How to Apply for your Money Credit Card
The Money Credit Card is a versatile financial tool that offers a wide array of benefits to its users. Whether you’re making purchases locally or abroad, this card provides the convenience and security you need.
The cashback rewards program allows you to earn money back on every transaction, making your spending more rewarding. Additionally, the card’s advanced security features, including chip and PIN technology, customer protection insurance and much more.
Benefits of Money Credit Card
Cashback Rewards
One of the standout features of the Money Credit Card is its cash back rewards program. Cardholders earn cashback on every purchase, whether it’s for groceries, dining out, or online shopping.
With the Money Credit Card, you earn 3% back purchasing online and 2% purchasing in-store at Game, Makro and Builders. For all other transactions, you earn 1% back.
Global Acceptance
The Money Credit Card is accepted worldwide wherever MasterCard is accepted. This global acceptance makes it an excellent choice for travelers who need a reliable payment method while abroad.
Financial Flexbility
Financial flexibility is a key benefit of the Money Credit Card. RCS Bank offers various repayment options, allowing cardholders to choose a payment plan that suits their financial situation. Also, you can enjoy up to 55 days of interest-free to make purchases with more freedom.
Enhanced Security
Security is a top priority with the Money Credit Card. The card is equipped with advanced security features, including chip and PIN technology, which provides a higher level of security compared to traditional magnetic stripe cards. This technology helps protect against fraud and unauthorized transactions by requiring a PIN for purchases.
Also, with the Money Credit Card, you are covered in case of death, disability, and loss of income.
Customer Service
RCS Bank is known for its excellent customer service. Cardholders can access responsive and personalized support through various channels, including phone, email, and the RCS Bank mobile app. The bank’s customer service team is available to assist with a wide range of issues, from reporting lost or stolen cards to answering questions about account management.
Free additional Card
You can share your credit limit with your family and friends, it’s possible to get one additional card just for free.
Prerequisites
To apply for the Money Credit Card, applicants need to meet certain criteria. The requirements typically include:
- Age: Applicants must be at least 18 years old.
- Income: Proof of a stable income, such as recent payslips or bank statements.
- Employee: Are employed and earn R3,000 or more per month
- Credit History: A satisfactory credit score and history.
- Identification: Valid identification documents such as a passport or national ID card.
- Residency: Proof of residency, which may include utility bills or lease agreements.
About the Bank/Financial Institution
RCS Bank, established over two decades ago, has cemented its position as a leading provider of financial services in South Africa. The bank’s mission is to offer innovative financial solutions tailored to the needs of its diverse customer base.
Over the years, RCS Bank has built a reputation for its customer-centric approach, continually evolving to meet the changing demands of the financial landscape. RCS Bank offers a wide range of services, including various credit card options, including the Money Credit Card, designed to suit different financial needs.
As a prominent financial institution, RCS Bank is known for its robust financial products and exceptional customer service. The bank’s commitment to innovation and customer satisfaction has helped it maintain a strong market presence and a loyal customer base.
Who is This Card For?
The Money Credit Card is ideal for:
- Frequent Travelers: Those who travel internationally and require a card that is widely accepted.
- Everyday Spenders: Individuals who want to earn cashback on their daily purchases.
- Security-Conscious Users: People who prioritize secure transactions and advanced fraud protection.
- Rewards Seekers: Customers looking to maximize their savings through cashback rewards.
Step by Step to Apply for the Card
Applying for the Money Credit Card is straightforward and can be done in a few easy steps:
- Visit the Official Website: Go to the Money Credit Card official website.
- Press the button “Apply Today” to continue with your application.
- Fill Out the Application Form: Complete the online application form with your personal and financial details.
- Submit Required Documents: Upload necessary documents such as proof of income and identification.
- Submit the Application: Review your application and submit it for approval.
- Await Approval: Wait for the bank to process your application. You will be notified of the approval status.
- Receive Your Card: If approved, your card will be mailed to you, and you can start using it after activation.
Also, you can apply for the Money Credit Card in person at Game, Makro, and Builders selected stores nationwide.
Positives and Negatives of the Card
Positives
- Earn cashback on every purchase, enhancing your savings.
- Use the card worldwide without any issues.
- Free additional card
- Up to 55 interest-free days
Negatives
- Applicants need a satisfactory credit score to qualify.
- Minimum monthly income and employment requirements
- The substantial cashback offers are only available on selected partners
How to Unlock the Card?
Once you receive your Money Credit Card, follow these steps to unlock it:
- Activate Online: Visit the RCS Bank website and navigate to the card activation section.
- Call Customer Service: Dial the customer service number provided with your card to activate it.
- Set Up Your PIN: Follow the instructions to set up a secure PIN for your card.
- Verify Identity: Provide necessary information to verify your identity during activation.
Fees and Tariffs
See below the main costs associated with the Money Credit Card:
- Monthly service fee: R56.49
- Initiation fee (once-off): R100.88 where applicable
- Late payment fee: R100
- Overlimit fee: R200
- ATM balance: R15.10/enquiry
- Overseas ATM balance: R5.20/enquiry
Customer Service
For assistance with your Money Credit Card, you can contact RCS Bank through various channels:
If you have any doubts or enquiries, you can contact the Customer Service Team on these channels:
- Phone: 0861 555 997
- Email: [email protected]
- Head Office: Golf Park, Raapenberg Rd, Mowbray, Cape Town, 7700.
Prospective users are well-informed about the Money Credit Card, covering all aspects from benefits and application processes to fees and customer service. By understanding the various features and advantages of this card, potential cardholders can make a well-informed decision about whether it meets their financial needs.
The card’s robust benefits, such as cashback rewards, global acceptance, flexible payment options, enhanced security, and excellent customer service, make it an appealing choice for many.