Why do we Recomend Tymebank Credit Card?
TymeBank is a Smart Digital Bank, Tyme does not have branches but chooses to provide all of its services via app or in well-located kiosks and partner stores, this way the bank can save money allowing it to have really low fees for its customers. TymeBank is the first majorly black-owned bank in South Africa and focuses on supplying accessible and affordable quality banking to all South Africans, we believe it to be one of if not the best bank for your first credit card, or to help you build your financial life and score.
What do I need to qualify?
✅Valid South African ID
✅Be at least 18 years old
✅Active South African Cellphone Number
Author’s opinion
We Believe Tymebank to be the best option for those seeking a first credit card or are having trouble securing their credit card. As an almost fully digital bank, Tyme seeks to offer a top-quality financial institution for all South Africans, having an easy process to apply and low fees, which makes its accessibility unmatched.
Benefits Tymebank credit card?
✅Earn Smart shopper points: you can increase your points 4x by shopping in Pick n Pay
✅55 Days of interest-free: When you pay your full outstanding balance at the end of the month.
✅Secured transactions and flexible payment options
What are the fees?
Tymebank credit card has almost no fees! no fee for the first card replacement, no fees for credit card purchases, and no fees for card courier service. The few fees you can expect are a monthly R43.00 service fee and ATM Balance Enquiry and withdrawal fees of R6.00 and R8.00 respectively. Tymebank credit card does offer the ability to be used overseas, but they will charge you on purchases 2% on Rand Value, and on ATM Balance Enquiry R16.00
Although it may seem like a considerable amount of fees, you have to remember that this card is made to be accessible, and Tymebank charges these fees to maintain it, and most of the fees can be worked around with a smart use of your credit card.
How do I get my TymeBank credit card?
The application process is quick and easy and can be made, via app or through one of the kiosks and partner stores, although the application is easy there are still some requirements and fees to be able to secure your credit card. Find more about them and apply for your Tymebank Credit Card below!
