Security and digital convenience
Absa Bank also takes security seriously, and one of its most interesting tools is “Notify Me,” through which you receive SMS alerts about every transaction made on your Absa Premium credit card. In the same sense, know that you will be entitled to purchase protection benefits and extended warranty, according to brand rules.
This means that goods purchased with the card are more protected against damage or failure, beyond the standard factory warranty. And if the unexpected happens and you lose the card, the bank offers a free emergency line available 24 hours a day for immediate blocking, which transforms this experience
Fees and financial details
To maintain all these exclusive benefits, the Absa Premium credit card has a monthly fee of R115, as we mentioned on the previous page. A very positive detail is that Absa does not charge transaction fees on regular purchases (except for specific items such as lotteries and mobile top-ups). Regarding credit, you have up to 57 days without interest charges on qualifying purchases, which is one of the most generous periods in the South African market.
The credit limit of the Absa Premim credit card is defined after an assessment of financial capacity and can reach up to R138,000. Remember that you can request a limit change easily through the app, adjusting it as your needs increase or your financial profile evolves.
Requirements for application
✓ Monthly Income: a minimum income of R25,000 is recommended.
✓ Age: minimum of 18 years old.
✓ Documentation: South African identity document (or smart card), updated proof of residence, and proof of income for the last three months.
Advice for you!
Our first tip is: activate Absa Rewards as soon as you receive your Absa Premium credit card. Seeing the money returning to your account is the best way to feel the real benefit of the product. If you travel, do not forget to check the spending criteria to guarantee free access to Bidvest VIP lounges, as the benefit may be subject to frequent use terms.
But our main advice is always to recommend that people use the Absa Premium credit card and any other card intelligently, without committing large portions of their budget to invoices. In addition, it is essential to avoid unnecessary and excessive spending with the card and the understanding that it is an extra part of your income, as this can cause serious indebtedness.
How to apply for your Absa Premium credit card?
The application process for the Absa Premium credit card is quick and can be initiated directly through the official website or the Absa app. Simply fill in your information, attach the digital documents, and wait for the evaluation. Once approved, you become part of one of the largest financial groups on the continent. Click the button below to be redirected to the official portal and start your journey!
