Learn How to Apply for the Absa Bank Student Credit Card

What do I need to know before applying for a Absa Bank Student Credit Card?

The Absa Bank card has two very clear objectives for South African students: to efficiently manage finances and build a credit line for future projects, as well as being an easier solution to obtain!

The primary focus of the Absa Bank Student Card is to offer conveniences that help young individuals kickstart their credit journey.

For this public, the card gives some benefits, such as:

• Card with easier approval by the bank without requiring high credit scores or income, precisely designed to cater to students.
• Absa Bank Card does not impose any origination fee or monthly maintenance fee.
• The card doesn’t impose any extra fees on purchases, providing personalized interest rates and limits tailored to each cardholder.

By using the card, you gain complete access to the Absa Banking app, an online banking platform for comprehensive financial oversight, encompassing expense monitoring, setting daily limits, and reporting fraudulent activities.

Additionally, there are two additional security measures: the NotifyMe system, which sends SMS alerts for account activities, and complimentary lost card protection in case of theft.

Furthermore, the card provides two exceptional travel benefits: three complimentary visits per year to the Bidvest Airport Lounge and automatic basic coverage of R1 million in travel insurance.

If you believe this card could enhance your daily routine, continue reading.

Who can Apply?

The Absa Bank card is tailored for individuals encountering challenges in obtaining credit through alternative channels.

Explore the primary eligibility criteria for the card:

• Within the age range of 18 to 30
• Being duly enrolled in an educational institution, as FET colleges, institutions accredited by SAQA, and universities in general are considered valid.

The institution must be officially recognized within South African territory for eligibility.

Moreover, it is crucial to have a valid ID book or smart card and to be officially registered as a student in the country.

There is also an income requirement, where applicants must demonstrate a minimum monthly income of their own or through a family or state subsidy, amounting to at least R800.

How do I Apply for the Absa Bank Student Credit Card?

Unlike typical credit cards, the Absa Bank Student Card doesn’t facilitate online applications via forms or similar means.

Instead, to apply for the card, you must physically visit an Absa branch. Some South African educational institutions may have nearby options, but you’ll need to check the website for locations.

Additionally, the bank has its own Absa student offices situated across various educational institutions.

Alternatively, the bank provides the option to request an alternative application process by phone at 0861 114 411, available on weekdays from 8:00 a.m. to 5:30 p.m. and on Saturdays from 8:00 a.m. to 1:00 p.m.

During the application process, along with presenting identity documents and proof of income, you may be required to submit further specific documentation from the university.

Hence, it’s advisable to bring along as much documentation as possible regarding your affiliation with the educational institution when visiting the bank.

More Details

One of the significant benefits of this card is that, despite being an entry-level option, it grants access to the Absa Rewards system.

This program offers cashback in various sectors, such as up to 30% cashback on grocery purchases at select stores, up to 30% cashback on fuel at Sasol, and up to 30% cashback on purchases at Dis-Chem.

Additionally, discounts can be earned in other sectors through Absa’s digital partners, and users can conveniently redeem rewards directly through the app.

Moreover, the Absa Rewards system within the banking app features straightforward challenges to provide bonus benefits to users.

Want to learn about another option?

The South African market provides more advanced options for credit cards, such as the First National Bank’s Premier card, which comes with dedicated consulting teams.

Additionally, it offers favorable reward conditions both within and outside of South Africa. See how to apply.

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