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Standard Bank’s Blue credit card is a simple card that adapts to the user’s needs and is defined according to the user’s credit profile. Its monthly service fee is only R40.00. Its maximum credit limit is R250,000.00, but the initial credit will depend on the income level of the person applying and can be increased according to its management and administration of it.

Standard Bank Blue Credit Card

The minimum monthly income required to apply for this card is R7,500.00. To learn more about benefits and features we recommend you read on.

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Highlights and advantages of the Standard Bank Blue credit card

Here are some of the most outstanding features and benefits of this Standard Bank credit card:

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  • The Maximum Credit Limit is R250,000.00, a good amount for a credit card that asks for a not-so-high minimum income.
  • The card has a protection program in case of loss or theft, but this is a fee.
  • The application process for this card is simple. You just have met the requirements and have the documentation on hand.
  • It is a Chip and PIN-enabled MasterCard credit card.
  • You can swipe it at many points of sale and ATMs around the world.
  • You can link the card to applications such as Snapscan or Masterpass to pay by phone.
  • You can view your card transactions, payments, and fees from online banking, ATMs, or your cell phone.
  • You can deactivate or activate the ATM or online card functions from the mobile app whenever you prefer.
  • You can change your credit limit through an application, whether you want to increase or decrease it.
  • You can use the Blue credit card anywhere in the world.
  • It has travel insurance of up to R1,000,000.00 when you purchase airline tickets with your Blue Credit card. Travel insurance is only available to cardholders under 75 years of age.
  • Enjoy UCount Rewards every time you use your credit card for online or in-store purchases.
  • You can withdraw cash with the card at Standard Bank and other banks’ ATMs.
  • Lost card protection does not cover transactions where your PIN was used.
  • The credit card offers the peace of mind of secure in-store purchases with credit card chips and pins.
  • The credit card includes 3D Secure verification with a unique PIN every time you shop online, making your shopping experience more secure.
  • The interest rates of the credit card will depend on your credit profile, as long as you pay the debt on time, the interest rates will be lower.
  • The monthly maintenance fee on this card is the lowest of any of Standard Bank‘s credit cards and even lower than other credit cards from other banks.
  • Enjoy 55 days of interest-free credit if you pay your amount each month.
  • You can use the Blue credit card to save money and earn interest by maintaining a positive balance.

Standard Bank Blue Credit Card Fees

The rates and fees shown below are the current rates and fees for the Blue Credit Card. However, these rates may change over time.

  • The interest rate is 14%.
  • The one-off initiation fee of R180.00 is one-off. This initiation fee is payable with each Blue Credit Card applied.
  • The monthly fee is R40.00.
  • The monthly payment is 3% of the total debt each month.
  • The International Transaction Fee is 2.75%.
  • Cash Deposits at a Standard Bank ATM are free up to R3000.00. Then, the fee is R10.00 per R1000.00.
  • Cash Deposits at Standard Bank Branch are R18.00 per R1000.00.
  • Cash withdrawals at international ATMs are R20.00 per R1000.00 + 2.75% international transaction fee.
  • Cash withdrawals at a Standard Bank ATM are R7.50 per R1000.00.
  • Cash withdrawals at a Standard Bank branch are R20.00 per R1000.00.
  • Transfers between online accounts are R4.00.
  • Transfers between branches are R75.00.
  • Cash withdrawals at other banks’ ATMs are R10.00 per R1000.00.
  • Online account payments are R9.00.
  • Branch account payments are R75.00.
  • Point of sale purchases with cashback is R1.40 per R100.00.
  • Cashback only at the point of sale is R1.40 per R100.00.
  • A card replacement fee is R145.00.
  • The branch balance inquiry is R11.00.

Requirements to get the Blue Credit Card

In order to apply for the Standard Bank Blue Credit Card, you must meet the following requirements and have the requested documentation at hand:

  • Monthly income of R7,500.00 or more.
  • You must be of legal age at the time of application, 18 years old or older.
  • Present your South African ID book or smart card. If you are not a South African citizen, you can apply for the card by presenting your passport.
  • Present proof of residence not older than three months at the time of application.
  • Possess a recent pay slip.
  • Proof of bank statements for the last three months showing that you meet the minimum income requirement

Conclusion

After all that we have seen, it is clear that the Standard Bank Blue credit card is an ideal card for those who do not make many transactions per month but want to have extra income in case they need it.

There are many attractive benefits that this card offers that set it apart from the rest. For example, the fact that credit limit can vary according to what each user requires as long as it is within the allowed limit.

In addition, for travelers, this card provides discounts, offers, and refunds on purchases at international points of sale as part of a rewards system and travel insurance of more than R1,000,000.00 if you buy the ticket with the Blue credit card. If you meet the requirements and like the benefits it offers, do not hesitate to apply.

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