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Overview
Features & Benefits
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Rates & Charges
Overview

The Old Mutual Investment Credit Card Account is unique because you can grow an investment every time you use it. The Old Mutual Investment Credit Card Account is linked to a money market unit trust. Every time you spend on your credit card, a percentage of your eligible* spend will be invested in this money market unit trust.

Card members receive an Old Mutual American Express® Investment Credit Card as well as an Old Mutual Visa Investment Credit Card. Both cards are linked to the same account, with the same credit limit and only one monthly fee. The transactions on each card will be reflected separately on your monthly statement.

*Eligible spend includes local and international purchases, and excludes cash withdrawals, casino chips and traveller’s cheques, purchase fees and finance charges.

Old Mutual Investment Credit Card
Features
  • Invest in a Money Market unit trust every time you spend on the Old Mutual Credit Card.
  • Ad Hoc Contribution Investment option which allows you to top up your investment free of charge (minimum of R500).
  • Two credit cards, both linked to the same account, with the same credit limit and one monthly fee.
  • Free Care 4U benefits that instantly connects you with a comprehensive network of assistance when you need it most.
  • You are automatically linked to the American Express SelectsTM Programme
Rewards Details
  • A money market unit trust will be opened in your name.
  • At least 1% of eligible spend on an Old Mutual American Express® Investment Credit Card will be invested into the trust.
  • With the Old Mutual Visa Investment Credit Card, up to 0.5% of eligible spend will be invested into the trust.
  • Use the Old Mutual American Express Investment Credit Card at one of the selected retail partners, and at least double the investment reward.
Qualifying Criteria
  • Must be 18 years or older.
  • Must earn a minimum of R100 000 per annum.
  • Good credit behaviour on existing accounts with any bank and/or other Retailers.
Interest Rates
Debit Purchases
20.99%
Debit Cash/Garage 20.99%
Balance Transfer 13.50%
Credit 0.25%
Interest free period 55 days
Fees & Subscriptions
Annual Card Fee
R420 (R35 charged monthly)
Supplementary Card Fee Free
Garage Card Fee Not applicable
Annual Rewards Fee Included in monthly card fee
Digital Banking Fee R15.00
Replacement Card Fee Free
Click here to view Charges
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