The Avant® Mastercard® is a solid option for South Africans looking to rebuild or establish their credit score. With a competitive ongoing APR of 35.99%, no annual fees, and quick qualification, it targets consumers with low or bad credit. Instead of requiring a security deposit, Avant simplifies the application process and provides spending flexibility within your assigned limit.

How to Apply for the Avant® Mastercard®

1. Check your credit score and eligibility online.
2. Complete the online application form with your details.
3. Submit required documentation if prompted (ID, proof of income).
4. Review and accept the terms and conditions.
5. Wait for your approval and receive your card in the mail.

Main Advantages

One major advantage of the Avant® Mastercard® is its accessibility for people with lower credit scores, increasing your chances of building positive credit history. Additionally, the lack of annual fees makes this card appealing for budget-conscious individuals.

Unlike many competitors, Avant offers prequalification, ensuring that you know your approval odds before you apply, minimising impact on your score.

Potential Drawbacks

The 35.99% APR is high compared to some cards, so carrying a balance may be costly if you’re unable to pay in full each month.

Also, the card does not currently reward users with cashback or points, which may deter those seeking more ongoing benefits from their spending.

Verdict

Overall, the Avant® Mastercard® is well suited for those aiming to bounce back from credit difficulties or establishing credit for the first time. Its no-fee setup and simple approval process outweigh the higher interest rate for users who pay on time and use the card wisely.