The Absa Silver Credit Card for students is available to full-time students who earn a monthly income or allowance of at least R800.
Owning this card is designed to help you build your banking profile. Applications are subject to an affordability assessment.
By owning an Absa Silver Credit Card you’ll be able to build yourself a sold credit profile. As long as you pay the balance in full at the end of every month and you don’t skip any payments, you can establish a good credit record for yourself.
Documents needed to apply:
- Provide a valid South African ID
- Provide proof of residence
- Provide latest 3 months’ bank statements or payslips
What are the benefits of owning an Absa Silver Credit Card for students?
There is no monthly service fee. This allows you to save significantly.
The card is accepted worldwide. You can use your credit card wherever you travel to all over the world. This way you can avoid having to carry cash around unnecessarily.
You get up to 57 days’ interest-free credit on purchases.
You can use this student credit card for secure online shopping.
You get Automatic basic travel insurance.
To apply for this card, you also need to be aged between 18 and 30 years old.
Why get student credit cards?
- These cards are often offered at competitive interest rates.
- They allow you to access funds when you really need to. The card may be useful for providing access to additional funds in an emergency.
Having student credit cards allows you to build a good credit record. As long as you make sure that you repay the facility on time, this will have a positive effect on your credit record
To contact Absa, call: 0861 462 273 or 0861 114 411
Send an email to: contactcard@absa.co.za
