The 10 Best Credit Cards with low interest rates in South Africa (2025) – Reviewed. We have Rated and Reviewed the 10 Best Credit Card Options in South Africa with the Low Interest Rates, Cheapest Fixed Interest Rates, Interest-Free Periods, No (Zero) Interest, No Annual Fee No Balance Transfer Fees, and much more!
In this in-depth guide, you will learn:
- The Best Credit Cards with the lowest interest rates in South Africa (2025) – a List.
- Which Banks, Providers, or, Companies (Discovery Bank, Woolworths, FNB, Standard Bank, Absa, American Express, African Bank) offer the Best Low Interest Rate, 24 – 36 Month no (0%) or low Interest Rate Credit Cards with No annual Fee, Rewards, and Cashback in SA?
- Which South African Bank has the lowest interest rate on credit cards?
- In terms of Credit Cards, what are Fair Credit, Bad Credit, Cash Advance, Balance Transfers, Zero-Interest and APR?
- Is Low Interest on a Credit Card Good?
- The Best Low Interest Credit Cards for Travel, Rewards, Beginners, Seniors and College Students.
and much, MUCH more!
10 Best Low Interest Credit Cards in South Africa – A Comparison
| 🔎 Provider | 💳 Card Option | 💶 Monthly Fee | 📉 Interest Rate (from) |
| 🥇 Discovery Bank | Gold | R30 ZAR | 2% |
| 🥈 Woolworths | Gold | R50.50 ZAR | 21% |
| 🥉 FNB | Aspire | R45 ZAR | Personalized |
| 🏅 FNB | Gold Business | R85 ZAR | Personalized |
| 🎖️ Absa | Gold | R55 ZAR | Personalized |
| 🏆 Absa | Transact | R12 ZAR | 20.50% |
| 🥇 American Express | Platinum | R32 ZAR | 19.75% |
| 🥈 Standard Bank | Gold | R23 ZAR | 11.75% |
| 🥉 Standard Bank | Blue | R40 ZAR | 11.75% |
| 🏅 African Bank | Black | R55 ZAR | 3% |
10 Best Low Interest Credit Cards in South Africa
(2025)
- ☑️ Discovery Bank Gold Card – Overall, the Best Credit Card with a Low Interest rate in SA
- ☑️ Woolworths Gold Card – Up to 2% CashBack in WRewards
- ☑️ FNB Aspire Card – Automatic Debt Protection
- ☑️ FNB Gold Business Card – The Best Credit Card for Rewards
- ☑️ Absa Gold Card – Low Fees and Competitive Interest Rates
- ☑️ Absa Transact Card – Unlimited card swipes
- ☑️ American Express Platinum Card – High Reward Potential
- ☑️ Standard Bank Gold Card – Free Automatic Travel Insurance
- ☑️ Standard Bank Blue Card – Personalised Annual interest rate (APR)
- ☑️ African Bank Black Card – Interest-free periods on Purchases
Discovery Bank Gold Credit Card
The Discovery Bank Gold Credit Card is best known for it’s offer of up to 55 days of interest free credit. The Discovery Gold Credit Card rewards card holders for positive financial behavior and, for every R1 earned in rewards, the cardholder will receive 10 Discovery Miles redeemable for airline tickets. Other benefits of the Discovery Gold Credit Card include:
- ✅ Up to 40% Back on Healhy Food Purchases
- ✅ Up to 6.75% interest on demand savings accounts
- ✅ Up to 5% less on Borrowing Rates
Discovery Bank is a trustworthy credit card provider that offers its users exclusive benefits, lifestyle rewards, and much more.
Discovery Bank Gold Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Dynamic interest rates | High Monthly Rate |
Woolworths Gold Credit Card
The Woolworths Gold Credit Card is intended for consumers who appreciate receiving rewards. Rewards maybe available via the Woolworths Gold Credit Card includes:
- ✅ 2% coupons redeemable at Woolworths stores throughout South Africa,
- ✅ 0.75% coupons redeemable at selected non-Woolworths stores,
- ✅ 1% of fuel purchases can be refunded,
- ✅ 55 days of interest-free credit.
To qualify for the Woolworthds Gold Credit Card the applicant must earn over 3000 ZAR per month, be over the age of 18, and have a valid bank account to qualify.
Woolworths Gold Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Low-income requirements | Mainly Limited to Woolworths stores |
FNB Aspire Credit Card
The FNB Aspire Credit Card is a popular card choice thanks to its exclusive deals at selected partners, automated debt protection, and complimentary Global Travel Insurance. Benefits made available by Aspire include:
- ✅ Auromatic Debt Protection
- ✅ No Charge for Global Travel Insurance
- ✅ Rewards at Providers such as Checkers, Clicks, and, Engen
The FNB Aspire Card is available on the FNB App – a faster, safer and more secure way to pay for online and in-store purchases across the globe.
FNB Aspire Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Fixed interest rate provided | high-income requirement |
FNB Gold Business Credit Card
The FNB Business Gold Credit Card is and ideal card option for business owners looking for a convenient way to pay for goods and services. Benefits of the FNB Gold Business Credit Card include:
- ✅ A budget facility allowing cardholders to purchase goods of at least R200 and repay over a period of 3-24 months
- ✅ Full settlement allows up to 35 days of interest-free credit on purchases (excluding cash withdrawals)
- ✅ No transaction fees on purchases (excluding fuel and cash withdrawals)
- ✅ Access to 24/7 helpline for fraud and lost cards
and much, MUCH more!
The account features free swiping and no transaction fees on certain purchases, and the ability to control expenses, view spending habits, and analyze transaction details using the Visa IntelliLink Spend Management system.
FNB Gold Business Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Low monthly charges | Interest rate not supplied |
Absa Gold Credit Card
The ABSA Gold Credit Card is an entry-level credit card that provides good value, has a low monthly fee, and provides conventional credit card privileges. Futures and Benefits of the ABSA Gold Credit Card include:
- ✅ Digital banking to stop and replace a card, report fraud, manage daily card limits and more.
- ✅ Bidvest Airport Lounge access at preferential rates
- ✅ Travel insurance R1,5 million automatic basic cover* for a range of travel emergencies
- ✅ Get cash back when you pay with the card locally and internationally
- ✅ Complete simple challenges on the Absa Banking App and get rewarded instantly for banking smarter
and much, MUCH more!
The monthly account cost for the ABSA Gold Credit Card is R55 ZAR, and the maximum credit limit is 90 000 ZAR, with a 3% monthly minimum payable on outstanding amounts.
Absa Gold Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Low income is required to apply | Customer support can be lacking |
Absa Transact Credit Card
The Absa Transact Account is a great account and card choice for consumers looking to establish a credit history. In order to qualify for a Absa Transact Account the applicant must have a monthly income of at least 2,000 ZAR and customers may expect:
- ✅ Monthly fee of R4.90
- ✅ A minimum banking balance of R20
- ✅ R5 000 daily limit for ATM and POS transactions
- ✅ No subscription fee for Absa Online, mobile and telephone banking
- ✅ Unlimited debit card swipes
- ✅ Safely withdraw cash at selected retailers
and more.
The Absa Transact Account is designed to attract newcomers by providing them with access to a small bank account.
Absa Transact Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Interest-free days are offered for 57 days each year | Several additional fees |
American Express Platinum Credit Card
The American Express Platinum Credit Card is one of the most popular credit cards offered by American Express. The Platinum Credit Card comes with a a Personalised Interest Rate but does require a high monthly income of R62’500 ZAR per month.
The American Express Platinum Credit Card is best suited for consumers who spend money on expenses such as travel, Entertainment and Dining.
American Express Platinum Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Great Rewards | Some cards can be more expensive |
Standard Bank Gold Credit Card
The Standard Bank Gold Credit Card provides users with some of the best Travel, LifeStyle, and Insurance Benefits in South Africa. The Standard Bank Gold Credit Card comes with a low monthly fee of R63 ZAR and requires a monthly income of R5000 ZAR. Some of the Benefits of the Standard Bank Gold Credit Card includes:
- ✅ Get up to 20%* off on Emirates flights when you book through Leisure Desk
- ✅ Earn UCount Rewards Points every time you use your credit card, no matter where you shop
- ✅ automatic basic Travel Insurance
- ✅ Get access to food and lifestyle offers on the Priceless Specials MEA App
and much, MUCH more!
The Standard Bank Gold Credit Card comes with 3D Secure verification for safe online shopping and 3D Secure verification for safe online shopping.
Standard Bank Gold Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| A plethora of vacation bonuses | Cash Withdrawal Fee |
Standard Bank Blue Credit Card
The Standard Bank Blue Credit Card is one of the most affordable credit cards on the South African Market to date, and it provides everyday banking comfort. Cosumers can expect the following from the Standard Bank Blue Card:
- ✅ Chip- and PIN-enabled Mastercard credit card
- ✅ Shop at millions of merchants and ATMs worldwide
- ✅ 3D Secure verification for safe online shopping
- ✅ Tap to Pay™ in-store for R500 or less
and much, MUCH more!
In order to qualify for the Standard Bank Blue Card, customers must have a monthly income of R5000 ZAR and it comes with a Personalised interest Rate.
Standard Bank Blue Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| A variety of benefits | High Repo Rate |
African Bank Black Credit Card
The African Bank Black Credit Card is a popular South African Credit Card Option that comes with an up to 62 Day Interest Free period. Features and Benefits of the African Bank Black Credit Card include:
- ✅ A personalised embossed Card is issued instantly at any African Bank Branch.
- ✅ Accepted globally at all merchants and ATM’s displaying the Visa logo.
- ✅ Cash withdrawals at POS (Point of Sale, or till points) at participating merchants, for example, Checkers, Shoprite, Spar and Pick n Pay.
- ✅ Up to 62 days interest-free credit on POS and online purchases, if you settle your outstanding balance in full by the due date.
- ✅ Customers earn interest on a positive balance.
and much, MUCH more!
The African Bank Black Credit Card comes with a Monthly Service Fee of R65 ZAR and if the Card is 6 months or older, the cardholder could qualify for a limit increase, subject to a credit assessment.
African Bank Black Credit Card Pros and Cons
| ✅ Pros | ❎ Cons |
| Earn up to 3% in interest for making on-time payments throughout the year. | An initiation fee is charged when signing up |
In Conclusion
👉 Now it is your turn to participate:
➡️ Which Low-Interest Rate Credit Card from this list do you intend to test out?
➡️ What was the determining factor in your decision to engage with a certain broker?
➡️ Was it because of the Fees, Interest Rates, or, the Pros and Cons?
👉 Regardless, please share your thoughts in the comments below.
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You might also like: The 10 Best Credit Cards for Dining
Frequently Asked Questions
What is a Low-Interest Credit Card and How does it work?
A Low-interest credit card will make large sums of money more bearable and they offer more affordable options for consumers who choose to carry their balance from month to month.
How many low-interest credit cards should a consumer have?
This is determined by the consumers own personal purchasing needs and the amount of debt they can comfortably manage to accrue.
What does a low-interest credit card do?
A low-interest credit card saves you money by lowering your debt costs.
What is Fair Credit and Bad Credit?
The FICO credit scoring system ranks credit scores as follows: Poor: 300-579, Fair: 580-669, Good: 670-739, Very Good: 740-799.
What is the difference between a Credit Card Cash Advance, and Balance Transfer?
A balance transfer is the process of transferring debt from an existing credit card to a new or another existing credit card. A cash advance, is using a credit card to get cash in advance either through an ATM or back transfer.
What is an APR?
Interest rates are typically stated as a yearly rate and this is called the annual percentage rate or APR.
Is Low Interest on a Credit Card Good?
Yes. A low interest credit card saves you money by reducing the cost of debt.
Top 4 Brokers
