Enjoy Cashback, Low Fees, and an Interest-Free Period for Smart Financial Management.
The Absa Flexi Core Credit Card is an excellent choice for those seeking a flexible and advantageous way to manage their finances.
With a robust set of benefits, including generous cashback, interest-free credit periods, and various protections, this card stands out in the South African market. Offering a transparent and accessible fee structure, the Absa Flexi Core is suitable for both beginners and experienced credit card users.
Additionally, integration with the Absa Banking app provides enhanced control over spending and added security. In this article, we will explore the detailed benefits of the Absa Flexi Core Credit Card, along with information on fees, minimum income requirements, annual fees, credit limits, and how to apply for the card.
Absa Flexi Core Credit Card
The Absa Flexi Core Credit Card is designed to offer flexibility and convenience to its users.
With an affordable monthly fee and up to 57 days of interest-free credit, this card becomes an effective financial tool for managing expenses.
Additionally, the cashback program allows users to recover a portion of their spending, making the card even more attractive.
Benefits and Advantages of the Absa Flexi Core Credit Card
- Generous Cashback: Earn up to 30% cashback on purchases at partner stores such as Food Lover’s Market, Pick n Pay, and Woolworths.
- Interest-Free Credit Period: Enjoy up to 57 days of interest-free credit on qualifying purchases, allowing better personal finance management.
- Insurance and Protections: The card includes basic travel insurance of up to 90 days and loss and theft protection, providing additional security to users.
- Low Fees: With a monthly account fee of R14 and a credit facility fee of R30, the Absa Flexi Core is an affordable option for most users.
- Contactless Payment Technology: Convenient use with contactless payment functionality, ideal for quick and secure transactions.
- Rewards Program: Participate in the Absa rewards program, offering up to 50% discounts at partner stores and challenges that reward points.
- Payment Protection: Option to enroll in a credit protection plan covering the card debt in case of death, severe illness, or permanent disability.
Fees and Charges
The Absa Flexi Core Credit Card features a clear and accessible fee structure:
- Monthly Account Fee: R14,00 Monthly Credit Facility Fee: R30,00
- Secondary Card Per Month: R16,50 per card
- Optional Credit Protection Plan: Max 0.41% of monthly premium
- Cash Deposit at Absa ATM: R2,50 per R100,00
- Cash Withdrawal at Absa ATM: R80,00 + R2,50 per R100,00
- Overseas ATM Withdrawal Fee: R80,00
- Credit Card Purchases: Free
- Online Account Payments: R10,00
- Absa ATM Account Payments: R10,00
- Interbank Payments: R11,50
Minimum Income
To qualify for the Absa Flexi Core Credit Card, a minimum monthly income of R2,000 is required. This requirement makes the card accessible to a wide range of users, including those starting their financial journey.
Annual Fee
The Absa Flexi Core Credit Card does not impose a specific annual fee. Instead, it has a manageable fee structure that includes a monthly account fee of R14 and a credit facility fee of R30.
This design ensures that users can benefit from the card’s features without significant financial strain. The monthly account fee covers the cost of maintaining the card and accessing various benefits, while the credit facility fee allows for the availability of credit. Together, these fees total R44 per month, making it an affordable option for many consumers.
By spreading the cost across monthly payments rather than a lump sum annual fee, the Absa Flexi Core Credit Card helps users manage their finances more effectively and maintain a balanced budget throughout the year.
Credit Limit
The Absa Flexi Core Credit Card offers a credit limit of up to R90,000, depending on the applicant’s credit analysis and income. This high limit provides flexibility to meet various financial needs, from daily purchases to larger expenses.
How to Apply for the Absa Flexi Core Credit Card
Step-by-Step Application Process:
- Visit the Absa Website: Go to the official Absa website and navigate to the Flexi Core Credit Card page.
- Click on “Apply Now”: On the card page, click the “Apply Now” button to start the application process.
- Complete the Application Form: Enter your personal details, including name, contact information, and financial details.
- Submit Required Documentation:
Upload the necessary documents, such as:
- Proof of South African citizenship or residency.
- Recent proof of address.
- Latest income statements for three consecutive months.
5. Review and Submit: Carefully review all provided information and submitted documents before finalizing your application.
Contact Absa Flexi Core
For assistance or more information about the Absa Flexi Core Credit Card, you can contact customer support through the following channels:
Phone: 0861 462 273
The Absa Flexi Core Credit Card is a robust and flexible financial solution suitable for various user profiles.
With affordable fees, significant benefits, and a transparent fee structure, this card stands out as an excellent choice in the South African market.
