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TymeBank Credit Card Review: Affordable monthly fees and a great conversion rate

Looking for an affordable credit card with a great conversion rate? Look no further than the TymeBank Credit Card. Read our review to find out more!

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TymeBank Credit Card: a great option for low to middle-class income earners

This is the Tyme Bank credit card. Source: The News Stacker.

If you’re interested in finding the right credit card to suit your needs, check out our TymeBank Credit Card review. 

TymeBank Credit Card

How to apply for the TymeBank Credit Card

Find out everything you need to know about how to apply for a TymeBank Credit Card from TymeBank, including benefits and features offered.

As South Africa’s first fully digital bank, TymeBank has revolutionized how we access financial services and now offers an app-based banking experience that is convenient and up-to-date with current market trends.

  • Requirements: You must have a valid South African ID, be 18 years or older, have a Tymebank Everyday Bank Account. You need to earn a monthly income of R 3 000.00 or more.
  • Initiation Fee: R 160.00
  • Monthly Fee: R 40.00
  • Rates: You’ll get 55 days interest-free by paying your full outstanding balance monthly.
  • Rewards: Use your TymeBank CreditCard to earn 4x more Smart Shopper Points.

This review looks closer into their credit card offering to explore what you can expect from them – including its features, benefits, fees & more!

TymeBank Credit Card review: What can you expect?

TymeBank has come through with their new TymeBank Credit Card, offering an attractive option for low to middle-class income earners looking to build a good credit score. 

It’s relatively affordable in terms of its monthly fees. It has a great conversion rate when using it for offshore transactions – the perfect solution for those who have had difficulty finding an affordable card that doesn’t require you to be a high-earner. 

Despite not having as many features as some more costly cards, TymeBank shoppers can reap plenty of benefits from this card. So let’s take a closer look at TymeBank Credit Card review and see what it offers.

Do the pros outweigh the cons?

The mobile app is full of useful tools. Source: The News Stacker.

Get all the details you need to make an educated decision about your financial destiny with our TymeBank Credit Card review! Let’s take a look into the ins and outs of this card.

Pros

  • Low barrier of entry to get a Tymebank Credit Card
  • An excellent option for someone looking to build up a good credit score
  • The international conversion fee is lower than the industry average
  • Free Tymebank Personal Account with a ton of value

Cons

  • No free global travel insurance
  • No option to consolidate and transfer outstanding debt into a budget facility
  • Maximum cashback of 0.5% when shopping at Pick n Pay retailers

What are the eligibility requirements?

To qualify for a Tymebank Credit Card, you must be 18 years or older and have access to an Everyday Bank Account with the provider. 

Furthermore, having a valid South African ID and proof of your monthly income (valued at R 3 000.00 or more) is essential in completing this process! 

Learn how to request the TymeBank Credit Card

Are you ready to unlock more financial opportunities? A Tymebank Credit Card is the perfect way to build a strong credit history. Get all the information you need about its application process with this next link!

TymeBank Credit Card

How to apply for the TymeBank Credit Card

Find out everything you need to know about how to apply for a TymeBank Credit Card from TymeBank, including benefits and features offered.

About the author  /  Vinicius Barbosa

Vinicius Barbosa is a writer of finance-related content on this portal. Graduated in Social Communication, he writes about everything that involves the world of finances, from credit card recommendations to investment tips, for readers who want to make better decisions when it comes time to spend their money or invest wisely.

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