Methodology

How we actually rate products

No bank decides where it appears on this site. Here is the exact process we use to rank every credit card, loan, and insurance product — in plain language, with nothing hidden.

Our Process, Step by Step

Every product on RandWise goes through the same four-step process before it ever appears on the site. We don't make exceptions, and we don't let any institution skip ahead of this process in exchange for advertising spend.

01

Source the real terms

We pull pricing directly from each provider's official website and disclosure documents — not press releases or marketing pages.

02

Model real spending

We calculate annual value using typical South African spending patterns: groceries, fuel, data, and school fees.

03

Score against our criteria

Every product is scored on the same weighted criteria below — applied consistently, regardless of partnership status.

04

Re-verify monthly

Fees and terms change. We re-check every listed product at least once a month and update rankings when anything shifts.

What We Actually Score

For credit cards specifically, we weight five factors. The exact weighting differs slightly for loans and insurance, but the principle is identical: cost to the consumer carries more weight than any single reward feature.

FactorWeightWhat We're Measuring
Total annual cost35%Monthly fee × 12, plus typical transactional fees
Real rewards value25%What the rewards are actually worth in rand for typical spending, not the advertised maximum
Accessibility15%Minimum income requirement and how easily an average applicant qualifies
Fee transparency15%How clearly the provider discloses fees versus burying them in fine print
Reader feedback10%Verified reader experiences and satisfaction reported to us directly
Why Cost Is Weighted Highest

A card with an exciting rewards programme is worthless if the fees outweigh what you earn back. We've found that South Africans are far more likely to overpay due to a flashy rewards pitch than to underpay because a card lacked rewards. Weighting cost highest protects readers from the most common and most expensive mistake.

What We Will Never Do

An Honest Note on Our Affiliate Relationships

RandWise earns referral commissions when readers apply for certain financial products through links on this site. This is how we keep the content free. Our editorial scoring process above happens completely independently of which providers we have commercial relationships with — see our Editorial Standards page for the firewall between our editorial and business teams.

See the rankings for yourself

Compare every major South African credit card side by side using this exact methodology.

View Top Cards →