The Iemas Purchase Card - Credit Option
This card option offers you a credit limit and budget facility based on your financial assessment.
The card purchase month runs from the 16th of a month to the 15th of the following month.
The total amount spent on the card over this period must be settled in full by the last day of the month following the 15th.
Qualifying Criteria
To apply for an Iemas Purchase Card with credit option, you must be older than 18 years and earn an income of R12 000 per month.
You must also be able to present a valid ID / Passport; latest payslip or 3 months’ bank statements and proof of residential address.
You must also be able to present a valid ID / Passport; latest payslip or 3 months’ bank statements and proof of residential address.
Features and Benefits
PIN-enabled card for a safe and secure shopping experience.
Online member portal for easy management of your account.
Access to other financial products and services offered by Iemas.
You will have an opportunity for greater earnings with the new Iemas Rewards programme if you have an Iemas Purchase Card.
Online member portal for easy management of your account.
Access to other financial products and services offered by Iemas.
You will have an opportunity for greater earnings with the new Iemas Rewards programme if you have an Iemas Purchase Card.
Up to 3.5% cashback from Iemas Approved Retailers.
24-hours transactional SMS service.
Up to 45 days interest-free credit.
Additional cards for family members.
24-hours member support.
24-hours transactional SMS service.
Up to 45 days interest-free credit.
Additional cards for family members.
24-hours member support.
Fees
Once off joining fee – R11.00
Monthly fee – R43.00
Monthly fee – R43.00
Card replacement fee for any lost, stolen of damaged card – R74.00 per card.
Fuel levy of 1.5% of the transaction value when the card is used to purchase fuel.
Fuel levy of 1.5% of the transaction value when the card is used to purchase fuel.
The personal information we require from you and your consent to process such information are mandatory and we cannot proceed without it.
We will require particulars concerning your identity, contact information, financial information and employment information.
We respect your right to privacy and we will exercise our duties and functions in a lawful and reasonable manner in relation to the processing of your personal information.
We will treat your personal information as confidential and we will not disclose it to third parties without your consent save to the extent that we are legally required or permitted to do so.
You hereby consent and warrant that we, our contractors, service providers and assignees:
- May process your personal information in order for us to provide our products and services to you.
- May obtain from or supply to your bank, your employer or any credit bureau, any personal information lawfully required.
- Where you supply us with the personal information of any other person, you will be legally entitled to do so.