Tag Archives: credit card

ABSA Credit Card Cancelled and Replaced… but Not by Me My Life 21 JAN 2016

Two or three weeks ago, I got a cryptic SMS from ABSA essentially saying, “Oh it looks like you have a problem with your credit card. Ignore if you’ve already reactivated or else go into a branch for assistance”.

Okay. The fact that my credit card was then declined whilst trying to pay for Emily’s birthday supper at Spur confirmed the fact that ABSA had indeed seen it fit to cancel my card on my behalf.

Not that I was informed of course. Maybe their fraud algorithm picked something up? Maybe pirates were seen close to Gordon’s Bay? Who knows – I certainly don’t!

Look, there probably was a good reason for the cancel, and one day when I’m privy to it I’m sure I’ll be pleased – after all, when it comes to my money, “rather safe than sorry” is the go to policy! (Still, an informative e-mail, SMS or phone call would have been rather nice!)

A couple of days later (not debilitating because I still have my debit card – it just costs me money every time I swipe it!), I received a phone call from UTI couriers asking me to verify some personal information and who then informed me that they would be delivering my card in a couple of working days’ time.

I got to choose between having it dropped off at home or work – to which I responded home, seeing as thanks to my knee I am here pretty much 24/7 at the moment.

(Also, luckily for me, an SMS from ABSA arrived shortly after, just to let me know that UTI would be contacting me – meaning that I didn’t necessarily just fall prey to a scam. Oops.)

Anyway, a lot more business days than promised passed, and so eventually I looked up the ABSA Credit Card division number to find out what is up with my delivery. After holding the line for a bit, the helpful operator informed me that UTI had in fact dropped off my credit card in the complex’s single, communal post drop off point – yesterday.

Say what?!?

I know that technically the card can’t be used until activated, but I can’t say that it makes me feel particularly comfortable that a card together with my details were happily lying there for anyone with an smidgen of bad intentions (hello Internet) to take advantage of.

ABSA’s twitter account was quick to respond to my query, asking if I had opted for the “knock and drop” option, and after a brief exchange I gave them my details and escalated my concerns. (The fact that the “knock and drop” option even exists worries me slightly, mind you!)

Anyway, so now I have a new and shiny credit card after two or so weeks of not having one – without even asking for it.

uti courier van in south africa

Suicidal Spending My Life 08 MAY 2008

Credit CardWow, this setting up of a new life in Gordon’s Bay is costing me an arm and a leg. Last month was a heavy month to say the least, but I thought that we had finally got everything done and dusted and I could finally start restocking my finances just a little bit at last. But, and quite unfortunately of course, there are always those unforseens to deal with. Sometimes they are little, like replacing a fish tank, and sometimes they are large, like replacing a fridge (which was not on our original plan, but a change of plans in Andrea’s new life means we need to get a new fridge ASAP).

Of course, the way in which I handle my money means that I always have reserves and that this isn’t a problem per say, but unfortunately it does push back and delay other plans and luxuries that now unfortunately will just have to wait a little while longer. This isn’t a huge problem for me and the type of person that I am, but for others this is unbearable and almost unacceptable – which is probably why credit cards were invented in the first place.

A good example of this ‘suicidal spending’ as I like to call it came from my buddy Nur on Monday. His buddy just purchased a top of the range, humungous Samsung flatscreen TV over the weekend, the price of which came to well over R15 000. The screen itself is a piece of art, beautiful when on and gorgeous when off and so, so worth it. Unfortunately the new owner is not quite as happy as he should be though – he has just realized that he needs to sell his car because he cannot afford all his current repayments now!

And of course, with the rapidly rising cost of living, what with the huge jumps in the price of staple foods like rice and wheat and of course the ever rising price of fuel (finally my sister pays more than me, thanks to diesel surpassing petrol at last), it is no wonder that I am hearing more and more of these stories every day.

Of course, I do have sympathy for those barely surviving above the breadline, but for those fools who don’t know anything about buying only that which they can afford and when they can afford it, my heart bleeds only custard – thick lumpy custard at that. Don’t you know that you can only live the ‘high life’ if you actually earn the ‘big bucks’? Silly people.

Okay, so maybe I sometimes appear cheap to a lot of people, but my money matters are always solid and I never have to worry about running out of cash – even if I am required to buy a fridge every now and then! How many other people can say that? Spend what you have, nothing more and maybe just a little less.

Suicidal spending? I don’t even know how to get a credit card – or where my nearest physical bank branch at the moment is for that matter! :)