The Best South African Credit cards

The Best South African Credit cards


In South Africa, economist Justin Visagie describes the middle class as a household of four persons with a total income of between R5 600 and R40 000 per month after direct income tax. We’ll look at some of the cheapest credit cards with the lowest monthly fee to keep your monthly costs down. Because as we all know a credit card can be a useful tool in your pocket if used right. Here are a few of those credit cards to consider.


Absa’s Gold credit card

Monthly income R4 000

Monthly fee R28.70

This card is primarily tailored to suit the needs of high-end customers and young professionals. It has basic travel insurance and special offers and discounts from Visa or Mastercard.


FNB Classic credit card

Monthly income R7 000

Monthly fee R24

Best reward credit card, earn back in eBucks on everyday shopping and on fuel. The eBucks can be spent at a number of eBucks partners and the points earned never expire. Also benefit from no transaction fees on purchases and up to 55 days’ interest-free credit and personalised credit limit.


Kulula credit card

Monthly income R 6 700

Monthly fee R34

There’s free online banking and Kulula own unique reward scheme allowing individuals to earn Moolah for each purchase made using the card. Once the Moolah accumulates can pay for the full flight fare including both taxes and even VAT. And it’s a card suitable for frequent flyers as points accumulated need to be used within 6 months of being issued.


Nedbank Gold credit card

Monthly income R 8 500

Monthly fee R30

It’s tailored to suit your financial needs. A balance transfer is available along with an extended credit facility. There’s a minimum credit limit of R2 000 and a free transactional SMS notification service that notifies you of purchases made on your account.


Virgin Money credit card

Monthly income R 5000

No monthly fee

It provides a simple pricing structure removing any annual card fees. Virgin only charges five individual fees for the use of the card. These include ATM withdrawals, enquiries, cash deposits, Branch cash withdrawals/cheque deposits and the charge for lost or stolen cards.


Standard Bank gold credit card

Monthly income R 5000

Monthly fee R35

It’s no transaction fees, lower interest rate and access to Priceless Africa rewards. For dining, shopping, sports to travel and entertainment offers and basic travel insurance and up to 55 days’ interest-free credit.

Before applying for one, there are a few things to consider: click here.




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