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Woolworths Credit Cards – Woolworths has proved to be a boon for shopaholics in South Africa. Woolworths already offered a unique online shopping experience to its clientele but has gone ahead with another new scheme. Woolworths has now introduced credit cards for its loyal users and introduced three tiers in credit cards.

The first tier or level of credit cards is the basic Silver credit card that offers 1% cash back on all Woolworths purchases. To qualify for this credit card, you must be of legal age and earn at least R2,000 up to R9,999 per month.

The Gold credit card is next in line that returns up to 2% on all purchases from Woolworths. This is also a Visa card and is accepted at thousands of merchants at local and international destinations. To fall in this tier, individuals must earn around R10,000 to R41,666 on a monthly basis.
The last but not the least luxury card on offer is the Black credit card. The look of this card exudes persona and confidence for it belongs in the pockets of a few well-rounded individuals. To apply for this card, applicants must earn upwards of R41,666 a month and will receive 3% back on any purchases made through Woolworths.

Discovery Credit Cards have 4 different credit cards available for their clients. One of the common features of all 4 is that they offer the opportunity to save and save big on all sorts of purchases.

For example, Discovery has many retail and travel partners who offer various discounts for Discovery’s credit card consumers. Some of the retail partners include the infamous ToysRUs, the Apple store in South Africa and restaurants such as Nandos, etc.

Travel partners include Contiki, Royal Caribbean and World Leisure Holidays. All business partners offer benefits and opportunities to earn cash back when you shop with them using your Discover credit cards. Similarly, users also earn points that are valid for rewards for years after their purchase. Different cards have different validity.

A Smart Shopper card is also available for customers who would like to save on a daily basis on their groceries and other necessities.

Clicks credit cards are powered by Visa and are accepted at thousands of domestic and international locations. Clicks credit cards come with additional security that is difficult to bypass by thieves and fraudsters and includes a safety chip plus the requirement to enter a 4 digit secret PIN code. Both measures ensure that nobody but the registered user can use the card to make purchases.

When you use your Clicks Visa credit card, you are also entitled to various cash back offers. For new customers who spend R1,000 within the first 30 days of receipt of card, they will receive R150 back as a token of appreciation by the company. Similarly, if customers spend up to R7,000 a month for a year via the credit card, they are entitled to receive almost R1,700 in cash back.

As an added incentive, customers also have 55 days of no interest charges. This means that customers will have to pay zero additional charges provided they clear their balances before the 56th day of the billing cycle.

Virgin Money Credit Cards – Virgin Money offers the famous MasterCard credit cards for its esteemed South African clients. The Virgin Money MasterCard is accepted not only just throughout the country, but also across international destinations. This comes in handy when you are travelling for work or pleasure.
To use your credit card, you can simply swipe it at a retail location. Otherwise you can also use it to withdraw cash from the ATM like a normal debit card.

To pay the dues on your Virgin Money credit card, 3 payment methods can be used. For example, when you have availed some credit on the card and need to pay the company back, you can wire the money to the bank, or you can deposit cash or cheques. You can also initiate a debit order at your bank so that bills are automatically paid on a monthly basis.
Additionally if you apply for the card before June 30th, 2012, you qualify to enter into a lucky draw to win an all-expense paid trip to Mombasa with your significant other!

Blue Bean Credit Cards: One of the most unique and innovative feature of Blue Bean credit cards is the fact that they allow you to print virtually any picture on your credit card.

If you cherish your family a lot and would like to have a constant picture reminder in your wallet, put a picture of your family on your credit card. On a funnier note, if you would like to extend credit card privileges to your wife or daughter, be sure to have a stern picture of you printed on the card so they can try to limit their shopping budget!

There are 4 types of credit card offered by Blue Bean and are known as the Classic card, Silver card, Gold card and the Platinum card. They all differ on credit limits and payment tenures amongst other things. To apply, all you need is to be of legal age, a South African citizen and earning at least R4,000 per month to avail Blue Bean’s most popular unsecured lending.

The use of credit cards is bashed by almost all financial advisors because a typical credit card charges a very high interest rate in case payments are not made by the due dates. This is true since APRs on credit cards can go up to 20% which is prohibitively expensive. But then again, advisors say that the key to maintaining an excellent credit score is credit card debt. So, what gives? Are they confused?

Certainly not. The key is to use the credit card but avoid paying interest on it by repaying the company by the due date. This will ensure that no extra charges are levied and that the credit agencies have ample evidence to conclude that you can take a loan on the credit card and pay it back. This demonstrates your commitment to repay and maintain your credit score.

Hence, discipline is key in these matters. It is also beneficial if you stick to not more than two credit cards and have them set up on direct deposits with your current accounts.

Here are a couple of benefits and features of Clicks Credit Card Unlike a Clicks Clubcard which is exclusively used at Clicks when paying for purchases, the Clicks Clubcard Credit Card lets you earn ClubCard Points everywhere you shop and Double Points when you shop at Clicks.

The VISA card is accepted in 24 million merchants worldwide and it can also be used to pay for bills, meals and purchases, just like any credit card. Every transaction can earn the cardholder a Cash-back Reward. The Clicks Clubcard Credit Card also includes the following benefits:

• Free Comprehensive Global Travel Insurance when the card is used to purchase travel tickets.
• Get R150 cash back if you spend R1000 using the credit card within 30 days of activation.
• Comes with an auto payment (debit order) to avoid late payment penalties.
• Safe to use with its built-in microchip and PIN security
• Automatic membership to the Clicks ClubCard Programme
• Lost Card Protection – this means that cardholder will not be held liable for any fraudulent transaction in case the card is reported lost or stolen.

Clicks Clubcard Credit Card Information

Clicks Clubcard Credit Card Fees

*This fee is subject to exchange rate fluctuations. It may also be reviewed quarterly. Some international ATMs do charge an additional surcharge.

** Terms and Conditions apply

Disclaimer

Please note that the rates quoted above are current from printing and to be used as a guideline only. These rates are subject to change. Please note that Terms and Conditions apply.