Learn more about Absa Premium Banking Visa Credit Card and know how you can apply!

The Absa Premium Banking Credit Card is a complete solution for your needs. It is great for everyday purchaces, but also if you travel quite a lot, offering benefits like travel insurance and a reward program. So if you’re looking for a cash back credit card with travel insurance, buyers protection, limit up to R138,000.00, discounts and rewards, this card is for you!

It is the perfect combo for travel and lifestyle. Want to learn more about it? Keep reading and get to know its benefits and how to apply!

What are the benefits of Absa’s Premium Banking Visa Credit Card?

• Digital banking: use your Absa Banking App to stop and replace your card, report fraud, manage your daily card limits and more. Or you can logon to Absa Online Banking and bank wherever you are, 24/7;
• Bidvest Airport Lounge: 12 complimentary visits per year and access at preferential rates thereafter (including guests);
• Travel insurance*: R3 million automatic basic cover for a range of travel emergencies;
• Free lost card protection: you are covered if your card is lost or stolen, subject to letting the bank know;
• Absa Rewards: earn up to 30% real cash back, depending on your Rewards Tier when you pay with your card locally and internationally;
• Absa Advantage: complete simple challenges on the Banking App and get rewarded instantly;
• Exclusive Visa benefits: Global Cardholder Assistance Services (GCAS), Exclusive Deals, Local Offers, Global Merchant Discount Offers, Visa Medical and Legal referral, Buyers Protection, and Extended Warranty Cover;
• Worldwide coverage;
• Contactless payments: tap to pay with your card, smartphone or wearable device at any point-of-sale machine worldwide;
• NotifyMe: for added security, activate SMS notifications to get alerts of any activity in your account;
• Up to 57 days interest-free on qualifying transactions;
• Credit limit up to R138,000.

*Underwritten by Bryte Insurance Company Limited.

Absa Rewards

When using your credit card for purchases, locally and internationally, you can earn up to 30% real cash back, depending on the Rewards Tier you have. Here’s how it works:

• To qualify for the booster you have to have a minimum total monthly spend of R7 000 on your Premium Banking Credit Card for the Rewards accrual period (spend period is from the 16^th of each month until the 15^th of the next month). Your total spend can be a combination of Dis-Chem spend and any other qualifying credit card spend.
• To qualify for any booster earn you must have spent at Dis-Chem during the month.
• The booster is only paid on purchases made on your Premium Banking Credit Card account. Purchases funded from the transactional or cheque account will earn at the normal debit card earn rate and will not count towards the booster total.
• If the spend cap of R3 000 or 30% of the total spend across all cards (whichever occurs first) is reached on an Absa card other than the Premium Banking Credit Card, subsequent spend made with the Premium Banking Credit Card will not attract any earn benefit, including this additional benefit.
• The earn will increase as follows for the various tiers:
  • Tier 5: from 30% to 33%
  • Tier 4:  from 6.5% to 7.15%
  • Tier 3: from 2.5%  to 2.75%
  • Tier 2: from 1.5% to 1.65%
  • Tier 1: from 1% to 1.1%

APPLY NOW

To be eligible for this credit card, all you need is to have a South Africa ID, proof of residence, latest proof of income (for three consecutive months), be over 18, subject to affordability assessment, and have a minimal monthly income of R25,000.00. Follow these steps:

1. Click on the “Apply Now” button on the bank’s website;
2. On the Online Account Application page, enter the characters as displayed in the image;
3. Complete the six-step assessment;
4. You may Save and Continue later, or Continue at each stage of your assessment;
5. Click “Apply” when you have completed your assessment.

Click on the button bellow and apply today!

APPLY NOW