The African Bank Black Credit Card is making waves with its attractive offering: earn up to 3% interest on positive balances and enjoy a generous credit limit of up to R500,000, depending on your credit assessment and eligibility. The card also boasts up to 62 days interest-free on POS purchases if you pay your balance in full by the due date. For added convenience, the card is issued instantly at any African Bank branch, eliminating the usual wait.

How to Apply for the African Bank Black Credit Card

1. Gather your proof of income and latest three-month bank statement.
2. Ensure you are over 18 to qualify for application.
3. Complete the online application or visit your nearest African Bank branch.
4. Submit your supporting documents for review.
5. Await approval and collect your personalised, embossed card in-branch—ready for use immediately.

Key Pros of the African Bank Black Credit Card

One notable advantage is the 3% annual interest earned on positive account balances, rewarding responsible savers. The card also supports instant issuance, so you get your card as soon as you’re approved—no long waits.

Additionally, the generous R500,000 credit limit lets you enjoy true spending freedom, while up to 62 days interest-free makes everyday banking more manageable for those who pay their balances on time.

Cons to Consider

The monthly service fee of R69 and a card replacement fee of R136.50 can add up if you frequently need new cards. ATM withdrawals, especially internationally, attract relatively high fixed and percentage-based fees.

Credit approval is subject to standard affordability checks, so not everyone may qualify for the highest limits or the best rates offered.

Verdict: Who Should Apply?

If you want instant access to credit, competitive rewards for positive balances, and flexible payment options, the African Bank Black Credit Card is a solid choice. However, consider the fee structure and ensure it fits your spending habits before applying.