Discover the Process for Applying to the Standard Bank Blue Credit Card
The Blue card from Standard Bank is a straightforward option, yet it boasts a remarkably flexible limit of up to R250,000, providing an excellent cost-to-value ratio.
Essential Insights Before You Apply for the Standard Bank Blue Credit Card
The Standard Bank Blue represents one of the premier credit card options offered by the South African bank, carrying the Mastercard logo and providing a credit limit of up to R250,000 for global usage.
Recognized as a leading financial institution in South Africa, Standard Bank also extends its services across more than 38 countries, with its headquarters located in Johannesburg, catering to both businesses and individuals.
The credit card offerings from Standard Bank provide various spending solutions, with the Blue Card featuring a flexible credit limit of up to R250,000, ideal for diverse financial needs.
The fees are quite affordable, with an initiation cost of R190 and a monthly charge of R40, totaling R480 for the year.
This card offers up to 55 days of interest-free credit if the balance is settled fully, alongside a minimum monthly payment of 3% and the option for automatic payments.
The Blue Card is straightforward, lacking any additional loyalty perks or rewards with this selection.
Payments can be made using the Mastercard equipped with chip and PIN technology, plus 3D Secure verification for enhanced online transaction safety.
You can also link your card to the SnapScan and Masterpass apps for easy management through the app.
Eligibility Criteria for Applicants
Standard Bank has clear guidelines for determining eligible cardholders.
To start, you need to be at least 18 years old. The applicant must either be a South African citizen or a foreigner holding a passport and visa with residency status.
The primary requirement for obtaining the card is a minimum monthly income of R5,000, which must be verified with documentation. Here’s what you need to gather:
- Identity document copy
- Passport and visa copy
- Recent payslip
- Last 3 months of bank statements
- Proof of residence dated within 3 months
All applications undergo credit checks in accordance with the Financial Intelligence Center Act.
How to Apply for the Standard Bank Blue Credit Card
Standard Bank provides various channels for submitting customer applications, with procedures differing based on account ownership.
If you hold a Standard Bank account, you can conveniently apply through their online banking services.
Once logged in, navigate to the top menu, select the “borrow” option, and input your details to check your eligibility for the Blue card.
If you are not a Standard Bank customer, the application process is different. You’ll need to fill out a call-me-back form.
To complete the form, provide your full name, South African ID number, contact number, monthly income, and a breakdown of your expenses.
As indicated by the form’s title, once you submit your information, a bank representative will reach out to assist you.
Current bank customers can also apply by dialing *120*2345# and choosing option 3, making the process straightforward via phone.
Additional Information
A key advantage of the Standard Bank Blue is earning up to 3x more points through UCount Rewards, their rewards program.
Joining UCount Rewards costs R25 each month and provides additional cashback on purchases, like up to 20% at beauty stores and fuel stations.
The card offers remarkable flexibility in choosing your credit limit; you can start with a lower limit and increase it over time.
Interested in exploring another option?
The Woolworths Gold credit card is a great choice for spending beyond the store, offering 0.75% cashback on all purchases.
This card also provides Visa benefits for everyday use, and you can discover how to apply.
