The African Bank

African Bank is one of the leading financial service providers in South Africa. The bank offers various products and services, including personal loans, credit cards, and home loans. An African Bank credit card is a type of credit card that is specifically designed for people who live in Africa.

African Bank credit card is a great way to build up your credit history and improve your financial standing. In addition, the African Bank credit card offers cardholders up to 62 days interest-free on purchases.

This means you can purchase and then carry the balance for up to 62 days without accruing any interest charges. This credit card allows users to enjoy several benefits, including cash-back rewards, discounts on travel and shopping, and free access to a number of financial services.

Benefits & Features

There are many benefits to having an African Bank credit card. For one, you can earn rewards points every time you use your card. These points can be redeemed for travel, merchandise, or cash back.

This African bank credit card is your personal embossed card which you can obtain instantly from any branch of the bank. The African bank credit card can be used at any merchant or ATM that displays the Visa logo worldwide.

When you purchase online with a participating merchant, your transaction is secure. You will receive a free SMS notification whenever a successful transaction is made with an African bank credit card.

With the African bank credit card, you can set your transaction limits according to your needs. You can take advantage of credit terms of up to 62 days without paying interest on POS and online purchases if you pay your outstanding African bank credit card balance in full by the due date.

You will earn interest if you have a positive balance on your African bank credit card. Some benefits of having an African Bank credit card include access to emergency cash advances, purchase protection, and extended warranties on items purchased with the card. Additionally, cardholders can enjoy discounts at participating retailers and restaurants.

How to Apply

If you’re looking to apply for an African Bank credit card, there are a few things you’ll need to know. You’ll need a good credit history and a steady income. You’ll also need to be a South African citizen or resident.

Once you have everything in order, you can begin the application process by visiting the African Bank website. There, you’ll be able to fill out an online application form. Be sure to have your personal and financial information handy, as you’ll need to provide it during the application process.

If everything goes smoothly, you should receive your new credit card within a few weeks. Once it arrives, be sure to activate it and start using it right away. With a little planning and effort, you can soon be on your way to enjoying all the benefits of having an African Bank credit card.

Documents & Eligibility criteria to apply for an African Bank Credit Card

If you wish to apply for a credit card with the African bank, you must provide a copy of your most recent income statement. You should be over 18 years of age to apply for an African bank credit card. You will need a recent bank statement showing the salary deposits made in the past three months to apply for an African bank credit card.

Free mobile and online services in an African Bank credit card

In an African Bank credit card, there are many free online and mobile services that can be enjoyed by cardholders. Some of these services include online account management, mobile banking, and rewards programs.

With online account management, cardholders can view their account balance, transactions, and account history from anywhere in the world. They can also set up alerts to their mobile device or email address to keep track of their account activity.

Mobile banking allows cardholders to check their account balance, view transactions, transfer funds, and pay bills from their mobile device. They can also locate the nearest ATM or branch location. Rewards programs allow cardholders to earn points for every purchase made with their card. These points can be redeemed for cash back, gift cards, or merchandise.

Fees associated with an African Bank credit card

There are several fees associated with an African Bank credit card. These include an initiation fee of R120, a card replacement fee of R115, a monthly service fee of R50, an SMS messaging service fee of R0.40, and a foreign POS transaction fee of R6.50. However, these fees are generally lower than those charged by other banks. The interest rate on an African Bank credit card is 3% pa, and debit interest fees are as per agreement.

Limit Increase of an African Bank credit card

If you have held your African Bank credit card for more than six months, you may be eligible for an increase in the credit limit on your card after a credit check has been performed. Upon receiving approval, the new limit will become instantly available. To apply, please speak with your African Bank consultant at any one of African Bank Branches or visit official website of an African Bank.

Safety tip when using African Bank credit card

If you use an African Bank credit card, keep the following safety tips in mind. Always keep your credit card in a safe place, such as a wallet or purse. Never give your credit card number to anyone over the phone or online unless you are sure they are a legitimate business.

Keep your receipt if you need to return the item or dispute the charges when making a purchase. Check your credit card statement each month to ensure all charges are accurate. If you see any unauthorized charges, report them to bank immediately. Following these safety tips can help protect yourself from credit card fraud and other financial crimes.

Final Thoughts

The African Bank Credit Card is a great way to manage your finances and make everyday purchases. With easy repayment options and a low-interest rate, it’s a great choice for anyone who wants to save money. Overall, the African Bank credit card is a good option for those looking for a credit card with a wide range of benefits.