If you need a card that's going to let you big money purchases, check out the Cooperative Bank Credit Card. This card can help you out when you find yourself hit with a bill for an expensive item that you don't have the money for.
Cooperative Bank offers an easy, convenient, and reliable payment product in the form of a Visa credit card. And you can use that card to buy big-ticket items as well as everyday things like groceries, fuel, dining, and more.
When looking into a new credit card, you need to make sure it has what your lifestyle needs. Things to look out for include interest rates, late fees as well as the rewards you get. We've got the details for you on all that up next.
What Are The Benefits Of The Cooperative Bank Visa Credit Card?
The Gold Visa Credit Card is a premium card with added benefits for cardholders. The best feature of this credit card is the higher spending limit, designed for big purchases within Kenya or overseas. This card is accepted to more than 24 million locations.
Another reason to love this credit card is the special discounts of up to 15 percent to 55,000 hotels worldwide and boutique stores. By presenting the card, you can automatically access the merchant discounts globally.
Need additional credit? The Gold Visa Credit Card gives cardholders up to Ksh 50,000 cash advance per day, subject to the availability of funds. You can withdraw cash but note that there’s a fee associated with every cash advance and withdrawal.
What Are The Fees?
The average interest rate of credit cards in Kenya ranges from 1.8 percent to 3.5 percent or more, depending on the bank. You can contact Cooperative Bank for the detailed list of the fees and charges of the Gold Visa Credit Card.
How To Apply For A Cooperative Bank Card
The bank doesn’t support an online application, therefore you need to drop by at the nearest Cooperative Bank branch. To sign up for the Cooperative Bank Gold Visa Credit Card, make sure to bring copies of supporting documents and submit them to a branch.
The Gold card requires three months of current and certified bank statements, a recent copy of payslip, a copy of PIN certificate, valid identification cards, and one passport size photo.
Self-employed applicants can also sign up for this credit card. Additional requirements like a certified copy of the KRA PIN Certificate and borrowing history are needed.
Cooperative Bank Contact Information
Do you have concerns and inquiries about the credit cards? You can dial 020-327-6000 to reach Cooperative Bank or email customerservice@co-opbank.co.ke. For SMS, simply message 16111 or send a message to Whatsapp number 0736-690-101.
The head office is located at Co-operative House, Haile Selassie Avenue, Kenya if you need to personally talk to a representative.
Cooperative Bank Visa Credit Card Conclusion
The Cooperative Bank Visa Credit Card is a great tool for making purchases in Kenya as well as overseas. The big difference with this card is that you can use it for both large purchases as well as the smaller stuff and still get the payback terms.
*Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.
