A Flexible and Affordable Card to Maximize Your Daily Finances with the Absa Flexi Core Credit Card
The Absa Flexi Core Credit Card is designed for those who need financial flexibility in their everyday life.
This card is an excellent option for individuals looking for a reliable credit tool that offers a range of benefits, such as ease of use, rewards, and competitive fees.
Whether you are looking for a simple way to manage your daily expenses or need a card that offers a balance between practicality and rewards, the Absa Flexi Core is a great choice.
About the Absa Flexi Core Credit Card
The Absa Flexi Core Credit Card is all about providing a streamlined credit experience. It’s designed for individuals who want to manage their everyday spending effectively without worrying about unnecessary complications.
The card gives you access to credit that can help with managing monthly expenses while offering helpful features such as real-time expense tracking and the ability to set spending limits to keep your budget in check.
With the Absa Flexi Core, you are also entitled to Absa’s various financial tools that help you make informed decisions about your spending.
The card comes with access to the Absa Banking App, which allows you to monitor your account at any time, set up alerts for spending, and make instant payments to keep your account up to date.
Benefits and Advantages of the Absa Flexi Core Credit Card
The Absa Flexi Core Credit Card offers a host of valuable benefits, making it an appealing choice for consumers looking for a reliable and user-friendly credit card.
Here’s what you can expect:
- Rewards: By using your card regularly, you can access the Absa Rewards program, where you earn points for every purchase and redeem them for a variety of rewards, from travel discounts to gift cards.
- Security: The card offers purchase protection, giving you added peace of mind for both online and in-store transactions. This ensures that your purchases are secure and protected against fraud.
- Flexibility: Manage your credit limit according to your monthly income and financial needs. You can request a limit increase or decrease through the Absa Banking App or website.
- Installment Options: You can take advantage of installment options for your purchases, with repayment terms of up to 24 months for certain transactions, giving you more flexibility in managing bigger purchases.
- Interest Rates: Competitive interest rates that adjust based on your credit profile, ensuring you’re getting a rate that fits your financial situation.
- Global Acceptance: The card is widely accepted across millions of locations worldwide, making it a reliable companion for both local and international transactions.
- No Annual Fee: The card may be maintained without an annual fee, depending on your usage and spending patterns.
Fees and Charges
When it comes to fees and charges, the Absa Flexi Core Credit Card offers a transparent structure to help you manage your costs.
The interest rate on the card is competitive, generally averaging around 17% per annum, though this rate may vary based on your credit profile.
For cash withdrawals, a fee of 2.75% is applied, with a minimum charge of 50 ZA per transaction. This ensures that if you need access to cash, you can withdraw it easily while maintaining awareness of associated costs.
Additionally, for transactions made internationally, a currency conversion fee of 2.5% is applied to the transaction amount.
Minimum Income Requirement
To be eligible for the Absa Flexi Core Credit Card, you will need to have a minimum income of 3,000 ZA per month.
This requirement ensures that applicants have the financial means to responsibly manage their credit. However, this minimum income may vary based on your personal credit evaluation.
It is always recommended to check directly with Absa during the application process to confirm eligibility.
Annual Fee
The Absa Flexi Core Credit Card has a flexible approach to annual fees. For users who meet a specific spending threshold each month, usually around 3,000 ZA, the card is offered without an annual fee.
If the spending requirement is not met, an annual fee of approximately 300 ZA will apply, which is typically charged in monthly installments of 25 ZA.
Credit Limit
The credit limit for the Absa Flexi Core Credit Card is determined based on your credit assessment.
Absa provides flexibility in adjusting the limit according to your income and financial history.
You can request adjustments to your credit limit directly through the Absa Banking App or by contacting customer service.
How to Apply for the Absa Flexi Core Credit Card (Step by Step)
Applying for the Absa Flexi Core Credit Card is straightforward, and the entire process can be completed online. Here’s a step-by-step guide:
- Visit the Absa website or access the Absa Banking App to begin your application.
- Fill out the application form with your personal and financial details, including proof of income and residential address.
- Submit the required documents, such as copies of your ID, proof of address, and income statements.
- Wait for the credit evaluation process, which typically takes up to 48 hours.
- Receive your card once the approval is confirmed. Your card will delivered to registered address.
Contact Absa
If you have any questions or need further assistance with your Absa Flexi Core Credit Card, you can reach out to Absa’s customer service team through the following contact methods:
- Phone: 0860 100 372 (available Monday to Friday, from 8 am to 5 pm)
- Email: [email protected]
- Website: www.absa.co.za
- Absa Banking App: Available for download on Android and iOS platforms.
The Absa Flexi Core Credit Card is a practical, user-friendly credit solution that offers great value with its range of benefits, competitive fees, and flexible features.
For those seeking a reliable credit card to manage daily expenses while enjoying the perks of a rewards program and financial control, the Absa Flexi Core is a top contender.
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