The African Bank Black Credit Card is designed for those who want flexibility, higher limits, and the ability to earn interest. Cardholders can enjoy up to a R500,000 credit limit, subject to affordability checks, and earn up to 3% per annum interest on positive balances. If you settle your outstanding balance in full by the due date, you will benefit from up to 62 days interest-free on point-of-sale purchases. Applicants must be over 18 and show recent proof of income and bank statements.

How to Apply – Step by Step

1. Gather your most recent proof of income and three months’ bank statements.
2. Ensure you are over 18 years old to be eligible.
3. Apply online, through the African Bank App, by phone, or visit a branch.
4. After approval, visit a branch for instant card issuance.
5. Activate your card and start transacting securely worldwide.

Top Advantages

This credit card earns you up to 3% interest p.a. on positive balances, which is rare among competitors.
High limits of up to R500,000 and up to 62 days interest-free on purchases set it apart for both flexibility and value.

Instant issuance at branches means no waiting for your card, making it ideal for those in need of rapid access to credit.

Potential Drawbacks

The monthly service fee of R69 and relatively high fees for cash withdrawals at ATMs could add up if used frequently.

Eligibility for higher limits depends on approval and affordability criteria, so not everyone may qualify for the maximum offer.

Our Verdict

The African Bank Black Credit Card impresses with its exceptional features, such as earning interest on positive balances and a high credit limit. For anyone seeking a versatile credit solution in South Africa, this card stands out, especially for online shopping, travel, and larger transactions. Despite some fees, the benefits may far outweigh the costs for most users.