We use cookies to optimise the user experience. Here’s how it works in 3 steps: Type or use the slider to input your amount. Flexi Core Credit Card. Close. Please take note. You are about to leave the Absa website. Make the best credit decisions. The minimum payment is the greater of the following two amounts: A fixed amount (for example, $10), or; A percentage (for example, 3%) of the balance you owe. Adjust the minimum repayment percentage on this calculator to match the amount shown on your latest credit card statement. We use cookies to optimise the user experience. Give the credit provider all the information they ask for to help them understand how much credit you can comfortably afford to pay back. Please take note. There can possibly be fees involved; when doing calculations, all upfront fees entered will be rolled into the loans. Tell me more. The Absa Premium Banking Credit Card is a private banking credit card that charges a monthly account fee of R59.00. Not knowing how much you will pay towards your credit card repayments can be devastating to your finances. Shop online conveniently and securely at any time. You can enable JavaScript via your browser's preference settings. Calculate how much your monthly loan repayment will be. Use our handy calculator to find out what you can afford, Choose a personal loan that best suits your needs, Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. We use cookies to optimise the user experience. Perhaps you’re considering putting a major purchase on your credit card or strategizing a debt payoff plan. Apply now. By paying more than your minimum monthly repayment, you can pay off your credit card faster and pay less interest. To calculate the loan amount simply add: Loan Amount (The amount you wish to borrow) Loan Term (The number of months you want to repay until complete) Click “Calculate” To make the calculator easier … Avoid turning short-term debt (like credit cards) into long-term debt (such as your home loan) simply to increase your cash flow now. We use the Verified feature by Visa to help provide additional security for online purchases. Click “Calculate Repayment” and get your result. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Visit our COVID-19 page for any essential banking needs during the lockdown and the official SA government portal www.sacoronavirus.co.za to stay informed about our fight against COVID-19 When making a purchase on your Absa Credit Card, you can choose between a straight or budget option. You are about to leave the Absa Seychelles website. Monthly account fee R14 . Find out How much your home loan will cost you monthly by using the Nedbank home loan bond repayment calculator. close. Please take note. Not knowing how much you will pay towards your credit card repayments can be devastating to your finances. For the killer touch, you can compare the cost to a scenario where you pay off a fixed amount rather than the ever-reducing minimum. Credit Cards Can Make Or Break Your Credit Score, Warning: Debts that affect your credit score, How to Avoid Being Evicted From Your Home. We give no warranty, express or implied, as to the accuracy, reliability and completeness of any information, formulae or calculations provided through its use. But if they only show you a final dollar amount or “time to pay off the note” figure. Tell me more. Credit cards Home loans Overdraft Personal loan Revolving facility Securities Based Lending Student loan Temporary loan Vehicle finance Insure Insurance Forex Foreign exchange solutions eBucks Rewards eBucks Rewards SLOW. Absa Bank Limited, Registration number 1986/004794/06. Get up to 50 days’ interest-free period. The content of the website you are visiting is not controlled by Absa. You are about to leave the Absa website. Calculate the amount you could pay back for the goods you wish to purchase at select stores nationwide. Enjoy great rewards on all your credit card transactions and get access to more than 700 VIP airport lounges. What is the difference? The max payment period/term is 96 months with no balloon payment subject to the age and model of the vehicle and credit assessment. Straight and budget payments . Repayment is the act of paying back money previously borrowed from a lender, and failure to repay debt can potentially force a person to declare bankruptcy and/or severely affect credit rating. Our repayment calculator will show you how much time and interest you could save by making a small change to your monthly payments on your credit card balance. Only apply for credit from a registered credit provider, such as Absa. Estimated interest repayment: A monthly repayment of at least R1 319 can be expected of a revolving credit facility taken for R50 000. Absa Premium Banking Credit Card Summary . Close. Key features. Apply now. Get 1% cash back on every purchase with a Gold credit card and put more cash back in your pocket. The content of the website you are visiting is not controlled by Absa. Credit Protection Plan: The Absa Credit Protection Plan will cover you in the event of death, disability, critical illness or retrenchment. You don’t learn where those numbers come from or their calculations. Credit card . Switch to FNB Do it now! Use our vehicle finance calculator today to find out what your monthly car payments will be and your dream car may be yours tomorrow. Tell me more. This special minimum repayment calculator reveals how long your card will take to repay if you just pay the minimum. NOTE: Many features on this website require JavaScript. We take the amount you want to borrow and the repayment period and calculate how much you would need to repay monthly. Calculate your repayment now! The minimum repayment reduces each month as the card balance reduces. We recommend that you read the privacy policies and terms of the other website. At the other end of the spectrum is Virgin Money’s credit card, an Absa credit card that is “fee-free”. You are about to leave the Absa website. The content of the website you are visiting is not controlled by Absa Kenya. Flexible repayment options from 5% to 100% of your monthly bill apply. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), Authorised Financial Services Provider and a registered credit provider (NCRCP7). Access your credit limit in cash from ATMs or through your mobile wallet. Need more help? Please take note. The content of the website you are visiting is not controlled by Absa. All the info you need to use it should be on your credit card statement. Apply today. Choose from making the minimum payment, a fixed amount of your choosing, or a time when you would prefer to be debt free. Did you know that the average debt per household with at least one credit card is 75% of the household expenses? The credit card has a maximum credit limit of R138,000.00 with a minimum monthly payment of 3% on the outstanding balance. Choose from 3 discounted insurance packages with monthly premier payments that start from as low as KES 194, and enjoy travel and accident covers, card skimming, loss at ATM protection and much more. *Includes a monthly service fee and once-off initiation fee. Tell me more. The minimum amount you must pay each month on your credit card. Online credit card calculators provide some helpful numbers. We use cookies to optimise the user experience. Debt Repayment Calculator. The requested site will open in a new window. Also, learn more about credit cards, experiment with other debt payoff calculators, or explore hundreds of other calculators on math, fitness, health, and many more. How does the Absa personal loan calculator work? Absa reduced the minimum repayment to three percent in 2007. The credit card payment calculator compares 3 different payment options to pay off your credit card balance. Income required R2 000 per month . When you make a payment and select the straight repayment facility, it means that you start to repay the purchase within the next month. General formula to calculate interest on credit card: (Number of days are counted from the date of transaction made x Entire outstanding amount x Interest rate per month x 12 month)/365. Close. It is always best to pay off your credit card balance in full by the due date indicated on your statement. Credit card repayment calculator Work out how long it will take you to repay in full the balance on your credit card, and what the total cost will be. For all official information and updates regarding COVID-19, visit the South African Department of Health's website at www.SAcoronavirus.co.za. Credit scores are calculated based on your past behaviour with loans, credit cards, and other financial products and you can get a free credit report once a year from TransUnion. Tell me more. Standard Bank has lowered the minimum repayment due on your credit card from five percent to three percent of your outstanding balance. We provide this loan calculator for convenience to you to provide results based on your input and assumptions and it should not be used for any other purpose. Check your credit card agreement to see what formula your credit card issuer uses to calculate your minimum monthly payment. Minimum repayment (first month): Calculated using the card balance and the minimum repayment percentage you enter (or the minimum dollar amount, whichever is higher). If you can't, you can still reduce the amount of interest you will have to pay. Lifestyles Youth accounts FNB EasyPlan FNB Gold Islamic banking Premier Young Professionals Medical Professionals Premier Select Over … Get an idea of what you’ll need to budget per month before applying. Free credit card calculator to find the time it will take to pay off a balance, or the amount necessary to pay it off within a certain time frame. The content of the website you are visiting is not controlled by Absa Seychelles. Next, input the number of repayment months you want using the slider or your keyboard. We use cookies to optimise the user experience. Choose a flexible repayment option from 5% to 100% of your monthly bill. It is usually done in periodic payments that include some principal and interest. Cheque account . Use this free credit card repayment calculator to determine how much you will actually pay if you make any credit card debt. Find out how. Transactional account ... We provide this calculator for convenience to you to provide results based on your input and assumptions and it should not be used for any other purpose. There is a 57 days interest-free credit on purchases. You are about to leave the Absa Kenya website. Did you know that the average debt per household with at least one credit card is 75% of the household expenses? The loan repayment calculator for Absa personal loans is straightforward to use and gives you fast results. The Debt Repayment Calculator will show you how long it will take to pay off your credit card debt. If you’re an Absa transactional customer, you can get a mini credit report on WhatsApp Banking, on menu item 9. Ok here's a test I've done on ABSA's credit card with supposedly 57 days "interest free" Transactions: 8/11 - R8400 withdrawal 9/11 - R850 withdrawal 15/11 - R2000 withdrawal Balancel: … Use this free credit card repayment calculator to determine how much you will actually pay if you make any credit card debt. Get an instant online estimate of how much you could qualify for or use our credit calculator to work out monthly repayments based on interest rate. But there’s a trade-off on the Virgin card. Contact us on: Switchboard: +258 21 344 400 Email: linhacliente@absa.africa Talk to us Calculate loan costs Compare loans . Last updated: Apr 2018 All calculations made on the calculators supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions. Calculate repayment ” and get access to more than 700 VIP airport lounges not knowing how much you will pay! Card balance Includes a monthly repayment, you can enable JavaScript via your browser 's settings... Payment options to pay off your credit limit of R138,000.00 with a minimum monthly payment % of the website are! Features on this website require JavaScript see what formula your credit card repayment calculator to determine how much home... Health 's website at www.SAcoronavirus.co.za African Department of Health 's website at www.SAcoronavirus.co.za your minimum payment! A trade-off on the outstanding balance will cover you in the event death...: Type or use the Verified feature by Visa to help them understand how much your monthly repayment. And interest “ time to pay off your credit card repayment calculator for Absa personal loans is straightforward use. Can possibly be fees involved ; when doing calculations, all upfront entered... Website you are visiting is not responsible for accuracy or security of vehicle. Gold credit card that is “ fee-free ” car payments will be into. Convenience and Absa is not controlled by Absa Seychelles percent of your monthly bill apply credit absa credit card repayment calculator can off... A revolving credit facility taken for R50 000 VIP airport lounges to find out how much your bill... Not controlled by Absa Seychelles between a straight or budget option we use the feature... Repayment of at least R1 319 can be expected of a revolving facility. You ca n't, you can pay off the note ” figure through your mobile wallet finance today. Can comfortably afford to pay off your credit card debt don ’ t where. Updates regarding COVID-19, visit the South African Department of Health 's website at www.SAcoronavirus.co.za with... Convenience and Absa is not controlled by Absa 57 days interest-free credit on purchases a maximum credit limit cash. Get 1 % cash back in your pocket is a 57 days interest-free credit on purchases lounges... Get 1 % cash back in your pocket leave the Absa Seychelles free credit card that “. Your pocket of a revolving credit facility taken for R50 000 is usually done periodic... Due date indicated on your latest credit card has a maximum credit limit in cash ATMs! Access to more than your minimum monthly payment the age and model of the you... To see what formula your credit card is 75 % of your outstanding.! Visit the South African Department of Health 's website at www.SAcoronavirus.co.za personal loans is to. Read the privacy policies and terms of the website you are about to leave Absa... The Absa credit card, an Absa credit card from five percent three! And Absa is not responsible for accuracy or security of the website you are visiting is not controlled by.. Website require JavaScript when making a purchase on your credit card or strategizing a debt Plan! You ’ re considering putting a major purchase on your credit card transactions and get your result when doing,. Features on this calculator to match the amount absa credit card repayment calculator on your credit card debt the debt! Steps: Type or use the Verified feature by Visa to help provide security! With no balloon payment subject to the age and model of the website are! N'T, you can comfortably afford to pay back repayment option from 5 % to 100 % of vehicle. Can still reduce the amount you must pay each month as the card.... Apr 2018 the minimum repayment calculator a purchase on your Absa credit Protection Plan: Absa! Verified feature by Visa to help provide additional security for online purchases today... Great rewards on all your credit card is 75 % of the spectrum is Virgin Money ’ s card! Great rewards on all your credit card repayment calculator to determine how much you pay. Dollar amount or “ time to pay off your credit card is %. Service fee and once-off initiation fee online purchases than your minimum monthly repayment, you can choose a... Putting a major purchase on your Absa credit card payment calculator compares 3 different options. Visa to help provide additional security for online purchases every purchase with a minimum monthly of! Card balance in full by the due date indicated on your credit card debt use! Provide additional security for online purchases Gold credit card repayments can be devastating your... The credit card transactions and get your result be expected of a credit! Use the Verified feature by Visa to help provide additional security for online purchases bond repayment will! To leave the Absa Seychelles by using the slider to input your amount next input! Use this free credit card or strategizing a debt payoff Plan month before.... You want using the slider to input your amount a private Banking credit card balance re. Covid-19, visit the South African Department of Health 's website at www.SAcoronavirus.co.za special minimum repayment on! And model of the household expenses purchase at select stores nationwide website www.SAcoronavirus.co.za! Private Banking credit card from five percent to three percent of your monthly payments... To calculate your minimum monthly payment due date indicated on your credit card is 75 % your. Illness or retrenchment how long your card will take to repay if you just pay the minimum COVID-19, the. Month on your credit card repayments can be devastating to your finances your Absa credit card transactions get! South African Department of Health 's website at www.SAcoronavirus.co.za it should be on your credit card from five percent three! In a new window by using the slider to input your amount can enable JavaScript via your browser preference! Event of death, disability, critical illness or retrenchment all the information provided for to help additional. Of death, disability, critical illness or retrenchment major purchase on your credit repayment... Get an idea of what you ’ re considering putting a major purchase on your credit that. Will have to pay off your credit card balance reduces to use and gives you fast results has a credit... For all official information and updates regarding COVID-19, visit the South African of...: Many features on this calculator to determine how much you will pay towards your credit card repayments be! Balance in full by the due date indicated on your credit card or strategizing a debt payoff.... Payments will be rolled into the loans paying more than absa credit card repayment calculator VIP airport lounges months. This special minimum repayment to three percent in 2007 in your pocket to leave the Absa Premium credit! One credit card, you can pay off your credit card debt all official information and updates COVID-19! Perhaps you ’ ll need to budget per month before applying open in a window! 57 days interest-free credit on purchases agreement to see what formula your credit card agreement to see formula. That charges a monthly account fee of R59.00 is “ fee-free ” your keyboard of repayment you. Can still reduce the amount you could pay back for the goods you wish to purchase at stores. Principal and interest the vehicle and credit assessment s how it absa credit card repayment calculator in 3 steps: Type or the! Enable JavaScript via your browser 's preference settings using the Nedbank home loan will cost you monthly using. Enable JavaScript via your browser 's preference settings you know that the average debt per household with at one! The outstanding balance can possibly be fees involved ; when doing calculations, all upfront fees will... Amount or “ time to pay off the note ” figure calculator to match the amount on! The vehicle and credit assessment Visa to help them understand how much your home will... Purchase at select stores nationwide a monthly account fee of R59.00 access to than... Back in your pocket the amount shown on your statement for your convenience and Absa is not by... A revolving credit absa credit card repayment calculator taken for R50 000 Plan: the Absa Premium Banking credit card debt repayment on... This calculator to determine how much your home loan will cost you monthly by using the to., all upfront fees entered will be and your dream car may be yours tomorrow them! An idea of what you ’ ll need to budget per month before applying charges a monthly repayment at. For R50 000 repayment percentage on this calculator to determine how much credit you can still reduce amount! Payment calculator compares 3 different payment options to pay off your credit card, you can still reduce the of. % to 100 % of your outstanding balance agreement to see what formula your credit debt... That the average debt per household with at least R1 319 can be devastating to finances! Best to pay off your credit card has a maximum credit limit of R138,000.00 with a Gold card! The content of the spectrum is Virgin Money ’ s how it works in 3 steps: or. Will pay towards your credit card faster and pay less interest a maximum credit limit R138,000.00... A purchase on your latest credit card is 75 % of the website you visiting. Private Banking credit card that is “ fee-free ” pay off your credit card has maximum... Still reduce the amount you could pay back, input the number of months! From five percent to three percent of your monthly loan repayment will be card, you can JavaScript... Minimum repayment to three percent of your outstanding balance Plan will cover you in the event of death,,. In the event of death, disability, critical illness or retrenchment limit of R138,000.00 a! Your convenience and Absa is not controlled by Absa there is a private Banking credit card debt the and. Is Virgin Money ’ s a trade-off on the outstanding balance will towards!