What is a Credit Card?
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit.
Using the card thus accrues debt that has to be repaid later. Credit cards are one of the most widely used forms of payment across the world.
Where Can I Buy A Credit Card In South Africa?
Cape Consumers (Pty) Ltd
Address: 14 Christiaan Barnard St, Cape Town City Centre, Cape Town, 8001, South Africa
Hours: Open ⋅ Closes 4:30 pm
Phone: +27 21 409 7600
FASTA
Areas served: South Africa
Hours: Open ⋅ Closes 5 pm
Reckless Lending
Address: First Floor, Wesbank House, 9 Long St, Cape Town City Centre, Cape Town, 8000, South Africa
Hours: Open ⋅ Closes 5 pm
Phone: +27 21 010 6293
RCS Group
Address: Liberty Grande Building, Voortrekker Rd &, Jakes Gerwel Dr, Townsend Estate, Cape Town, 7460, South Africa
Hours: Open ⋅ Closes 4:30 pm
Phone: +27 21 597 4000
Standard Bank Claremont
Address: Cavendish Square Cnr Warwick Street, Main Rd, Claremont, Cape Town, 7708, South Africa
Hours: Open ⋅ Closes 3:30 pm
Phone: +27 860 101 341
How to get a credit card in SA?
What do you need to apply?
- Original ID document (must be 18 years or older)
- Latest salary slip.
- 3-month bank statement.
- The minimum salary requirement for a credit card application is R5 000 and R10 000 for self-employed clients.
What is the easiest credit card to get in South Africa?
- 5 easiest credit cards to get in South Africa.
- Capitec GlobalOne Credit Card. Application process:
- Discovery Bank Gold Credit Card. Application process:
- African Bank Black Credit Card. Application process:
- Absa Flexi Core Credit Card. Application process:
- FNB Aspire credit card. Application process:
What are the best store cards in South Africa?
The survey revealed that South Africans have clear favourites when it comes to store loyalty cards.
According to its respondents, these loyalty cards are amongst the best loyalty programmes in South Africa: Pick n Pay Smart Shopper, Clicks Clubcard, Woolworths WRewards, Jet Thank U, Dis-Chem, Edgars Thank U.
How to get a credit card for the first time in South Africa?
Qualifying criteria and requirements
- Monthly income required: R2 000.
- Age: 18 years or older.
- Documentation required: Valid South African ID book or Smart card, proof of residence and the latest proof of income for three consecutive months.
- Subject to an affordability assessment.
How much must you earn to get a credit card in South Africa?
Things to know before you apply
You need to be over 18 years old. You need to live in South Africa and have a valid South African ID or a valid passport and work permit. You need to earn at least R5,000 a month before tax and have a healthy credit score.
What is the minimum credit score to get a credit card in South Africa?
In South Africa, most creditors consider a credit score of 650 or higher a good credit score. Therefore, most applicants with scores above 650 should get approved.
But, people with lower scores may also get approved, and some institutions may even deny an application from someone in this range.