Consumers are being warned against falling into a debt trap as festive season shopping kicks off at the end of the month.
Economists say a cut in interest rate would not have had a significant impact on growth.
The petrol price will go up by a hefty R0,74 cents per litre at midnight. Diesel will go up by between R0,91 and R0,93 cents per litre.
Economist says the decision by the Reserve Bank to keep rates unchanged will provide consumers with space to start 2019 on a positive note