Absa eases access to convenient financing with credit cards

In a bid to provide convenient financial services, Absa Bank Uganda is encouraging customers to sign up for the Absa credit cards which offer up to 50 interest free days.

The bank has launched a new campaign named 'Everybody deserves a Bestie Kabisa, whose purpose is to demonstrate the various ways customers can use credit cards to access financing at their convenience.

"We continue to notice a trend among customers who now seek convenience, modern lifestyle, holistic experiences and value offerings. The Absa credit card enables customers to utilize their credit limits to pay for goods, services, subscriptions, travel and any other expenses both in-store and online said Musa Jallow, Retail and Business Banking Director, Absa Bank Uganda.

With the Absa credit card, customers can choose flexible repayment plans at reduced interest rates, move money from their credit cards into their personal accounts and Mobile Wallets through credit card Initiated Payments and also receive benefits such as 50 days interest free.

Customers can also instantly send money off their credit cards to any Visa cardholder worldwide using the Absa Card Send feature.

Customers choosing the Absa Platinum credit card enjoy extended benefits such as Purchase Protection, reward miles for every shilling spent and can get as many as 4 supplementary cards to ease payments for their loved ones.

The credit card offerings are in response to a shift and preference for digital payment systems among the population driven by the movement towards cashless transactions.

“We have seen increased demand for these services evidenced by an increase in acquisition of credit cards. Absa currently issues over 70% of all credit cards in the market translating into  92% of payment volume These numbers are a testament to our dedication to constant innovation to provide high-quality and affordable banking services through our wide variety of financial solutions,” Jallow added.

He further encouraged customers to sign up with the assurance that the registration process is quick and easy.

“We encourage people to sign up for an Absa credit card to unlock benefits such as favourable interest rates, ability to choose a payment plan on their credit cards that suits them and enjoy simple and convenient payment plans through a host of digital channels available at Absa including internet and mobile banking,” Musa Jallow concluded.