Discover the Process for Applying for an African Bank Credit Card
African Bank presents an affordable Visa Black card, ensuring safety and reassurance for your transactions; discover more details.
Key Points Before Applying
The African Bank Black card boasts a minimal maintenance fee and provides a flexible credit limit of up to R350,000, ensuring safety and ease for daily transactions.
African Bank, a prominent financial institution in South Africa with years of service, offers this card to meet diverse customer needs throughout the nation.
The African Bank Black card has an upfront cost of R140 and a monthly fee of R65. Expect additional fees for transactions like money transfers and international ATM withdrawals.
A significant perk of this card is the swift processing time; applying in person at a branch means you can get the card right after approval.
Although it lacks features like lounge access or flight discounts, the card serves as an economical Mastercard Black alternative.
This card grants you access to African Bank’s secure banking services, including features like card reactivation, easy statement access, and quick payment options.
African Bank also enables withdrawals at selected retailers and allows you to establish your own transaction limits.
With the Mastercard logo on your card, you can shop globally, supported by the security of African Bank.
To learn more about the advantages of this essential card, continue reading to discover all its features.
Who is Eligible to Apply?
African Bank does not specify precise criteria for applying for their credit card. They ensure a thorough credit assessment to determine your card and limit.
Applicants must be at least 18 years old and either a South African citizen or a foreign national with a valid visa.
To confirm your income, you’ll need to submit your details for evaluation, though there is no fixed minimum requirement.
When you apply, you’ll need to provide documents like:
- Latest proof of income
- Your ID copy
- Bank statement for the last 3 months
Just meeting these criteria doesn’t guarantee approval; it ultimately rests on the bank’s judgment and capacity.
How to Apply for the African Bank Credit Card?
To get your credit card, click on the ‘Apply Now’ option and fill out the form with your details.
The bank will conduct a credit evaluation, analyzing both your loan requests and the card.
You’ll need personal info: South African ID, full name, phone number, and address
Income info, including pay slips and salary details
You can also opt for the “Call Me” form, where you’ll provide your South African ID, mobile number, full name, and email.
If you’re already a customer of African Bank, you can apply directly through internet banking or their mobile app.
You also have the choice to stop by a bank branch for complete support from their staff.
More Information
Besides instant issuance upon approval, you’ll earn up to 3% interest on positive balances.
The credit limit is very flexible, and you can request increases through internet banking.
For extra convenience and security, this card is perfect for online transactions, giving you access to services from anywhere.
Repayments can be made effortlessly through various options like debit orders, EFT, EasyPay, and Pay@.
This card allows for PIN payments, CVV usage, and swift OTP transactions.
You can take advantage of up to 62 days without interest on purchases online and globally with the Visa Black network.
Credit life insurance provides protection against personal loss, death, income reduction, and other unexpected events.
In summary, African Bank offers a safe and effective method to handle your finances.
Curious about another option?
If you’re in the market for an entry-level credit card, consider the Standard Bank Gold, which features comparable fees.
The Gold Card may offer additional travel perks and lifestyle benefits, including discounts on flights and hotel stays. Discover how to apply for it.
