Apply for Credit Card South Africa

By: EconomyWatch Content   Date: 29 January 2010

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If you plan to apply for credit card South Africa, there are various options available like American Express and MasterCard. These cards are used in millions of locations worldwide. Your credit card will be your constant companion when you are traveling abroad, dining in a restaurant, or shopping in any part of the world.

 

Apply for Credit Card South Africa: American Express

The American Express credit card in South Africa is available to everyone aged 21, or more, with a minimum salary of R36,000. The main features of the card include branch banking, telephone banking, internet banking, and mobile banking. The card has a balance transfer rate of 9.90%. There is a payment protection interest of R3.89 per R1000 for outstanding balances.

 

The subscription fees for an American Express card are R165 per year and there is a reward program fee of R169 per year. A secondary card, if used, is charged at R165 per year. Internet banking fees are R15 per month. There is a card delivery fee of R127. The credit interest is 0.25% till R49, 999 and 0.75% for more R50,000 or more.

Apply for Credit Card South Africa: American Express Gold

 

American Express Gold Card is available to someone who is aged 21, or more, and has a minimum annual salary of R120,000. While all the banking facilities like internet, mobile and branch are available, this card gives you access to a wide range of Amex Membership Rewards program. This card has a payment protection insurance of R3.89 per R1000 for outstanding balances.

 

As far as the subscription fees are concerned, there is a basic membership fee of R255, per year, and a reward program fee of R169 per year. Internet banking is charged at R15 per month. There is a card delivery fee of R127. The credit interest is 0.25% till R49, 999 and 0.75% for more R50,000 or more.

 

Apply for Credit Card South Africa: NedBank

NedBank card is available to everyone who is aged 18 years, or above, and with a minimum annual salary of R36,000. While all the standard banking facilities are available with NedBank, the rate of balance transfer is 11.90%. Greenbacks is the reward program of NedBank to its card holders.

 

 

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