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Rewards Cards · South Africa

Nedbank Gold Credit Card

4.0 / 5 editorial rating

Best for: applicants earning from R5,000 a month who want Greenbacks rewards.

Annual feeR65/mo
IssuerNedbank
NetworkSee issuer
Purchase APRPersonalised, from prime up…
Foreign transaction fee2.75% currency conversion fe…
Credit neededR5,000 a month

Pros

  • Low R5,000 monthly income requirement
  • Interest rates from prime for strong credit scores
  • Greenbacks earn also applies to virtual cards

Cons

  • Credit facility service fee can be higher depending on your risk profile (up to R69)
  • 2.75% currency conversion fee

Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.

The Nedbank Gold Credit Card costs from R65 a month and is open to applicants earning R5,000 a month. It earns Greenbacks on eligible spend.

Nedbank Gold Credit Card at a glance

IssuerNedbank
Card networkSee issuer
Annual feeR65/month
Rewards rateNedbank Greenbacks on eligible spend (qualifying Greenbacks spend on Mastercard and Visa cards is capped at R10,000)
Welcome bonusSee issuer for the current offer
Intro APRNone
Regular APRPersonalised, from prime up to the NCA maximum
Foreign transaction fee2.75% currency conversion fee
Credit neededR5,000 a month
Best forLow-income applicants who want Greenbacks rewards

Key features

  • R65 a month: R42 maintenance fee plus R23 credit facility service fee
  • Up to 55 days interest-free credit
  • Once-off initiation fee of R199 (limit up to R10,000) or R219 (higher limits)
  • Free face-to-face card delivery on first issue
  • Up to 10 free virtual cards

Pros

  • Low R5,000 monthly income requirement
  • Interest rates from prime for strong credit scores
  • Greenbacks earn also applies to virtual cards

Cons

  • Credit facility service fee can be higher depending on your risk profile (up to R69)
  • 2.75% currency conversion fee

Before you apply: confirm the current annual fee, interest rate, rewards and eligibility on the issuer's official site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.

Sources: personal.nedbank.co.za · personal.nedbank.co.za

How it compares with similar South Africa cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
Nedbank Gold Credit CardLow-income applicants who want Greenbacks rewards
R65/mo Nedbank Greenbacks on eligible spend (qualifying Greenbacks spend on M… None 2.75% currency conversion… R5,000 a month 4.0
Discovery Bank Gold Credit CardDiscovery and Vitality members who will actively earn Vitality Money rewards
R125/mo Discovery Miles through Vitality Money: up to 40% back on healthy groc… None 3% currency conversion fee… R100,000 to R350,000 a year 4.2
FNB Aspire Credit CardEntry-level earners who want eBucks rewards and basic travel cover
R65/mo eBucks Rewards at partners such as Takealot, Pick n Pay, Engen and Cli… None 2.75% currency conversion… R42,000 to R450,000 a year 4.2
FNB Premier Credit CardMid-income earners who bank with FNB and want stronger eBucks earning
R125/mo eBucks Rewards at partner retailers, including eBucks fuel rewards at… None 2.75% currency conversion… R300,000 to R749,999 a year 4.1

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