African Bank Black Credit Card: Find Out How to Apply and Enjoy the Benefits

The African Bank Black Credit Card is a premium credit option designed for individuals looking for flexibility, convenience, and financial benefits. This card offers a competitive interest-free period, generous credit limits, and the ability to earn interest on positive balances. Whether you need a reliable credit solution for everyday purchases or financial emergencies, this card is an excellent choice.

One of the standout features of the African Bank Black Credit Card is its accessibility. With instant card issuance available at branches and a seamless application process, it ensures that customers can quickly gain access to credit. In addition, the card comes with enhanced security features for safe transactions, both online and in physical stores.

For those who value flexibility in payments, the card provides multiple repayment options and competitive interest rates. In this guide, we will explore the key features, benefits, fees, eligibility criteria, required documents, and step-by-step instructions on how to apply for the African Bank Black Credit Card.

Key Features of the African Bank Black Credit Card

• Instant Issuance: Receive your personalized, embossed card instantly at any African Bank branch.
• Global Acceptance: Use your card worldwide at all merchants and ATMs displaying the Visa logo.
• Interest-Free Period: Enjoy up to 62 days interest-free on point-of-sale purchases if the full balance is paid by the due date.
• Credit Limit: Access credit limits of up to R250,000, subject to creditworthiness and affordability assessments.

Benefits of the African Bank Black Credit Card

• Earn Interest on Positive Balances: Receive up to 3% interest per annum when maintaining a positive balance on your credit card account.
• Secure Online Shopping: Benefit from enhanced security features for online transactions.
• Flexible Repayment Options: Make payments via online banking, debit orders, electronic funds transfer (EFT), EasyPay, Pay@, or in-branch payments.

Fees and Charges

Fee Type	Amount
Monthly Service Fee	R50
Interest Rate (APR)	15% – 24.50% (based on credit profile)
Card Replacement Fee	R130
Initiation Fee	R140

For a full breakdown of fees, refer to the African Bank website.

Eligibility Criteria

• Age: Must be over 18 years old.
• Residency: Valid South African ID or passport with proof of residence.
• Income: Must provide proof of income (payslips or bank statements showing salary deposits).

Required Documents

• Identification: Valid South African ID or passport.
• Proof of Income: Latest payslips or bank statements reflecting three months’ salary deposits.
• Proof of Residence: A recent utility bill or similar document (not older than three months).

How to Apply for the African Bank Black Credit Card

Online Application:

1. Visit the African Bank Credit Card page.
2. Complete the online application form with personal and financial details.
3. Upload the required documents.
4. Submit your application for review.

In-Branch Application:

1. Visit any African Bank branch with the necessary documents.
2. A consultant will assist in completing the application process.
3. Upon approval, receive your personalized card instantly.

Frequently Asked Questions (FAQ)

1. How long does it take to get approved?

• Approval time varies but is typically completed within a few business days.

2. What is the interest-free period?

• You get up to 62 days interest-free on purchases if the full balance is paid before the due date.

3. Can I use this card internationally?

• Yes, the card is accepted worldwide wherever Visa is supported.

African Bank Contact Information

• Customer Service Hotline: 0861 111 011
• Email: [email protected]
• Website: www.africanbank.co.za
• Physical Address: 59 16th Road, Midrand, South Africa

For additional details or support, visit the African Bank Contact Page.