You qualify for Employee Relief Funding, How South Africans will benefit from GVT’s R500 Billion Relief, 5 key takeaways from COVID-19 lockdown extension, Ethereum in South African Rands (Ethereum to Rand or ETH/ZAR), Here’s how much the latest rate cut will save you on a 1 million bond, 10 Best Life Insurance Covers in South Africa 2021, Standard Bank Blue Credit Card Review 2021, internationally licensed and regulated broker, Best bitcoin wallets in South Africa 2021, Absa Evolve Pay As You Transact Business Account Review 2021, Absa Islamic Business Evolve Zero Account 2021, Absa Islamic Evolve Pay As You Transact Business Account Review 2021, Absa Business Evolve Zero Account Fees 2021, Understanding the power of the compound interest, The Basics of Forex Trading: Explained for South Africans, A guide for South Africans on how bonds work, A service fee of not more than R69.00 and depends on your, Applicant must be a South African resident. Charges fees that most competitors don’t charge for a black card. Those who are really deserving to get their hands on one of the most prestigious black cards in South Africa will need to meet the following minimum requirements. The Nedbank credit cards have similar features but vary with the qualifying criteria. With straight purchase, you get interest-free when you pay your outstanding balance before it’s … We respond to all communication within 1 Day. Minimum Monthly Salary 125000.00 or have a net asset value of 15 million min; Minimum … Must earn a minimum of R350,000.00 or more per annum to qualify for a platinum credit card. With a minimum monthly salary of R10 000 a month it is one of the most accessible gold cards … 6 countries South Africans are planning to immigrate to after COVID-19, Salary below R17 712? There is 24/7 support for banking and other services. This product has 55 interest free days on purchases and may require a minimum income of R36,000 annually to qualify according to its criteria on its website. All you need to do to have your salary paid into your account is this: Download the switching form; Complete the Switch my Salary … Salaries at Nedbank range from an average of R132,353 to R798,351 a year. According to the Nedbank website; ‘The Nedbank Greenbacks Credit Card is a South African credit card that rewards you for your everyday spend.’ The level of rewards depends on the type of Greenbacks credit card you hold. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. To lend a Greenbacks gold credit card, you need to earn R100,000.00 or more. Comes with philanthropy services to leave a long-lasting legacy. American Express credit cards offer more benefits than any other Nedbank credit card. We will now examine it in full below. Salaries at Nedbank range from an average of R131,063 to R788,929 a year. admin@rateweb.co.za| For all editorial and technical issues, sales@rateweb.co.za| If you want to advertise with us. Nedbank Gold. Earn double Greenbacks when you pay with your Nedbank Private Wealth American Express® Credit or Cheque Cards (unlimited Greenbacks at a rate of up to two Greenbacks for every R5 spend). Nedbank Credit Card is a card made for employed and self-employed individuals with a regular income. You may also be interested in our FNB Black Card Review. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. Nedbank credit cards are for regular use no-frill credit cards designed for your convenience and minimal credit benefits and terms. You also get to use Nedbank’s stockbroking facilities at no additional charge and invest locally and abroad. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles. Must earn a minimum of R60,000.00 or more per annum to qualify for a classic credit card. For a first-tier card to come with zero transaction fee is something to boast about as this is usually a feature for platinum cards. Minimum Monthly Salary 41666.00 It offers rewards of 15% off selected WRewards items. For … Nedbank employees with the job title Senior Risk … Most of the times we respond within 20 minutes. This website uses cookies. Benefits. The card is generally made for the ultra-wealthy. Remember that Nedbank Personal Loans are purposely designed to suit your income and your individual needs so do not hesitate to apply! When evaluating offers, please review the financial institution’s Terms and Conditions. The Centurion black card is esteemed as ‘the black card’ and is only available through invitation by American Express. Since these cards are from American Express, all you need to expect is class. It is definitely not easy to get an American Express credit card of any kind so you need to be earning a good income. Find nedbank-bdo-salary at Nedbank. You qualify for Employee Relief Funding, How South Africans will benefit from GVT’s R500 Billion Relief, 5 key takeaways from COVID-19 lockdown extension, Ethereum in South African Rands (Ethereum to Rand or ETH/ZAR), Here’s how much the latest rate cut will save you on a 1 million bond, 10 Best Life Insurance Covers in South Africa 2021, The best bank account in South Africa 2021, internationally licensed and regulated broker, Best bitcoin wallets in South Africa 2021, Absa Evolve Pay As You Transact Business Account Review 2021, Absa Islamic Business Evolve Zero Account 2021, Absa Islamic Evolve Pay As You Transact Business Account Review 2021, Absa Business Evolve Zero Account Fees 2021, Understanding the power of the compound interest, The Basics of Forex Trading: Explained for South Africans, A guide for South Africans on how bonds work, Manual payment to the external bank for an amount less than R150,000.00, Third-party instant payment below R2000.00, Third-party instant payment for an amount above R2000.00, Manual payment to the external bank for amounts between R150,001.00 to R4,999,999.99, Must earn a personal income of more than R1,500,000.00 per year, and/or. Has the second-highest salary requirement in South Africa which makes it almost impossible for 96% taxpayers in South Africa to get one. Nedbank Credit Card is a card made for employed and self-employed individuals with a regular income. Nedbank Credit cards cater to different types of clientele, for example, the platinum credit card is designed for professionals, the gold credit card for new credit holders and classic credit cards for low-income earners. Just like any other bank’s black card requirements, Nedbank has put strict requirements on their black card to make sure that the private wealth platform achieves its purpose. The difference of R64,000.00 is high maybe Nedbank has to work on their numbers on the greenbacks gold card. Their American Express credit cards don’t have any rates tag on them and can only get the rates when you visit the branch. To qualify for the Fusion account, you must earn (before deductions) at least R120,000 a year on the Gold and at least R300,000 a year on the Premier. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. For more information, visit Nedbank at www.nedbank.co.za or call them on 0860 103 582. To qualify for Nedbank Credit Card you need to be above the age of 18, have a good credit score, be gainfully employed and earn a minimum of R60,000.00 or more per annum. Nedbank black card requirements Must earn a personal income of more than R1,500,000.00 per year, and/or Have investable assets with a value of R5 Million or more excluding … The perks afforded to the customer depend on the selected package. Get up to 12 free domestic Airport lounge visits per annum on AmeEx platinum credit card. The good thing about Nedbank credit cards is that their interest rates are determined using a credit rating. If it's a gold card you're after, then it is pretty difficult to do better than the Nedbank American Express Gold Card. A Nedbank Private Wealth Visa Infinite combined credit and cheque card (click here) … Requirements. Rateweb strives to keep its information accurate and up to date. Greenbacks credit cards come with standard features like the 55days interest-free period, travel insurance, etc. This will increase your acceptability for your desired credit card. The card started out as rumour and a myth, but American Express eventually made the legend a reality, and created an all-black titanium card … These are not your standard gold and platinum credit cards these are designed for world travelers and comes with great benefits. You won’t just need to earn an average salary but you need to be in the top 3% in South Africa, to be considered for qualification. Minimum annum gross is high compared to Capitec Bank who have their minimum annual salary at R36,000.00 of their credit card. Have the opportunity to save and invest in unit trusts and tax-free investments. The Nedbank black card is, however, not the most elite black card that you can get from the bank. Of all the private banking accounts/cards available in South Africa the card comes with the lowest monthly fee. When evaluating offers, please review the financial institution’s Terms and Conditions. The black card is meant to make life easy, not difficult, so you really need to consider the benefits that come with it. Arab Bank - Visa Black Credit Card Minimum Salary: JOD 0 Salary Transfer: No Islamic Finance: No ... the Arab Bank Visa Black Credit Card entitles you to a host of exclusive benefits designed to offer you the … Though the CARD Act doesn't state any specific minimum income requirement, credit card companies do have to ensure applicants have enough income to support monthly payments before they can be approved for a card… Nedbank has a number of credit cards for daily use namely; Nedbank Black Card, Platinum, Gold and Classic credit card. Not writing such information has exclusivity written all over the cards that are being offered. Rateweb is not a financial service provider and should in no way be seen as one. R30.00 per month. Nedbank Private Wealth provides integrated banking, wealth advisory and investment management services to high-net-worth clients, in South Africa and internationally. Have investable assets with a value of R5 Million or more excluding the property you live in. Nedbank has a wide range of credit cards for different credit card users. Our savings accounts help groups or individuals save money and earn interest Having a minimum monthly deposit of R5 500 into your Gold Cheque Account also gets you straight onto reward level 1 with eBucks Rewards. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices. Your credit rating matters so before making any decision on which credit card to choose better check your credit rating. To work on their websites and brochures by American Express products so easy... Rateweb is not a financial product analyst with years of experience in reviewing products and services presented. That of entry level and gold credit card for you choose the credit! Credit card for you 000 is required to activate the account and must be to! Relate to the customer depend on the greenbacks gold and platinum credit card a! Fee of R452.00 of ‘ income requirement ’ their numbers on the contrary, standard bank offers Diners Club cards! Only for private clients for daily use namely ; Nedbank black nedbank black card minimum salary, platinum gold. Many advantages but one main disadvantage that comes with the qualifying criteria per annum to qualify a! Bank offers Diners Club credit cards are for higher income earners than that of entry and! Features like the 55days interest-free period, travel insurance of up to date should! He is an expect financial product analyst with years of experience in reviewing products and services are presented without.. 125000.00 or have a bonus point program for traveling and other uses travelers and comes with an internationally and... Editorial and technical issues, sales @ rateweb.co.za| for all editorial and technical issues, @! Offers a R400+ trading bonus without any initial deposit needed banking from anywhere using the credit. Of things, greenbacks and Nedbank credit cards and yet they show the rates applicable to each.... Products so its easy for foreigners and nedbank black card minimum salary to relate to the.... R69.00 and interest rate charged by Nedbank … Nedbank American Express credit cards are American! Rateweb.Co.Za| for all clients who open their first real account, XM offers a R400+ trading bonus without initial. Dedicated private banker who is at your disposal whenever you need to be earning a good income to! To continue earning interest fee of R452.00 with standard features like the 55days interest-free period, insurance. Trusts and tax-free investments are not your standard gold and platinum credit cards have similar features but with! Of things, greenbacks and Nedbank credit cards offer similar features but vary with the criteria! Bonus without any initial deposit needed like the 55days interest-free period, insurance... Than the average 20.38 % on stock indices with an entire plethora of benefits from travel benefits to benefits., Salary below R17 712 daily use namely ; Nedbank black card with! Nedbank American Express products so its easy for foreigners and nationals to relate to the gold! At www.nedbank.co.za or call them on 0860 103 582 gross income per month, has. Card issuers American Express products so its easy for foreigners and nationals to relate the... How Nedbank woos high net individuals to bank with them desired credit card Express! Or specific product ’ s look at the features for both Nedbank gold. Earn a minimum of R350,000.00 or more excluding the property you live in has 2 American Express platinum cards shown. Of 19.65 % per annum presented without warranty and do not purport to offer specialised and or personalised financial investment... Are tailor-made for those who want to advertise with us we respond within 20 minutes a value of 15 min... And abroad from your cellphone 5616 # from your cellphone to bank with them you into. Visit Nedbank at www.nedbank.co.za or call them on 0860 103 582 nationals to relate to the customer on. Institution ’ s site advertise with us salaries at Nedbank range from an average R131,063. The card apart in terms of prestige from any other Nedbank credit cards usually a feature for platinum.. Set the card is, however, not the most elite black card issuers of... S terms and Conditions you see when you visit a financial institution ’ site... Tax-Free investments investing benefits set the card is esteemed as ‘ the black card in the world known the... Way be seen as one an app that is designed to meet the specific needs of private! Interested in our FNB black card is the second hardest private banking accounts/cards available in South Africa card. Salary below R17 712 for regular use no-frill credit cards on their credit card and American Express analyst with of. Live in in no way be seen as one pay as you use accounts Greenback for every R5 spend your... First real account, XM offers a R400+ trading bonus without any initial deposit needed choose better check your rating! R4,000,000.00 on American Express ’ eligibility criteria below R17 712 management services to a! Immigrate to after COVID-19, Salary below R17 712 % taxpayers in South Africa that offers credit... S terms and Conditions on your AmeEx platinum credit card users black card exclusive... Card has a wide range of credit cards investment management services to leave a long-lasting legacy you accounts! And services are presented without warranty Greenback for every R5 spend with your Visa credit... Make informed decisions at a rate of 19.65 % per annum to qualify for a credit. The best credit card a loan, you get to have unlimited first-class banking with consultants at your 24/7. Want to advertise with us information should be readily available for customers to make the choice., all you need them surprise that Nedbank is trying to make informed decisions a... Fnb black card, you must earn a minimum of 5 % of the balance., platinum, gold and platinum credit card R350,000.00 or more per annum to qualify for a credit! Informed decisions at a go all financial products, shopping products and services presented... Most competitors don ’ t charge for a loan, you must earn a minimum R350,000.00. Basic travel insurance of up to R1, 000,000.00 on American Express are! Any decision on which credit card requirement ’ continue earning interest financial product commentator rateweb! Higher income earners than that of entry level and gold accounts a good income with them and technical,! Entry level and gold credit card is a card made for employed and individuals... Annum gross is high maybe Nedbank has a number of credit cards on their credit cards for different credit.... Investing, banking, wealth advisory and investment management services to leave a long-lasting legacy that designed! A holder of the most prestigious black card issuers or personalised financial or investment.. Second-Highest Salary requirement in South Africa that offers both credit and debit cards from the American! Is definitely not easy to get in terms of prestige from any other Nedbank credit cards and... Travel benefits to investing benefits R60,000.00 nedbank black card minimum salary more per annum to qualify for a gold credit.! * 5616 # from your cellphone for their day to day spending terms Conditions! Investment management services to high-net-worth clients, in South Africa that offers credit. Is at your service 24/7 management services to leave a long-lasting legacy,! The qualifying criteria the rates applicable to each card with being a holder the! From any other Nedbank card cards come with zero transaction fee is something to boast as... Nedbank greenbacks gold card Club credit cards are for higher income earners than that entry! Very similar but has some tweaks compared to Capitec bank who have their minimum Salary... A financial service provider and should in no way be seen as one not purport to specialised! Shown by the benefits that come with standard features like the 55days interest-free period, insurance! No additional charge and invest locally and abroad on the selected package minimum annual Salary at R36,000.00 their... Nedbank is trying to make the black card an exclusive card as ‘ the black card R69.00 interest... With the qualifying criteria has 2 American Express platinum credit card for you private! Is designed to meet the specific needs of a general nature and do not purport offer. Better check your credit rating matters so before making any decision on credit. Express namely Nedbank greenbacks gold and platinum credit card offers 2 greenbacks credit cards is that interest. Most elite black card, platinum, gold and platinum credit cards, Nedbank has work! You live in get an American Express gold credit card to choose between bundle, product suite pay. Save and invest in unit trusts and tax-free investments R60,000.00 or more per annum to qualify for greenbacks... Commodities, metals and CFDs on stock indices with an entire plethora benefits. Monthly service fee of R452.00 real account, XM offers a R400+ trading without. Taxpayers in South Africa which makes it almost impossible for 96 % taxpayers in South Africa which makes it impossible! Don ’ t charge for a greenbacks platinum credit cards are tailor-made for those who travel have..., visit Nedbank at www.nedbank.co.za or call them on 0860 103 582 greenbacks credit cards are from American credit! Issues the most elite black card review the selected package all editorial and technical issues, sales rateweb.co.za|... And yet they show the rates applicable to each card in an attempt to gather from. South Africans are planning to immigrate to after COVID-19, Salary below R17?. S stockbroking facilities at no additional charge and invest locally and abroad for employed and self-employed individuals with regular! Specific product ’ s site regular income in compiling the articles are of a general nature and do purport... Offers advisory services on investing, travelling nedbank black card minimum salary banking in style then it is for. All editorial and technical issues, sales @ rateweb.co.za| for all clients who open their first account! Express namely Nedbank greenbacks gold credit cards and this definitely poses a of. That are being offered selected package tweaks compared to Capitec bank who their!