Credit Cards

Here at ShortTermLoans24, we normally offer advise and comparisons on short term loans, payday loans or even personal loan offerings but have found that more and more visitors ask us about the various credit card offerings available in South Africa!

As such, our team has gone and compared some of South Africa’s favourite credit cards based on such factors as benefits, interest rates, max credit amount, minimum monthly installments and quite a few others! Whilst some of these factors change depending on your personal credit score, it maybe well be worth considering a credit card before applying for a loan online as it could give you longer payback periods and more flexibility around the repayment cycle.

Best Credit Cards South Africa – Updated October 2018

Credit CardBenefitsMin. Salary/mthInitial FeeMonthly FeeInterest %Apply
Woolworths Gold Credit Card


Benefits:
* 2% back in vouchers
* up to 55 days interest free
* 1% cashback on fuel/mth

Full list of benefits here.
R3,000
R161.40 R50.4321%Apply Now
Woolworths Silver Credit Card


Benefits:
* 1% back in vouchers
* up to 55 days interest free
* 1% cashback on fuel/mth

Full list of benefits here.
n/aR 0.00R 0.0021%Apply Now
Capitec GLOABLOne Credit Card


Benefits:
* 55-day interest-free period
* Up to R150,000 in credit
* Zero currency conversion fees on International transactions


Full list of benefits here.
R3,000

R100.00R35.0015-20.5%Apply Now
BA Credit Card


Benefits:
* 9000 AVIOS in the first 90 days
* access to British Airways Executive Club
* earn 1 AVIOS or every R7.50 spent


Full list of benefits here.
R8,000

R75.00R166.4520.5%Apply Now
Avios Credit Card


Benefits:
* 4500 AVIOS in the first 90 days
* access to British Airways Executive Club
* earn 1 AVIOS or every R10 spent
* earn double Avois at Pick 'n Pay & BP

Full list of benefits here.
R8,000


R75.52R166.4520.5%Apply Now
African Bank Silver Credit Card
Benefits:
* 60 days interest free
* 2% interest on positive balances
* no initiation fee

Full list of benefits here.
R2,500
R0R69.0020.5%Apply Now
African Bank Gold Credit Card
Benefits:
* 60 days interest free
* 3% interest on positive balances
* no initiation fee

Full list of benefits here.
R8,000

R0R69/mth15% - 27.75%Apply Now
Absa Gold Credit Card
Benefits:
* Bidvest Airport Lounge access at preferential rates
* Personalised interest rates

Full list of benefits here.
R4,000R166.45R50.4420.5%Apply Now
Absa Premium Credit Card
Benefits:
* join Absa Rewards and earn up to 1.5% back in cash rewards
* access your savings or cheque account with Premium Banking Credit Card

Full list of benefits here.
R4,000R166.45R50.4420.5%Apply Now
American Express Platinum Credit Card
Benefits:
* affordable balance transfers at 9.90% for six months
* free access to Bidvest lounges
* every R5 spent earns you a point

Full list of benefits here.
R0R189.65
R60.5315%-20.5%Apply Now
American Express Gold Credit Card
Benefits:
* interest-free credit for 55 days
* every R5 spent earns you a point

Full list of benefits here.
R0R189.65
R32.2819.65%-20.5%Apply Now
FNB Gold Credit Card
Benefits:
* Comprehensive global insurance for free
* Pay for medical emergencies while you save* Automatic debt protection

Full list of benefits here.
R7,000R175 R4815%-20.5%Apply Now
FNB Premier Credit Card
Benefits:
* up to 55 days of interest-free credit
* free comprehensive travel insurance
* free subscription to ebucks reward program
* double points with international and online shopping

Full list of benefits here.
R25,000R175 R8715%-20.5%Apply Now
FNB Private Clients Credit Card
Benefits:
* dedicated private banker
* up to 55 days of interest-free credit service
* airport lounge access
* up to 5 free additional credit cards

Full list of benefits here.
R62,500R175 R18015%-20.5%Apply Now
Kulula Credit Card
Benefits:
• up to 3% cashback
• Get global travel insurance for free
• 55 days of interest-free credit
R1 kulula moolah = R1

Full list of benefits here.
R6,700R165R40.3515%-20.5%Apply Now
Nedbank Gold Credit Card
Benefits:
* travel insurance of up to R1,000,000
* flexible repayments in up to 36 months
* up to 55 days of interest-free credit

Full list of benefits here.
R100,000R32.28 R189.65individualisedApply Now
Nedbank Classic Credit Card
Benefits:
* travel insurance of up to R150,000
* flexible repayments
* 55 days to enjoy interest-free credit

Full list of benefits here.
R60,000R25.62
R189.65individualisedApply Now
Nedbank Platinum Credit Card
Benefits:

* travel insurance of up to R3,000,000
* access to Bidvest lounges during domestic flights
* enjoy 55 days of interest-free credit

Full list of benefits here.
R350,000R60.83
R189.65individualisedApply Now
Standard Bank Titanium Credit Card
Benefits:

* Zero interest for up to 55 days
* 15% off on your rental bookings
* up to 20% discount on trips to Africa and Asia
* 35% in discounts on Emirates flights

Full list of benefits here.
R25,000 R65.57 R166.45individualisedApply Now
Standard Bank Gold Credit Card
Benefits:

* basic travel insurance cover
* 3D verification for better security
* link your card to a phone for easier payments
* earn rewards when you shop anywhere

Full list of benefits here.
R5,000R50.44R166.45individualisedApply Now
Standard Bank Platinum Credit Card
Benefits:

* up to 35% discounts on Emirates flights
* Ucount rewards every time you swipe
* 33% discount on Wine of the month
* minimum deposits of 3% per month

Full list of benefits here.
R58,000R80.70

R166.45individualisedApply Now
Virgin Money Credit Card
Benefits:

* No annual or monthly fees
* basic travel insurance
* up to 55 days of interest-free credit
* numerous virgin money rewards

Full list of benefits here.
R5,000R0R020.50% Apply Now

Having access to a Credit card definitely helps in managing life’s unexpected expenses. However, with such ease of use and generally easy application process, many people misues and even abuse the benefits of credit cards.

So where do you start when it comes to chosing the best credit card for your situation? Read on to find out the key aspects you should be considering when chosing your credit card.

What is a Credit Card and how do they work?

A credit card provides you with a limited revolving line of credit – which simply means that you have a limited amount available and once paid off, you can use it again – that you can use to fund pretty much most daily purchases.

Increasingly, credit cards are not just issued by the big banks such as Nedbank, Standard Bank, Absa or Capitec but by niche credit card operators from airways – such as the BA or Kulula Credit cards – to international brands like American Express. These often come with additional “benefits” – such as airmiles, free insurance, discounts and much more. However, it’s important to carefully weigh these against the monthly cost of the credit card and the interest rates they charge.

Understanding Credit Card Benefits: Rewards, Branding & Interest Free Periods

Most credit cards in South Africa come with an initial initiation charge and a monthly account fee, as well as the interest rate that’s charged on any outstanding amounts that roll over from one period to the next.

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