Nedbank Credit Cards offer different reward options. How would you like to be rewarded?

21st November 2016

Getting a Nedbank credit card is a good choice because you have the support of a bank that is a stalwart in South Africa.

Nedbank was founded in 1888 in Amsterdam, opening an office in Pretoria. In 1992 the bank was changed to Nedcor Bank of which Nedbank became a division.

Today named the Nedbank Group, they are one of the largest banks in South Africa, offering a wide range of credit cards to use in-store and on-line.

What are the advantages of Getting a Nedbank Credit Card?

Even though Nedbank is a reliable and reputable credit card provider, you should always research what companies offer.

Check out interest rates on credit-card balances, credit limits, transaction fees, card fees and the different reward programmes. Only then pick the card that suits your budget.

For students between the ages of 16 and 26 look at the Student Account card –

  • Free cash withdrawals at Nedbank ATMs
  • No charge debit card purchases
  • Airtime top-ups at ATMs belonging to Nedbank
  • Unlimited electronic account payments
  • Access to digital banking
  • Free statement enquiries

Getting a Nedbank Credit Card

Students love this card, unlike other credit cards, no proof of residence is required. You must, however, show that you are registered at a tertiary institution.

All banks have loyalty cash-back programmes, and Nedbank has their Greenbacks. As a Nedbank Greenbacks member, you can earn Nedbank Greenbacks and spend them 24/7 at the online mall.

While you keep using your card, your points never expire. You can also transfer your Greenbacks to another Greenbacks member free of charge.

Your credit cards can also be linked to lifestyle rewards programmes, and just by spending, you earn rewards.

To qualify for a Nedbank Credit Card –

  • You must be 18 years of age or older
  • You have to be a South African resident
  • It’s important to have a good credit rating
  • Your income should be around R36 000 or more to own the Classic Credit Card.

 

For the Gold Credit Card, you must earn R100 000 or more and for the Platinum Credit Card, R350 000 or more

Getting a Nedbank Credit Card gives you the Following benefits-

  • Global ATM access
  • Up to 55 days interest-free credit
  • Optional life cover
  • ASIC travel insurance of up to R3,000,000
  • Free supplementary card
  • Flexible repayments options
  • A monthly service fee of R58

 

With a Nedbank Credit Card, you’ll have a once off initiation fee of R135. If you’re not sure which of the Nedbank cards to choose from, contact the card division.

They can assist you with any queries. regarding your credit card application and help you choose the card that will suit your needs. Call Nedbank on  086 126 3464 to discuss this or email them at contactcentre@nedbank.co.za.

Getting a Nedbank Credit Card is an excellent way to access money when you really need it. Nedbank’s credit card insurance also protects you from illness and retrenchment. Even if you’re not earning, you can still be paying off your credit card debt.

Its quick and easy to apply, so what’s stopping you?

All info was correct at time of publishing