How to Apply for your Absa Flexi Core Credit Card
The Absa Flexi Core Credit Card has several benefits which make it an attractive option. You get access to Absa Online Banking and the Absa Banking App, which allows you to monitor and control your spending. Not only that, but you can apply to increase your limit or set any extra monthly payments.
The Absa Flexi Core Credit Card is an appropriate fit for newcomers to the credit world. With a limit of R90,000 and a monthly fee of just R47, the card opens up a world of secure online and in-store, local and international payments. Additionally, numerous qualifying purchases get up to 57 days interest-free, and there are no transaction fees on purchases.
There are many other benefits to this card, including:
- Digital banking: App and online banking to stop and replace your card, report fraud, manage your daily card limits, and more.
- Travel insurance: Automatic basic coverage for a range of travel emergencies.
- Free lost card protection: You are covered in case of loss or theft of your card.
- Absa Rewards: Get cash back when you pay with your card locally and internationally.
- Absa Advantage: Simple challenges in the app and be rewarded for smarter banking operations.
- Contactless payments: Pay with your card, smartphone, or wearable device at any point of sale machine worldwide.
You can also count on exclusive Visa benefits, such as Visa Global Merchant offers.
Prerequisites
In order to get and enjoy the Absa Flexi Core Credit Card, one ought to earn at least R 7,000 per month, be at least 18 years of age.
Too be a holder of a valid South African ID book or Smart card, present proof of residence and the latest proof of income for three consecutive months.
The issuance of the card is subject to an affordability assessment.
More about Absa
Absa Bank Limited, part of Absa Group Limited listed on the JSE, is one of Africa’s largest diversified financial services groups. With a belief in the power of stories and the future of Africa tied to individual successes, Absa has established a broad presence across countries like Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia.
It also operates insurance services in several of these countries and maintains representative offices in Namibia, Nigeria, and the United States, along with securities entities in the UK and US, and a specialized IT office in the Czech Republic.
Absa distinguishes itself by assembling a diverse, talented team and adopting digitally savvy business practices, positioning itself as a key partner for clients and a force for good. As a wholly owned subsidiary of the Absa Group, it provides a wide range of retail, business, wealth management, corporate, and investment solutions in South Africa. The bank aims to create sustainable shared value and play a significant role in its clients’ lives, empowering them to achieve more and recommend Absa to family, friends, and business associates.
Who is this card for?
The Absa Flexi Core credit card is ideal for those entering the credit system and looking to build a healthy credit profile, as well as having attractive programmes and rewards options.
With a high limit, this card offers sufficient financial strength for your day-to-day life.
Given the many advantages on offer, the Absa Flexi Core credit card is ideal for anyone looking to extend their financial capacity without undue exposure.
How to apply for the Absa Flexi Core Credit Card
Having considered and met the qualifying criteria for the card, one can apply using any of the options below:
- Click on the apply button Apply Now. Complete the six-step assessment, and click apply when you’ve completed the assessment. Wait.
- Using the Banking App.
- Telephonic applications can be made by phoning 0861 114 411 on weekdays between 08:00 and 17:30 and Saturdays between 08:00 and 13:00.
Review of the card
Being a card designed to cater for entry level participants, the Absa Flexi Core Credit Card does strike a good balance between extending necessary credit without undue risk.
Three positive aspects of the Absa Flexi Core Credit Card
- Rewards and benefits:
- Users can earn cash back through Absa Rewards and complete simple challenges on the Absa Banking App to receive instant rewards with Absa Advantage.
- Contactless payments and security:
- The card allows contactless payments with a card, smartphone, or wearable device at any point-of-sale machine worldwide. Additionally, users can activate SMS notifications for increased security, receiving alerts for any account activity.
- Insurance coverage and protection:
- Includes automatic basic travel insurance for travel emergencies and free protection against loss or theft of the card, provided the bank is informed.
Three negative aspects of the Absa Flexi Core Credit Card
- Income requirements and documentation:
- Requires a minimum monthly income of R2,000 and strict documentation, including a valid South African ID book or smart card, proof of residence, and the last three consecutive proof of income statements.
- Monthly fee:
- Has a monthly fee of R47, which can be a significant additional cost for some users.
- Accessibility and evaluation process:
- The application process is detailed and can be time-consuming, requiring the completion of a six-step evaluation, which may be a barrier for some potential users.
Tariffs
Learn about the fees for this Absa credit card:
- Monthly account fee: R19.00
- Monthly credit facility fee: R30.00
- Additional credit card: R20.00 per card
Credit Protection Plan: The cost of this plan is a percentage of the average outstanding balance per month. The maximum monthly premium rate is 0.41% of the average outstanding balance. A discount may apply, based on the balance amount and the channel through which cover was purchased. The Credit Protection Plan is not applicable to student cards.
Learn more about the fees for the Flexi Credit Card and bank account.
Contact
There are numerous ways to receive support including a website link self-service support tools (absa.co.za).
Telephone lines 0861 462 273 for South Africa and +27 11 354 4001 for international clients.
One can email [email protected] or visit a branch near them.