The Standard Bank Platinum is the key to a world of exclusivity and advantages. From secure payments to exclusive benefits, it offers a premium experience that goes beyond the ordinary.
Its design and features are tailored to meet the needs of demanding clients who value security and exclusive benefits. Issued on the Mastercard network, you can use it with peace of mind worldwide.
Keep reading to discover why the Standard Bank Platinum Card is the right choice for you and how it can transform your financial experience through incredible benefits.
About the Issuer
Standard Bank is a renowned financial institution known for its solidity and innovation in the banking sector. Founded in 1862, the bank has a long history of excellent customer service, offering financial products that stand out in the market.
With a global presence and strong local operations, the bank offers services that go beyond expectations, including credit cards, accounts, loans, and much more to enhance consumers’ lives.
Currently, the network is present in more than 28 countries, most of which are in Africa, where it has a strong and prominent presence. Initially, it was a branch of the British bank Standard Bank.
Credit Card Benefits
Travel Insurance: The Standard Bank Platinum Card offers automatic travel insurance of up to R1,000,000 when tickets are purchased with the card. This insurance covers various eventualities during trips, providing peace of mind to users. The coverage is valid for people under 75 years of age.
Car Rental Discounts: When renting a car with Hertz using the Standard Bank Platinum, users receive up to 10% discount. This benefit is valid at participating Hertz locations worldwide, making travel more accessible and convenient.
Lounge Access: The card provides exclusive access to airport lounges such as “Cafe Blue” at OR Tambo and Bidvest lounges. This benefit offers comfort and convenience to frequent travelers, allowing them to relax before flights.
Purchase Protection: Standard Bank Platinum users are protected against loss and damage to their purchases. This insurance ensures that in case of unforeseen events, purchases made with the card are covered, providing greater security in transactions.
Hotel Benefits: Cardholders can enjoy discounts on hotel bookings through hotels.com, with up to 10% off at selected properties. This benefit is ideal for frequent travelers looking to save on their stays.
UCount Rewards: Every purchase made with the card earns UCount points, which can be redeemed for a variety of rewards. This loyalty program adds value to every transaction, encouraging continuous use of the card.
Travel Discounts: The card offers up to 35% off Emirates airline tickets when booked through the Leisure Desk, making international travel more accessible.
Shopping Benefits: Users enjoy various discounts on purchases, including 10% off at “A Place to Shop” and “Pro Gifts.” These benefits increase users’ purchasing power, providing savings in various product categories.
Free Wi-Fi: By purchasing 1GB of “AlwaysOn Wi-Fi” data for R19.00, users receive 11GB of free data. This benefit is excellent for those who need constant connectivity, especially during travel.
Cashback: Every purchase made with the Standard Bank Platinum Card generates cashback, providing direct financial returns to users. This benefit is an effective way to save on all transactions.
Exclusive Experiences: The card gives access to exclusive experiences and offers in cities around the world through the “Priceless Cities” program. This benefit allows users to enjoy unique events and experiences, elevating their lifestyle.
Standard Bank Platinum Credit Fees and Comissions
The Standard Bank Platinum has a monthly service fee of R108.00 and an initiation fee of R180.00. Interest rates are personalized and vary between 11.75% and 22.25% depending on each client’s profile.
Fees are subject to change without prior notice, so it is advisable to check the updated information on the bank’s website. This way, you can make a more transparent and reliable application.
Positive points
- AcceptanceCan be used worldwide.
- Lounge AccessComfort and convenience at major airports.
- SecurityRobust fraud protection and included insurance.
Negative points
- Service FeeRelatively high monthly cost.
- Income RequirementsMinimum income requirement of R58,000.
- Initiation FeesThere is an initiation fee.
Credit card limit
The credit limit of the Standard Bank Platinum is personalized according to the client’s credit analysis. The bank offers a flexible credit margin, allowing adjustments as needed.
The maximum limit can reach R250,000, depending on the applicant’s eligibility and credit history. If you are approved with a lower limit, the bank may increase it over time.
How to apply Standard Bank Platinum
- Visit the Standard Bank website;
- Go to the card page and see the eligibility criteria;
- If you meet them, go to the nearest bank branch;
- Express your interest in acquiring the Standard Bank Platinum;
- Fill out the application form;
- Submit the documents;
- Wait for the analysis;
- Once approved, the card is issued and delivered;
- After receiving it, simply activate it and start using it.
How to contact Standard Bank
If you want more information about the card, contact Standard Bank through the following means:
- Phone: Call 0860 123 000 or +2710 824 1515
- In-Person: Visit the nearest Standard Bank branch
The Standard Bank Platinum offers an attractive combination of benefits, security, and exclusivity. With it, you can transform your shopping and travel experiences into even more rewarding experiences. Don’t miss the opportunity to be part of this select group of clients. Visit the Standard Bank website and apply for your card today!
