How to Apply for your Absa Student Credit Card
The Absa Student Credit Card has several benefits which makes it an attractive option. You get access to Absa Online Banking and the Absa Banking App which allows you to monitor and control your spend. Not only that but you can apply to increase your limit or set any extra monthly payments.
The Absa Student Credit Card is an appropriate fit for the entrant into the credit world. With no monthly fee, the card opens up a world of secure online and in store, local and international payments.
You can earn monthly cash backs when you swipe or spend at Absa retail partners.
Not only that but 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:
- Absa online banking and use of the App.
- Automatic travel insurance.
- You can call a free lost card protection line if your card is lost or stolen. Call 0800 111 155.
- You can earn cash back when you pay with your card including up to 30% cash back at selected partners.
- Rewards for completing simple challenges on your Banking App.
- Local Offers as well as Visa Global Merchant offers exclusive to Visa.
- You can tap on any contactless enabled POS device to pay.
- You can activate SMS notifications for added security.
Prerequisites
In order to get and enjoy the Absa Student Credit Card, one ought to earn at least R800 per month, be at least 18 years of age but under 30, 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.
Finally, you need to be a registered full-time student at an FET college, SAQA-approved institution, university, university of technology or private institution.
More About Absa
Absa is guided by fundamental values that drive their engagement with their clients. These values include trust, resourcefulness, stewardship, inclusion and courage. Being an organisation that handles the precious financial resources of millions of clients, it goes without saying that trust is at the centre of interactions. This culture permeates from internal relations and cascades down to the clients.
In a tough economic climate such as South Africa which has experienced supressed economic growth pre and post the Covid 19 pandemic, there is a demand for resourcefulness which Absahas embraced. They are also keenly aware that the financial resources at their disposal belong to their clients and that as stewards of this wealth, Absa has an obligation to be faithful towards their clients.
In an historical environment where the vast majority of the population was excluded from the benefits of the economy, Absa has emerged as a truly inclusive institution that embraces and celebrates diversity. There are numerous programs which they have launched such as disability inclusive training, scholarships, financial literacy competitions and BEE initiatives to mention a few.
Absa is also a great supporter of sports and one of their flagship events which they have sponsored since 2006 is the Absa Cape Epic, a gruelling and exhilarating mountain bike race, widely considered to be one of the toughest. It hosts local and international participants and is an example of Absa’s commitment to community support.
All these initiatives are indicative of who Absa really is, that is an institution immersed and invested in the wellbeing of the community from which it receives support.
Who is this card for?
The Absa Student Credit Card is ideal for students walking through the doors of the credit system who are looking to build a healthy credit profile.
It is also handy to take care of those sudden expenses associated with student life, particularly for those who may be living away from the comfort of home for the first time.
The limits offer sufficient financial muscle and the benefits lend themselves to the needs of the prospective holders.
How to apply for the Absa Student Credit Card
Having considered and met the qualifying criteria for the card, one can apply using any of the options below:
- You can find a Absa branch near you. Folow this link to locate the branch nearest to you.
- You can visit an Absa student bureau.
Review of the card
Being a card designed to cater for entry level participants and students in particular, the Absa Student Credit Card does strike a good balance between extending necessary credit without undue risk. Regrettably, the travel benefits are limited, for example, there are only 3 Bidvest Premium Lounge allowances and the travel insurance bundles are rather lean.
The fees are spot on for students being R0. However, your contactless payments all require a PIN, which while being secure, does temper down the customer experience for smaller purchases. Numerous prepaid purchases such as airtime, data, utilities and Lotto attract a fee which is unfortunate considering that many prospective users of this card may rely on the card to make such purchases.
There are fixed monthly payments and a client has an option to pay in extra as and when desired. The card is secure and there is an option to activate SMS notifications for transactions.
Contact
There are numerous ways to receive support including a website link Get help quickly with our self-service support tools. Dedicated 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. To find a branch nearby, one can visit Absa and search based on their preferred branch whether it is close to school or home.