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Absa Gold Credit Card

Geovana Ramos
dezembro 11, 2023

The Absa Gold Credit Card offers numerous benefits, making it an attractive option for those seeking a flexible and secure payment solution. With a generous credit limit and a rewarding loyalty program, it ensures financial flexibility and security in every transaction.

Cardholders enjoy preferential rates at Bidvest airport lounges locally and internationally. Additionally, the card provides automatic travel insurance for tickets purchased with it, covering up to R1.5 million, ensuring peace of mind during travels.

The Absa Rewards program offers cash back on qualifying purchases, while the Absa Banking app provides immediate rewards through the Absa Advantage program. The card also offers exclusive discounts through MasterCard Moments or Visa Privileges. Continue reading to discover all the benefits and why this card is perfect for you.

ABSA Gold Credit Card Benefits

Generous Credit Limit: Provides significant financial flexibility for your daily and emergency expenses, allowing you to handle larger purchases and unexpected costs with ease.

Rewards Program: Earn cash back on qualifying purchases, adding extra value to your spending. Redeem points for a variety of rewards, enhancing your financial benefits.

Travel Insurance: Enjoy comprehensive coverage up to R1.5 million for travel tickets purchased with the card, ensuring peace of mind and financial protection on your trips.

Airport Lounge Access: Access preferential rates at Bidvest airport lounges, both locally and internationally, for a comfortable and relaxing travel experience.

Absa Banking App: Gain immediate rewards through the Absa Advantage program, track your spending, manage your card seamlessly, and complete simple challenges for instant benefits.

Security Features: Benefit from advanced security with contactless payment (Tap to Pay) and EMV chip technology, safeguarding your transactions from fraud.

Supplementary Cards: Issue additional cards for family members at a nominal fee, extending the card’s benefits and convenience to your loved ones.

NotifyMe Service: Receive SMS alerts for all account activity, keeping you informed and secure. Monitor transactions in real-time to quickly identify any suspicious activity.

ABSA Gold Card Fees and Fees

The Absa Gold Credit Card comes with various fees and commissions. The monthly account fee is R30.00, and the credit facility fee is also R30.00. Additional fees include R16.50 for a secondary card and R42.00 for a garage card. Cash withdrawals at Absa ATMs cost R2.50 per R100.00, while withdrawals at Absa branches cost R80.00 plus R2.50 per R100.00. International ATM withdrawals are R80.00, and point of sale transactions are free.

Cash deposits at Absa ATMs incur a fee of R2.50 per R100.00. Balance inquiries at Absa ATMs are free. These fees ensure that cardholders can manage their finances effectively and securely, with clear information on potential costs.

Please note that fees and commissions are subject to change without prior notice. Always check the official Absa website for the most up-to-date information.

Positive points

Generous Rewards Program:
Earn cash back on qualifying purchases and receive immediate rewards through the Absa Advantage program.
Travel Benefits:
Enjoy preferential rates at Bidvest airport lounges and automatic travel insurance covering up to R1.5 million for tickets purchased with the card.
Advanced Security Features:
Benefit from secure transactions with contactless payment (Tap to Pay) and EMV chip technology, along with SMS alerts for all account activity.

Negative points

Monthly Fees:
The card has a monthly account fee of R30.00 and a credit facility fee of R30.00, which may add up over time.
International Withdrawal Fees:
High fees for international ATM withdrawals, which are R80.00 per transaction.
Variable Credit Limit:
The credit limit is determined based on individual credit assessments, which may result in lower limits for some applicants.

Credit card limit

The credit limit for the Absa Gold Credit Card can vary based on the financial profile and credit assessment of each applicant. Absa evaluates each application to determine the appropriate credit limit.

This personalized analysis provides flexibility according to the cardholder’s needs, ensuring that each customer receives a credit limit that best suits their financial situation.

How to apply for ABSA Gold

Go to the ABSA official website and choose the Gold Credit Card option.
Then click the “Apply Now” button.
On the Online Account Request page, enter the characters that are displayed in the image.
Proceed to complete the six steps of the assessment.
Once the evaluation is complete, click on “Submit Application”.
Now wait for the response to your request.