The Standard Bank Titanium credit card offers a balance between life and pleasure. The credit card comes with a stack of lifestyle rewards, discounts and insurance benefits that suits professionals.
With the Titanium credit card, you get to enjoy travel benefits, such as discounts from Avis, Hertz and Leisure Desk. Furthermore, you get to shop with a high level of security whether you are shopping online or in-store. The Titanium credit card comes with a 3D secure verification and it is chip and pin enabled.
Titanium credit card is a credit card that is suitable for professionals and postgraduates. To qualify for the Titanium credit card, you need to earn R25,000.00 per month or more or earn over R5000.00 per month if you hold a 3-year undergraduate and a postgraduate degree. The Titanium credit card comes with a 55 days interest-free grace period and requires a cardholder to repay at least 3% of the outstanding balance every month.
Interest on the Titanium credit card is personalised and ranges between the prime rate and repo rate + 14%. High-risk clients tend to be charged more interest, therefore, having a healthy credit rating is advisable to reduce interest to that which will be payable on your Titanium credit card.
The maximum credit that one can qualify for is R250,000.00. The Titanium credit card comes with a monthly service fee of R74.00 and an initiation fee of R180.00. Credit is subject to affordability, therefore, any credit that you are awarded will depend on whether or not you will be able to repay without any personal financial burden.
|1||Monthly service fee||R74.00|
|2||ATM deposits fee||Free up to R3000.00, thereafter R10.00 per R1000.00|
|3||Branch deposits fee||R18.00 per R1000.00|
|4||ATM cash withdrawals fee||R7.50 per R1000.00|
|5||Branch cash withdrawals fee||R20.00 per R1000.00|
|6||Cash withdrawals at other banks ATM||R10.00 per R1000.00|
|7||International ATM cash withdrawal fee||R20.00 per R1000.00 plus 2.7% international transaction fee|
|8||Cash Advance on casino chips purchases fee||R2.00 per R100. Max R70|
|9||Online inter-account transfers||R4.00|
|10||Branch inter-account transfers||R75.00|
|11||Online account payments||R9.00|
|12||Branch account payments||R75.00|
|13||Point of sale purchase cashback fee||R1.40 per R100.00|
|14||Point of sale cashback only fee||R1.40 per R100.00|
|15||Purchase only: Point of Sale||Free|
The Standard Bank Titanium credit card offers great discounts and yet more priority on billing fees for different activities that one performs with his or her Titanium credit card. As much as the Titanium credit card is meant for professionals, it doesn’t offer them freebies as you would expect from a professional credit card.
However, the discount ranges on the Titanium credit card are exceptional and in some cases above board, therefore, Titanium credit card users get some of their money back from the purchases they make.