Midnance is an educational platform dedicated to providing comprehensive and unbiased information in the field of finance. Our primary goal is to empower individuals with knowledge about the best available credit cards, offer insights into loan options, and detail all associated fees. Furthermore, we aim to guide our visitors on the journey to financial organization, providing valuable tips on efficiently managing their personal finances. At Midnance, we believe that knowledge is the key to making sound financial decisions, guiding individuals in the right direction for successful ventures and robust investments. Discover how we can help you achieve greater financial organization and success in your economic goals

How do we ensure the accuracy of our website?

Midnance meticulously evaluates financial products using reputable sources, including official websites and blogs of financial institutions. Our mission is to deliver transparent and simplified information, devoid of any intent to mislead our users. We strongly advocate utilizing official websites for applications to guarantee the security of your data. With a growing community, our high-quality, entirely free information is at your disposal. Our team stands ready to offer free assistance, and we maintain no affiliations with financial institutions. Consider us your partners in simplifying and enhancing your financial well-being. Trust in Midnance!

How is the information provided to Midnance handled?

Your information, when provided on the Midnance portal, is stored with the utmost security, following strict protocols and international standards. This includes encrypting your data from the moment you enter it in your browser to its storage on our servers. Furthermore, we conduct regular audits and continuous monitoring to prevent any attempts of unauthorized access or other threats. Additionally, we strictly adhere to the Personal Data Protection Act (POPIA) to safeguard your information

Is the use of Midnance services and tools free?

Absolutely! All recommendations are provided for free. Midnance does not feature any paid content; it is exclusively an information service

Why does Midnance ask for my name and email?

Our goal is to keep our readers consistently updated with the best financial guidance. To achieve this, it’s crucial for you to stay connected to our system and carefully follow the recommendations.

Absa Premium Credit Card

Geovana Ramos
dezembro 11, 2023

Anúncios

The Absa Premium Credit Card, offered by Absa Bank, is more than just a payment tool. It opens up a world of benefits, enhancing your banking experience. With a generous credit limit, it ensures financial flexibility for both everyday expenses and larger purchases.

Enjoy cash back on purchases and instant rewards through Absa Advantage, with extra perks at Dis-Chem. These rewards make every purchase more valuable.

Anúncios

Additionally, the card offers free access to Bidvest VIP lounges (up to 12 visits/year) and travel insurance up to R3 million for international trips. Continue reading to discover how the Absa Premium Credit Card can transform your financial journey.

About the Absa Bank

Absa Bank is one of South Africa’s leading financial institutions, known for its extensive range of banking and financial services. With a strong reputation for reliability, Absa serves millions of customers, offering solutions from everyday banking to complex investments and wealth management.

Anúncios

Committed to innovation and technology, Absa provides a modern and efficient banking experience. Its portfolio includes credit cards, loans, investments, and insurance services, all tailored to meet the unique needs of each customer. Absa’s advanced digital platforms ensure secure transactions and easy financial management.

Moreover, Absa is celebrated for its exceptional customer service and personalized support. The bank’s dedication to quality service and comprehensive financial solutions has cemented its position as a leader in the banking sector. Through ongoing technological advancements and a customer-centric approach, Absa continues to enhance its offerings and deliver top-notch financial services.

Card Benefits

Premium Banking Line: Provides 24/7 priority banking support, ensuring you get assistance whenever you need it.

Rewards: Enjoy cash back on all your purchases and earn instant rewards throuGgh Absa Advantage. Additionally, get enhanced rewards when shopping at Dis-Chem.

Value-Added Benefits: Includes free access to Bidvest VIP lounges with up to 12 visits per year, and comprehensive travel insurance covering up to R3 million for international trips.

Generous Credit Limit: Offers significant financial flexibility, allowing you to handle both everyday expenses and larger purchases with ease.

Contactless Payments: Facilitates quick and secure transactions with tap-and-pay technology.

NotifyMe Service: Stay informed with real-time transaction notifications for added security.

Lost Card Protection: Ensures you are covered in case your card is lost or stolen, giving you peace of mind.

Interest-Free Period: Benefit from up to 57 days of interest-free credit on your purchases, helping you manage your finances better.

Absa Premium Fees and Comissions

The Absa Premium Credit Card offers numerous benefits, including 24/7 priority banking support, cash back on purchases, and enhanced rewards at Dis-Chem. Additional perks include free access to Bidvest VIP lounges (up to 12 visits/year) and travel insurance up to R3 million for international trips.

Fees for this card include a Monthly Account Fee of R240.00, a Monthly Credit Facility Fee of R30.00, and a Secondary Card Fee of R16.50. ATM Withdrawal Fees are R2.50 per R100.00 locally and R80.00 overseas, with a Point of Sale Withdrawal Fee of R2.50 per R100.00. The card offers an interest-free period of up to 57 days.

Please note that fees and commissions are subject to change without prior notice. For the most current information, refer to the official Absa page.

Positive points

High Credit Limit:
Provides significant financial flexibility for both everyday and larger expenses.
Exclusive Rewards:
Offers cash back on purchases and instant rewards through Absa Advantage, with enhanced benefits at Dis-Chem.
Value-Added Benefits:
Includes free access to Bidvest VIP lounges (up to 12 visits/year) and travel insurance up to R3 million for international trips.

Negative points

High Monthly Fees:
The card has a monthly account fee of R240.00 and a credit facility fee of R30.00.
ATM Withdrawal Costs:
Local ATM withdrawals cost R2.50 per R100.00, and overseas withdrawals cost R80.00.
Secondary Card Fee:
An additional secondary card incurs a fee of R16.50.

Credit card limit

The Absa Premium Credit Card offers a substantial credit limit, providing significant financial flexibility. This allows cardholders to handle both everyday expenses and larger purchases with ease, such as travel, home improvements, or emergency costs, without worrying about exceeding their limit.

Additionally, a higher credit limit helps maintain a lower credit utilization ratio, benefiting your credit score. The limit is tailored to individual financial profiles and can grow with your financial success, ensuring that your credit needs are met as your financial situation improves.

How to apply for Absa Premium

Visit the Absa official website and navigate to the Premium Credit Card section.
Click the “Apply Now” button.
On the online Account Request page, enter the characters shown in the image.
Complete the six-step assessment process.
Click “Apply” when you have completed your assessment.
Wait for your request to be processed and reviewed.