Nedbank Platinum Credit Card Review

If you’re looking for a card that rewards responsible credit use with real cashback, then the Nedbank Platinum card delivers.

Get ready to take your spending experience to the next level with the Nedbank Platinum Credit Card! It’s not just a credit card — it’s an invitation to enjoy more rewards, greater flexibility, and premium perks every time you swipe. Whether you’re planning flights, shopping tech, watching movies, or just filling up the car, this card is built to add value and style to all your purchases.

Imagine earning up to 2% cash back, flying cheaper with up to 30% off, relaxing in airport lounges up to 12 times a year, and getting special discounts on Apple and Samsung devices — all this plus strong safety features and modern control via the Money app. If you want a card that delivers convenience, rewards, and prestige, the Nedbank Platinum is definitely one to consider.

Nedbank Platinum Credit Card Benefits

1. Up to 2% Unlimited Cash Back on Spend: Every eligible spend puts cash back in your pocket — up to 2% on all card spend, without caps. Whether you’re buying groceries, ordering online, or paying bills, your everyday expenses become a mini‑investment. This benefit alone can offset many of the fees if you use the card well.
2. Travel & Flight Discounts: You get up to 30% off flights (when booking through Nedbank/Greenbacks Travel via Avo SuperShop), giving you real value on holiday or business travel. Pair that with travel insurance up to R3 million, and domestic airport lounge access (up to 12 times/year) via Bidvest Premier Club — so travel becomes more comfortable, safer, and more rewarding.
3. Discounts on Apple & Samsung Devices: If you’re into premium tech, you get up to 10% off when buying Apple or Samsung devices using your Platinum Credit Card. So buying the latest phone, tablet, or gadget costs you less — perks that tech lovers especially will appreciate.
4. Entertainment & Fuel Perks: Gain savings on entertainment and fuel: enjoy up to 60% off Nu Metro movie tickets, and earn 25c cash back per litre at bp when you use the Greenbacks-linked card. Those are not just small extras—they add up fast if you go to the cinema or drive often.
5. Rewards & Greenbacks Program: This card is linked to Nedbank’s Greenbacks rewards — earn Greenbacks on eligible spend, and you can use Greenbacks SHOP at participating stores. The more you spend (eligibly), the more Greenbacks you accumulate, giving you more value than basic cards.
6. Strong Security & Control Features: Manage your card from the Money app or Online Banking: real‑time SMS alerts for transactions, ability to block / freeze / replace your card, set withdrawal/transfer limits, and the card is chip & PIN enabled. Also, face‑to‑face card delivery when new, so it arrives safely.
7. Virtual Cards & Modern Pay Methods: For safer and more convenient online shopping, you can create a virtual card via the app. Also, link to Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay — and use tap to pay or QR features. Makes transactions smoother and less risk‑exposed.
8. Travel Insurance & Air Travel Lounge Access: As noted, you get travel insurance up to R3 million, which covers a range of travel‑related risks. Plus access to domestic lounges via Bidvest Premier Club up to 12 visits/year, making travel comfortable and less stressful.

Who Can Apply

To be eligible for the Nedbank Platinum Credit Card, these are the requirements:

• Must be 18 years or older. 
• Must live in South Africa and have a valid South African ID or a valid passport and work permit. 
• Minimum income requirement: R25,000 per month before tax. 
• Must have a good (healthy) credit score and pass Nedbank’s credit / affordability assessment. 
• Required documentation: South African ID (or passport/work permit), payslips for past 3 months or stamped bank statements for past 3 months. 

How to Apply: Step‑by‑Step

Here’s how to get your Nedbank Platinum Credit Card:

1. Make sure you meet the eligibility criteria (age, residence, income, credit score).
2. Gather required documents: valid ID/work permit, proof of residence (if required), 3 months of payslips or bank statements.
3. If needed, create a Nedbank ID (via their Money app or Online Banking) if you’re new to Nedbank. 
4. Log in to Nedbank if you’re already a client, or use the Nedbank Money app/Online Banking. Alternatively, use the app’s “Apply on app” option. 
5. Complete the online application form. Provide personal details, income, etc.
6. Agree to the credit and affordability checks.
7. Once approved, arrange for delivery of the physical card (free face‑to‑face delivery is an option). 
8. Activate the card, set up your app or online banking controls, link wallets or virtual cards if desired, and start using your card to enjoy benefits.

Frequently Asked Questions

• What is the monthly service fee, and are there additional fees I should know about?

The monthly service fee for the Nedbank Platinum Credit Card starts from R99 per month.  There’s also a credit facility fee from around R32 per month.  Other costs may include fees for additional cards (supplementary cards), foreign transactions, and possible late payment or interest charges if you carry a balance. Always check the “Rates and Fees” schedule. 

• How many interest‑free days do I get, and what happens if I don’t pay the statement in full?

You get up to 55 interest‑free days on purchases, provided you fully pay your statement balance by the due date.  If you don’t pay the full balance, standard interest will be charged on the outstanding amount. Nedbank also requires a minimum repayment of 5% of the outstanding balance each month when carrying a balance.

• What travel and lounge benefits come with the card?

The Platinum card provides travel insurance up to R3 million for qualifying journeys.  You also get 12 free domestic airport lounge visits per year via Bidvest Premier Club.  There are also discounts on flights (up to 30% off through certain booking channels) tied to the Greenbacks Travel / Avo SuperShop programme.