Sanlam Money Saver Credit Card: How to Apply

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If you’re looking for a simple and effective way to boost your savings while managing your everyday spending, the Sanlam Money Saver Credit Card could be the ideal choice. Designed to make saving effortless, this card allows you to earn up to 5% Wealth Bonus on every qualifying transaction, helping you grow your money while enjoying the convenience of a credit card.

In this article, we’ll show you how to apply for the Sanlam Money Saver Credit Card and how to take full advantage of its innovative savings features and rewards.

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Why Choose the Sanlam Money Saver Credit Card?

The Sanlam Money Saver Credit Card is unique in its approach to saving and rewards. Here’s why it stands out:

  • Earn up to 5% Wealth Bonus on everyday purchases.
  • Enjoy guaranteed savings at TotalEnergies, with R1 back per litre of fuel.
  • Access a growing network of Reward Partners for even more savings.
  • Manage your card and track your Wealth Bonus easily online.
  • Flexible options: choose between commit-to-save or standard earning.

By making this card your go-to option for spending, you can steadily build a valuable savings cushion over time.

Who Can Apply for the Sanlam Money Saver Credit Card?

Before you apply for the Sanlam Money Saver Credit Card, make sure you meet the basic eligibility criteria:

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  • Be at least 18 years old.
  • Be a South African resident with a valid SA ID or valid passport and work permit.
  • Have a valid South African bank account for billing and repayments.
  • Possess a good credit record and a healthy credit score.
  • Be able to provide the required supporting documentation.

If you meet these requirements, you’re ready to apply and start earning Wealth Bonus on your purchases.

How the Wealth Bonus Works

The core feature of the Sanlam Money Saver Credit Card is the Wealth Bonus, a unique savings reward system that grows alongside your spending:

  • When you swipe your card, up to 2.5% of the purchase value is contributed to your Wealth Bonus.
  • If you commit to the co-saving option, Sanlam matches your contribution with an additional 2.5%, bringing your total savings up to 5% per qualifying transaction.
  • Wealth Bonus can be paid out as cash quarterly or annually, giving you flexibility on how to use your savings.
  • Your Wealth Bonus grows across all eligible purchases and is visible through your Sanlam online account.

This system allows you to turn everyday spending into long-term savings, seamlessly and automatically.

Reward Partners and Extra Savings

You can boost your savings even further by shopping at Sanlam Money Saver Credit Card Reward Partners:

  • TotalEnergies: Get R1 back per litre of fuel — guaranteed.
  • Nu Metro: Earn up to 5% Wealth Bonus on movie tickets and concessions.
  • Tiger Wheel & Tyre: Earn up to 5% Wealth Bonus on tyres, batteries, and services.
  • Tyres & More: Earn up to 5% Wealth Bonus on all purchases.

The growing list of partners makes it easy to earn extra rewards on many common spending categories.

Flexible Options for Every Cardholder

The Sanlam Money Saver Credit Card offers flexible ways to save:

  • Commit-to-save option: If you commit to co-saving, you’ll earn the full 5% Wealth Bonus (2.5% from Sanlam, 2.5% from you).
  • No-commit option: If you prefer not to commit, you’ll still earn 3% Wealth Bonus on partner transactions (and R1/litre at TotalEnergies).

This flexibility allows you to tailor the card to your personal savings goals and spending habits.

How to Apply for the Sanlam Money Saver Credit Card

Applying for the Sanlam Money Saver Credit Card is a quick and straightforward process. Here’s what to do:

  1. Visit the official Sanlam Money Saver Credit Card page.
  2. Click on the “Apply Now” button.
  3. Complete the online application form with your personal and financial details.
  4. Upload your supporting documents:
    • Valid SA ID or passport and work permit.
    • Proof of residence (utility bill or bank statement).
    • Proof of income (recent payslips or bank statements).
  5. Submit your application for credit assessment.
  6. Once approved, your card will be issued and delivered to you.

Alternatively, you can request a call back from a Sanlam consultant if you’d like to discuss the card options in more detail before applying.

Fees and Costs to Understand

Before applying, it’s important to review the fees and costs associated with the Sanlam Money Saver Credit Card:

  • Monthly account fee: As per Sanlam’s latest fee schedule.
  • Interest-free period: Up to 55 days on qualifying transactions, if the balance is paid in full.
  • Interest rate: Personalized based on your credit profile.
  • Additional fees: May include late payment penalties, foreign transaction fees, and optional insurance cover.

Be sure to review the Terms and Conditions carefully so you know exactly what to expect.

Managing Your Card and Wealth Bonus

Sanlam makes it easy to manage your Money Saver Credit Card and track your Wealth Bonus:

  • Log in to your Sanlam Reality account to view your accumulated Wealth Bonus.
  • Choose how and when you want to receive your Wealth Bonus (quarterly or annually).
  • Receive alerts and statements to help you track your savings progress.
  • Access full card controls and manage transactions via your Sanlam online profile.

This transparency and control ensure that you always know how your rewards are growing.

Tips to Maximize Your Savings

To make the most of your Sanlam Money Saver Credit Card, follow these tips:

  • Commit to the co-saving option to unlock the full 5% Wealth Bonus.
  • Prioritize spending at Reward Partners to earn the maximum possible rewards.
  • Use your card consistently for everyday purchases.
  • Take advantage of R1 back per litre at TotalEnergies — it’s guaranteed savings!
  • Track your Wealth Bonus regularly and celebrate progress toward your savings goals.

By following these strategies, you can steadily grow a valuable Wealth Bonus balance while managing your spending responsibly.

Final Thoughts

The Sanlam Money Saver Credit Card is a fantastic option for anyone looking to integrate savings into their daily financial habits. With up to 5% Wealth Bonus, guaranteed fuel savings, and the flexibility to choose how you save, this card helps you achieve your financial goals with minimal effort.

If you’re ready to start building your Wealth Bonus and enjoying the convenience of an easy-to-use credit card, applying for the Sanlam Money Saver Credit Card is a smart next step. Visit Sanlam’s website today, complete your application, and start saving every time you swipe.

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