REC-credit-card-nedbank-platinum-za

Nedbank Platinum Credit Card

✅ Benefits

Yes

🪙 Rewards

Yes

🧾 Interest Rate

Personalized

👍  Insurance

Yes

⭐⭐⭐⭐4.25 / 5

(712 reviews)

What is the Nedbank Platinum Credit Card?

The Nedbank Platinum Credit Card is a made to surpass your needs. It is great not only for everyday purchaces, but also if you travel quite a lot, offering benefits like travel and credit life insurance and a reward program.

So if you’re looking for a credit card with travel and life insurancebuyers protectiondiscounts and rewards, this could be your perfect choice.

How does Nedbank’s Platinum Credit Card work?

You can earn Greenbacks based on how you manage your money, allowing you to get rewarded for making better money choices and get access to exclusive benefits. Your Greenbacks never expire and you can use them in many ways – from paying for data, airtime and electricity on the Nedbank Money app to using them as cash with your Greenbacks SHOP Card.

You also have Travel Insurance and Benefits, and Credit Life Insurance (optional)

In order to be eligible, all you need is to have a South Africa IDproof of residencelatest proof of income (for three consecutive months), be over 18 and have a minimal monthly income of R29,000.00.

Why could Nedbank’s Platinum Credit Card be the best choice for you?

  • Bidvest Airport Lounge: 12 complimentary visits per year;
  • Travel Insurance and Benefits;
  • Buyers Protection;
  • Free Replacement Cards;
  • Credit Life Insurance (optional);
  • Greenbacks Reward Program;
  • Enjoy exclusive Hertz and Avis car rental discounts;
  • Contactless payments;
  • Free Transactional SMSs;
  • Up to 55 days interest-free;
  • Personalized Interest Rate;
  • Worldwide coverage.

Expert Analysis

Fees

Benefits

Overall

positivo  Strengths

  • Benefits: Travel Insurance and Benefits, Buyers Protection, Discounts, Greenbacks Reward Program, Free Replacement Cards, and Credit Life Insurance (optional);
  • Coverage: Internacional;
  • Interest-free Days: Up to 55;
  • Interest Rate: Personalized.

negativo  Weaknesses

  • Minimum Monthly Income Required: R29,000;
  • Monthly Fee: R99,00;
  • Initiation Fee: R180,00;
  • Greenbacks Linkage Fee: R30,00;
  • International Transaction Fee: 2%.

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