Standard Bank Credit Card Review 2024

Standard Bank Credit Cards are accessible to individuals aged 18 and above, providing credit limits of up to R250,000.00, subject […]


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 DescriptionBlue Credit CardGold Credit CardTitanium Credit CardPlatinum Credit CardWorld Citizen Credit CardDiners Club Platinum Credit CardDiners Club Shari’ah Charge CardDiners Club Beyond Credit Card
Monthly FeeR40.00R63.00R89.00R108.00R209.00R128.00R128.00R85.00
Minimum Monthly Income RequirementR5,000R5,000R25,000*R58,000R25,000R500,000R250,000
Minimum Annual Income RequirementR250,000
Interest RatePersonalizedPersonalizedPersonalizedPersonalizedPersonalizedPrime + 7.25%Personalized
Cash Withdrawal at ATMR2.40 per R100R2.40 per R100R2.40 per R100R2.40 per R100FreeR3 per R100 (min R70)R2.40 per R100
Cash Withdrawal at BranchR80 + R3 per R100 or part thereofR80 + R3 per R100 or part thereofR80 + R3 per R100 or part thereofR80 + R3 per R100 or part thereofFreeR80 + R3 per R100 or part thereof
Quasi Cash & Cash advance on casino chips purchasesR2.80 per 100 max R80 or part thereofR2.80 per 100 max R80 or part thereofR2.80 per 100 max R80 or part thereofR2.80 per 100 max R80 or part thereofFreeR2.80 per 100 max R80 or part thereof
Other banks ATM cash withdrawalsR2.40 per R100R2.40 per R100R2.40 per R100R2.40 per R100FreeR3 per R100 (min R70)R2.40 per R100
International Cash WithdrawalsR3 per R100 (min R70)R3 per R100 (min R70)R3 per R100 (min R70)R3 per R100 (min R70)FreeR3 per R100 (min R70)
ATM Balance Enquiry – no slipFreeFreeFreeFreeFreeFreeFree
ATM Balance Enquiry – with slipR1R1R1R1FreeR1
Branch Balance EnquiryR18R18R18R18FreeR18
Other Banks ATM Balance EnquiryR10R10R10R10FreeR10
Voucher Retrieval – LocalR90R90R90R90FreeR90
Voucher Retrieval – InternationalR290R290R290R290FreeR290
ATM Provisional StatementsR7.50R7.50R7.50R7.50FreeR7.50
Branch Provisional StatementsR50R50R50R50FreeR50
Transaction History (charged per 30-day period)R50R50R50R50FreeR50
Honouring FeeR145
Default Administration FeeR65
Late Payment FeeR170
Initiation FeeR190
Card Replacement Fee – LocalR170R170R170R170R170R170R170R170
Express Delivery (to branch or face-to-face delivery)R500R500R500R500R500R500R500R500
Face-to-face Card DeliveryFreeFreeFreeFreeFreeFreeFreeFree
Branch DeliveryR180R180R180R180R180R180R180R180
PIN Reset at BranchR12R12R12R12R12R12R12R12
PIN Reset at ATMFreeFreeFreeFreeFreeFreeFreeFree
POS DeclineR9R9R9R9R9R9R9R9
E-Commerce Decline FeeR9R9R9R9R9R9R9R9
International Transaction Fee2.75%2.75%2.75%2.75%2.75%Based on product2.75%
Garage Card Fuel Transaction FeeR25
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

 

2 thoughts on “Standard Bank Credit Card Review 2024”

  1. Dumazile Flora Dlungwane

    I have been working with you more than 10years no problem but my account is closed by these fellow companies can you please let me know if you working today

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