Standard Bank Credit Cards are accessible to individuals aged 18 and above, providing credit limits of up to R250,000.00, subject to affordability and credit evaluation.
To be eligible for the Standard Credit Card, individuals must earn a minimum of R5,000.00 per month and maintain a good credit score. Self-employed individuals are also welcome to apply, provided their monthly income meets or exceeds R5,000.00.
Standard Bank Credit Cards come with a monthly service fee of R40.00 to R209.00. Additionally, each card incurs its own monthly charges, along with fees for withdrawals, deposits, and spending.
Standard Bank credit cards feature competitive interest rates tailored to individual credit profiles, ranging from prime lending rate – 0.25% to repo rate + 14%. Those with excellent credit can secure the lowest rate of prime lending rate – 0.25%.
Additionally, these cards offer a generous 55-day interest-free period. Cardholders also have the option to join the UCount rewards program, enabling them to earn up to 50% back in points for qualifying purchases made with their credit card.
Premium credit card holders enjoy complimentary access to domestic Bidvest lounges, while international airport lounge access is available up to a specified limit for all credit card holders.
In this comprehensive review, we delve into the fees, features, benefits, and suitability of Standard Bank’s credit card offerings.
Standard Bank Credit Card Fees 2024
Comprehensive fees table for Standard Bank’s credit cards, outlining the various charges and fees associated with each card:
| Fee Description | Blue Credit Card | Gold Credit Card | Titanium Credit Card | Platinum Credit Card | World Citizen Credit Card | Diners Club Platinum Credit Card | Diners Club Shari’ah Charge Card | Diners Club Beyond Credit Card |
|---|---|---|---|---|---|---|---|---|
| Monthly Fee | R40.00 | R63.00 | R89.00 | R108.00 | R209.00 | R128.00 | R128.00 | R85.00 |
| Minimum Monthly Income Requirement | R5,000 | R5,000 | R25,000* | R58,000 | R25,000 | R500,000 | – | R250,000 |
| Minimum Annual Income Requirement | – | – | – | – | – | – | – | R250,000 |
| Interest Rate | Personalized | Personalized | Personalized | Personalized | Personalized | Prime + 7.25% | – | Personalized |
| Cash Withdrawal at ATM | R2.40 per R100 | R2.40 per R100 | R2.40 per R100 | R2.40 per R100 | Free | R3 per R100 (min R70) | – | R2.40 per R100 |
| Cash Withdrawal at Branch | R80 + R3 per R100 or part thereof | R80 + R3 per R100 or part thereof | R80 + R3 per R100 or part thereof | R80 + R3 per R100 or part thereof | Free | – | – | R80 + R3 per R100 or part thereof |
| Quasi Cash & Cash advance on casino chips purchases | R2.80 per 100 max R80 or part thereof | R2.80 per 100 max R80 or part thereof | R2.80 per 100 max R80 or part thereof | R2.80 per 100 max R80 or part thereof | Free | – | – | R2.80 per 100 max R80 or part thereof |
| Other banks ATM cash withdrawals | R2.40 per R100 | R2.40 per R100 | R2.40 per R100 | R2.40 per R100 | Free | R3 per R100 (min R70) | – | R2.40 per R100 |
| International Cash Withdrawals | R3 per R100 (min R70) | R3 per R100 (min R70) | R3 per R100 (min R70) | R3 per R100 (min R70) | Free | – | – | R3 per R100 (min R70) |
| ATM Balance Enquiry – no slip | Free | Free | Free | Free | Free | Free | – | Free |
| ATM Balance Enquiry – with slip | R1 | R1 | R1 | R1 | Free | – | – | R1 |
| Branch Balance Enquiry | R18 | R18 | R18 | R18 | Free | – | – | R18 |
| Other Banks ATM Balance Enquiry | R10 | R10 | R10 | R10 | Free | – | – | R10 |
| Voucher Retrieval – Local | R90 | R90 | R90 | R90 | Free | – | – | R90 |
| Voucher Retrieval – International | R290 | R290 | R290 | R290 | Free | – | – | R290 |
| ATM Provisional Statements | R7.50 | R7.50 | R7.50 | R7.50 | Free | – | – | R7.50 |
| Branch Provisional Statements | R50 | R50 | R50 | R50 | Free | – | – | R50 |
| Transaction History (charged per 30-day period) | R50 | R50 | R50 | R50 | Free | – | – | R50 |
| Honouring Fee | – | – | – | – | – | R145 | – | – |
| Default Administration Fee | – | – | – | – | – | R65 | – | – |
| Late Payment Fee | – | – | – | – | – | R170 | – | – |
| Initiation Fee | – | – | – | – | – | – | R190 | – |
| Card Replacement Fee – Local | R170 | R170 | R170 | R170 | R170 | R170 | R170 | R170 |
| Express Delivery (to branch or face-to-face delivery) | R500 | R500 | R500 | R500 | R500 | R500 | R500 | R500 |
| Face-to-face Card Delivery | Free | Free | Free | Free | Free | Free | Free | Free |
| Branch Delivery | R180 | R180 | R180 | R180 | R180 | R180 | R180 | R180 |
| PIN Reset at Branch | R12 | R12 | R12 | R12 | R12 | R12 | R12 | R12 |
| PIN Reset at ATM | Free | Free | Free | Free | Free | Free | Free | Free |
| POS Decline | R9 | R9 | R9 | R9 | R9 | R9 | R9 | R9 |
| E-Commerce Decline Fee | R9 | R9 | R9 | R9 | R9 | R9 | R9 | R9 |
| International Transaction Fee | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% | Based on product | – | 2.75% |
| Garage Card Fuel Transaction Fee | – | – | – | – | – | R25 | – | – |
| Lounge Access Minimum Card Spend Thresholds ( |
Understanding Standard Bank’s Credit Card Range
Standard Bank’s credit card portfolio encompasses a diverse range of options, each designed to cater to specific financial needs and preferences. From basic to premium offerings, there’s a card for every individual. Let’s explore the different tiers:
1. Basic Credit Cards
Blue Credit Card: Simplified Banking Without Compromise
- Monthly fee: R40.00
- Minimum monthly income: R5,000
- Credit limit: Personalized
- Interest rate: Personalized
The Blue Credit Card offers a straightforward solution for individuals seeking a no-frills credit card. With an affordable monthly fee and customizable credit limits, it provides access to essential credit facilities without unnecessary complexities.
2. Mid-Tier Credit Cards
Gold Credit Card: Accessible Lifestyle Benefits
- Monthly fee: R63.00
- Minimum monthly income: R5,000
- Credit limit: Personalized
- Interest rate: Personalized
The Gold Credit Card is ideal for those looking to enjoy lifestyle, travel, and insurance benefits without breaking the bank. With an affordable monthly fee and personalized credit limits, it offers access to essential perks at an accessible rate.
Titanium Credit Card: Trendy Lifestyle and Exclusive Benefits
- Monthly fee: R89.00
- Minimum monthly income: R25,000* (*or have a post-grad degree)
- Credit limit: Personalized
- Interest rate: Personalized
The Titanium Credit Card caters to individuals seeking a trendy lifestyle with exclusive benefits. With access to premium perks and lifestyle rewards, it’s the perfect choice for those looking to elevate their banking experience.
3. Premium Credit Cards
Platinum Credit Card: World-Class Private Banking Experience
- Monthly fee: R108.00
- Minimum monthly income: R58,000
- Credit limit: Personalized
- Interest rate: Personalized
Experience world-class private banking with the Platinum Credit Card. With exclusive benefits and personalized service, it’s designed to meet the needs of discerning individuals seeking unparalleled privileges and rewards.
World Citizen Credit Card: The Ultimate Luxury Experience
- Monthly fee: R209.00
- Minimum monthly income: R25,000
- Credit limit: Personalized
- Interest rate: Personalized
For those seeking the epitome of luxury and exclusivity, the World Citizen Credit Card offers a first-class travel and lifestyle experience. With premium benefits and VIP services, it’s the ultimate choice for high-net-worth individuals.
4. Specialty Credit Cards
Diners Club Platinum Credit Card: Elevated Travel and Lifestyle Benefits
- Monthly fee: R128.00
- Minimum annual income: R500,000
- Credit limit: Personalized
- Interest rate: Prime + 7.25%
The Diners Club Platinum Credit Card offers travel, lifestyle, and insurance benefits tailored for discerning individuals. With access to exclusive privileges and comprehensive coverage, it’s the perfect companion for frequent travelers.
Diners Club Shari’ah Charge Card: Shariah-Compliant Luxury
- Monthly fee: R128.00
Standard Bank introduces the first Shariah-compliant Charge Card in South Africa, in collaboration with Diners Club. Offering access to travel and lifestyle benefits while adhering to Islamic principles, it provides a unique banking solution for the discerning individual.
Diners Club Beyond Credit Card: A Life Less Ordinary
- Monthly fee: R85.00
- Minimum annual income: R250,000
- Credit limit: Personalized
By thinking beyond the ordinary, the Diners Club Beyond Credit Card offers endless lifestyle, travel, and entertainment benefits. With personalized credit limits and exclusive rewards, it unlocks a world of possibilities for cardholders.
Exploring Standard Bank’s Credit Card Benefits
Standard Bank’s credit cards offer a plethora of benefits aimed at enhancing the banking experience and providing added value to cardholders. From travel perks to lifestyle rewards, let’s delve into the key benefits offered by Standard Bank’s credit cards:
1. Interest-Free Days:
Standard Bank credit cards provide up to 55 interest-free days when the balance is paid in full. This feature allows cardholders to make purchases without incurring interest charges if the outstanding balance is settled within the specified period, providing greater flexibility and financial management.
2. Reward Programs:
Standard Bank’s UCount Rewards program allows cardholders to earn rewards points for every purchase made using their credit card. These points can be redeemed for a variety of goods and services, including travel vouchers, electronics, and lifestyle products, providing added value and incentives for card usage.
3. Travel Benefits:
Standard Bank credit cards offer a range of travel benefits, including discounts on flights, hotels, and car rentals. Cardholders may also enjoy access to airport lounges, travel insurance coverage, and assistance services, making travel more convenient and enjoyable.
4. Lifestyle Perks:
From dining and entertainment discounts to exclusive event invitations, Standard Bank credit cards offer a variety of lifestyle perks to enhance cardholders’ experiences. These perks may include access to VIP events, priority booking at restaurants, and special offers on leisure activities, providing added value and enjoyment for cardholders.
5. Security Features:
Standard Bank prioritizes the security of its cardholders with a range of security features and services. These may include ATM robbery insurance, purchase protection cover, and card blocking services in case of loss or theft, providing peace of mind and protection against unauthorized use of the card.
Conclusion: Choosing the Right Standard Bank Credit Card
Standard Bank offers a comprehensive range of credit cards designed to cater to diverse financial needs and preferences. Whether you’re looking for affordability, lifestyle benefits, or luxury perks, there’s a card to suit your requirements. By understanding the features, benefits, and fees associated with each card, you can make an informed decision and choose the right Standard Bank credit card to complement your lifestyle and financial goals.
Credit Card Tips
- Take credit that you can afford.
- Use your credit wisely so don’t overspend
- Make debit order agreements
- Keep your credit score healthy
- Avoid making too much credit
