a Polaris Bank account:

1. Online Account Opening:

This is the fastest and most convenient method.

• Visit the Polaris Bank Online Account Opening Portal: Go to their official website and find the online account opening section.
• Fill out the application form: Provide your personal information, contact details, and choose the type of account you want to open.
• Upload required documents: This usually includes a valid means of identification (international passport, driver’s license, national ID card, or voter’s card), a recent passport photograph, and proof of address (utility bill, bank statement, etc.).
• Submit your application: Review the details and submit the form.
• Account activation: You will receive a notification once your account is opened, usually within 24 hours.

2. VULTe Digital Bank:

This is Polaris Bank’s digital banking platform that allows you to open an account entirely online.  

• Visit the VULTe website or download the VULTe app.
• Click on “Open an Account.”
• Follow the on-screen instructions to provide your personal information and upload the required documents.
• Your account will be opened within minutes.

3. Visit a Polaris Bank Branch:

This is the traditional method and might be preferable if you need assistance or have specific account requirements.

• Locate your nearest Polaris Bank branch.
• Approach a customer service representative and express your interest in opening an account.
• Fill out the account opening form and provide the necessary documents.
• The bank will process your application and notify you once the account is opened.

4. Ussd code

• Dial the USSD code:

  • From your mobile phone, dial 833*1#.

• Select Account Type:

  • You will be presented with a list of available account types.
  • Choose the account type you want to open.

• Provide BVN:

  • Enter your 11-digit Bank Verification Number (BVN).
  • If you don’t have a BVN, you will need to enroll for one at any bank branch before proceeding.

• Enter Personal Details:

  • Provide your full name, date of birth, and other required personal information as prompted.

• Create PIN:

  • Create a 4-digit PIN that you’ll use for your USSD banking transactions.
  • Choose a secure PIN that you can easily remember.

• Account Opening Confirmation:

  • Once you complete the process, you will receive a confirmation message with your new account number.

How to transfer money from Polaris bank account

You can transfer money from your Polaris Bank account using several methods:

*1. USSD Code (833#)

• To transfer to another Polaris Bank account:
  • Dial *833*Amount*Account Number#
  • For example, *833*5000*1234567890# to transfer ₦5,000
• To transfer to other banks in Nigeria:
  • Dial *833*3#
  • Select the recipient’s bank.
  • Enter the recipient’s account number and the amount you want to transfer.
  • Confirm the transaction with your PIN.

2. Polaris Mobile App

• Log into the Polaris Mobile app on your smartphone.
• Navigate to the “Transfers” or “Send Money” section.
• Choose the transfer type (within Polaris Bank, to other banks, or international).
• Enter the recipient’s details (account number, bank name, etc.) and the amount.
• Confirm the transaction with your PIN or biometrics.

3. Internet Banking (PolarisDirect)

• Log in to PolarisDirect internet banking on your computer.
• Go to the “Transfers” or “Payments” section.
• Select the transfer type and provide recipient details.
• Authorize the transaction with your token or other security device.

4. ATM

• Visit any Polaris Bank ATM.
• Insert your card and enter your PIN.
• Select “Transfer” or a similar option from the menu.
• Choose the transfer type and enter the recipient’s details and amount.
• Confirm the transaction and collect your receipt.

How to buy airtime from polaris bank

Polaris Bank offers multiple ways to purchase airtime directly from your bank account, catering to different preferences and needs.

This method is the quickest and easiest, especially if you don’t have internet access.

• To buy airtime for yourself:

  • Dial 833Amount# (e.g., *833*500# to buy ₦500 airtime). 
  • Follow the on-screen prompts to confirm the transaction and enter your 4-digit PIN.

• To buy airtime for someone else:

  • Dial *833*Amount*PhoneNumber# (e.g., 833*200*08012345678# to buy ₦200 airtime for the number 08012345678). 
  • Follow the on-screen prompts to confirm the transaction and enter your 4-digit PIN. 

2. Using the Polaris Mobile App

This is ideal if you have a smartphone and prefer a more visual and interactive way to buy airtime.

• Log into the Polaris Mobile app.
• Navigate to the “Airtime Top-up” or similar section.
• Select the network provider (MTN, Airtel, Glo, 9mobile).
• Enter the phone number you want to recharge and the amount.
• Confirm the transaction with your PIN or biometrics.

3. Using Internet Banking (PolarisDirect)

If you prefer using a computer, you can purchase airtime through PolarisDirect internet banking.

• Log into your PolarisDirect account.
• Go to the “Payments” or “Airtime Top-up” section.
• Select the network provider, enter the phone number, and choose the amount.
• Authorize the transaction using your token or other security measures.