African Bank Black Credit Card Review: High Limit & Earn Interest Highlights

Get up to R500 000 limit and 3% interest with African Bank Black Credit Card. We analyse pros and cons for South Africans. Find out if it’s the right fit for your wallet here.

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African Bank

Get up to a R500,000 limit, 3% interest on positive balances and up to 62 days’ interest-free on purchases, all from a globally accepted Visa card.




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The African Bank Black Credit Card is designed for South Africans seeking flexibility and rewards from their daily banking. With a generous credit limit that can reach R500,000, this Visa card also rewards you for responsible spending. Earn up to 3% interest per annum on positive balances, and benefit from up to 62 days’ interest-free credit on point-of-sale and online purchases if you settle your full balance by the due date. The card comes with a monthly service fee of R69 and includes the standard set of industry terms and conditions on affordability and credit assessment.

How to Apply: Step-by-Step

  1. Check eligibility: Be over 18 and have recent proof of income.
  2. Prepare your latest three months’ bank statements and salary deposit proofs.
  3. Start your application via African Bank’s website, app, or a physical branch.
  4. Once approved, collect your card instantly and activate it in-branch.
  5. Receive an SMS when your card is ready for use and start transacting immediately.

Key Advantages

The card’s top selling points include one of the highest credit limits on the market and attractive interest earned on positive balances, a rare feature for credit cards. Global Visa acceptance and secure instant card issuance at any branch add peace of mind and convenience.

Furthermore, you can personalise your transaction limits and enjoy easy repayments through multiple channels, including EFT, debit order, and in-branch payments.

Possible Drawbacks

Monthly and transaction fees can add up, particularly for users frequently making withdrawals or international payments. ATM cash withdrawal fees also increase for higher amounts.

Certain transaction types have set monthly limits, possibly restricting high spenders, and all standard credit checks, income verification, and affordability rules apply.

The Verdict

African Bank Black Credit Card is a compelling option for those looking for a high-limit card with strong rewards on credit balances and straightforward online and branch banking. It is best suited for disciplined spenders who plan to take full advantage of the interest-free period and positive balance rewards.

Recommended for you

African Bank

Get up to a R500,000 limit, 3% interest on positive balances and up to 62 days’ interest-free on purchases, all from a globally accepted Visa card.




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