SA
Absa Student Credit Card review: exceptional rewards
Learn how this card helps you build your credit as a student in this Absa Student Credit Card review.
Advertisement
by Danilo Pereira
Earn rewards, get unlimited 0% intro APR, worldwide acceptance, multiple benefits and more!
With advanced security features and worldwide acceptance, this card gives you cashback rewards on all purchases and much more. Definitely, the Absa Student Credit Card deserves a full review.
How to get your Absa Student Credit Card
Looking to get a student credit card that helps you build credit? With this Absa Student Credit Card application guide you can!
- Requirements: Not specified
- Initiation Fee: None
- Monthly Fee: None
- Rates: 0% APR on purchases and balance transfers for the first 12 months
- Rewards: 2% cashback on all purchases, unlimited 1% cashback on everything else.
This credit card is ideal for individuals looking for a flexible reward system, a waived initiation fee, and competitive interest rates. Read on and learn all you need to know about it!
Absa Student Credit Card: how does it work?
The Absa Student Credit Card is a great opportunity for students in South Africa to build a solid credit score.
To be eligible, a student must be enrolled in a full-time program at one of the following instututions: a South African university, a FET college, a university of technology, or a private tertiary institution.
They must also receive a minimum monthly allowance of R800.00. The card offers 57 days of interest-free credit on qualifying purchases. It charges no monthly account fee or monthly credit facility fee.
Cardholders also get automatic basic travel insurance of R1,000,000.00 and lost card protection. The card features contactless technology, a free notifyMe service, and fixed monthly outstanding debt repayments.
However, it does not come with garage card access or a credit life plan.
You must also provide a South African ID book or Smart card, proof of income, and be registered at a SAQA approved institution.
Overall, the Absa Student Credit Card is a great starting point for students looking to build their credit history.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Significant benefits and disadvantages you may find
Now it’s time to put all the relevant points you’ve seen in this Absa Student Credit Card review side by side for comparison. Therefore, have a look at the list of benefits and disadvantages below.
Advertisement
Benefits
- No annual fee.
- Travel insurance.
- No foreign transaction fees.
- Wide acceptance globally.
Disadvantages
- High interest rate.
- Complicated rewards program.
- Limited redemption options.
- No introductory APR period.
Is a good credit score required for applicants?
The Absa Student Credit Card, as you can tell by its name, is a student credit card. Students generally haven’t had the time to build a solid credit score.
The Absa Student Credit Card provides them with an opportunity to do just that. Therefore, the card does not require a good credit score for you to qualify.
Learn how to apply and get a Absa Student Credit Card
Like what you have learned in this Absa Student Credit Card review? Then click the link below, read our application guide, and learn how to apply for this card in just a few minutes!
How to get your Absa Student Credit Card
Looking to get a student credit card that helps you build credit? With this Absa Student Credit Card application guide you can!
About the author / Danilo Pereira
Trending Topics
How to get your Tomo Credit Card
See how the Tomo Card application process works and how the company evaluates your financial profile in order to approve your request.
Keep ReadingAmex EveryDay® Preferred Credit Card review: a convenient and valuable card
In this Amex EveryDay® Preferred Credit Card review you will see how this card gives you a nice welcome bonus with no annual fee.
Keep ReadingInstacart Mastercard® Credit Card review
The Instacart Mastercard® Credit Card is a great way to earn rewards on groceries, and more! Check our full review to learn all about it.
Keep ReadingYou may also like
Juno Checking Account review: is it trustworthy?
This Juno Checking Account review will show you how you can earn 5% cash back on cash purchases and 10% cash back on crypto purchases.
Keep ReadingSecured Sable ONE credit card review
Check this Secured Sable ONE credit card review and learn about all the features and benefits this card can add to your everyday life.
Keep ReadingServe® Pay As You Go Visa® Prepaid Card review
Check out this Serve® Pay As You Go Visa® Prepaid Card review to see if it’s the right choice for your financial needs.
Keep Reading