In 2022, the TymeBank Credit Card was launched in partnership with RCS, aimed at customers who wanted a simple, everyday credit facility.
This article explains how the card works, typical interest rates and fees, usual application steps, and how to contact the bank.
It also highlights an important update: as of 2025, new applications appear to be temporarily on hold.
What is the TymeBank Credit Card?
The TymeBank credit card is a Visa credit card used for in-store and online purchases both locally and internationally at most merchants that accept Visa.
It targets everyday spending, travel and bigger purchases, with features such as tap-and-go payments and up to 55 days’ interest-free credit.
Cardholders can also earn Pick'n Pay Smart Shopper points on their spending, and earn double points when they pay at Pick'n Pay with the card.
Credit granting and limit setting are carried out by RCS in line with the National Credit Act (NCA), based on your income, expenses and credit history.
Current status in 2025: can you still apply?
Recent reviews and product checks show that the TymeBank credit card is no longer prominently listed among TymeBank’s main products.
According to these sources, TymeBank has indicated that new credit card applications are temporarily on hold until further notice.
This means that the steps below reflect how the application process normally works when the product is open, not a guarantee that you can apply today.
Before you start, you should confirm the latest status directly with TymeBank’s customer care team or via its official channels.
Interest rate and main fees
When the TymeBank credit card launched, the bank stated that the card charges 18% interest per year on outstanding balances.
Other key points that have been reported include:
- Interest-free period: Up to 55 days’ interest-free period when you pay your full outstanding balance by the due date.
- Initiation fee: A once-off initiation fee in the region of about R160.
- Monthly service fee: A monthly fee in the range of around R40–R60, depending on the source and period.
- Credit insurance: Optional credit insurance at roughly R4.50 per R1 000 of balance, in line with local regulations.
These figures are examples from media and comparison sites, not official up-to-the-minute pricing.
TymeBank and RCS can update rates and fees at any time, and your exact interest rate must comply with NCA caps and will depend on your credit profile.
Always rely on the pre-agreement statement, quotation and latest pricing guide provided by TymeBank/RCS before you sign.
Who usually qualifies? (Eligibility criteria)
Based on TymeBank’s launch announcements and later reviews, the typical basic requirements to qualify for the credit card are:
- You are 18 years or older.
- You are a South African citizen or permanent resident.
- You have a valid South African ID or driver’s licence.
- You earn at least R3 000 per month.
- You are employed or have a stable, verifiable income.
You have an existing South African bank account to pay via debit order.
On top of these minimum criteria, RCS performs an affordability and credit check to decide whether to approve you and what credit limit to offer.
Documents you typically need
When applications are open, you can expect to provide the usual NCA-compliant documentation.
Valid South African ID or driver’s licence. Proof of income – latest payslip and/or three months’ bank statements
Proof of residential address not older than three months. Bank account details for the debit order
Having these ready before you start speeds up processing and reduces the risk of your application being delayed.
How to apply when the card is available
If TymeBank reopens applications, the general process is likely to look similar to what has been described previously by the bank and comparison sites.
Start your application online or via the app
Visit the official TymeBank website and look for the TymeBank credit card page, or
Log in to the TymeBank app if the card is listed there as an available product.
Enter your personal and employment details
Provide your ID number, contact information, employer details, monthly income and expenses.
This data is used for affordability checks.
Upload supporting documents
Attach your payslips, bank statements and proof of address as requested in the online form.
Credit and affordability assessment
TymeBank and RCS assess your application under the National Credit Act. They may contact you for additional information if needed.
Approval, card issue and activation
If approved, your card is produced and delivered, usually within several working days, depending on your location.
You then activate it by following the instructions sent via SMS, email or the app.
Because availability and processes can change, always follow the steps and instructions shown on TymeBank’s official site or app at the time you apply.
Managing repayments and using the card wisely
Public information and reviews highlight that you can repay your TymeBank credit card via debit order from your bank account.
Also, by making electronic transfers, with options to pay the full amount or at least the minimum due.
To avoid interest charges at the 18% rate, you should settle your full balance within the interest-free period.
Because this is unsecured credit
Keep your spending within your budget. Track your statement dates and payment due dates.
Pay more than the minimum whenever possible.
Contact customer care early if you struggle to repay.
TymeBank official contact details and address
Phone (South Africa): 0860 999 119
Email: service@tymebank.co.za
Head office/compliance address
TymeBank Limited
30 Jellicoe Avenue, Rosebank
Johannesburg, 2196
South Africa
These contacts are taken from TymeBank’s official legal and contact information and are the safest way to confirm the current status of the credit card product.
Conclusion
The TymeBank Credit Card was launched as a simple Visa credit card with a flat 18% interest rate on unpaid balances.
However, recent information indicates that new applications are temporarily on hold.
If and when applications reopen, follow the official online process, read all cost disclosures carefully, and use the card in a way that fits you.
Disclaimer: This article is for general information only and is based on publicly available sources as of late 2025. Interest rates, fees, eligibility criteria, and product availability for the TymeBank Credit Card can change at any time, and only TymeBank and its credit partner, RCS, can provide the latest official terms. This is not financial advice; before applying for or using any credit product, you should consult the official TymeBank documentation and, if needed, speak to a qualified financial adviser.
