African Bank Credit Card: Apply Online & Enjoy Convenience

Everything you need to know

The African Bank Credit Card offers a generous 62-day interest-free period, allowing you to make purchases big and small without immediate repayments. With a credit limit of up to R350,000, you can manage your finances comfortably.

There’s a monthly service fee of R65.00 and a one-time initiation fee of R140.00 to get started. However, the card offers the opportunity to earn up to 3% interest on any positive balance. 

Additionally, mandatory Credit Life Insurance provides peace of mind in case of unforeseen events impacting your ability to make repayments.

If your card is lost or stolen, report it immediately. You can call the South African hotline, contact Visa Global Customer Assistance Service while traveling abroad, or report it through the website, app, or USSD code.

After using your card responsibly for 6 months or more, you may be eligible for a credit limit increase. Apply through a branch consultant, online, through the app, or by USSD code or phone call.

Using your African Bank Credit Card abroad incurs a 2.75% conversion fee on all transactions. There’s also a cap of R50,000 on international card-not-present transactions, such as online purchases.

Eligibility criteria

The African Bank Credit Card offers a convenient online application process. To get started, ensure you meet the following eligibility criteria and have the necessary documents ready:

• Be over 18 years old: you must be a legal adult to apply for the African Bank Credit Card.
• Provide proof of income: a recent document verifying your income is required.
• Submit bank statements: upload your latest bank statement reflecting the past three months of salary deposits. This helps the bank assess your financial stability.

Apply with ease: the African Bank Credit Card online process

The African Bank Credit Card boasts a straightforward online application process. Here’s a breakdown of the steps involved:

1. Personal details:

• Enter your South African ID number.
• Select your title (Mr., Mrs., Ms., etc.).
• Fill in your full name (First and Last).
• Provide your cellphone number.
• Enter your email address.
• Choose whether you’d like to receive information about African Bank specials and offers.

2. Financial details:

This section involves uploading the required documents mentioned previously: proof of income and bank statements.

3. One-time PIN (OTP):

An OTP will likely be sent to your phone number for verification purposes. Enter the code to proceed.

4. Get your offer:

Once your information is submitted, African Bank will assess your application and present you with a credit limit offer.

5. Done!

Upon acceptance of the offer, you’ll likely receive further instructions for card activation and usage.

Convenience and security at your fingertips

The African Bank Credit Card goes beyond just making purchases. It offers a suite of features designed for your convenience and peace of mind:

• Get your personalized embossed card immediately at any African Bank branch.
• Enjoy worldwide recognition at merchants and ATMs displaying the Visa logo.
• Using your card is safer than carrying cash. Simply tap, dip, or swipe and enter your PIN for secure transactions. Online purchases require additional verification with a one-time PIN (OTP) sent to your phone for added security.
• Withdraw cash conveniently at point-of-sale terminals (POS) at participating merchants like Checkers, Shoprite, Spar, and Pick n Pay.
• Set your own transaction limits for additional control over your spending.
• The mandatory Credit Life insurance provides financial protection in case of unexpected events impacting your ability to make repayments.
• Manage your account conveniently with free online and mobile banking. Access features like checking your balance, obtaining statements, requesting settlement quotes, and even stopping or reactivating your card – all within a few easy steps.

Explore your options

The African Bank Credit Card offers great features, but if you’re seeking a card with even more flexibility, consider the Standard Bank Gold Card.

Earn points on every purchase you make. These points can be redeemed for exciting rewards. Additionally, Standard Bank offers a wider range of credit limit options. 

Written by

Ellen Queiroz (Redatora)