Absa Student Credit Card

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The Absa Student Credit Card is an excellent option for those who wish to manage their finances efficiently. It offers numerous advantages, including the ability to build a credit history, which is essential for consumers’ financial future.

Another highlight is that there is no annual fee, and you can enjoy everything it offers without worrying about hidden fees. Another significant benefit is participation in the Absa Rewards program, which offers cashback on purchases made with the card.

If you want to upgrade your financial life, this card can be a great option to consider. Keep reading to learn more about its benefits and discover how to apply for yours!

About the Issuer

Absa Bank is one of South Africa’s leading banks, known for offering a wide range of financial services. Absa Bank is a reliable and well-established institution, providing banking solutions that meet the needs of various customers, including students.

Founded in 1991, Absa Bank has a long history of innovation in the banking sector, always looking for ways to improve the customer experience. The bank is known for its strong digital presence, allowing customers to perform most transactions online or through mobile apps.

With a vast network of branches and ATMs, Absa Bank ensures that customers have easy access to its services nationwide. Additionally, the bank offers high-quality customer support, helping clients resolve any issues.

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Credit Card Benefits

Cashback on Purchases: The Absa Student Credit Card offers an attractive cashback program, allowing students to earn up to 30% cashback on purchases made at partner stores such as supermarkets and bookstores, and up to 1.15% on purchases at other establishments. This helps maximize the value of daily purchases and save money.

Travel Insurance: One of the significant advantages of this card is automatic travel insurance, providing coverage of up to R1 million for travel emergencies. This includes medical expenses and other unforeseen events that may occur during trips, offering peace of mind to frequently traveling students.

Contactless Payments: The card features contactless technology, allowing quick and secure payments with just a touch. This makes transactions more efficient and reduces wait times in queues.

Digital Management: The card can be managed through the Absa Banking app, where users can monitor transactions, adjust limits, block and unblock the card, and report fraud. This digital functionality offers convenience and complete control over card usage.

Participation in the Absa Rewards Program: Students can also enroll in the Absa Rewards program, which offers points for purchases made with the card. These points can be redeemed for discounts, products, and other benefits, encouraging responsible card use.

Absa Student Card Fees and Comissions

The Absa Student Credit Card has no monthly maintenance fee, making it an economical option for students. Transaction fees, such as ATM withdrawals and deposits, are competitive.

Note: Fees and commissions may change without prior notice, so it is recommended to always check the latest information on the official Absa Bank website.

Positive points

  • No Monthly Fee
    The card has no monthly fee, making it accessible for students.
  • Attractive Cashback
    Up to 30% cashback on purchases at partner stores.
  • Credit Building
    Helps customers build a good credit history.

Negative points

  • Age Restrictions
    Only students between 18 and 30 years old can apply.
  • Non-Online Application
    The application cannot be completed entirely online.
  • Limitation
    Only verified students can get approval.

Credit card limit

The credit limit of the Absa Student Credit Card is flexible and tailored to students’ needs. The minimum limit is R800 per month, which is ideal for those starting to build their credit history.

This amount allows young people to learn how to manage their finances without being overwhelmed by high debts. With responsible and regular card use, cardholders can request credit limit increases.

How to appl for Absa Student

To start shopping conveniently with the Absa Student Card, simply apply as follows:

  1. Visit an Absa Bank branch;
  2. Provide proof of a minimum monthly income of R800;
  3. Provide a valid ID and proof of residence;
  4. Provide proof of enrollment in an approved higher education institution;
  5. Fill out the application form and wait for the analysis;
  6. If approved, the card will be issued and delivered by the bank.
VISIT THE OFFICIAL WEBSITE
You will go to the card website

How to contact Absa bank

For more information or assistance, you can contact Absa Bank through the following channels:

  • Phone: Call 0861 462 273 or +27 11 354 4001
  • Email: Send an email to [email protected]
  • Branch: Visit the nearest bank branch and speak with a representative.

The Absa Student Credit Card is an excellent tool for those who wish to manage their finances and build a credit history. With a series of attractive benefits and comprehensive support, this card stands out as an ideal choice for young university students. Take advantage of all the benefits and apply for yours today!

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