Equity Bank Classic Visa Credit Card

The Equity Bank Classic Visa Credit Card offers a low interest rate of 1.5% per month with a 45-day interest-free period and revolving credit.

Last checked on June 13, 2026. We may earn a commission when you click through.

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✓ Lowest interest rate at 1.5% per month ✓ 45-day interest-free period ✓ Revolving credit feature
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Equity Bank Classic Visa Credit Card

Visa

Our Verdict

This card is those seeking low-interest credit options in Kenya.

What it really costs

Annual feeKES 2,500/yr plus KES 2,500 joining fee $2.5k
APR Range 18% – 18%

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Who it's for

Ideal for those who need a straightforward credit card with a low interest rate and no rewards to complicate usage.

Watch out

Keep in mind the joining fee and the lack of a rewards program when considering this card.

The good and the not so good

  • Lowest interest rate at 1.5% per month
  • 45-day interest-free period
  • Revolving credit feature
  • Annual fee of KES 2,500
  • Widely accepted Visa network
  • No rewards program available
  • Limited discounts at selected shops
  • Joining fee of KES 2,500
  • Higher APR of 18% for unpaid balances
  • Not ideal for frequent travelers

In-Depth Review

This card's **1.5% monthly interest rate** is highly competitive, especially for those who may carry balances. The **45-day interest-free period** is also appealing for short-term financing needs. However, the **18% APR** on unpaid balances can accumulate quickly, making it less favorable for long-term debt. With an annual fee of **KES 2,500** and an additional joining fee of **KES 2,500**, prospective cardholders should evaluate their spending habits. Unlike cards that offer rewards or cashback, this option focuses on low interest, which may not appeal to every user. Customer feedback indicates satisfaction with the card’s basic functionality, but there's a notable absence of a rewards program. Users seeking benefits like points or cashback may want to explore alternatives such as the KCB Visa Credit Card, which offers rewards for purchases. According to Equity Bank's official site, this card provides essential features without the frills, catering primarily to budget-conscious individuals.

Summary

The Equity Bank Classic Visa Credit Card is a practical choice for those prioritizing low interest rates over rewards, despite some fees.

What cardholders say

Cardholders appreciate the low interest rates but express disappointment over the lack of rewards and discounts.

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