Apply for TymeBank Credit Card

People are saying that TymeBank Credit Card is convenient because it offers many benefits.

Some of these benefits include cash back, points, and rewards. Some people also like the fact that they don’t have to carry a wallet. TymeBank Credit Card also offers a digital wallet, which is convenient for those who are traveling.

Low fees are a big deal for middle-income earners. For those of us who are trying to make ends meet, we know that the last thing we want to do is to be spending more on interest than we are earning. 

It’s a big reason why a lot of people struggle to get by. But it turns out, there’s a credit card out there that’s perfect for someone who doesn’t want to spend money on interest, and that card is TymeBank Credit Card. It’s offering low fees for those who are struggling to make ends meet, and it’s seeing good success.

Rates and Fees of TymeBank Credit Card

Annual Fee: With TymeBank Credit Card, you have to pay an annual fee of almost R450. This fee range is considered a little bit average knowing how TymeBank Credit Card can give you tons of benefits. 

Late Payment Penalty Fee: In case your payment is late, you have to pay a late payment penalty fee of R100 to TymeBank Credit Card. Furthermore, with late fees, your credit score can be further damage. 

Returned Payment Fee: TymeBank Credit Card didn’t say anything else about its returned payment fee. So, make sure that you check the terms and conditions of the card before agreeing to anything else.

Foreign Transaction Fee: The foreign transaction fee of making international purchases with TymeBank Credit Card is 2% in Rand value of the principal amount. This fee is considered a little high but it’s still reliable for overseas use. 

Interest Rate: TymeBank Credit Card didn’t disclose anything about their interest rates whether it’s variable or fixed.

Other fees: TymeBank Credit Card has an initiation fee of R160 and an optional fee of R4.50 in case the cardholder wants to buy a customer protection insurance. 

Qualifying for TymeBank Credit Card

Minimum Credit Score needed: TymeBank Credit Card requires applicants to at least have a good credit score from 620 up to 700. If higher than that, it can give you a higher chance of getting approval for TymeBank Credit Card.

Annual Income requirements: When it comes to annual income requirements, applicants must at least have R3,000 every month, which makes it R36,000 as an annual income eligibility. Also, you have to have a valid South African ID to get a TymeBank Credit Card. 

How to apply for TymeBank Credit Card?

As a TymeBank Credit Card holder, you are entitled to access to an exclusive portal that is available only to TymeBank Credit Card holders. The portal is a place where you can manage your account, search for offers, and keep up with what’s happening with TymeBank. 

To learn more about the application process for TymeBank Credit Card and how to apply for the card, head to the website of the bank. It is easy to do. All you have to do is fill out the form, upload your documents and your application will be processed. The application process is so easy that you can complete it in less than 30 minutes.

Final thoughts

TymeBank Credit Card is a card that offers low fees and is available in South Africa. It is perfect for middle-income earners. It is designed for people who use credit cards for everyday purchases. It also has a low cash advance interest rate. The card is easy to use and allows you to build up rewards!