Everything to know about Nedbank credit cards in South Africa

Nedbank is one of South Africa’s largest banks, offering a wide range of financial services to individuals, businesses, and corporations. Established in 1888, Nedbank has a long history in the country and is known for its innovative banking solutions and commitment to sustainability. The bank provides services such as personal and business banking, wealth management, insurance, and investment solutions. Let’s take a look at Nedbank credit cards available in South Africa, exploring the different card types and their unique features.

Minimum income	R5000 and above
Monthly service fee	R30 and above
Interest rates	Personalised
Interest- free days	Upto 55days

Rates and fees of Nedbank credit cards

How can I apply for a Nedbank Credit card in South Africa?

You can apply for a Nedbank Credit card via:

Go to the official Nedbank website.
Browse through the various credit card options offered by Nedbank and choose the one that best suits your needs.
Make sure you meet the eligibility criteria specified for the chosen credit card. This typically includes factors like minimum age, income requirements, and credit history.
After submitting your application and documents, wait for Nedbank to review your application. They may contact you for further information if needed.

What documents do I need to apply for Nedbank credit card?

To apply for Nedbank credit card in south Africa, ensure you have all required documents ready, which may include:

Your valid South African ID or a work permit and passport
Proof of income by means of or three month’s verified bank statements.
Proof of residence dated within the last three months (e.g. electricity or Telkom bill).
A bank account

What are the requirements for a credit card with Nedbank?

You’ll need to meet the following requirements to get your new Nedbank credit card:

Be 18 years and above
Have a valid South African ID
Must be a South African resident
Earn at least R5000 monthly

What type of credit cards are offered by Nedbank?

Here are the types of credit cards that are offered by Nedbank to its customers in South Africa:

1. Nedbank Gold Credit Card

The gold credit card is accepted in more than 24 million stores globally. It offers personalized interest rates and up to 55 days of interest-free credit. Plus, you can collect rewards points by joining the Greenbacks rewards program.

2. Nedbank Platininum Credit Card

The Platinum card provides excellent travel perks, including travel insurance coverage of up to R 3,000,000. Additionally, you can request an extra card for your spouse, offering 55 days interest-free and personalized interest rates.

3. American Express Gold Credit Card

The American Express gold card offers unique travel offers like reduced prices on flights and travel bundles. It also provides travel insurance of up to R4 million for both local and international trips. It’s an ideal card for avid shoppers as it allows for significant purchases.

4. American Express Platinum Credit Card

This card provides special airline perks and grants entry to more than 1,000 airport lounges across the globe. Enjoy reduced prices on various airlines and benefit from favorable interest rates and interest-free periods.

5. Small Business Credit Card

Nedbank also provides credit cards tailored for small business owners, whether they are retailers or sole proprietors. These cards help establish your business’s credit history and enhance your working capital and cash flow.

6. SAA Voyager Gold Credit Card

Lastly, there’s the SAA Voyager Credit card, which includes automatic basic travel insurance of up to R4 0000 and a 10% discount on additional insurance. You can also accumulate Voyager Miles while doing your regular shopping.

What are the advantages of Nedbank credit cards ?

Here are the benefits you will enjoy while using Nedbank Credit Cards in South Africa either to pay bills or to buy goods online:

Get affordable credit solution
Earn Greenbacks on all eligible spend
Complimentary card delivery
Enjoy zero Charges on card swipes offers travel insurance for its customers
Easily manage your card with the Money app or Online Banking.
Use your card in-store, online, at ATMs or abroad.
Flexible repayment options

Editor’s Remarks

As one of the best credit cards in South Africa, Nedbank’s credit cards enables you to unlock the full value of your money with cash back on card purchases, exclusive discounts from their partners, and an uncapped earn when you spend on your Greenbacks-linked American Express® Debit or Credit Card.

Frequently Asked Questions

What is the minimum payment on a Nedbank credit card?

The minimum payment is 2.5% every month on your outstanding balance.You can make these payments in installments over time to enable you to complete payments within the required time.

What do you need for a Nedbank credit card?

To get a Nedbank Card, you’ll need to be over 18 years old. You need to live in South Africa, and have a valid South African ID or a valid passport and work permit. You need to earn at least R5,000 a month.

How do I contact Nedbank credit card?

You can contact Nedbank on their contact Centre number 0860 555 111 or visit them at their physical address in South Africa.

How do I qualify for a Nedbank credit card in South Africa?

To qualify for Nedbank credit cards in South Africa, you need to meet their requirements which include:
– You need to be over 18 years old.
– You must be living in South Africa
– You must have a valid South African ID or a valid passport and work permit.
– You need to earn at least R5,000 a month before tax and have a healthy credit score.

How long does a Nedbank credit card take?

After successfully applying for a new Nedbank credit card in South Africa, it can take about 2 working days for the card to be delivered or for the bank to request you to pick your card from the nearest branch

Can you apply for a credit card online?

Yes, Nedbank in South Africa allows you to apply for their credit card online through their website or mobile banking app. However, note that you must be at least18 years old, living in South Africa, and having a valid South African ID

Can I use my Nedbank credit card overseas?

Yes, you can use your Nedbank credit card overseas. Nedbank credit cards are generally accepted internationally wherever Visa or Mastercard is accepted, depending on the type of card you have.

Who qualifies for Nedbank Platinum?

To qualify for a Nedbank Platinum Credit Card in South Africa, you must 18 years or above and earn at least R29,000 a month before tax and have a healthy credit score