Banking news archive

archive of flight surveys carried out on South African flights between Johannesburg, Durban and Cape Town

31 Jul 2008	ABSA Bank SA announces that they now have over a million online clients.
24 Jul 2008	ABSA Bank South Africa launches a prepaid debit card.
19 Jul 2008	Kulula sent me a questionairre today about the Kulula-Liberty venture.
27 Jun 2008	Banking enquiry report to the Competition Commission.
22 Jun 2008	On my latest Absa credit card statement - they're giving me interest on credits of 5.5% and charging 18.5% on debit balances, the service charge for me is R50 per month.
22 Jun 2008	Soon I'll get a free flight with Kulula - using my Kulula credit card I've now accumulated R309 worth of Kulula moolah (in one month).
15 Jun 2008	They call them the big four and we want to make sure that we've got them covered. We've set up pages focussing on First National Bank, Nedbank and the Standard Bank of South Africa.
10 Jun 2008	Absa & FNB introduce a 5% deposit requirement on home loans.
10 Jun 2008	Steve Booysen announces in Johannesburg that ABSA Bank will renew its sponsorship of Currie Cup rugby for another 5 years.
7 Jun 2008	Credit card fees at FNB are increasing (well, especially for gold and platinum credit card holders).
31 May 2008	There's a bunch of new Kulula credit card ads.
29 May 2008	My first Kulula.com credit card statement.
28 May 2008	ABSA starts offering fixed repayments for ten years for its home loan clients.
27 May 2008	My Kulula PIN number finally arrives.
25 May 2008	Just finished spending my first R1000 on my Kulula credit card and earned my first R200 Kulula moolah (Kulula are running a special in this regard).
22 May 2008	I've been spending on my Kulula credit card and am impressed with their email and sms communication.
22 May 2008	A couple of photos of the innovative packaging the Kulula credit card arrives in.
20 May 2008	Having completed a pilot studying involving some 200 flights, 1time airline and ABSA are teaming up to providing banking in the air.
19 May 2008	I've been waiting for over a month to say this (admittedly, some of the waiting being my own doing) - my Kulula credit card has arrived - cant wait to do some spending (I need to spend R1000 in the first month to get my Kulula voucher).
13 May 2008	Virgin Money credit cards are now offering 9% interest on positive balances and are charging 20% on negative balances.
4 May 2008	Right, I've applied for a Voyager classic credit card today. Analysed their site, and it doesn't work properly in Firefox (eventually gave up and used Internet Explorer).
2 May 2008	ABSA bank receive a provisional licence from the Bank of Namibia to operate a commercial bank in Namibia.
28 Apr 2008	Decided I should apply for an African Bank Credit Card, since I've already applied for a Kulula credit card and a Virgin credit card (and we're advertising the African Bank credit card).
28 Apr 2008	Just applied for a Virgin Money credit card. It was a bit of a different experience to applying for a Kulula credit card - much shorter application process, but they seem to want to contact you to get most of the info (whereas Kulula processes more info in their application).
27 Apr 2008	When you apply for an FNB credit card, do they have the world's fastest reponse time to your application? They claim so.
27 Apr 2008	It's been 15 days since I applied for my Kulula credit card, but I still don't have the jolly piece of plastic - I need to properly meet the Kulula proof of income requirements.
25 Apr 2008	Fitch downgrades Barclays to an AA rating, at the same time downgrading ABSA Bank. Barclays is not as well capitalised as its competitors.
22 Apr 2008	In preperation for purchasing a Virgin Money Credit Card, I've been studying the Virgin credit card terms and conditions, and contrasting them with the Kulula credit card. There are some interesting and some mundane differences (like whether you have to sign with a ballpoint pen or not!).
18 Apr 2008	I faxed off my signed application form, ID and proof of salary to Kulula today - let's see how long they take to get me my Kulula credit card.
18 Apr 2008	ABSA purchases a controlling interest in Woolworths Financial Services, which runs Woolworths-branded credit cards and in-store accounts.
12 Apr 2008	It's a couple of days since I applied for my Kulula credit card, and Kulula are following me up to check when I'm sending my ID, signed application and proof of salary.
12 Apr 2008	Here's my Kulula credit card quotation.
12 Apr 2008	Here's how I went about applying for a Kulula credit card.
12 Apr 2008	I'm preparing to purchase a Kulula credit card and have just finished wading through their detailed and complex terms and conditions stuff (they call it the "legal stuff") - my Mom suggested to me when I was young and impressionable that I always read things before signing them, and this time I've gone one better. Here's a summary of the Kulula card conditions.
9 Apr 2008	I wrote to Kulula's credit card division and asked them 22 questions about the Kulula credit card terminology. They were nice enough to write back (well, actually the reply came from an FNB email address).
7 Apr 2008	ABSA is offering free online security software (PC-Cillin), to help its customers bank safely online.
6 Apr 2008	Standard Bank are revamping their website. We look at how the Standard Bank website has evolved over the last few years.
26 Mar 2008	Between one and two in the morning, an ABSA Automatic Teller Machine in Johannesburg is bombed. The ATM is in the Bergsig shopping centre. Fortuanately, nobody was injured and no cash was stolen.
24 Mar 2008	Just realised that there's also a British Airways credit card. Think we've now got the set of airline-branded credit cards in South Africa covered (unless there's a Mango, 1time or Nationwide credit card lurking out there somewhere).
22 Mar 2008	We've covered the Kulula credit card, we've covered the SAA Voyager credit card, and so it makes sense that we also cover the Virgin credit card (and when 1time, Nationwide and British Airways come out with branded credit cards we'll cover them too).
21 Mar 2008	It's not just South African Airways (SAA) that have issued a credit card (the Voyager credit card), there is also a Kulula credit card (underwritten by First National Bank - SAA chose Nedbank).
16 Mar 2008	Some of the airlines in South Africa have launched credit cards. South African Airways (SAA), for instance, offers an SAA credit card issued by Nedbank, whereby you can accumulate Voyager miles for rands spent.
Mar 2008	ABSA has appointed Happy Ntshingila as an executive director responsible for marketing and communications functions. Ntshingila, born in 1960, studied for a BA degree at Fore Hare University; before working at Vodacom, IBM and co-founding Herdbuoys advertising agency and finally ABSA.
19 Mar 2008	Meeg Bank, South Africa's only black-owned bank, announces that ABSA is to increase its stake in it by 24.8% to 74.5% at a cost of R53m.
14 Mar 2008	There is a limited amount of banking which tourists do in South Africa. In our never-ending quest to provide complete information to tourists in South Africa, we decided to provide information on ABSA Bank in South Africa.

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