In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. Tell me more. What you get. Now students can have access to credit for as little as R800.00 in required income per month. 5th Floor, 11 Adderley Street, Cape Town Close. Life. This link is being offered for your convenience and Absa Seychelles is not responsible for accuracy or security of the information provided. Join over 200 000 South Africans who receive our Newsletter and stay informed! The account doesn’t charge any monthly service fee and has no monthly credit facility fee. Basic Travel Insurance cover whenever international return travel tickets are purchased with the option. What you get. But there’s a trade-off on the Virgin card. It’s ideal for everyday fuelling, cash withdrawal and online purchases. We use cookies to optimise the user experience. Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. Credit limit up to R138 000; Minimum payment of 3% on outstanding balance; Up to 57 days interest-free purchases; Lost card protection; Contactless payments (tap- and-pay) technology; Everyday shopping worldwide and online; Swipe at any point-of-sale machine worldwide We will also look at the competitive advantages and disadvantages of both exclusive cards. Tell me more. Please take note. Platinum Value Bundle monthly fee R 159 plus the following free transactions every month: 5 Cash deposit: Absa ATM. These are the top of the range credit cards from Absa Bank and are for professionals and high net individuals. When: Until 31 December 2021 Apply here for yours today. Make your payments before each statement’s due date and you’ll always have an interest-free credit. Absa has tweaked things with their student credit cards. Card amount of up to K126,000; Interest free if paid 100% before due date (does not apply to cash withdrawals) Convenience of revolving the credit, without having to re-apply; Competitive interest rates; Flexibility of only 5% of the outstanding balance as minimum monthly repayment; No facility fee on the credit card You can use the following methods to make your Absa credit card application. Not much money is required to own this credit card although it can be tough for students to make any income while studying. Absa has 0 facilities and service fees charges while Nedbank charges R7. You are about to leave the Absa Bank of Uganda website. What you can expect. Let’s look at the features, rates, requirements and analyse the competitive advantages and disadvantages of the everyday use credit cards. Calculate specific value. Menu. Compared to Nedbank students’ credit card, Absa has a low credit limit of R200.00 while Nedbank has a credit card limit of R500.00. To qualify for ABSA Credit Card you need to be above the age of 18, be resident in South Africa, have a good credit score and earn a minimum of R24,000.00 or more per annum. You can pay for goods or services up to the value of R200 anywhere you see the Contactless Payments symbol. Flexi Core credit card is simple and comes with modern features that you would expect from a card, like making online transactions and buying using the app. for Transactions. Earn Absa Rewards and get paid to swipe, along with a range of other discounts and benefits. Flexi core credit card is for those who are first time landers. Up to 57 days interest free period on purchases. Absa bank now prides itself on offering 4 types of credit card lending categories but, we will discuss 3 categories on this article. The three credit card grouping that will be discussed in detail are credit cards for everyday use, exclusive credit cards and credit cards for students. Not very demanding but a student will need to prove that they really do earn such amount. Gold credit card is your typical first-tier credit card and comes with limited services, although better in some ways when compared to other first-tier cards from other banks. We use cookies to optimise the user experience. Logon. Close. When evaluating offers, please review the financial institution’s Terms and Conditions. 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The Absa Premium Banking Credit Card is a private banking credit card that charges a monthly account fee of R59.00. Puts flexibility and convenience in the palm of your hand. Our Platinum Credit Card comes with great features and benefits. Closely manage your business expenses. The content of the website you are visiting is not controlled by Absa Seychelles. Tell me more. Rateweb strives to keep its information accurate and up to date. Apply online 24/7 or call: 0861 114 411; Weekdays 08:00 – 17:30; Saturday 08:00-13:00 Minimum monthly income: R25 000. Apply . Monthly fee: R59. From FNB you have all these benefits bundled in one credit card which will help you avoid unnecessary card fees and other card costs. R30.00 per month Credit Facility Fee. The gold credit card standards are somehow a bit relaxed as nothing is complex, there is no private banker and no financial counseling. All financial products, shopping products and services are presented without warranty. Absa charges 18% interest on credit while Nedbank charges 21% interest. These cards are great for sudden emergency situations or online purchases. Great control. Accept Cancel. Absa has 0 facilities and service fees charges while Nedbank charges R7. Alternatively, visit your nearest Absa branch with all the necessary documents to start your application. Most of the times we respond within 20 minutes. The gold credit card has an R1,500,000.00 automatic basic travel life cover which is very high for a gold credit card. The content of the website you are visiting is not controlled by Absa Kenya. Please take note. 00 on the student credit card. Absa Bank charges the same rate of R8.50 for returned payment charges and yet Capitec bank does not charge for returned payments. The ABSA Credit Card allows account holders to get up to 57 interest-free days on purchases, excluding withdrawals, gambling transactions, and online transfers and purchases on fuel and budget plan. Absa has made its basic, entry-level Transact account even more affordable in 2020, reducing withdrawal fees (for native ATMs), deposits and the monthly account fee. Key features. search. We recommend that you read the privacy policies and terms of the other website. Additional benefits: Earn rewards on your Classic or Gold Credit Card. Premium Banking Credit Card . Here is a brief overview of the fees and rates associated with this credit card R0 monthly account fee R25 monthly credit facility fee 0% introductory interest rate for … Convenient payments. Maximum credit on the Gold Credit card is R90,000.00 and it is subject to affordability. Compared to Capitec bank credit card, Absa Flexi Core and Gold Credit card charges for activity notifications while Capitec bank doesn’t. * Clients need to earn R800.00 or more in monthly allowances. Exclusive credit cards are for private banking, so if you want a dedicated private banker then you must consider getting one of the two exclusive credit cards. Nedbank gold credit card requires a minimum of R5000 and FNB a minimum of R7000 to get credit while Absa Bank gold credit card has a minimum requirement of R4000.00. Absa Gold Credit Card rates and fees. Joining fee: P168.94 . South Africa Prepaid Credit Cards information page for ABSA Co-branded Non-reloadable Prepaid Cards with card features, fees and link to card website. close. These cards give you access to private financial counselling whenever you need help to manage your financial affairs. Absa charges 1,15% on withdrawals for their student credit card and Nedbank charges 1,25% on their student credit card so the access of 0,10% from Nedbank cannot be ignored. The credit card has a maximum credit limit of R138,000 The content of the website you are visiting is not controlled by Absa Seychelles. Branch transactions come at a … 00 on the student credit card. DISCLAIMER: Rateweb is not a financial service provider and should in no way be seen as one. Download MasterPassTM from Absa in the app store, Contactless: Your Premium credit card is also contactless. With our Platinum Credit Card you enjoy many benefits and you earn 2% cashback rewards on every purchase you make. R59.00 per month Account Fee. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. We use cookies to optimise the user experience. The Absa Student credit card is a credit card for students that are registered at a tertiary institution in South Africa. With up to 55days interest free on purchases, an Absa Visa Credit Card is the ultimate convenient transactional tool. Please take note. Get your Absa Credit Card today. Minimum income required: P2,000. Choose the card that you want, then use the following information to start your application. Travel rewards are not earned from these cards. The ABSA Premium Credit Card offers you free access to the Bidvest lounge in South African airport terminals, a secondary card at no additional costs and contactless payments. As a Rewards member, you get cash back when you swipe with your gold credit card at our fuel and grocery partners, Monthly income of R2000.00 to R4000.00 for a Flexi core credit card, Monthly income of R4000.00 to R25,000.00 for a gold credit card, Proof of income required for the past three months, Must have a valid South African ID book or Smart card, A one-card solution: You can now access your savings or cheque account using your Premium Banking Credit Card for fast and convenient shopping, Basic travel insurance: Free automatic cover for a range of emergencies when you travel, Bidvest Airport Lounges: Travel in style with Bidvest Airport Lounge access across South Africa*, Purchase Protection: 90 days free insurance for theft and accidental damage on card purchases. Access your Absa cheque and/or savings accounts using your card, giving you the freedom to do your shopping faster. Monthly account fee R59. Travel insurance – book your return flights with your Absa credit card and get automatic basic cover for trips of up to 90 days No card transaction fees when you swipe. Earn two points for every P100 spent at any point-of-sale worldwide with your credit card. Monthly fee – R14 For all clients who open their first real account, XM offers a R400+ trading bonus without any initial deposit needed. This website uses cookies. Where: Cape Town, Price: Available on request Personal limits . Absa Rewards Programme: You can join Absa Rewards and earn up to 1.15% back in cash rewards, MasterPass: Store all your debit and credit cards in one secure digital wallet for safer and faster shopping. The account comes with a monthly credit facility fee of R30.00 and requires a minimum monthly payment of 5% of the total outstanding debt. Enquire now. Absa charges 1,15% on withdrawals for their student credit card and Nedbank charges 1,25% on their student credit card so the access of 0,10% from Nedbank cannot be ignored. Flexi Core credit card is easy to manage hence it is made for those with no credit score, building a credit score with this card will be much easier. Of the used credit, credit cardholders need to repay 3% minimum outstanding balance every month. info@justmoney.co.za This is a 150% difference on the credit limit for the same credit card offered from the 2 banks. Flexi Core card has the lowest minimum income requirement in South Africa compared to any credit card offered by the big 5 banks that are not for students. Check their website for more info on that or contact the bank through the provided numbers and e-mail address below: Absa Gold Credit Card phone and address. You are about to leave the Absa Kenya website. As an Absa Rewards member, you earn up to 1.15% cash back when you pay with your Absa Cheque, Debit or Credit card. You pay a minimum of 3% of the outstanding balance with Absa and 5% minimum outstanding debt with Nedbank for the same account. The minimum requirement for this credit card is R800 in gross income. 5 Cardless cash deposit: Cash acceptor. You are about to leave the Absa Bank of Uganda website. Take a look at this brief overview of fees and rates associated with this credit card. We use cookies to optimise the user experience. Rates vary from person to person, based on a profile analysis. With a VISA credit card from Absa you can enjoy great benefits and rewards while maintaining a good credit history. Tell me more. Home; Rates and fees ; Search. An Absa Classic Credit Card offers convenience, flexibility and security. Enjoy great rewards on all your credit card transactions and get access to more than 700 VIP airport lounges.