Best answer: What is the best credit card in South Africa?

Which company is best for credit card?

Best Credit Cards Based on Top Categories

Credit Card Best For
HSBC Visa Platinum Credit Card Travel, Dining, Movies
Citi Cashback Card Cash Back
IndusInd Bank Platinum Credit Card Lifetime Free Card
IndianOil Citi Credit Card Fuel

Which bank is best for credit?

Best banks and credit unions:

  • Best overall, best for customer service: Ally Bank.
  • Best overall, best for cash-back rewards: Discover Bank.
  • Best overall, best for ATM availability: Alliant Credit Union.
  • Best overall, best for overdraft options: One.
  • Best overall, best for rates: Varo Bank.
  • Best overall, best for tools: Chime.

How much must you earn to get a credit card in South Africa?

The minimum salary requirement for a credit card application is R5 000, and R10 000 for self-employed clients.

What bank card do billionaires use?

1. American Express Centurion. Also known as the Black Card, the American Express Centurion is an elusive and exclusive card issued by invitation only. To be invited, you must be an existing holder who spends at least an estimated £180,000 a year.

IMPORTANT:  Your question: How long does it take to ship a package to Africa?

What number is a good credit score in South Africa?

Most credit bureaus rate your credit score between 300 and 850: A low score is generally considered to be between 300 and 579. A fair score is between 580 and 669. A good score is anything above 700.

Which credit card is best for daily use?

Best everyday credit cards

  • Best overall: Citi® Double Cash Card – 18 month BT offer.
  • Groceries: Citi Custom Cash℠ Card.
  • Online subscriptions: Blue Cash Preferred® Card from American Express.
  • Online shopping: Amazon Prime Rewards Visa Signature Card.
  • Drugstores: Bank of America® Cash Rewards Credit Card.

What is the fastest way to build credit?

8 Ways to Build Credit Fast

  1. Pay bills on time.
  2. Make frequent payments.
  3. Ask for higher credit limits.
  4. Dispute credit report errors.
  5. Become an authorized user.
  6. Use a secured credit card.
  7. Keep credit cards open.
  8. Mix it up.

How do I choose a bank for my first time?

What to consider when choosing a bank

  1. Fees. Many banks will have fees that you may not even be aware of, so read the fine print. …
  2. Accessibility. When it comes to managing your money, you want something that is easy for you. …
  3. Safety. …
  4. Transparency. …
  5. ATM access. …
  6. Support.

How can I get a black card?

How Do I Get an American Express “Black Card”?

  1. Use other Amex cards.
  2. Be an active cardholder for at least a year.
  3. Charge at least $250,000 per year (though some estimates are as high as $450,000)

How do I choose a bank?

8 steps to choose a new bank

  1. Identify your ideal type of account. …
  2. Look for banks that charge low or no fees. …
  3. Consider the convenience of a bank branch. …
  4. Take a look at credit unions. …
  5. Find a bank that fits your lifestyle. …
  6. Examine digital features. …
  7. Understand the terms and conditions. …
  8. Read reviews for banks you’re considering.
IMPORTANT:  Which country is the second largest producer of copper in Africa?
African stories