African Bank Credit card - Credit & Loan Options African Bank Credit card - Credit & Loan Options

African Bank Credit card

African Bank is one of the leading financial company offering products to consumers at the best rate,  credit card included.

The bank offers two main credit cards namely:

  1. Silver Credit Card.
  2. Gold credit card.

African Bank Silver Credit Card.

This card offers a batch of choices and purchase power thus allowing you to meet the demand that comes with lifestyle.

African Bank Silver Credit Card exhibit the following features and benefits:
  • Free ATM withdrawals for the first two withdrawals.
  • The card is accepted by millions of Visa contracted merchants worldwide.
  • The card is issued to you immediately  in branch
  • You get free smses updates on every transaction and upto 60 days interest free on POS purchases – if you settle your outstanding balance in full by the due date.
  • Use the card to make purchases – just swipe, key in your pin, complete the transaction – no carrying cash
  • In case your card is lost, its blocked immediately and replacement visa card is sent to you with emergency top up.

Get credit life insurance for unexpected events and
*Up to R4 000 per day at any ATM and up to R5 000 per day at till points.
Apply for the credit card online or at African Bank Branch near you with the following documents on hand:-

  • Proof of income – provide your latest payslip
  • Proof-of-residence not older than three months
  • South Africa ID Book – must be over 18 to apply for a Credit Card
  • Latest-bank-statement reflecting you most recent three salary deposits
What you pay:-

– Monthly service fee – > R69.00
– Card replacement fee – > R115.00
– Funds transfer fee – > R5.55

Gold Credit Card

Just like the Silver Credit card,  Gold credit card is tailored to suit your freedom and the lifestyle you deserve, making an instant impression wherever you are, online or on any mobile device.
With Gold credit card the power is in your hands, giving you the safest and most convenient ways to shop, buy and pay.

The benefits are as outlined below:-
  • you have the freedom and option on your card to Set your own personalised limits.
  • Medical and legal referral
  • Up to 60 days interest-free credit on POS purchases, if you settle
    your outstanding balance in full by the due date
  • Your card is issued immediately at any African Bank branch
  • No need to carry cash. Swipe, then enter your PIN to complete the transaction
  • Accepted by thousands of merchants, wherever you see the VISA logo

The card also allows you to:- manage your account online, view your account balances, request and view statements and also to stop and report stolen or lost card. If you have an insurance cover you can log insurance claim using your card.

How much can you withdraw using Gold Credit Card:-
  • Withdrawal of upto R4 000 per day at ATM’s
  • Maximum cash withdrawal of R5 000 per day at POS
  • Maximum cash withdrawal of R6 000 per day in total

Credit Life Insurance:- For peace of mind for life’s unexpected insurable events, African Bank offer
you Credit Life Insurance. Pensioners are covered for death and non pensioners will be covered for the following events:
• Death
• Permanent Disability
• Retrenchment
• Temporary Disability
• Short Time
• Compulsory Unpaid Leave / Temporary lay-of

What you pay:-

– Monthly service fee – > R69.00
– Card replacement fee – > R115.00
– Funds transfer fee – > R5.55

You need to have the following documents on hand when applying :-
  • Your latest payslip
  • Proof-of-residence not older than three months
  • South Africa ID Book – must be over 18 to apply for a Credit Card
  • Latest-bank-statement reflecting you most recent three salary deposits