The Absa Gold Credit Card sits in the middle of the bank’s range, above the Student card and below Premium and Private Banking. It offers a limit of up to R90 000 for R69 a month, and Absa recommends an income of R7 000.
Why we recommend the Absa Gold Credit Card
The interest-free period runs to 57 days on qualifying purchases, provided the full statement balance is paid by the due date. Purchases carry no transaction fee, apart from the usual exceptions such as prepaid airtime, data, electricity and Lotto.
Absa Rewards pays cash back when you use the card, with a percentage that depends on your tier; the bank advertises up to 30% on selected spend such as flights booked in the Banking App.
Travellers get R1,5 million of automatic basic cover when the trip is paid with the card, plus preferential rates at Bidvest Premier lounges. Contactless payments up to R500, Apple Pay, Google Pay and Samsung Pay are supported.
Author’s opinion
For someone earning R7 000 or more who travels a few times a year and will actually use the rewards, this is one of the most balanced cards in the Absa line-up. If you never fly or book through the app, cheaper cards elsewhere do the same job.
The R69 fee is charged whether you use the card or not, and lounge access is discounted rather than free. The interest rate is personalised and not shown on the product page, so ask for your quote, and expect three months of proof of income.
I want to learn more about the Absa Gold Credit Card!
Requirements, documents, fees and the application process on the official Absa website are on the next page. Tap the button below.
