The African Bank Black Credit Card is making a strong impression in South Africa’s credit market. With a generous credit limit of up to R500,000 and up to 3% interest on positive balances, this card targets customers who value flexibility and rewards. If you pay off your balance by the due date, you get up to 62 days interest free on purchases. An additional highlight is the instant, embossed card printing available at any branch, letting you leave the bank with your card in hand.

How to Apply: A Step-By-Step Guide

1. Gather your most recent proof of income and three months’ bank statements showing salary deposits.
2. Make sure you’re over 18 years old.
3. Apply online, via the African Bank app, or visit any branch.
4. If approved, visit your nearest branch for instant card issuance.

Pros of the African Bank Black Credit Card

The card stands out with up to 3% interest earned on positive balances, making it a rare find for cardholders who pay more than they owe. The instant card issuance is a game-changer, providing immediate access to credit. Flexible repayments are available via multiple convenient channels.

Potential Drawbacks to Consider

There’s a monthly service fee of R69, and ATM cash withdrawal fees can be steep, with R80 plus 2% of the transaction for international withdrawals. Credit limit is subject to affordability and approval, which might limit first-time applicants.

Final Verdict

The African Bank Black Credit Card is designed for responsible spenders who want high limits, earn interest on positive balances, and enjoy global Visa acceptance. It’s a compelling option for those seeking both rewards and convenience, but it pays to be mindful of the associated fees—especially for cash withdrawals. For many South Africans, this card offers value that matches its premium promise.