One of the most sought-after retail formats in South Africa is Jet, a prominent brand under the TFG (The Foschini Group) umbrella.
Many consumers are attracted to the credit shopping facility offered by Jet in the form of a Jet account. This article provides a detailed guide on how you can apply for a Jet account, either online or in-store.
A Jet account allows you to shop now and pay later, making it a valuable financial tool for South Africans.
This payment method is convenient, flexible and offers several benefits, such as exclusive offers and the ability to build a credit history. Whether you prefer to apply online or in person, this article will guide you through the process of opening a Jet account.
If you’re interested in taking advantage of the benefits offered by a Jet account, read on for step-by-step instructions and answers to frequently asked questions about the jet account application process.
Online Jet Account Application
For those who value convenience, applying for a Jet account online is the ideal option. Here’s how you can do it:
Step 1: Access the TFG Money Account application page
Begin your jet account application by visiting the TFG Money Account application page on their official website.
Step 2: Choose Jet as Your Preferred Brand
On the application page, navigate to a dropdown menu to select ‘Jet’ as your preferred brand.
Step 3: Complete the Online Form
You will need to provide a range of personal information to complete the application. This includes your full name, contact details, date of birth, gender, and other relevant information.
Step 4: Select Your Repayment Plan
TFG offers two repayment plans for Jet accounts – a six-month or a twelve-month instalment plan. Choose the plan that best suits your financial situation.
Step 5: Submit Your Personal Details and Proof of Income
To assess your eligibility for a Jet account, TFG requires proof of income (such as payslips) and acceptance of the terms and conditions. This ensures both parties are aware of their obligations when opening a Jet account.
Step 6: TFG Reviews Your Application
After you’ve submitted your application, TFG will review your documents and conduct checks with various credit bureaus to assess your eligibility and the associated risk level. Once your application is approved, you will receive confirmation and further instructions on how to get your store card.
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In-Store Jet Account Application
If you prefer a more traditional approach, you can apply for a Jet account in any Jet store or other TFG brand. Here’s how the in-store jet account application process works:
Step 1: Visit a Jet Store or Other TFG Brand
Start by visiting your nearest Jet store or any other TFG brand offering this service.
Step 2: Submit Your Application with Required Documents
At the store, a staff member will assist you with your application. You will need to provide your ID or driver’s license and proof of income.
Step 3: Sign the Final Credit Documents at The Store
Once your application is approved by TFG, you will need to sign the final credit documents at the store.
Step 4: Get Your Activated TFG Account Card
After completing all the paperwork, you will receive an activated TFG account card. This card allows you to make purchases on credit at Jet stores or any other participating TFG brands.
Eligibility Criteria for a Jet Account
There are certain eligibility criteria you need to meet to open a Jet account. These include:
- Age Requirement: You must be at least 18 years old to apply for a Jet account.
- Employment Status: Employed individuals, pensioners, or students with a valid ID can apply.
- Student Criteria: Students applying for a Jet account should have been studying for more than one year at an accredited institution.
- Required Documents: You will need to provide a valid South African ID, proof of residential address, and your three most recent payslips or bank statements.
Approval Process for a Jet Account
The approval process for a Jet account varies depending on whether you apply online or in-store.
Online Application
The online application process typically takes around 48 hours. After submitting your application, TFG will review your documents and may contact credit bureaus to access your credit profile. If approved, you’ll receive confirmation via SMS or email.
In-Store Application
The in-store application process usually takes between 3-5 working days. After submitting your application and documents in-store, TFG will process your application and send you an SMS notification once approved. They’ll then provide you with an activated TFG account card.
Benefits of a Jet Account
Having a Jet account offers several benefits, including the ability to shop on credit, access special promotions and discounts, and build a credit history.
Shop on Credit and Pay in Installments
With a Jet account, you can shop on credit and pay off the balance in installments, making it easier to manage your finances.
Access to Special Promotions, Discounts, and Exclusive Offers
As a Jet account holder, you’ll have access to exclusive promotions and discounts.
Build Credit History
Making regular, timely payments towards your Jet account can help build a positive credit history, which is beneficial when applying for loans or mortgages in the future.
FAQ
Here are some FAQs to further clarify the process of a Jet account application
