Credit Cards

Absa Gold Credit Card full review: should you get it?

Meet the credit card that offers one of the highest reward rates in the national market! Enjoy travel benefits and more! Read on to learn more!

by José Gonçalo

Published on 01/25/2023

Absa Gold Credit Card: up to 30% cashback and travel benefits

Absa Gold Credit Card offers one of the highest cashback rates in the country. Finding an option in the competition that exceeds a 30% return on purchases is difficult.

Absa Gold Credit Card: check out how to apply!

Apply for Absa Gold Credit Card and enjoy a reward program and travel benefits. Up to 30% cashback. Keep reading to learn more.

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However, this card offers more than that. Are you interested in learning more about it? Then keep reading our full review and understand all the benefits offered!

Credit Score	Good or excellent (650 or greater);
Monthly Fee	R55;
Initiation Fee	Not disclosed;
Interest Rate	57 days of interest-free on qualifying transactions. Up to 21% interest rate after;
Rewards	Absa Rewards: Up to 30% cashback on purchases at Food Lover’s Market, Pick n Pay, Woolworths, Dis-Chem stores, and more. Up to 1.15% cashback on all other purchases.

Absa Gold Credit Card: learn more about this financial product

Absa Gold Credit Card is one of the cards offered by one of the most famous banks in the country, Absa Bank.

Like other credit products from this issuer, this card has a rewards program that offers up to 30% cashback. You can receive rewards for purchases domestically or internationally.

In fact, a rate almost unrivaled for the competition. In addition, this card offers exclusive rates for lounge tickets at national and international airports.

Travelers can also count on travel insurance that protects them in fatality cases. If you lose your card, don’t worry.

Just notify the bank, and you are exempt from liability. You also have a list of Visa benefits to make your trips even more unforgettable.

Absa Gold Credit Card features

Pleased and happy european guy shrugging while holding smartphone and credit card, smiling and standing over gray background. Man is pleased how simple he can now pay for his needs — Check Absa Gold Credit Card main features. Source: FreePik

This credit card adds travel advantages and benefits to the consumer. This way, it presents itself as a very profitable option.

However, there are some drawbacks too! To learn more, see the lists of major pros and cons below!

What are the benefits?

A rewards program that offers cashback on all purchases (up to 30% earnings in some categories);
Special rates for access to local and international lounges at Bidvest airports and travel insurance on international flights;
Exemption from liability in case of loss or theft of the card;
Access to Visa Global Merchant benefits (exclusive deals and offers, travel insurance, lounge access, and more).

And what are the drawbacks?

No information on the website about the initiation fee;
It doesn’t offer free lounge access or other travel services (which is common with travel cards);
Complicated rewards program, with points levels that favors consumption in a few brands;
Relatively low credit limit.

What credit score do you need to get the card?

The income criteria are much more decisive in applying for this card. However, we recommend you have a good or excellent score to increase your chances. That means over 650 points.

How does the application process work?

Are you interested in applying for the Absa Golden credit card and start taking advantage of up to 30% cashback? Then learn how to request this card in the following post!

Absa Gold Credit Card: check out how to apply!

Apply for Absa Gold Credit Card and enjoy a reward program and travel benefits. Up to 30% cashback. Keep reading to learn more.

Keep Reading

About the author

José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.