Absa is one of the newest banks that have taken the industry by a storm. The bank comes loaded with a wide range of products and services that it wishes to spoil its clients with. If you have not considered checking it out, you might want to be informed about the Absa credit card and its operations.
Unlike most banks, Absa has introduced the Absa credit card, and the platform seems to be attracting more clients by the day. The details about the packages, what is expected of you, and the benefits that come attached to them are crucial for a new client. How about delving in for more details?
This card allows one to electronically access funds for purchases and services with regards to an agreement that they made with the bank.
The different packages are distinguished by their service charges and the monthly payment that an owner should make. It is important to consider the financial requirement of each one of them before settling for one.
For you to qualify for this package, you should have a monthly income of between R2,000 and R4,000. You are also required to be more than 18 years old and ascertain that you can afford to make the monthly payment.
The requirements to apply for this package are:
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This package is ideal for individuals who earn between R4,000 and R25,000. It has the following features:
For one to apply for this package, they ought to present the following documents:
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This package offers a wide range of benefits for a monthly subscription of R190.00 per month. It is ideal for individuals whose monthly income is not less than R25 000. These are some of the benefits that it comes with:
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For you to qualify for this package, you ought to present the following documents:
This package is ideal for individuals who have a monthly income that is not less than R62,500 per month. It comes with the following benefits:
Apart from meeting the minimum income requirement, one is required to submit the following documents while applying:
Having a credit record is not limited to individuals who have a steady income flow. Students too can access the service through a package that suits them. This package is available at the cost of R800 per month, and these are the other benefits that are attached to this package:
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After going through the types of packages that are available and pinpointing the one that suits your preference, you can proceed to the application process.
If you are a new customer who is not registered with Absa internet banking, you can still apply online.
If you are an internet banking customer, you can apply online by logging in to your account.
If you wish to access your saved application after using either of the application methods mentioned above, you can do so, although you will be required to have your ID and reference number.
If you wish to increase your recurring credit facility, the bank has provided the option to increase your limit. However, this option is subject to the assessment of the risks. Therefore, a client is advised to calculate the costs of the loan.
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If you experience any hiccups while going about operations with your card, you can reach out through any of the following Absa credit card contact details depending on the nature of your query:
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This set of questions will help in deciphering the logic in the credit cards.
You could apply for one online or call 0861 114 411 for assistance on the application process. It is important to note that the telephone number is only operational between 8:00 am and 5:30 pm on weekdays and between 8:00 am and 1:30 am on Saturdays.
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It takes up to seven days for a card to be processed.
The interest rate is a factor of the type of package and the service fee for the package.
You could check your account balance using a USSD code on your handset by dialling *120*2272#
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The card comes with all the ATM functions; hence, you can withdraw funds from it.
By now, you know how convenient it would be for you if you owned the Absa credit card. These details are enough to help you navigate through the procedure once you are sure about the package that you are settling for.
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Source: Briefly News
Priscillah Mueni (Lifestyle writer) Priscillah Mueni is a lifestyle and entertainment content creator with more than 4 years of experience. She graduated from Meru University of Science and Technology with a Bachelor of Technology in Civil Engineering in 2019. In 2023, Priscillah finished the AFP course on Digital Investigation Techniques. She has been writing articles on Briefly.co.za since 2019. Email: pshmueni@gmail.com
