The African Bank Black Credit Card has recently caught the eye of savvy spenders in Mzansi, thanks to its up to 3% interest on positive balances, generous R500,000 credit limit, and advanced digital features.

Cardholders benefit from up to 62 days interest free on point-of-sale purchases, as long as the account is settled in full by the due date. There’s no waiting period for the card – once approved, simply collect your embossed card at any African Bank branch.

Monthly fees are competitive at R69, and you also get globally accepted Visa access for shopping both online and in-store, offering true convenience for everyday spending or travel abroad.

How to Apply for the African Bank Black Credit Card

1. Gather required documents (proof of income, 3-month bank statement, proof of identification).
2. Complete the application either online, via mobile app, or at a branch.
3. If approved, visit an African Bank branch for instant card collection.

Pros of the African Bank Credit Card

The up to 3% interest on positive balances is a rare benefit, turning idle money into passive income. Additionally, instant card issuance means you won’t be left waiting for your credit card to arrive in the mail. Flexible management via the mobile app or online banking also streamlines spending and repayments.

Cons to Consider

While the credit limit can go as high as R500,000, strict affordability and credit assessments apply; not everyone will qualify for the upper tier limit. Withdrawing cash at ATMs may incur additional fees compared to digital transactions or POS withdrawals, which could impact frequent cash users.

Verdict: Is This the Card for You?

The African Bank Black Credit Card stands out in the South African market for its high interest on credit balances, wide acceptance, and highly functional digital features. If you value mobile convenience and travel readiness, this card should be on your shortlist—just keep an eye on fees and eligibility requirements.