Learn How to Apply to Absa Premium Banking Credit Card
Here is a step-by-step guide on how to apply for the Premium Banking Credit Card, whether or not you are an existing customer of the bank.
What do I need to know before applying for an Absa Premium Bank Credit Card?
The Absa Premium Banking Credit Card is a distinguished offering tailored for discerning South African clients seeking a premium banking experience. This prestigious card opens doors to a suite of exclusive benefits and services, including access to a dedicated team of seasoned financial advisors.
One of the standout features of the Absa Premium Banking Credit Card is its generous monthly spending limits. With the potential for substantial credit, cardholders enjoy up to 57 interest-free days on qualified transactions, providing a unique opportunity to manage expenses efficiently.
In addition to its monetary benefits, the Absa Premium Banking Credit Card also grants clients access to a network of Bidvest Airport Lounges. With 12 complimentary visits annually, including provisions for guests, this feature lends an air of luxury and comfort to travel experiences.
Clients have the opportunity to earn substantial cashback rewards, with the potential to receive up to 30% back on eligible transactions. This program is designed to not only incentivize spending but also to provide tangible financial benefits for loyal Absa clients.
If you see that it can be a good option for you, keep reading.
Who can Apply for the Absa Premium Banking Credit Card?
To apply for the ABSA Premium Banking credit card, one must be either a South African citizen or a foreigner with proper residency status in the country. Additionally, the card is only available to individuals who are 18 years of age or older.
The primary requirement for accessing Premium Banking is a minimum monthly income of R25,000. As such, only clients who can formally demonstrate an income above this minimum threshold are eligible to receive the card.
Furthermore, ABSA Premium Banking does not impose significant restrictions based on employment type or other factors that would hinder the issuance of the ABSA credit card.
It’s worth noting that the requirements for accessing the Premium Banking account are quite similar in terms of income and documentation.
How do I Apply for the Absa Premium Banking Credit Card?
Up to 30% in cashback rewardsI WANT TO APPLY
* You will be directed to an external website
The application forms for Absa Bank’s credit cards share similarities. As the brand states, the Absa Bank Gold Credit Card application procedure consists of five steps: access to the online form, connection verification, a six-step evaluation, evaluation completion, and application submission.
Firstly, Premium Banking Account clients receive the credit card as part of their package. On the other hand, clients with other accounts at Absa Bank can request the card directly through internet banking.
The form available on the website separates the application process for Absa clients and non-Absa clients. As previously mentioned, clients can request it through the brand’s direct contact channels.
To get in touch with Absa Bank for the first time, the following information is required:
- First and last name
- Type of identification: ID or passport
- Identification number
- Date of birth
- Country of birth and residence
- Residential address
- Phone number and email
Additionally, the new client needs to submit the following documents:
- Valid South African ID or smart card
- Passport with valid residence and work permits
- Proof of residence
- Proof of income for 3 consecutive months
Customers can also visit a physical Premium Banking branch or call 0861 114 411. Furthermore, Absa Bank states that the form submission undergoes an availability analysis process.
Want to learn about another option?
The Standard Bank Diners Club Beyond is a credit card that provides a comprehensive package for international travel and general use outside of South Africa, including attractive benefits and cashback opportunities.