Builders Credit Card
They know us as the champion suppliers of building materials and equipment but where we build a house we also build the nation through our financial services that can be accessed countrywide.
About – Builders Credit Card
The Builders company is proud to bring South Africans with a valuable credit facility, one that gives our citizens access to cheap credit with low requirements and charges as compared to other institutions.
As a company that cares for the people, we saw it fit to provide credit services since the majority of our people are generally inconvenienced with shortages and lack of funds at various times. Our credit cards come as a gift that will smoothen your financial status on every monthly cycle.
WHAT DOES THE BUILDERS CREDIT CARD PACKAGE CONTAINS?
The credit cards acquired here will allow applicants to access credit facilities of up to R50 000 per cycle. This amount will depend on the credit scores, and the banking profile of the applicant has.
The amounts are accessible for use at any of the point of sale, automated teller machines and cash points that use the RCS system.
The credit amount is provided for an interest-free grace period that lasts for 55 days. Thereon if one fails to settle the balance, they will be charged a variable interest rate depending on the time they take to repay.
CAN I TAKE MORE CARDS FOR FAMILY MEMBERS?
Yes, the Builders credit card gives cardholders unlimited opportunities.
For you and your families’ convenient, the company allows you to make a maximum of three additional cards that can be used by your family or loved ones.
The cards will be used differently but accessing the same credit limit from the main account. The additional cardholders will also be entitled to the same services as the primary cardholder. That way, Builders credit cards have managed to give a taste of financial convenience to borrowers.
DO I NEED TO BE A CLIENT TO ACCESS CREDIT CARDS?
The credit cards issued by Builders work separately from the retail outlet that sale building equipment and materials.
The Builders company has a separate section which is called the Money Centre. Their applicants will be helped with financial services despite being our building clients or not. Our credit cards were meant to give buyers easy access to funds. Also, now we have widened our scope to the extent of facilitating financial inclusion and convenience within South Africa.
This is why people will not be required to be clients with our building retail outlet to qualify for credit cards.
CAN I OBTAIN A CREDIT CARD WITH LOW CREDIT SCORES?
The builder’s company understands the reasons why people find themselves as victims of late payments or defaults.
The vast of the reasons will be beyond one’s ability and so clients will not be able to do much to prevent it. With that, our company allows everyone to access credit services, that is why our credit cards are granted to people with low credit scores. The only difference is that; your credit allocation will depend on your credit profile.
That is, if you have an excellent credit score, you will enjoy higher credit limits and vice versa when the credit scores are low.
HOW DO I REPAY THE CREDIT CARD?
There are three most common ways on which our clients make repayments to our credit cards.
The most common way is the debit order. The applicant’s account will be linked to our bank account on which appropriate amounts will be deducted whenever they are due. The repayments can also take place in the form of EFT transfer, and this is when the applicant will manually make relevant payments through bank transfers.
Our clients can also use the cash to settle for their credit card balances, all that one needs to do is visit one of our branches, get to the money centre’s and pass their requests.
Our company is proud to own one of the most straightforward processes and requirements for the South African residents to have credit cards.
Our applicants will need to have a minimum salary of R2 000, which will be received through the bank, the applicants will need to be adults who are above the age of 18.
In addition to that, applicants will be required to submit the following documents during the application process.
- South African National identity card or Valid South African driver’s license
- Proof of residence not older than three months
- Latest pay slip from the current employer
- Bank statement covering the last three months
HOW DO WE APPLY FOR CREDIT CARD WITH BUILDERS WAREHOUSE?
The most straightforward part of obtaining our credit cards will be making an application.
Applications can be made online or at one of our branches’ money centre sections. The applicants will need to fill their personal and financial information before attaching required documents. When the application is approved, applicants will be called to collect their credit cards by the relevant Builders branch.
This is how Builders make your way to financial freedom an easy walk.