Sanlam Money Saver Credit Card is a card that offers a variety of generous rewards and perks to South African. It has no annual fee and provides users with cash back, and user-selected discounts. With this card, you are able to earn cash back with every purchase you make. The card also allows users to choose a discount from a list of pre-selected discounts in different retailers such as Forever 21!
Furthermore, Sanlam Money Saver Credit Card provides 2.5% cashback on every purchases. This means that every single purchase you make; you get back half of your money in cash. This card is a must have for anyone who is trying to save money on their everyday needs.
Benefits of Sanlam Money Saver Credit Card
Having a credit card is necessary for many people. It’s more than just a debit card and having one allows your needs to be able to take on more of it. Credit cards are accepted everywhere that you go and they are helpful in many ways. With that, let’s see the benefits of Sanlam Money Saver Credit Card.
- Interest rates are free for 55 days
If you’re looking for a card to help you save money, the Sanlam Money Saver credit card is a great option. Not only does it have a low interest rate, but if you apply for the card and spend a certain amount in the first 55 days, you can get your interest free.
- Low monthly fees
When you compare the Sanlam Money Saver Credit Card to the competition, you see that it has the lowest monthly fees. It is a perfect card for those who want to pay as they go and not overspend on their credit card.
- 2.5% cashback on every purchase
If you’re looking for a credit card that offers you cashback on every purchase, you’ll love the Sanlam Money Saver Credit Card. The Sanlam Money Saver Credit Card offers 2.5% cashback on all spending (subject to credit approval), so you’ll be able to save money on everything you buy.
- 3% cashback on every purchase in selected shopping stores
Sanlam Money Saver Credit Card is a product that offers you 3% cashback on every purchase you make in a selected shopping store. There are certain conditions on the card that you must meet in order to get the 3% cashback, but if you take a look at the card and make the purchase as soon as possible, you’ll be able to reap the benefits.
- Gives low initial charges
The Sanlam Money Saver Credit Card is the perfect solution for people who are looking for a low interest card that offers a low initial charge. It’s ideal for people who don’t want to pay a lot of interest at the start of their card.
Credit Card Application Requirements
To apply for the Sanlam Money Saver Credit Card, ensure you meet the following requirements:
- Age Criteria: Applicants must be at least 18 years old.
- Income Verification: Provide proof of a stable income to demonstrate your ability to repay credit.
- Credit History: A good credit score enhances your chances of approval.
- Identification: Submit valid identification documents, such as a driver’s license or passport.
- Residential Address: Have a verifiable residential address.
How to Apply for the Sanlam Money Saver Credit Card
Follow these steps to successfully apply for the Sanlam Money Saver Credit Card:
Visit the Official Website: Go to the Sanlam Money Saver website and navigate to the credit card section.
Create an Account: If you don’t have an existing account, create one by providing the required information.
Choose the Credit Card: Select the specific Sanlam Money Saver Credit Card that best suits your needs.
Complete the Application Form: Fill out the credit card application form with accurate personal and financial details.
Upload Supporting Documents: Scan and upload the necessary documents, including proof of income and identification.
Submit the Application: Review your application and submit it through the online portal.
Wait for Approval: Sanlam Money Saver will review your application, and you will be notified of the approval status.
Receive Your Credit Card: Upon approval, your new credit card will be sent to your registered address.
FAQs – Sanlam Money Saver Credit Card
What benefits come with the Sanlam Money Saver Credit Card?
The credit card offers various benefits, including cashback rewards, travel perks, and exclusive discounts with partner merchants.
How can I check my credit card balance?
You can easily check your balance through the Sanlam Money Saver online portal, mobile app, or by contacting customer service.
Is there an annual fee for the credit card?
Yes, there might be an annual fee associated with the credit card. Refer to the terms and conditions for specific details.
What should I do if my credit card is lost or stolen?
Immediately contact Sanlam Money Saver customer service to report the loss or theft. The support team will guide you through the necessary steps to protect your account.
Can I customize my credit card limit?
Sanlam Money Saver evaluates credit limits based on individual financial profiles. While customization might not be available, responsible credit behavior can positively influence limit adjustments over time.