Standard Bank Titanium Credit Card Review: Get Robust Rewards

A reliable and rewarding financial tool is invaluable, especially while shopping or traveling the globe.

By Luciana Souza, on 2024/06/20

Whether you’re a frequent flyer, a dedicated shopper, or someone who values financial security, the Standard Bank Titanium Credit Card is crafted to cater to your diverse needs.

This card offers unmatched benefits and seamlessly integrates with your lifestyle, enhancing every transaction you make. Beyond just a piece of plastic, the Standard Bank Titanium Credit Card is a gateway to exclusive perks, robust rewards, and a seamless banking experience. In this Titanium Credit Card review, we’ll find out what sets it apart from the competition, its associated costs, and how you can apply for it. Let’s dive in.

Features of the Titanium Credit Card

The Standard Bank Titanium Credit Card offers some handy features. First, it has 3D Secure verification for online shopping. That means you have an extra layer of security to keep your transactions safe when buying online.

Then, for those quick purchases in-store, you’ve got Tap to Pay™. It’s super convenient, especially when buying something small and not wanting to dig out your wallet.

Now, here’s where it gets even more convenient. You can link your Titanium Credit Card to apps like SnapScan or Masterpass. That way, you can pay directly from your phone. There’s no need to carry your card everywhere; just whip out your phone, and you’re good to go.

Also, when you book your trip using this credit card, you automatically get basic travel insurance. It’s a safety net for your adventures.

Lastly, there’s the Credit Card Protection Plan. This gives you peace of mind by covering your outstanding balance if something unexpected happens, like disability or retrenchment. It’s a backup plan for your finances.

How the Titanium Credit Card Works

Here are the steps for processing and using the Titanium Credit Card. First, you apply for the card, and once you’re approved, you’ll receive it. 

The card has a single limit for both straight and budget facilities. Fortunately, you can adjust your credit limit whenever needed. You just need to request for a credit limit increase from your Standard Bank App.

Managing your Titanium Credit Card is a breeze. Whether using your phone, the app, online banking, or popping into one of our ATMs, you can easily activate or deactivate features like till-point, ATM, and online card functionality from our user-friendly app.

So, where can you use the card? Well, you can use the card for many things, including shopping, booking travel, and more. 

This card has many discounts and rewards. For example, if you’re a new user, you get a sweet 25% discount on your first Fiit subscription payment

Then, as a card user, when you book on Booking.com, you can get up to 10% cashback. And if you’re planning a trip, you can enjoy a 15% discount at IHG Hotels & Resorts across Europe, Maldives, India, the Middle East, and Africa. 

And if you book your flights through Leisure Desk, you can get up to 20% off on Emirates flights. Plus, if you need to rent a car, you can save up to 20% with Avis. Moreover, with the Priceless Cities program, you can unlock exclusive experiences and offers in cities worldwide.

What’s more? Every time you use your qualifying Credit Card, you can earn up to three times more UCount Rewards Points, no matter where you shop.

Pros and Cons of the Titanium Credit Card

The Titanium Credit Card has upsides and downsides. They include:

Benefits 

Here are some of the benefits of using this card:

  • Complimentary Lounge Visits: Get six free visits to Bidvest Premier lounges and six for you and a guest at Standard Bank Fluent Lounge, Lanseria Airport.
  • Wine-of-the-Month Club: Get 15% off your purchases when you shop online.
  • Lingokids: New users receive two months free and 30% off monthly subscriptions after that.
  • UNICAF: Get a 75% scholarship off your program tuition fees after admission if you use your Credit Card to pay.
  • Medical Tourism Concierge: Receive up to a 10% discount on surgeries and procedures with your eligible Mastercard.

Cons

Here are the bottlenecks:

  • Initiation Fee: They charge an initiation fee.
  • Income Requirement: You must meet the criteria of a minimum income.

Rates and Fees

So, what are the rates and fees? First, there is an upfront, one-time initiation fee of R190, which includes VAT. Then, service fees for the Titanium Credit Card are R89 per month.

Under the NCA regulations, interest rates are personalized, starting from a minimum of 11.75% (prime minus 0.25%) to a maximum of 22.25% (Repo rate plus 14%). Your monthly repayment will be at least 3% of your outstanding balance.

Eligibility Criteria and Requirements

To apply for the Titanium Credit Card, you must provide several important documents and meet specific criteria. First, you must be over 18 years old to apply. 

Then, you’ll need a copy of your South African ID or passport if you are not a citizen. A recent payslip and a bank statement covering the last three months are also required. And, you must also provide proof of residence that is not over three months.

In terms of income, you need to earn R25,000 or more per month. Alternatively, if you have a postgraduate degree, you can also qualify. 

Approval of your application is subject to credit checks and compliance with the Financial Intelligence Centre Act (FICA) requirements.

How to Get a Titanium Credit Card

Applying for the Titanium MasterCard is a breeze. If you already have a Standard Bank account, you have several convenient options for applying for the Titanium Credit Card

One way is to use Internet Banking. Visit the website, sign in to your Internet Banking profile, select “Borrow” from the top navigation menu, and fill in your information. Follow the on-screen steps to see which credit card you qualify for.

Another method is through the Standard Bank App. After signing in to the app, tap the “More” icon at the screens’ bottom. Select “Open a new account,” then choose “Personal Lending.” Tap “Apply” under the Credit Card option and follow the instructions. For more detailed guidance, visit our “Apply for a Credit Card” page in the Help Centre.

You can also apply via phone banking. Make sure you have at least R2 airtime, then dial *120*2345# on your cell phone. Select option three from the menu and follow the easy steps. You will get an SMS about the success or failure of your application, and one of the banks’ agents will contact you to discuss the next steps.

If you don’t have a Standard Bank account, you can still apply for a Titanium Credit Card by completing a “Call Me Back” form or using Cellphone Banking.

Conclusion

The Standard Bank Titanium Credit Card offers unparalleled benefits, seamlessly integrating with your lifestyle for enhanced transactions. From exclusive perks to robust rewards, it’s more than just plastic.

While fees and requirements exist, the card’s benefits outweigh the cons. If it suits you, apply conveniently via Standard Bank’s channels.

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