ABSA Credit Cards

ABSA Credit Cards

Having a credit card can be handy. A Credit Card will allow building a credit score. You will not need any other store cards to buy goods on credit. You can use your credit card to get cash. Store cards do not allow you to draw cash.

Important to note a credit card requires self-control. It is easy to get carried away and charge items to your credit card.

You have to be mindful and not forget that the money you spend with your credit card will have to be paid back.

When you make use of your credit card to buy an item or pay for a service you will have two payment options. The options are straight or budget.

About ABSA Credit Cards

ABSA Bank is one of the leading financial institutions in South Africa, with a reputation for innovative products and services. One of the most popular offerings from ABSA Bank is its range of credit cards. Whether you are looking for a card that will help you build your credit score, earn rewards or simply offer you financial freedom, ABSA Bank has something for everyone.

One of the primary reasons why ABSA Bank’s credit cards are so popular is due to their flexibility. ABSA offers a range of credit cards to suit different needs, lifestyles, and budgets. Whether you are a student, a professional, or a retiree, there is a credit card that is perfect for you.

For those who are new to credit or have a limited credit history, ABSA’s Flexi Core Credit Card is an excellent option. This card is designed to help you build your credit score, with a low monthly fee and affordable interest rates. With this credit card, you can make purchases online or at retail outlets, and even withdraw cash when you need it.

If you are looking for a little more purchasing power, ABSA’s Gold Credit Card is a great choice. This card offers higher credit limits, allowing you to make larger purchases and earn rewards on every transaction. The Gold Credit Card also comes with additional perks, such as travel insurance and access to exclusive events.

For those who want the ultimate financial freedom, ABSA’s Platinum Credit Card is the perfect choice. This card comes with a higher credit limit, as well as a range of benefits, including travel insurance, airport lounge access, and cashback rewards. The Platinum Credit Card is designed for those who want the best of everything and are willing to pay for it.

One of the standout features of ABSA’s credit cards is its rewards program. Depending on the card you choose, you can earn cashback, air miles, or other rewards on every purchase you make. This is a great way to get more out of your spending and can help you save money in the long run.

ABSA’s credit cards also come with a range of security features, designed to protect you from fraud and identity theft. These include chip and PIN technology, as well as text message alerts that notify you of any suspicious activity on your account.

Another benefit of ABSA’s credit cards is their flexibility when it comes to making payments. You can pay your balance in full each month, or choose to make smaller payments over time. This is a great option if you need some extra time to pay off a large purchase or unexpected expense.

In recent years, ABSA has also introduced new offerings to its credit cards lineup, such as the Company Credit Card and the Private Banking Credit Card. These cards are designed for business owners and high-net-worth individuals, respectively, and offer a range of additional benefits and rewards.

Overall, ABSA Bank’s credit card offerings are a great choice for anyone looking for financial flexibility, rewards, and security. With a range of cards to choose from, there is something for every budget and lifestyle. Whether you are a student just starting out, or a seasoned professional looking for the ultimate in financial freedom, ABSA Bank has a credit card that is perfect for you.

The difference Between Straight and Budget

  • Straight – means that you will settle the whole amount within the next 30 to 55 days. No interest is charged. This depends on the T & C’s of the bank you have the credit card with.
  • Budget – when you select the budget option. You can choose between six or twelve months to pay off the charge. This means you will pay instalments over the number of months you choose. You will pay off the debt with interest.

About ABSA Bank

ABSA bank was founded in 1991 and is a subsidiary of Barclays Africa Group Limited. ABSA provides a range of financial services. Credit cards, home loans, business, personal loans, and investment.

The Benefits Of An ABSA Credit Card

  • ABSA credit cards are accepted worldwide so you will never need another card when you travel
  • You like to shop online – Not a problem with ABSA credit card
  • Using and paying your ABSA credit card will help you build a reliable credit history
  • ABSA credit card offers great rewards whenever you buy and pay with your card
  • Fixed budget payments
  • Offers 57 days of interest-free
  • Zero transaction fee when you use ABSA credit card
  • Lost card protection for free
  • Travel insurance

The types of credit cards offered by ABSA South Africa:

  • Platinum ABSA Credit Card:

The Platinum credit card is designed to meet individuals’ financial and lifestyle needs. It’s available to people earning more than R25 000 monthly. Benefits that go with this type of ABSA Credit Card include. Free Bidvest lounge access in terminals within South Africa. Exclusive offers and discounts.

  • Gold ABSA Credit Card:

The Gold credit card offers are available to people earning more than R4 000 monthly. Benefits accompanying this card. Includes discounted Bidvest Airport lounge access in terminals within South Africa. Automatic basic travel insurance.

  • Transact Credit Card:

The Transact credit card is for people who have been looking to start building a credit record. It’s available to people earning at least R2 000 monthly. Can use the card for anything from petrol to paying for services. Approval of the credit card depends on affordability.

  • Student Credit Card:

The Student credit card offers students services with banking. The convenience and the opportunity to start building a credit profile. The card is available to a student who is full-time registered with a valid ID.

To Apply For An ABSA Credit Card

You will need the following documents:

  • South African Identity Document
  • Proof of address
  • Three-month salary slip
  • Three-month bank statement if you are not baning with ABSA

Need More Help With ABSA Credit Cards?

Visit your nearest ABSA branch, call 0861 46 22 73, or email: contactcard@absa.co.za

ABSA online to apply for a credit card or for more information.

Read Budget for unexpected expenses.