What are the Absa credit card requirements? What do you need to have in order to make your application? Absa is a very popular bank in South Africa and a lot of people have been looking to get credit cards from them. Their famous offerings in this regard include the Absa Gold Class credit card and the Student Credit card with attracts no monthly fees. So, what is it that you need to have in order to get an Absa credit card?
What do I need to get an Absa credit card?
The following are the Absa credit card requirements;
- You need to be 18 years or older.
- You can only apply for an Absa credit card if you earn at leas R2000 per month. You will be asked to present proof of income in the form of either a bank statement or your payslip.
- Absa requires that you present proof of residence. This should be no more than 3 months old.
- Also required is a South African ID.
Where can I apply for an Absa credit card?
Those are the Absa credit card requirements. But where can you apply for an Absa credit card? The good news is that there are several alternatives in this regard.
First, you can apply for an Absa credit card online. When you do this, you will be required to sent some of the required documentation either via email or via courrier. The faster you present these items to them, the faster you are going to get your credit card.
An alternative is to make your credit card application via the phone. That’s possible for Absa customers. All that you need to do is to call 0861 114 411 and they will help you with your query.
Types of Absa credit cards
Now that you know the Absa credit card requirements, it’s time to learn more about the types of credit cards that are available at Absa.
Perhaps the most popular type of credit card on offer by the company is the Gold Credit card. This attracts a month fee of R55. You can only apply for this credit card if you earn more than R4000 per month.
Next, there is the Premium banking credit card. This charges a monthly fee of R92. With this option, you need to earn at least R25000 per month.
Finally, there is the Private Banking Visa signature credit card. In order to qualify for this type of credit card, you need to be earning at least R62500 per month. This credit card charges a monthly fee of R185.
There is also the Student credit card which requires a monthly income of R800 per month. Then there is the Flex Core credit card which charges R2000 per month.
In this article, we gave you the Absa credit card requirements. Credit cards a good in that they allow you to buy goods and services on credit. You can then make your repayments over time.
Absa offers a wide range of credit card types. The one that you get depends on your earnings. Those that earn more get credit cards that offer more. However, they also get charged more as monthly fees.