The African Bank Black Credit Card is a powerful financial product catering to diverse spending needs, offering a credit facility of up to R500,000. Cardholders benefit from earning up to 3% interest per annum on a positive balance, making it unique among typical credit cards. Plus, if you settle your balance in full each month, you enjoy up to 62 days interest-free on your point-of-sale purchases. This versatile card is internationally accepted, fully Visa-enabled and gives you peace of mind with Credit Life insurance coverage.

How to Apply Step by Step

Start by gathering your most recent proof of income, your latest bank statements showing three months’ salary deposits, and ensure you are over 18 years of age.

Visit the African Bank website or branch or use the mobile banking app to begin your application process.

Fill in the application form with your personal and financial details for a tailored offer.

Submit the required documentation for verification, which will be assessed under affordability criteria and credit rules.

If approved, collect your personalised, embossed credit card instantly at any African Bank branch and activate it for use.

Main Pros of the African Bank Black Credit Card

A standout benefit is earning up to 3% interest on your positive balance, adding real value if you manage your spending.

Cardholders also enjoy instant issuance after approval, so there’s no long wait—you can access your funds and online shopping features immediately.

Main Cons of the African Bank Black Credit Card

The R69.00 monthly service fee and initiation fee may not appeal to those seeking no-fee credit cards, impacting affordability for minimal users.

International transactions and ATM withdrawals incur additional fees, which could add up for users who travel regularly or rely on cash advances.

Our Verdict

The African Bank Black Credit Card stands out for high credit limits, competitive interest earned on stored balances, and robust global acceptance. The combination of practical features and efficient digital application make this card ideal for users who value rewards and convenience. However, fees may be a drawback if you’re a light card user. For active spenders looking for immediate access and flexibility, it’s a solid credit card option.