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How to apply for the African Bank Gold Credit Card?

It is time to get an affordable card to make your life easier. So, learn how to apply for an African Bank Gold Credit Card and enjoy advantages at a reasonable price.

by Aline Augusto

Published on 01/12/2023

Apply for an African Bank Gold Credit Card: enjoy extra perks at no extra cost

You can apply for this credit card even with a low income: learn how! Source: The Mister Finance.
You can apply for this credit card even with a low income: learn how! Source: The Mister Finance.

If you are looking for a new fresh start this New Year, you should apply for an African Bank Gold Credit Card.

Basically, the card is an affordable option for those who want to access convenient financial services while enjoying perks at no extra cost.

card

Credit Card

African Bank Gold Credit

low monthly fee travel perk

This credit card can help you access convenient financial services

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Also, it is a Visa, which means you will get to use the card wherever you are since Visa is accepted worldwide.

Although it doesn’t offer rewards and bonuses, this gold card from African Bank gathers some valuable benefits, including:

  • 3% interest back for prompt payments throughout the year on a positive balance;
  • Global Emergency Assistance as well as Travel Assistance, and optional Credit Life Insurance;
  • Interest-free credit on POS purchases for up to 60 days (conditions apply).

As a result, you may enjoy building a solid financial path by using the card responsibly.

Now, learn how easy it is to apply for an African Bank Gold Credit Card. And if you go to a physical branch with your documents, you can get the card almost instantly.

Online Application Process

Access African Bank if you'd like to start the application process. Source: Canva.
Access African Bank if you’d like to start the application process. Source: Canva.

On the other hand, you may enjoy knowing that you can also apply through the official African Bank website. 

To do it you must have the following documents handy:

  • Recent proof of residence (not older than 3 months);
  • Recent proof of income;
  • Latest bank statement (with three salary deposits).

Additionally, you must be at least 18 years old.

Application Process using the app 

After going to a branch or applying using the website, and after being approved, download the African Bank mobile app to manage your account and your newest credit card.

African Bank Gold Credit Card vs. Woolworths Gold Credit Card

But if you are looking for rewards, a Woolworths Gold Credit Card might be worth considering, especially if you traditionally buy at Woolies.

Check out the comparison!

African Bank Gold Credit CardWoolworths Gold Credit Card
Credit ScoreNot disclosedNot disclosed
APRFrom 15% to 27.50%–
Annual FeeR828.00 (R69.00 per month)R684.00 (R57.00 per month)
FeesCard replacement fee: R115.00;
Funds transfer fee: R5.55;
Cash back at POS: R7.50;
Deposit fee (Plus 1.3% of transaction value over R250): R5.75;
ATM cash withdrawals above R100 (Plus 1.5% of transaction value): R11.50;
ATM cash withdrawal (Plus 1.5% of transaction value): R23.00		Absa ATM Account Payment Fee: R4.50 plus R1.50/R100 (maximum R15.00);
Initiation fee: R193.00;
Absa ATM: R2.50 per R100 (or part thereof);
Card Replacement Fee: R110.00;
Unpaid Debit Order Fee: R128.00;
Card Courier Fee: R170.00;
International Currency Conversion Fee:2.5% of the Rand value of a transaction
Welcome bonusNone None
RewardsNone2% back in vouchers each quarter on all Woolies purchases;
0.75% back in vouchers each quarter on all other purchases, including fuel (excludes EFT);
Access to the WRewards programme 

Now, learn how to apply for a Woolworths Gold Credit Card on the next post!

Woolworths Gold credit card

How to apply for a Woolworths Gold Credit Card?

Check out how to apply for a Woolworths Gold Credit Card and earn 2% back in vouchers each quarter on all your favorite Woolies purchases.

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About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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