The World Citizen Credit Card by Standard Bank South Africa offers an exclusive experience for those seeking top-notch travel and lifestyle perks worldwide.
Designed for discerning individuals who value premium benefits, the World Citizen Black Card unlocks a world of luxury and convenience. From luxurious accommodations to personalized concierge services, this credit card caters to the needs of travelers and lifestyle enthusiasts alike, promising unparalleled experiences wherever you go.
Intrigued? Keep reading to discover the World Citizen card’s features, benefits, rates, requirements, and how to apply for the World Citizen credit card.
Features of the World Citizen Credit Card
The World Citizen Credit Card presents a suite of features tailored to meet the diverse needs of global consumers.
First, it boasts the security and convenience of a chip- and PIN-enabled Black Mastercard credit card, ensuring peace of mind during transactions. With the ability to shop at millions of merchants and ATMs worldwide, cardholders have unparalleled flexibility in accessing their funds wherever they go.
Moreover, the card integrates cutting-edge security measures such as 3D Secure verification for safe online shopping, safeguarding against unauthorized transactions in the digital realm.
For added convenience, users can employ Tap to Pay™ functionality for purchases totaling R500 or less, streamlining the checkout process in-store.
Additionally, the World Citizen Credit Card offers seamless integration with popular payment apps like SnapScan and Masterpass, allowing for hassle-free transactions via phone.
Managing your financial affairs has never been easier than with the World Citizen Credit Card. Whether it’s tracking expenses, adjusting credit limits, or controlling card functionalities, users have full control at their fingertips.
Through the dedicated app, online portal, or at designated ATMs, cardholders can activate or disable till-point, ATM, and online card functionalities with ease.
Furthermore, the card simplifies budgeting with a single limit for both straight and budget facilities, empowering users to tailor their spending according to their financial goals.
Should the need arise, customers can also request changes to their credit limits effortlessly, adapting to evolving financial circumstances seamlessly.
How the World Citizen Credit Card Works
Here’s the lowdown on how the World Citizen Credit Card rolls. First, you need to apply and get the green light before you can start swiping.
To qualify, you need to bring in at least R25,000 a month, and once approved, you’ll get yourself a credit limit of up to a whopping R250,000. Plus, your interest rate is tailored just for you, so it’s all personalized to fit your financial groove.
And to bump up your credit limit is easy peasy. Just open the Standard Bank App, tap on your Credit Card Tile in the Accounts section, hit ‘Apply’ on the ‘Credit Limit Increase’ tile, and follow the cues to see if you’re eligible and get your own personalized offer.
Pros and Cons of the World Citizen Credit Card
The World Citizen credit card has upsides and downsides. They include:
World Citizen Credit Card Benefits
Let’s talk about the exciting travel benefits that come with the World Citizen Credit Card. Imagine getting up to 20% off on your next Emirates flight just by booking through Leisure Desk. Yes, that’s what you get.
Plus, there’s more – enjoy fantastic discounts of up to 35% on international car rentals and chauffeur services with Avis. And if you’re booking your stay through Booking.com, you’ll snag up to 10% cashback, making your travel experiences even more rewarding.
But wait, there’s a plethora of lifestyle benefits too! Picture yourself enjoying 15% off online purchases at Wine-of-the-Month Club or discovering exclusive offers at European shopping centers through Bicestercollection when you use your Credit Card.
From free internet access to discounts on subscription services like Lingokids and Farfetch.com, the perks just keep rolling in, ensuring that your lifestyle is as luxurious as your travels.
And let’s not forget about the peace of mind insurance benefits offer. With coverage for everything from lost luggage to medical emergencies, you can travel worry-free knowing that you’re protected.
Plus, enjoy additional perks like Purchase Protection and ATM Robbery Insurance, giving you the confidence to swipe your Credit Card wherever you go. With the World Citizen Credit Card, the possibilities are endless, and the benefits are boundless.
Con of the World Citizen Credit Card
One drawback is the requirement of a minimum monthly income of R25,000.
Rates and Fees
Here’s the breakdown of the fees and rates for the World Citizen Credit Card: The service fees vary from R40 to R199 per month, depending on the specific Credit Card you choose.
As for interest rates, they’re personalized, starting at a minimum of 11.75% (prime – 0.25%) and going up to a maximum of 22.25% (Repo rate + 14%), in line with NCA regulations.
With the World Citizen Credit Card, you’ve got up to 55 days of interest-free grace period if you settle your account in full each month.
Plus, there’s a convenient automatic payment option for a minimum monthly repayment of just 3%, ensuring you stay on top of your finances without the hassle.
And for a monthly fee of only R209 (with a R180 initiation fee including VAT), you can access a world of exclusive perks and benefits.
Here’s the kicker: if you bundle your card with a Private Banking Signature account, you can kiss that monthly fee goodbye. It’s all about making your financial journey smoother and more rewarding with the World Citizen Credit Card.
Eligibility Criteria and Requirements
Here’s what you’ll need: a copy of your South African ID (or passport if you’re not from South Africa), a recent payslip, a 3-month bank statement, and proof of residence not older than 3 months.
Oh, and don’t forget, you need to be pulling in at least R25,000 per month to qualify. Plus, you’ve got to be over 18, and your approval is contingent on credit checks and complying with the Financial Intelligence Centre Act (FICA) requirements.
So, gather those documents, and you’ll be on your way to unlocking the perks of your new credit card in no time!
How to Apply for the Standard Bank World Citizen Credit Card
Applying for the World Citizen credit card is easy. Just go to the South Africa Standard Bank official website and click “Do I Qualify”.
Already part of the Standard Bank family? Great news! You can easily apply for a credit card through various channels. If you prefer the convenience of online banking, simply log into your Internet Banking profile, navigate to the Borrow section, and fill in your details to see which credit card suits you best.
Prefer the Standard Bank App? No problem! Just log in, tap on the More icon, select Open a new account, choose Personal Lending, then hit Apply under the Credit Card option, and follow the prompts.
If you’re more inclined towards cell phone banking, ensure you have a minimum of R2 airtime, dial 1202345#, select option 3 from the menu, and follow the straightforward steps. Once done, you’ll receive an SMS notifying you of the status of your application, and one of our agents will reach out to discuss the next steps.
If you’d rather have someone reach out to you, just fill out a Call Me Back form, and we’ll get on it.
And hey, if you’re not part of the Standard Bank fam yet, no sweat! You can still score yourself a credit card through different avenues, like filling out a Call Me Back form or hitting up cellphone banking. They’re all about making your banking journey smooth sailing, no matter where you’re starting from.
