With the card, you can swipe, scan, or tap to pay using your card, smartphone, or wearable device at any point-of-sale machine worldwide. It’s the ultimate solution for hassle-free payments, letting you control your finances like never before.
But the benefits continue beyond there. You get terrific Absa Rewards and Absa Advantage benefits. Also, you can earn cash back with every purchase and enjoy instant rewards by completing simple challenges on the banking app. It’s the perfect way to make your money work harder for you.
The Absa Gold Credit Card also offers a range of value-added benefits to enhance your lifestyle. From preferential rates at local and international Bidvest airport lounges to travel insurance when you book international return tickets, this card covers you every step of the way.
Want to know more about this card? Read on to explore everything this prestigious card offers, how to apply, and the eligibility criteria.
Features of the Absa Gold Credit Card
Digital banking with your Absa Gold Credit Card offers sophisticated features to enhance your banking experience.
Through the Absa Banking App, you can efficiently manage various card-related tasks, including halting and replacing your card, reporting instances of fraud, and adjusting your daily card limits, all accessible through your mobile device. Absa Online Banking provides a comprehensive platform for conducting banking activities seamlessly, 24/7, from any location.
As a cardholder, you enjoy preferential rates for accessing Bidvest Airport Lounges, ensuring comfort and convenience during travel.
Moreover, the card significantly benefits R1.5 million in automatic basic travel insurance coverage, safeguarding against unforeseen travel emergencies.
For extra security, it has the Activate NotifyMe feature for SMS alerts on any account activity.
Furthermore, complimentary lost card protection is provided, ensuring prompt assistance in the event of card loss or theft, contingent upon timely notification to the bank via the dedicated helpline at 0800 111 155.
Plus, by using your card, you’re not just spending – you’re also building up that credit history.
Pros and Cons of Absa Gold Credit Card
The Absa Gold credit card has advantages and disadvantages. They include:
Absa Gold Card Benefits
Let’s talk about the perks of the Absa Gold credit card. First, it has several cash back rewards! You score cash back whenever you use your card, whether swiping locally or splurging internationally.
Plus, with Absa Advantage, banking smarter means instant rewards – just complete a few easy challenges on the Absa Banking App, and you’re rewarded.
Additionally, you get exclusive Visa benefits, which hook you up with sweet deals worldwide.
Oh, and did I mention contactless payments? Tap to pay using your card, smartphone, or wearable device wherever you go.
Cons of the Absa Gold Credit Card
Some drawbacks of the Absa Gold credit card include: You’ll need to meet a monthly income requirement of at least R4,000.
Additionally, your application is subject to an affordability assessment. It’s essential to ensure you can manage the financial responsibilities of owning a credit card.
Rates and Fees
Let’s break down the rates and fees of the Absa Visa Gold credit card: First, you’ve got a sweet deal with up to 57 days interest-free on eligible transactions – giving you some breathing room before the bills roll in.
And here’s the kicker: no transaction fees on your purchases. So you can shop to your heart’s content without any extra costs sneaking up on you.
Plus, if you ever want to chip in extra on your monthly installments, you’ve got them. It’s all about giving you the flexibility and peace of mind you deserve.
But don’t forget. The card charges a monthly fee of R57.
Eligibility Criteria and Requirements
Specific criteria and requirements must be met to qualify for the Absa Gold credit card. Firstly, applicants must demonstrate a minimum monthly income of R4,000.
Additionally, applicants must be at least 18 years old to be eligible.
Documentation required includes a valid South African ID book or Smart card, proof of residence, and the latest proof of income for three consecutive months.
It’s important to note that all applicants are subject to an affordability assessment to ensure responsible lending practices.
How to Apply for the Absa Gold Credit Card
To initiate the application process for the Absa Gold credit card, you follow straightforward steps: Begin by clicking on the “Apply now” button provided on the Absa Bank official website.
Upon reaching the Online Account Application page, input the characters displayed in the image as part of the security verification process. Proceed to complete the comprehensive six-step assessment.
Throughout this process, you can save your progress for later continuation or proceed through each stage seamlessly. Once all assessment steps are completed, click “Apply” to finalize your application.
Furthermore, you may opt for a telephonic application by contacting us at 0861 114 411. Their dedicated team can assist you during weekdays from 08:00 to 17:30 and Saturdays from 08:00 to 13:00.
Just a heads-up! They offer additional options if you are still determining whether the Gold credit card suits your needs or seeking alternative application methods. You may explore and compare a range of credit cards that they offer to identify the most appropriate choice.