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Edgars Account

edgars account

edgars account

Opening an Edgars Thank U Account gives you instant access to the latest fashions, for you, your family and home.You can also use your Edgars Thank U Card to shop at any one of the following stores: Edgars, Red Square, Edgars Active, Boardmans, CNA, Jet, Jet Mart and Legit.

Benefits of an Edgars Account

  • Travel with your Edgars thank you cards with Greyhound, Citiliner and Mango airlines
  • Pay your Medical Bills at Medicross and Primecure and Selected Doctors and Pharmacies using your Edgars Account
  • You get R300 free on your first purchase of R1000 or more; R100 off your next purchase of R300 each; An an extra R100 off R300 voucher if you join Edgars Club

Your credit limit
If your payments are up to date, your credit limit wil be automatically reviewed and increased on a regular basis. If you are not happy with your credit limit of your Edgars Account, please call us toll-free on 0860 11 36 39 to ask for an increase before you go shopping, to avoid delays at the till points.

Ways to pay
You can pay your account installment at a till point at any of these stores: Jet, Jet Mart, Edgars, CNA, Prato or Boardmans stores nationwide. To make payment quick and easy, take along your Jet card and statement.

Alternatively, you can pay by debit order. Phone 0860 113 639, or visit your nearest store for information.

To pay by postal order, send the retittance advice on your statement tot he address on our statement. Never send cash.

Lastly, you can pay  by using your bank ATM (automatic teller machine). You can use these banks: FNB, ABSA, Standard Bank and Nedbank. Please note that there is a one to five day delay for us to be paid by your bank when you use this option.

 

THE STANDARD BANK BRITISH AIRWAYS CREDIT CARD

For those that enjoy travelling for business or pleasure, you will enjoy the benefits of the Standard Bank British Airways Credit card.
Not only does it offer total convenience and global acceptance, your British Airways Credit Card is also the gateway to a world of rewards
BENEFITS
The Executive Club is designed to recognise and reward you – and aims to make your travel even more enjoyable. As a British Airways credit cardholder you will:

Earn one Avios for every R8.50 you spend on your British Airways Credit Card (Avios is based on POS transactions only, these exclude:
Cash Transactions including Electronic Fund Transfers,
Cash Advances,
Cash transfers,
Internet Transfers,
Third Party Payments,
Account Payment Orders,
Debit Orders,
Cash Withdrawals (ATM, Over the Counter, Other Banks),
Garage Card Transactions,
All Card fees and Finance Charges,
Purchasing of Foreign Exchange,
Purchasing of Travellers cheques and Forex Cheques,
Purchasing of Casino Chips).
You can spend your Avios on reward flights* or upgrades – so the more Avios you earn, the further they can take you!
Double your Avios – earn TWO Avios for every R8.50 spent when you use your card to buy BA products such as flights, holidays, in-flight duty free, etc.
Earn 250 Avis Bonus Avios – every time you use your British Airways Credit Card to pay for an Avis booking you will receive 250 Avios as a ‘thank you’ bonus.
Collect Tier Points- if you fly frequently with British Airways you can collect Tier Points which progress you through Blue, Bronze, Silver and Gold membership tiers. With each progression comes greater benefits such as lounge access and priority check-in.

PLUS – if you spend R200 000 on your British Airway Credit Card in a 12 month period you will enjoy these three exclusive British Airways** benefits:

A FREE Companion Voucher so that you can take a companion on a free flight (excluding taxes, fees and cash charges), when you purchase a regional flight ticket.
Luxury Airport Lounge access – you will have access to Comair Limited’s superb luxury domestic airport lounges, where you will be treated in a manner to which you’ll certainly want to become accustomed! You can also bring a guest, if they too are flying aboard a British Airways flight.

Cabin Upgrade Voucher – you will receive a complimentary upgrade to Club (Business), when you purchase a British Airways domestic or regional Y, B or H Traveller (Economy) ticket for you and a companion.

The additional benefits of your British Airways Credit Card include:
Flexible repayment options
Free automatic travel insurance every time you purchase a travel ticket. Additional comprehensive cover is also available for a small fee
Free 24-hour lost card protection . If you lose your card, call 0800 020 600 as soon as possible
Emergency replacement of your card if you lose it while travelling abroad
A free additional British Airways Credit Card for a secondary cardholder
Up to 55 days’ interest-free credit, which, if used wisely, is an extremely effective financial management tool
A convenient Automatic Payment Order option so that the amount you owe is automatically paid into your card account – giving you one less thing to worry about.

STANDARD BANK ACCELERATE CREDIT CARD

The Standard Bank Accelerate Credit Card has the folowing benefits:

Free secondary card
Access to Value choices- at no joining fees
Free internet banking
Basic automatic travel insurance
No transaction fees on purchases
You receive up to 55 days interest free credit. If used wisely, it could be your most effective financial management tool.

Get the following transactions free per statement cycle:
One cash deposit
One ATM provisional statement
One balance enquiry at an ATM
One over-the-counter provisional statement
One balance enquiry over-the-counter

You have control over how you want to use your credit card limit as the revolving and budget limits are combined into a single account limit.
To apply Online, simply click here to complete the application form
At any branch

THE STANDARD BANK BLUE CREDIT CARD
QUALIFYING CRITERIA
income of R3,500 per month
No transaction fees on purchases
Access to Value Choices – no joining fee
Basic Automatic travel insurance
The Standard Bank Blue Credit Card offers the following benefits:

Free Secure Internet Shopping
Free Secondary cards
Basic automatic travel insurance
Free emergency card replacement outside South Africa
Get the following transactions free per statement cycle:
One cash deposit
One ATM provisional statement
One over-the-counter provisional statement
One balance enquiry at an ATM
One balance enquiry over-the counter
You receive up to 55 days’ interest-free credit. If used wisely, it could be your most effective financial management tool.
You have control over how you want to use your credit card limit as the revolving and budget limits are combined into a single account limit.
Your application is subject to our approval. To apply for a credit card you must:

Have an income*
Be over 18 years and older
Be a South African citizen

THE LODGE CREDIT CARD

A Lodge credit card is ideal for a business where frequent air travel is a requirement. The card is kept by your travel agent and is used to pay for travel-related expenses.
One of its major benefits is that it Saves time and is convenient as the travel agent is able to make travel bookings on your behalf including airline tickets and accommodation.
You get up to 30 days interest-free credit for purchases
No transaction fees on purchases (fuel is the exception)
REQUIRED DOCUMENTATION
Commercial Application form
A copy of ID for authorised signatories
If you have an existing Business Credit Card:

Complete the Business Finance Application form and either:

Hand it in at any FNB branch
Email it to CRadmin@fnb.co.za
Phone 0860 263 362
If you don’t have an existing Business Credit Card:

Complete the New Control Account Application AND the Additional User Application
Need to add an additional Business Travel Lodge Card?

Complete only the Additional User Application
Read the FNB Business Card Product Disclosure document including all fees

BUSINESS GOLD CREDIT CARD

If your senior executives and sales managers require convenient and globally accepted credit, FNB’s Business Credit Card is just what they need. This card provides recognition, credibility, credit limit management and authorisation
BENEFITS
You can pay for transactions at the point of sale at no additional charge.
It’s more cost effective as you get up to 30 days interest-free credit for purchases.
You can save money as there are no transaction fees on purchases (except when purchasing fuel).
You get access to a 24 hour card support helpline.
Your card can be delivered to your door for FREE.
You can eliminate the risk of carrying cash with you as you pay by card.

THE DEZIGN STUDENT CREDIT CARD

The Nedbank Dezign Student Credit Card which enables you to spend on the things you need, and spread your repayments over time. Used responsibly, a Nedbank Dezign Student Credit Card can build your credit record with Nedbank, and enhance your lifestyle as a student
FEATURES

Monthly fee of R5 applies.
No annual service fee.
No transaction fees for purchases.
No need to carry cash.
Up to 55 days’ interest-free credit on purchases.
Detailed monthly statement that allows you to monitor all your transactions.
A credit record with Nedbank for your future banking needs is built.
Worldwide acceptance at over 25 million merchants.

THE NEDBANK PLATINUM CREDIT CARD

the Nedbank’s prestigious Platinum Credit Card reflects your achievements and superior status. It offers the exceptional benefits that your financial standing demands, including a generous credit card limit, which can be increased on approval.

FEATURES

Extensive travel benefits, including free access to BIDAir’s Premier domestic airport lounges around the country.
Automatic travel insurance for both local and international travel when you purchase your travel ticket(s) on your Nedbank Platinum Credit Card.
Detailed monthly paper or electronic statement that allows you to monitor all your transactions.
FREE transactional SMS service that will notify you of the purchases made at tillpoints on your credit, cheque or debit card.
Balance Protection Plan to ensure financial security and peace of mind in the event of death, disability, critical illness or retrenchment.
Up to 55 days’ interest-free credit on purchases, provided that the full outstanding balance is paid by the payment due date.
Extended credit facility for bigger purchases to be repaid over a period of 3 to 36 months.
Acceptance at all ATMs for instant access to cash in South Africa and overseas.
Worldwide acceptance at over 25 million merchants.
Additional cards for your family members or partner.
Exclusive face-to-face card delivery.

 

Nedbank Classic Credit card

The Nedbank Classic Credit Card provides you with convenience, versatility, and peace of mind in one comprehensive package. It is recognised throughout South Africa and internationally.
FEATURES

Balance transfer option to transfer credit card debt held at another financial institution and save on interest.
Detailed monthly paper or electronic statement that allows you to monitor all your transactions.
Balance Protection Plan to ensure financial security and peace of mind in the event of death, disability, critical illness or retrenchment.
Automatic travel insurance for both local and international travel when you purchase your travel ticket(s) on your Nedbank credit card.
FREE transactional SMS service that will notify you of purchases made at tillpoints on your credit, cheque or debit card.
Up to 55 days’ interest-free credit on purchases, provided that the full outstanding balance is paid by the payment due date.
No transaction fees for payments.
Extended credit facility for bigger purchases to be repaid over a period of 3 to 36 months.
Instant access to cash at all ATMs in South Africa and overseas.
Worldwide acceptance at over 25 million merchants.
Additional cards for your family members or partner.
Automatic payment order (APO) so you don’t have to remember to make your monthly repayments.

Credit Card or Personal Loan ?

If you had to tap unsecured credit to meet an unexpected expense, you would probably turn to your credit cards without much thought. There is, however, another option. Personal loans – also called signature loans – may or may not be a better option than credit cards to finance your expenses.

When is a Personal Loan Better than a Credit Card?

If you’re facing a one-time expense that you cannot afford (let’s say  R20,000 to move across country), a personal loan may offer you a better interest rate than the regular rate on your credit card.

Additionally, when you apply for a personal loan, you will choose your monthly payment and loan repayment period up front, so you know you will be making progress towards paying down your loan each month. With credit cards, it’s easy to get stuck in the minimum payment trap, never making headway on your balance and throwing money away on never-ending finance charges.

When is a Credit Card Better?

If your expense is small enough that you will be able to pay it off quickly, a credit card offering a low or 0% intro APR on purchases is obviously better than a personal loan, as you will pay little or no interest.

Using a 0% APR credit card for a one-time large expense comes with two caveats: you must be able to stick to a schedule of monthly payments that will get your balance paid off in a year, and you must avoid putting additional charges on the card. Having a balance at the end of the intro period will subject you to the card’s high regular APR.

Debt Consolidation – Personal Loan or Credit Card?
Credit card balance transfers involve rolling your credit card debts onto a low or no-interest card. So, for example, you can consolidate multiple outstanding amounts on credit cards that are charging you a high interest into a credit card that offers low or no interest for a certain period. This can be for the first 6 months or even over the life of the outstanding balance. The trick is that once the promotional period is over, the interest charged normally reverts to a higher rate.

If you haven’t paid the balance off in the specified time frame, this can eat into any savings you made up to that point. Personal loans generally allow you to borrow a fixed amount of money to be repaid in fixed instalments over a set period of time. With fixed terms somewhere between 3 to 5 years, borrowers are forced to pay within the stipulated period. This can be advantageous to those who lack the discipline needed to repay their debts on time, especially with a credit card where only repaying the minimum each month will see the debt last for decades.

Compare credit cards vs store cards

We though that we’d offer you a simple comparison between credit cards and store cards to help you understand the differences.

Credit cards

A form of loan and provide one of the easiest ways of borrowing over a short period. You can use them in the South Africa  or overseas to buy goods and withdraw cash that you pay for in full or in part at the end of the month.

Card issuers will usually stipulate a minimum monthly payment of around  5% of the outstanding balance on your card.

But you can clear the whole balance if you have the resources. Most cards provide an upper spending limit. To begin with, this spending limit may be around R15,000, but card issuers will increase it if you prove to be a reliable customer. The interest rate charged is also plummeting, with some card issuers offering 0% introductory rates on balance transfers for the first six months.

Most credit cards have some form of insurance built into them. This usually covers things like damage to goods purchased with the cards or cancellation of a flight or holiday. However, this insurance usually has myriad conditions attached to it, so if you intend to rely on it, read the small print and make sure you understand the conditions.

Many cards offer up to six months interest-free credit and maybe more on balance transfers, and you have the flexibility of being able to pay back part or all of the debt at any time.

Store cards

Store cards are rarely good news. They may come with a range of tempting offers, but they frequently also come with a sting – an annual percentage rate (APR) of about 20%).

Store cards tend to offer less of a good deal than credit cards and it can be easy to build up several of these so that you end up spending way beyond your means.

Store cards are available at the point of sale, and once a credit check and application form has been completed – which can take as little as 10 minutes – the purchase can be made.

Store cards do not pose a problem if you pay off the balance within the interest-free period, which is typically about 55 days. But, if not, debt problems can soon mount up.

Most financial experts agree that credit cards with lower APRs are generally a better deal than store cards. But, you may be tempted by some of the benefits of a store card. These could include an introductory discount on goods – typically around 10% – or extra money off during the sale period. You could also be invited to sale previews, be sent magazines or catalogues and details of special offers.

We though that we’d offer you a simple comparison between credit cards and store cards to help you understand the differences.

Credit cards

A form of loan and provide one of the easiest ways of borrowing over a short period. You can use them in the UK or overseas to buy goods and withdraw cash that you pay for in full or in part at the end of the month.

Card issuers will usually stipulate a minimum monthly payment of around £5 or 5% of the outstanding balance on your card.

But you can clear the whole balance if you have the resources. Most cards provide an upper spending limit. To begin with, this spending limit may be around £1,000, but card issuers will increase it if you prove to be a reliable customer. The interest rate charged is also plummeting, with some card issuers offering 0% introductory rates on balance transfers for the first six months.

Most credit cards have some form of insurance built into them. This usually covers things like damage to goods purchased with the cards or cancellation of a flight or holiday. However, this insurance usually has myriad conditions attached to it, so if you intend to rely on it, read the small print and make sure you understand the conditions.

Many cards offer up to six months interest-free credit and maybe more on balance transfers, and you have the flexibility of being able to pay back part or all of the debt at any time.

Store cards

Store cards are rarely good news. They may come with a range of tempting offers, but they frequently also come with a sting – an annual percentage rate (APR) of about 30%).

Store cards tend to offer less of a good deal than credit cards and it can be easy to build up several of these so that you end up spending way beyond your means.

Store cards are available at the point of sale, and once a credit check and application form has been completed – which can take as little as 10 minutes – the purchase can be made.

Store cards do not pose a problem if you pay off the balance within the interest-free period, which is typically about 55 days. But, if not, debt problems can soon mount up.

Most financial experts agree that credit cards with lower APRs are generally a better deal than store cards. But, you may be tempted by some of the benefits of a store card. These could include an introductory discount on goods – typically around 10% – or extra money off during the sale period. You could also be invited to sale previews, be sent magazines or catalogues and details of special offers.

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