Premium Credit Card
Monthly fee
R97
Recommended income
R25 000 pm and above
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Premium Credit Card benefits

Premium Credit Card in-hand

Priority banking

Dedicated Premium Banking line.

Premium Credit Card absa-rewards

Cash Rewards

Cash back with Absa Rewards. Free meals for completing challenges on your App.

Premium Credit Card Benefits

Value added benefits

Complimentary access to Bidvest Premier Domestic and International airport departure lounges. Travel insurance for international bookings.

What you need to know about your Premium Credit Card

  • Features and benefits

    *Underwritten by Bryte Insurance Company Limited.
    Terms and conditions apply

  • Premium Rewards Booster at Dis-Chem

    As a Premium Banking Credit Card holder, you can earn an additional 10% booster on top of the standard Absa Rewards earn rate at Dis-Chem.
    • To qualify for the booster, you have to have a minimum total monthly spend of R7 000.00 on your Premium Banking Credit Card for the Rewards accrual period (spend period is from the 16th of each month until the 15th of the next month). Your total spend can be a combination of Dis-Chem spend and any other qualifying credit card spend.
    • To qualify for any booster earn, you must have spent at Dis-Chem during the month.
    • The booster is only paid on purchases made on your Premium Banking Credit Card Account. Purchases funded from the transactional or cheque account will earn at the normal debit card earn rate and will not count towards the booster total.
    • If the spend cap of R3 000.00 or 30% of the total spend across all cards (whichever occurs first) is reached on an Absa card other than the Premium Banking Credit Card, subsequent spend made with the Premium Banking Credit Card will not attract any earn benefit, including this additional benefit.
    • The earn will increase as follows for the various tiers:

    -      Tier 5: from 30% to 33%

    -      Tier 4: from 6.5% to 7.15%

    -      Tier 3: from 2.5% to 2.75%

    -      Tier 2: from 1.5% to 1.65%

    -      Tier 1: from 1% to 1.1%

    • Existing credit card and Absa Rewards product rules and spend thresholds apply.

  • Qualifying criteria and requirements

    • Monthly income required: R25 000
    • Age: 18 years or older
    • Documentation required: Valid South African ID book or Smart card, proof of residence and the latest proof of income for three consecutive months
    • Subject to affordability assessment

  • Buying and paying

    • Credit limit: Up to R138 000
    • Swipe, scan or tap to pay at any point-of-sale machine worldwide
    • Shop securely online or in-store

  • Rates and fees

    • Interest rate: Get up to 57 days interest-free on qualifying transactions
    • Transaction fees on purchases: No transaction fees on purchases (excluding prepaid airtime, data, utilities and Lotto)
    • Fixed monthly payments: You can pay extra on your monthly instalments if you need to

Get R1 500 cash with a Premium Credit card

Apply for an Absa Premium Credit Card and you could get R1 500 cash in your Rewards account.

Apply now

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More about your Premium Credit Card

Learn about credit

Get important tips and useful information on how you can manage your Absa Credit Card.

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Upgrade or change limit

It’s quick and easy to upgrade or change your limit.

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My card and safety

Keep your credit card in a safe place, use it wisely and never share your PIN with anyone.

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Digital payment solutions

For fast, secure payments. Available 24/7.

 

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You might be interested in the following credit cards

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Private Banking Credit Card
Private Banking Credit Card
Banking benefits that suit both your personal style and financial status.
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Need more help?

For more information visit our Self-service section
 

General card support:

Call us on: 0861 462 273
International: +27 11 354 4001
Email us at: contactcard@absa.co.za


Visit your nearest branch


For lost and stolen cards (24/7)
Call us on: 0800 111 155 | Absa App