See How to Apply for the Absa Bank Student Credit Card
As obvious as it may seem from the name, the Absa Bank Student is a perfect credit card for students, with no annual fee and easy approval.
What do You Need to Know Before Applying for the Absa Bank Student Credit Card?
The Absa Bank Student, as the name suggests, is a viable and comprehensive solution for those affiliated with an educational institution in South Africa who still lack a favorable credit history.
CREDIT CARD
Absa Bank Student
Want a fee-free card? Apply now.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
The Absa Bank card is specifically designed with students in mind, offering all the essentials for a hassle-free credit card experience without any monthly fees.
Focused on providing convenience to young individuals embarking on their credit journey, the Absa Bank Student Card aims primarily at establishing a credit history. Notably, there are no origination or monthly maintenance fees associated with this card.
Additionally, the Absa Bank has these benefits:
- There are no extra charges on purchases, and it provides personalized interest rates and limits for cardholders.
- With full access to the Absa Banking app, users can manage their finances comprehensively, including expense tracking, setting daily limits, and reporting fraud.
- For added security, the card offers two protection features: the NotifyMe system for receiving SMS alerts of account activities and complimentary lost card protection in case of theft.
Moreover, cardholders can enjoy two excellent travel benefits: three complimentary annual visits to the Bidvest Airport Lounge and automatic basic travel insurance coverage of up to R1 million.
If you want to have this card, keep reading this article.
Who can Apply?
The Absa Bank card caters specifically to individuals who may face challenges obtaining credit through traditional avenues.
The primary criteria and prerequisites for acquiring this card include being aged between 18 and 30 and being duly enrolled in an educational institution.
Eligible institutions encompass FET colleges, institutions accredited by SAQA, and generally recognized universities within South Africa.
Furthermore, applicants must possess a valid ID book or smart card and be officially registered in the country as students.
An income criterion is also in place, necessitating the demonstration of a minimum monthly income or a family or state subsidy amounting to at least R800.
See How to Apply for the Absa Bank Student Credit Card
In contrast to other credit cards, the Absa Bank Student Card does not facilitate online applications via forms or similar methods.
To initiate the application process for this card, a visit to an Absa branch is required.
Some South African educational institutions may have nearby branch options, but it’s advisable to check the bank’s website for specific locations.
Additionally, Absa maintains its own student offices across various educational institutions.
Alternatively, applicants can opt for an alternative application process via phone by contacting 0861 114 411. This service is available on weekdays from 8:00 a.m. to 5:30 p.m. and on Saturdays from 8:00 a.m. to 1:00 p.m.
Throughout the application procedure, aside from presenting identity documents and proof of income, applicants may be requested to provide additional documentation from their university.
Therefore, it’s advisable to arrive at the bank with comprehensive documentation regarding your affiliation with the educational institution.
CREDIT CARD
Absa Bank Student
Are you a registered student? Apply now.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
More Details
One of the notable advantages of this card is its accessibility, despite being an entry-level option. It provides entry to the Absa Rewards system, which offers cashback benefits across various sectors.
These include up to 30% cashback on grocery purchases at select stores, up to 30% cashback on fuel purchases at Sasol, and up to 30% cashback on purchases at Dis-Chem.
Additionally, discounts are available in other sectors, including Absa’s digital partners, with redemption directly through the app.
Moreover, the Absa Rewards system within the banking app presents simple challenges aimed at offering bonus benefits to users, further enhancing the value of the card.
Want to learn another option?
The South African market offers a wide range of credit card options, such as the Standard Bank Diners Club Beyond, which is quite distinct from the Absa Student card and boasts premium travel benefits.
Thus, the conditions of the Beyond card are specifically tailored for individuals with a good credit history and high annual incomes, and you can see how to apply.
