Advantages of your Premium Credit Card
Features and benefits
- Digital banking: Use your Absa Banking App to stop and replace your card, report fraud, manage your daily card limits and more. Or you can logon to Absa Online Banking and bank wherever you are, 24/7
- Bidvest Airport Lounge: 12 complimentary visits per year and access at preferential rates thereafter (including guests)
- Travel insurance* R3 million automatic basic cover for a range of travel emergencies
- Buyers Protection and Extended Warranty
- Free lost card protection: You are covered if your card is lost or stolen, subject to letting the bank know (please call us on 0800 111 155)
- Absa Rewards: Earn up to 30% real cash back, depending on your Rewards Tier when you pay with your card locally and internationally
- Absa Advantage: Complete simple challenges on the Banking App and get rewarded instantly
- Exclusive Visa benefits such as Visa Global Merchant offers
- Contactless payments: Tap to pay with your card, smartphone or wearable device at any point-of-sale machine worldwide
- NotifyMe: For added security, activate SMS notifications to get alerts of any activity in your account
*Underwritten by Bryte Insurance Company Limited.
Terms and conditions apply to all services and benefits.
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 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 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.
Find out more about the Absa Rewards Dis-Chem partnership and the detailed terms and conditions for this offer.
