Absa Bank Student Credit Card: a Simplified Option for Those Without Credit with a Zero Interest Rate

“Under the slogan ‘create a promising financial future,’ the Absa Bank Student Card comes with no yearly fee and provides access to special Absa rewards.”

Students enrolled at a South African school are eligible to apply for the card with just a basic credit check.

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Looking for Something Extra?

The Absa Bank Student Card is designed to cater to the requirements of its users. It does not have any monthly fees for regular spending and offers a chance to build a credit history.

Backed by Visa, this card is a convenient option for individuals beginning their credit journey, guaranteeing a smooth application process.

Navigating this phase of life can often present difficulties in obtaining approval for traditional credit cards, as they commonly demand significant incomes and an established credit background.

This offers greater access to students and young adults who might not have a significant income or credit background yet.

Additionally, the card gives complete access to Absa Banking via a mobile app, providing various convenient services like setting daily spending limits, reporting suspicious transactions, monitoring expenses, and requesting new cards.

In general, this tool is very useful for young people who want to handle their finances responsibly and start establishing their credit history.

According to the information provided by Absa Bank, the credit limit is highly customized, usually commencing at around R200 for student customers.

For the Absa Bank program, students need to show a monthly income or allowance of at least R800.

The card comes with no initiation or monthly fees, providing a grace period of up to 55 days with no interest and no fees for purchases.

To be eligible for the card, applicants must be between 18 and 30 years old and officially registered at an accredited and acknowledged educational establishment.

Note that Absa Bank does not provide an online application option. To apply, individuals must visit a branch in person or contact the bank by phone.

Absa offers customers three free visits per year to the Bidvest Airport Lounge, along with travel coverage of up to R1,000,000 for emergencies such as insurance and free lost card protection.

When you are a Visa card user, you are entitled to enjoy the exclusive benefits offered by the brand, such as Visa Global Merchant services, and the ease of making contactless payments.

Absa Bank has introduced the NotifyMe feature, allowing customers to get instant account activity updates through SMS.

It is especially important to remain proactive in preventing possible problems, especially those concerning fraudulent activities and identity theft.

Interested in exploring a different alternative?

If you are in a more favorable financial situation with a solid credit background, you might want to explore the **Standard Bank Diners Club Beyond**.

The card provides various perks for traveling and enhanced financial control, and you can discover the procedure for applying.

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