Absa Rewards Credit Card

Absa Rewards Credit Card 2022, Get Rewards For Using Your Card

In our guide today, we will look at the Absa rewards credit card in South Africa.

When you use your Absa rewards credit card at any of Absa’s partners, you accumulate rewards.

The rewards are an easy way to gift loyal Absa customers who shop at the partner merchants.

We will show you exactly how the card works.

Absa Rewards Credit Card

The percentage of cash rewards you earn from all the qualifying transactions depends on your rewards tier.

Tier 1 includes a rewards score range of 0 to 499, and from 500 points, you enter tier 2.

An additional 100 points will get you to tier 3, and when you accumulate another 100 points to reach 700, you automatically move to tier 4.

Tier 5 is the highest-ranking ti and consists of a rewards score of 800 and above.

Interest on credit card vary with the tiers with tier 1 earning 0.2%, tier 2 0.4%, 0.75% for tier 3, 1.0% for tier 4 and 1.25% for tier 5.

This is how the Absa rewards credit card works in South Africa.

How To Access Absa Rewards

Cash rewards are paid into your credit card account, where you can redeem or spend whenever you wish.

You are advised to register for Absa online banking or install the mobile app on your cellphone to redeem and easily keep track of your rewards.

There are several channels that you can access your cash rewards. These include:

  • Absa mobile banking app
  • Absa online banking
  • WhatsApp bank
  • USSD banking by dialing *120*2272#
  • Self-service by dialing 0861 788 888 and selecting option 1
  • Absa ATM

This is how you access the Absa rewards credit card in South Africa.

What To Redeem Rewards Card

You can redeem the cash into your transactional account.

You can also save the funds to an Absa unit trust or TruSave account, which will take up to for business days to reflect in your account.

You can redeem a minimum of R200 per redemption into an Absa unit trust account. This means that any cashless than R200 will not be viable to redeem to a unit trust account.

The standard Absa rewards and unit trust terms and conditions will apply for the transactions.

You can also redeem your cash rewards for prepaid airtime vouchers from Telkom Mobile, Telkom, Cell C, Neotel, Virgin Mobile, Vodacom, or MTN.

You can also get shopping vouchers or donate to the supported charity foundations.

These are some of the things you can redeem with your Absa rewards credit card in South Africa.

Read the recommended articles below:

Money Market, MasterPass, Credit Life, Building Loan, Budget Facility, Car Finance, Credit Card Interest, Home Loan, Payment Relief, Nu Metro Rewards, Cardless Withdrawal, DStv Payment, Cash Back Rewards, Life Insurance, Budget On Credit Card, Absa Insurance Work, Unit Trust, Absa Loans Work, Investment, Payment Holiday, AVAF Account, Attorneys Trust Account, Property Insurance, Overdraft Insurance, Transact Credit Card, Home Loan, Replacement Credit Card, Online Credit Card, Prepaid Credit Card, Renew Card, Internet Banking Card, Woolworths Card, Premium Card, Private Credit Card, Corporate Credit Card, Absa Cards, British Airways.

This simple and easy Banking and Finance Article Was Last Updated on 16th March 2022 by thetransfercode

Please you must visit this article “https://thetransfercode.com/absa-rewards-credit-card/” for updates and any possible changes that we may make to this guide. In this month of June 2022, we have a lot of guides on banking and finance for you on this website. Read more.

The year 2021 was awesome. In 2022, we are actually bringing you the very best of banking and money transfer experience. Just stay tuned for more How-To articles. You can come back for more banking and financial guides.

For the year 2022, we have a great deal of banking and financial guides that will help you make money transfers and other bank transactions very fast. It doesn’t matter where you are.

Here is the list of our latest articles, check them below:

Leave a Reply

four × five =

This site uses Akismet to reduce spam. Learn how your comment data is processed.