The African Bank Black Credit Card is designed for those who want more from their banking experience. With this card, you can access up to a R500,000 credit limit, subject to affordability and assessment. The interest rate on a positive balance is up to 3% per annum, allowing your money to work for you. Added to this, you get up to 62 days interest-free on selected purchases, meaning more flexibility to manage your budget.

How to Apply: Step-by-Step

To apply, you need to have your most recent proof of income, your latest bank statement reflecting three months’ salary deposits, and you must be over 18. Start your application journey online or in-branch, complete the required forms, and if successful, visit your nearest branch for instant card issuance and activation.

Main Benefits of the African Bank Black Credit Card

The card stands out by allowing you to earn interest on a positive balance and offering a substantial credit limit, great for both everyday use and emergencies. Instant card issue at any branch means no waiting, keeping things quick and simple.

Potential Drawbacks to Consider

While the card features many perks, a monthly service fee of R69 and a card replacement fee of R136.50 apply. International transactions also incur additional charges, which can add up if you travel often or shop abroad frequently.

Our Verdict

The African Bank Black Credit Card provides a solid combination of earning potential, high credit limits, and digital banking features. If you’re looking for flexibility, security, and a card that rewards positive balances, it’s certainly worth considering—just keep an eye on the fees if you’re a frequent traveller or use ATMs often.