Learn more about Investec’s Platinum Credit Card and know how you can apply!
The Investec Platinum Credit Card is a part of the Private Bank Account that Investec offers. It is a very exclusive all-in-one South African credit card. Made for people who want to invest their money, but also use a card for their regular purchases and travel. So, if you’re looking for a secure credit card with many benefits for you financial growth, this could be your favorite choice!
It is the perfect combo for investment, 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 Investec’s Platinum Credit Card?
- International Coverage
- A competitive debit rate of up to prime
- A Visa platinum credit card with up to 45 interest-free days on card purchases
- Unlimited free ATM withdrawals both locally and internationally
- Interest on credit balance
- Up to 60-month budget facility option for unexpected purchases
- Complimentary local and international lounge access
- Get an extra card linked to the account at no extra cost or a stand-alone Private Bank Account at a reduced monthly fee for spouse or life partner
- Open an Investec Youth Account, a transactional account with a Visa debit card, for no additional monthly fee
- Open a linked Cash Management Account and earn a higher interest rate through active management of short-term surplus funds
- Open a tax-free investment or a local unit trust for the customer and children through My Investments
- Open a sterling-based transactional account in the UK (for an additional fee)
- Enjoy preferential exchange rates on foreign exchange whether investing internationally, making international payments or receiving funds from abroad into Investec Account
- Get access to emergency funds with Western Union Money Transfer if card is lost or stolen while travelling abroad
- Access to Investec Rewards
- Travel by Investec (benefits, insurance, discounts and agency services)
- Access to Investec Digital
- Access to Investec One Place
- 24/7 Global Client Support Centre
- Purchase Protection
Investec Rewards
You can earn reward points for using you card or making transactions with your account. With Investec Rewards, you get access to exclusive benefits. The points never expire and you can use them in many ways – lifestyle, points-to-cash, travel, investment.
- Get flexibility and choice by redeeming your Rewards points for cash to spend on anything you want, whenever you want
- Set up an automatic redemption of your Rewards points to pay for your monthly Account fee – one less thing to budget for
- Redeem the Rewards points you’ve earned to buy unit trusts and invest in your future
- Save your Rewards points and use them at Travel by Investec towards your annual holiday, flights or car hire
- Enjoy some retail therapy by redeeming your Rewards points for a voucher to use at one of our shopping centre partners or retail partner stores. Or pamper yourself with a voucher from Spas of Distinction or Camelot Spa
- Redeem your Rewards points towards your monthly Investec Private Bank or Private Business Account fee. Or, use them to buy unit trusts through Ninety One
Pros vs Cons?
| ✔️ PROS | ❌ CONS |
| Investec Rewards; Private Banking Account; Travel Insurance, Benefits and Discounts; Purchase Protection; Discounts; and Unlimited Free ATM Withdrawals |
Annual salary required of R800,000.00 |
| Internacional coverage |
2.0% of International Transaction Fee |
| Up to 45 days Interest-free
Interest on your credit balance |
Monthly Fee of R605,00 |
How do I apply for the Investec Platinum Credit Card?
This credit card is exclusive, so in order to be eligible you must have an annual salary of R800,000.00. Follow these steps and know how to apply:
- Scroll down the page until you find the”Bank with us” button on the bank’s website and click on it;
- Then fill out any information requested.