GOLD CREDIT CARD AFRICAN BANK GOLD VISA CREDIT CARD
Account fees Monthly service fee
R35.00
Initiation fee
R75.00
R5.50
The African Bank Gold Visa Credit Card can help you improve and live a comfortable lifestyle. The African Bank Gold Visa Credit Card puts the power into your pocket, giving you the safest and most convenient way to purchase or pay.
SMS messaging service
FREE
Benefits of the Gold Visa Credit Card
Statement reprint per page
FREE
Monthly transaction bundle fee
R20.00
Card replacement fee
R105.00
Account management fees
Payment fees Debit order: Monthly earners (per attempt)
R5.70
Debit order: Fortnightly earners (per attempt)
R11.40
Debit order: Weekly earners (per attempt)
R5.70
Deposit fee (Plus 1.1% of transaction value over R250) One deposit fee included in monthly transaction bundle
R3.70
All POS purchase transactions in South Africa are FREE ATM fees Balance enquiry: One included in monthly transaction bundle, thereafter
R3.00
Two cash withdrawals included in monthly transaction bundle, thereafter below fees apply ATM cash withdrawals above R100 (Plus 1.2% of transaction value)
R7.00
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
3% p.a
Debit interest rate: As per your agreement Interest Rebate***
up to 8%
• 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
Credit Life Insurance*
Enjoy access to African Bank’s online and mobile services, which enable you to manage your accounts from your computer, cellphone or any compatible mobile device.
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
For peace of mind for life’s unexpected insurable events, we offer you Credit Life Insurance. You will be covered for the following events: • • • • • •
Death Permanent Disability Temporary Disability Retrenchment Short Time Compulsory Unpaid Leave / Temporary Lay-off
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! • Never give your Card, PIN or CVV number** to anybody, including African Bank employees.
Credit Life Insurance* Flat fee for monthly earners
R11.00 p/m
• Always keep your PIN a secret.
Flat fee for weekly and fortnightly earners
R20.00 p/m
Ad Valorem
8-10% p.a
• Always ensure that you receive your card back after every transaction and keep it in a safe place.
Notes All fees include 14% VAT. Interest rates are variable. Please take note that all fees and interest rates may be adjusted and all rebates may be amended or withdrawn by African Bank at any time upon written notice to the cardholder, in accordance with the National Credit Act 34 of 2005.
• 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. ***Only applicable to qualifying clients and products. Rebate is risk profile & credit behaviour dependant. ****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
VIRTUAL BRANCH