What are the Nedbank black card minimum salary requirements? Nedbank offers some of the most exclusive black cards that you will be able to find anywhere in South Africa. Their Private Wealth Bundle is one of the most coveted accounts in the country. But how much do you need to earn to qualify for this account? We will tell you about that in this post? We will also show you some of the other Nedbank credit card options.
Minimum salary to qualify for a Nedbank black card
The Nedbank black card minimum salary requirement is R1 million per year. That’s about R83333 per month. You can also get the card if you have R5 million in convertible asserts. This card comes as part of the Nedbank Private Wealth Bundle. That’s a bundle that offers a wide range of benefits to those who qualify, including travel insurances and a private banker who is available to you 24 hours a day.
Other Nedbank credit cards
That’s the Nedbank Private Wealth Account minimum salary requirement. This card is the country’s high income earners. But are there other credit cards on offer at Nedbank? The good news is that the bank has a number of other exclusive bank cards. You can choose from those given below, depending on how much you earn.
|Credit Card Type||Minimum Monthly Salary|
|American Express Platinum||R62500|
|SAA Voyager Platinum||R25000|
|American Express Gold||R17000|
|SAA Voyager Gold||R6600|
Find all the Nedbank credit card requirements
What is a black credit card?
Each of the banks in South Africa and across the world has a variation on the black credit card? Generally, the term simply denotes a credit card for the ultra wealthy in any society. Such credit cards come with a wide range of benefits, including travel insurance.
As an example, with the Nedbank Private Wealth Account, you get $2,5 million or R3 million travel insurance for Visa Infinite or American Express cards respectively. So, there are a lot of benefits that come with these cards.
In this article, we gave you the Nedbank black card minimum salary requirements. We noted that black cards are for high income earners in South Africa. They offer a wide range of benefits, which is why they are so popular within this group.