AFRICAN BANK SILVER VISA

CREDIT CARD

SILVER CREDIT CARD

Account fees
Monthly service fee

R57.00

Initiation fee

R110.00

Card replacement fee

R88.00
R5.50

Account management fees

SMS messaging service
Statement reprint per page

R2.25 p/m
FREE

Payment fees
Debit order fee - Monthly earners (per attempt)

R11.40

Debit order fee - Fortnightly earners (per attempt)

R11.40

Debit order fee - Weekly earners (per attempt)

R5.70

Deposit fee (Plus 1.1% of transaction value)

R3.70

All POS purchase transactions in South Africa are FREE

ATM fees

Benefits of the Silver Visa Credit Card

Maximum cash withdrawal of R4 000 per day.
Emergency services.
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.
International acceptance by millions of merchants, wherever you
see the VISA logo.
Superior buying benefits:
- Purchase protection guarantee
- Extended warranty

Balance enquiry

R3.00

Credit Life Insurance*

ATM cash withdrawals above than R100

(Plus 1.2% of transaction value)

R7.00

For peace of mind for lifes unexpected insurable events, we offer you
Credit Life Insurance. You will be covered for the following events:

ATM cash withdrawals less than or equal to R100

R5.00

Denied transaction fee

R3.00

International fees
POS Purchase transactions

R3.50

ATM balance enquiry

R5.70

ATM cash withdrawal (Plus 1.10% of transaction value)

R20.00

Interest rates
Credit interest rate

2% p.a

Debit interest rate: As per your agreement

Death
Permanent Disability
Temporary Disability
Retrenchment
Short Time
Compulsory Unpaid Leave / Temporary Lay-off

What services do you have access to?

Pay your accounts
Access account information and services
- Request / view balances
- Request / view statements
- Apply for a limit increase
- Stop your lost / stolen credit card
Log an insurance claim
Learn about and apply for products

How do I access
Virtual Branch?
Visit the African Bank
website at
www.africanbank.co.za
or dial 120 225#

* *

African Bank
Cellphone Services
0) Apply
1) My Accounts
2) Unable to pay
3) Payment arrangement
4) Log an insurance claim
5) Request a call back
6) My Profile
9) Exit

How do I register?
A consultant will assist you to register in branch. Alternatively,
visit www.africanbank.co.za, click on register and follow
the instructions to complete registration.
Standard network rates and data charges apply - these charges are
determined by your network service provider.

Limit Increase
If you have your card for more than 4 months you could qualify for a limit
increase. A new Credit Card assessment will be done. Ask your consultant
about it today. Apply via Cellphone Services or call 0860 333 004.

Safety Tip!

Credit Life Insurance*

Flat fee for monthly earners

R11.00 p/m

Never give your Card, PIN or CVV number** to anybody, including

African Bank employees.

Flat fee for weekly and fortnightly earners

R20.00 p/m

Always keep your PIN a secret.

Ad Valorem

Enjoy access to African Banks online and mobile services, which

enable you to manage your accounts from your computer,
cellphone or any compatible mobile device.

14% p.a

Notes
All fees include 14% VAT. All fees and interest rates are variable and can be
adjusted by African Bank with written notice to the cardholder, in accordance
with the National Credit Act (2005).

Always ensure that you receive your card back after every transaction
and keep it in a safe place.
To report a lost or stolen card or any other queries call 0861 000 555
*Insurance terms and conditions are available on www.africanbank.co.za or in-branch.
**The last 3 digits of the number printed on the signature panel at the back of your card.
***Pricing correct at time of print. To view latest pricing, please visit www.africanbank.co.za

T Winterboer was appointed as Curator of African Bank Limited (the Bank) on 10

August 2014 by the Minister of Finance of the Republic of South Africa and pursuant to
the Banks Act No. 94 of 1990 (as amended) to manage the affairs of the Bank subject
to the supervision of the Registrar. Insurance is underwritten by The Standard General
Insurance Company Ltd. Reg No: 1948/029011/06. Terms, conditions and affordability
rules apply. African Bank is an authorised financial services and registered credit
provider. Reg No 1975/002526/06. NCR Reg No. NCRCP5.

CC1506_SCC

Funds transfer fee

Now that you have stepped into the world of opportunities, an African Bank
Silver Visa Credit Card can help you move one step ahead. African Bank
Silver Credit Card puts the power into your pocket, giving you the safest and
most convenient way to purchase or pay.

VIRTUAL BRANCH