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Standard Bank Titanium Credit Card Review 2023

Standard Bank Titanium Credit Card

The Standard Bank Titanium Credit Card is a credit card available to people over the age of 18 with a credit limit of up to R250,000.00. The credit card’s interest rate is variable, ranging from 10.75% to 21.25%.

To be eligible for the credit card, one must earn R25,000.00 or more. The credit card has a R86.00 monthly service fee. A one-time initiation fee of R180.00 is required to get started with the credit card.

After activating the credit card, it can be used to make local and international purchases and cash withdrawals. Credit cardholders who opt for a 6-month budget plan to pay for in-store or online purchases pay 0% interest on used credit.

Credit card holders, on the other hand, can receive up to 55 days of interest-free credit if the account is paid in full within 55 days of making a purchase or withdrawal. The Credit Card has a monthly minimum repayment of 3% of the credit used.

The Standard Bank Titanium Credit Card comes with travel, lifestyle and insurance benefits. These benefits are detailed below.

Standard Bank Titanium Credit Card Benefits

Travel Benefits

  • When you book Emirates flights through Leisure Desk, you can save up to 20%.
  • Gopals is offering 10% off all hard and softshell luggage.
  • When you use your credit card to book on Booking.com, you can earn up to 5%* cash back
  • When you book a car through Rentalcars.com, you receive a 10% discount.
  • 6 free visits to any Bidvest Premier domestic lounge with your Titanium Credit Card 
  • 6 free visits to any Bidvest Premier domestic lounge with your Titanium Credit Card 

Lifestyle Benefits

  • When you shop online at Wine-of-the-Month Club, you can save 15% off your purchase.
  • Earn UCount Rewards Points whenever you use your credit card, regardless of where you shop.
  • For new users, get 2 months of Lingokids free, and then save 30% on monthly subscriptions.
  • With Udemy, you can save up to 30% on top trending courses and up to 50% on the course of the month.
  • With Gift Experience, you can save 5% off your experience voucher.
  • When you spend more than R4 999 online at Bradlows, Russells, Rochester, or Sleepmasters, you receive a 10% discount.

Insurance Benefits

Standard Bank Titanium Credit Card Fees 2023

Fee DescriptionAmount
Monthly Service Fee R86.00
Once off Initiation Fee R180.00
ATM cash withdrawal feeR2.20 0er R100.00 or part thereof 
Branch withdrawal FeeR80.00 + R2.50 per R100.00 or part thereof 
Withdrawals at other bank’s ATMsR2.2 per R100.00 
International cash withdrawal FeeR3.00 per R100.00 (min R70.00) or part thereof + int transaction fee
Cash deposit at Standard Bank ATMs R1.20 per R100.00 or part thereof 
Notes cash deposit at branchR80.00 + R2.50 per R100.00 or part thereof 
Coins cash deposit at branch R80.00 + R10.00 per R100.00 & part thereof 
Notes and coin deposit at branchR80.00 + R2.50 per R100.00 + R10 per R100.00 & part thereof 
Online inter account transfers R4.00
Branch inter account transfers R87.00
Online account payments R9.00
Branch account paymentsR87.00
POS purchases Free

Competitive Advantages of the Standard bank Titanium credit card 

  • If you are a professional or have a post-graduate degree, it is easy to qualify for the Titanium credit card. 
  • You can link your card to SnapScan or MasterPass apps to pay by phone. 
  • The Titanium credit card comes with 3D secure verification for safe online shopping. 
  • You can change your credit limit on request. . 
  • You can take advantage of good interest rates by keeping a healthy credit rating. 
  • Comes with basic travel insurance when you use your card to purchase flight tickets. 
  • Can enjoy up to a maximum of R250,000.00 in credit, giving you high financial leverage. 
  • You get numerous discounts on travel, lifestyle and insurance. 

Competitive disadvantages of the Standard bank Titanium Credit Card 

  • As a professional credit card, the Titanium credit card doesn’t have a dedicated private banker to assist you but you have access to help on online platforms or phone. 
  • You are charged for using your card for almost everything except for POS purchases and ATM balance enquiry. 
  • The account has a high international transaction fee of 2.75%. 

Requirements

  1. Must earn at least R25,000.00 per month or hold a tertiary degree. 
  2. Have a South African ID book or copy or passport if you are not a South African citizen. 
  3. A recent 3 months bank statement reflecting your income. There is no need to have a 3 months bank statement if you bank with Standard Bank. 
  4. Proof of residence not older than 3 months. 
  5. Recent 3 months payslips. 

Conclusion 

For various activities that one undertakes with his or her Titanium credit card, the Standard Bank Titanium credit card gives substantial reductions and even greater priority on billing fees. Although the Titanium credit card is aimed at professionals, it does not have the usual perks associated with such a card.

The discount ranges on the Titanium credit card, on the other hand, are extraordinary and, in certain circumstances, over board, so Titanium credit card users get some money back on their purchases.

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