Absa Premium Banking Credit Card

Benefits

Yes

Cash Back

Up to 30%

Rewards

Yes

👍 Insurance

Travel Insurance

★ 4.25 / 5

(785 reviews)

What is the Absa Premium Banking Credit Card?

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 could be your perfect choice!

How does Absa's Premium Banking Credit Card work?

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. That happens due to the Absa Rewards program.

You also have travel insurance underwritten by Bryte Insurance Company Limited.

In order to be eligible, all you need is to have a South Africa ID, proof of residence, latest proof of income (for three consecutive months), be over 18 and have a minimal monthly income of R25,000.00.

Why could Absa's Premium Banking Credit Card be the best choice for you?

Bidvest Airport Lounge: 12 complimentary visits per year and access at preferential rates thereafter (including guests);
Travel Insurance;
Buyers Protection and Extended Warranty;
Free lost card protection;
Absa Rewards;
Absa Advantage;
Exclusive Visa benefits such as Visa Global Merchant offers;
Contactless payments;
Up to 57 days interest-free on qualifying transactions;
Credit limit up to R138,000;
Worldwide coverage.

Expert Analysis

Fees

Benefits

Overall

Strengths

Benefits: Absa Rewards, Absa Advantage, Cash Back, Travel Insurance, Buyers Protection and Extended Warranty;
Coverage: Internacional;
Limit: Up to R138,000.00.
Cashback: Up to 30%.

Weaknesses