BlueBean is a Standard Bank division that offers South Africans credit cards that are flexible, inexpensive, and helpful. The bluebean credit card appears to be in high demand these days. The bluebean credit card, when used correctly, can be beneficial to your financial well-being. The card provides convenience, protection, and other benefits to responsible users.
You can apply for the Bluebean credit card online through their website, which will save you time and expedite the processing of your application. When filling out an online application. To apply, first log in to your Internet Banking profile, or create a new profile if you are a new standard bank client. Then fill out a form to request a callback. Alternatively, you can apply at a nearby normal bank branch. To apply, you must first ensure that you meet the minimum requirements.
In most cases, when you use a credit card to pay for something, you are borrowing money. You will receive a monthly credit card statement later, which you must pay on time. Interest will be levied if you do not pay your monthly statement in full.
You earn Rewards Points every time you pay with your bluebean credit card. The reward points can be spent on anything you like.
You can activate or deactivate your card using the banking app. When you lose your card, this will prevent it from being used by unauthorized people. The 3D secure verification feature on the blue card ensures your safety when purchasing online. In general, using a credit card makes it easier to avoid fraud losses. When a fraudster uses your debit card, the money immediately disappears from your account; however, this is not the case with the Bluebean credit card.
The Bluebean credit card comes with a number of client protections that most people don’t even realize, such as car rental insurance and travel insurance.
The Contactless feature of Bluebean’s credit cards means you don’t have to swipe or hand your card to anyone to pay for products and services under R500. You can also link your apps for secure payments using your phone.
You don’t get charged interest if you pay your outstanding credit balance in full within 55 days.
If you are trying to improve your credit score, using the bluebean credit card responsibly will help because all your payment activities are reported to the credit bureaus.
The following transactions do not qualify for any interest-free period and incur charges from day one:
About 85% of card holders do not enjoy the 55 days interest free grace period. If you don’t pay your card in full on the statement’s due date, you lose the benefit of that interest-free period.
An example: 1 – 31 March is your card’s billing period. Therefore, amounts spent during this period are interest free if you pay the full amount owing by 24 April.
However, should you not pay by 24 April; all the purchases you made during the billing period will be charged interest, even the transactions with less than 55 days.
From the Hellopeter client reviews, the bluebean/ standard bank had an average rating of 1.76 from 357 reviews. Most of the clients’ complain of poor services rendered by the call centre and mixed up email responses.