The Standard Bank Platinum credit card is a banking credit card with a monthly service fee of R94.00. To apply for this card, you must earn a minimum of R58,000.00 per month. On the other hand, the maximum credit limit offered by this credit card is R250,000.00. The monthly credit payment is a minimum of 3% of the total amount of the debt each month.

Standard Bank Platinum Credit Card

To learn more about this card, we invite you to continue reading.


Standard Bank Platinum Credit Card benefits.

Standard Bank Platinum credit card holders will enjoy these benefits:

  • More than 30 million merchants around the world accept this card.
  • You can enjoy up to 55 days of interest-free shopping if you pay off your outstanding card debt before the expiration date.
  • You will enjoy basic travel insurance every time you use it to purchase airline tickets. The insurance is R1,000,000.00 and is only available for people under 75 years of age.
  • You will enjoy up to 12 free visits to Bidvest Lounges and unlimited visits to the Connection Hub, Library Lounge, and Standard Bank Café Blue at OR Tambo International Airport.
  • You can purchase wine each month at a discount of 15% to 33% of its price when the total value is higher than R500.00.
  • You will receive a Silver Legacy Lifestyle Membership.
  • You will get up to 35 % discount on Emirates airline tickets when you book through the Leisure Desk with a credit card.
  • Receive 24/7 private banking service with Standard Bank’s Financial Planner program.
  • The accounts come with purchase protection on payments.
  • The minimum monthly payment is 3% of the outstanding balance.
  • Credit limit up to R250,000.00.
  • Secondary cards cost only R16.14.
  • You can collect rewards through UCount Rewards on every purchase.
  • You can get free e-statements, budgeting facilities, and account limit change.
  • You can enjoy Point of Sale purchases.
  • The credit card also has a security program for online and in-store purchases.
  • You will have automatic protection in case your credit card is lost.
  • You can reduce or increase your credit limit whenever you want. Just make the request.
  • You can link your credit card to SnapScan or MasterPass to pay with your cell phone.
  • We don’t associate a monthly fee if you have linked the card with a private bank account.

Standard Bank Platinum Credit Card Fees

Before applying for a Platinum Credit Card, we know that you need to be aware of all the fees associated with each transaction, so here is an updated list of the most important ones:

  • Monthly service fee: R94.00
  • Initial charge: R180.00
  • International transaction fee: 2.50%.
  • Cash deposits at Standard Bank ATM: Free up to R3,000.00. After that R10.00 per R1,000.00
  • Cash deposits at Standard Bank Branch: R18 per R1000.00
  • Cash withdrawals at international ATMs: R20.00 per R1,000.00 + 2.50% transaction fee
  • Cash withdrawals at a Standard Bank ATM: R7.50 per R1,000.00
  • Cash withdrawals at a Standard Bank branch: R20.00 per R1,000.00
  • Fee for transfers between online accounts: R4.00
  • Fee for transfers between branch accounts: R75.00
  • Cash withdrawals at ATMs of other banks: R10.00 per R1,000.00
  • One cash advance on casino chip purchases: R2.00 per R100.00
  • Fee for online account payments: R9.00
  • Branch account payment fee: R75.00
  • Point of sale purchase with cash back fee: R1.40 per R100.00
  • Cash back fee at point of sale only: R1.40 per R100.00
  • Prepaid airtime, SMS, and top-up data fee: R0.50
  • Prepaid electricity top-up fee: R1.50
  • SMS payment confirmation: R1.35

Requirements to apply for the Credit Card

To apply for the Standard Bank Platinum Card, you must meet the following requirements:

  • You must have at least a minimum income of R58,000.00 or more.
  • You must be of legal age, i.e., 18 years old or older, at the time of application.

Once you meet these requirements, you must complete the application online or personally at the bank branch. At that time, you need to have the following documents at hand:

  • Possess a South African ID book or smart card. You must present a valid passport if you are not a South African citizen.
  • You must have a bank statement no older than three months showing income. That applies only to those who are not direct clients of Standard Bank.
  • You must have proof of residency not older than three months at the time of application.
  • Submit the most recent payslip.

After applying, it will take a few days for the bank to respond. The approval of the card will depend on your credit standing, as Standard Bank makes a thorough evaluation.


We aim the Platinum credit card at professionals and people with high monthly incomes who have different needs than average South Africans. Among those who can apply for this card are chartered accountants, actors, doctors or specialists, engineers, lawyers, or advocates.

One of the benefits of this credit card is that it allows you to receive advice from a team of dedicated consultants and financial experts, who will help you manage your money much better. Other exclusive privileges of using this card include travel insurance and rewards programs.

A card is a good option if you want some extra money. The important thing is that you know how to manage it and everything about it so that you can determine whether or not this specific card is right for you.


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