Learn How to Apply to Absa Private Banking VISA Signature Credit Card

What do I need to know before applying for an Absa Private Banking VISA Signature Credit Card?

The Absa Private Banking Visa Signature credit card is a premium offering from Absa Bank, with a monthly credit limit of up to R228,000 and global acceptance.

The Absa Group stands as a prominent financial institution in South Africa, offering a range of financial products and services, including credit cards tailored to different needs

Absa Private Banking service provides comprehensive account management, a dedicated private banker, online platforms, and overdraft services. The card offers up to 57 interest-free days on qualified purchases, fixed monthly payments, and access to the Absa digital banking platform.

Additionally, the card comes with benefits, and the Visa Signature features include global emergency assistance, a global ATM network, free LoungeKey visits, travel insurance, worldwide concierge services, and discount offers with various international brands.

If you’re interested in applying for the Absa Private Banking Visa Signature credit card, you can keep reading.

Who can Apply for the Absa Private Banking VISA Signature Credit Card?

The credit card application process is open to both current bank customers and those who are not account holders with the Absa Group. In general, the criteria and qualification requirements for obtaining the bank’s private card are:

• Minimum monthly income of R62,500
• 18 years of age or older
• Possession of a smart card or a valid South African identification book

Therefore, essentially, the card selection is based on income. Absa does not differentiate based on the type of profession for income, as it only requires legal proof of the monthly source.

This is important to emphasize because the primary requirement, indeed, is income, especially considering it is a private card with a high monthly credit limit.

How do I Apply for the Absa Private Banking VISA Signature Credit Card?

The application for Absa Bank’s credit cards is basically the same, using an online form directly on the website for non-clients and for other contacts for clients. In that way, 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.

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
• Address
• Gender
• 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 0860 553 553.

The public also has the option to fill out the contact form and await a response from one of the representatives. In any case, Absa Group emphasizes that applications undergo a credit and availability check, especially due to the requirement of proving income to gain access to the card.

Want to learn about another option?

The Absa Premium Credit Card is an option one step below with a credit limit of R138,000 for South African customers, requiring a lower monthly income. Therefore, it may be worthwhile to learn more about another product from the Absa Group.

Written by

Gabriel Gonçalves