The African Bank Black Credit Card stands out for its attractive combination of high credit limits, competitive interest rates, and instant issuance features. You can qualify for a credit limit of up to R500,000, depending on your credit profile and affordability. Earn up to 3% interest annually on positive balances. If you settle your purchases in full by the due date, you’ll enjoy up to 62 days interest-free—a generous grace period. Monthly fees are transparent, currently set at R69.

How to Apply Step by Step

1. Start by preparing your latest proof of income and a bank statement reflecting three months’ salary deposits.
2. Ensure you are over 18 years old to be eligible for the credit card application.
3. Visit your nearest African Bank branch for a face-to-face application, or use their online or mobile platforms.
4. Upon successful approval, collect your personalised, embossed card instantly at the branch.
5. Activate your card, receive confirmation via SMS, and start enjoying your new credit benefits.

Advantages of the African Bank Black Credit Card

One major plus is instant card issue—receive your card as soon as your application is approved at any branch.

The high credit limit of up to R500,000 caters to professionals and families with larger spending needs. Plus, there’s the benefit of up to 3% interest earned on positive balances—unique for a credit card.

Enjoy up to 62 days of interest-free purchases when you pay in full by the payment due date. Secure online shopping and app banking extend greater convenience.

The African Bank app allows you to manage your card, generate statements, and monitor spending anytime, data-free.

Potential Drawbacks

The monthly service fee of R69 and upfront initiation charge could be high for customers on a tight budget, especially compared to some entry-level cards with no monthly fee.

International transaction fees, ranging from 2% to 2.75% on top of fixed charges, may add up for frequent travellers. The card also requires strict proof of affordability and stable income.

Our Verdict

The African Bank Black Credit Card is a compelling choice for South Africans seeking a blend of high limits, instant card delivery, and rewards for positive balances. With secure online banking and a strong mobile app, it’s a solid option for tech-savvy and financially responsible users. However, budget-conscious individuals may find the fees on the higher side. Consider your spending habits and needs to see if this card matches your lifestyle and goals.