Major Credit Cards – Which Cards South Africans Prefer

Credit card consumers are looking for the convenience of use and look for a product which is mostly in line with their lifestyle and does not prove to be too much of a hindrance in their daily life routines and provide a valuable financial benefit against cost. The consumers identify the major credit cards that provide the quality they desire. People rank these based on the overall customer experience in using the facility.

There are some considerations consumers make when they are thinking of joining a credit card service. These factors include but they do not limit it to the cost of maintaining the card. That translates to the fixed monthly charges. More considerations include interest charged on the credit facility utilised, whether or not the card gives the holder access to other trade linked services and how extensive such a network is. Also, just overall customer care standards of service provided by the issuing organisation.

major credit cards

Major Credit Cards in South Africa

They rank Virgin credit cards the highest on overall customer experience, where consumers attested to the quality of service they received from all Virgin staff members. The monthly charges on the card rank lowest at R55 and are said to give the lowest credit interest rates. The application process for this card is simplified and can conveniently be made online. The card pleasantly opens up the Virgin group of companies’ lifestyle products to the holder on a points reward system.

People consider the Gold Credit Card from African Bank the second best card facility to use. That is predominantly because of its free transaction fees. Also because of its low-interest rates and longer interest-free trade periods on credit and lack of a minimum salary requirement. The application process is easy, convenient and promises a higher possibility of acceptance than most cards. The security features on the card also provide a positive attraction where one can issue SMS alerts and stop card orders once one realises the card is missing.

More Major Credit Cards:

People rate the Nedbank range of credit cards that is including the Classic, Gold and Greenback range as the third most popular. These are way above Nedbank’s banking peers. Consumers love this credit card because Nedbank allows them to transfer credit from one account to another within the Nedbank family. Customers also love the bank’s incredible customer care service.

People select the Go Banking Credit Card for the fantastic discounts consumers get. These are for their purchases at all Pick n Pay stores. That is while they choose the Kulula Credit Card for the discounts on all Kulula flights to account holders. Though these two credit card facilities offer fewer rewards, they have higher interest and monthly charges. People who make frequent purchases from the two mentioned institutions consider these cards worthwhile.

Some of the other major credit cards in South Africa include Blue Bean Standard Bank credit card facility. Also, American Express licenced by Nedbank, South African Voyager Credit Card issued by South African Airlines and BarclayCard which has been in operation for 40 years issued by ABSA,

All info was correct at time of publishing