Enjoy the exclusive benefits and competitive rates offered by the Capitec Credit Card on your purchases.
The Capitec Credit Card offers a robust combination of affordability, rewards, and digital convenience, making it the go-to choice for many customers seeking financial flexibility.
Whether you’re making day-to-day purchases or planning for larger expenses, this card ensures you have the tools to manage your finances efficiently. By utilizing Capitec’s user-friendly online tools and mobile app, you can easily track your transactions, access rewards, and manage your account.
With a range of benefits designed to go beyond the basics, the Capitec Credit Card stands out for its commitment to providing top-tier service and customer satisfaction.
About the Capitec Credit Card
Accepted worldwide, it provides ease of use for both domestic and international transactions, making it a great option for travelers or anyone who frequently shops online or abroad.
Capitec has built a reputation for offering innovative and customer-centric financial products, and the credit card is no exception. With its real-time transaction tracking through an intuitive mobile app, customers can manage their spending on the go.
The card also offers various payment customization options, including flexible installment plans, allowing cardholders to spread out payments for larger purchases while still benefiting from competitive interest rates. This versatility makes the Capitec Credit Card ideal for both everyday use and more significant financial decisions.
Benefits and advantages of the Capitec Credit Card
The Capitec Credit Card provides numerous advantages to its users, making it a well-rounded option for anyone looking to improve their financial management. Here are some of the standout features that come with the card:
- Competitive interest rates, enabling cardholders to plan their finances more effectively and pay lower interest on outstanding balances.
- Simplified account management through the Capitec mobile app, allowing you to monitor transactions, set spending limits, and manage payments with ease.
- Purchase and travel insurance that adds an extra layer of security, giving you peace of mind during shopping or while traveling.
- Flexible installment options with affordable interest rates for larger purchases, allowing you to spread payments over time without straining your budget.
- Cashback rewards on purchases made at participating Capitec partner stores, helping you save money on everyday expenses.
- Real-time transaction alerts, so you can keep track of all activities on your account, ensuring that you stay updated and in control.
- Access to exclusive discounts and promotions at Capitec partner retailers, giving you opportunities to save on shopping, dining, and services.
- Emergency cash withdrawals available at ATMs both locally and internationally, offering access to funds when you need them most, regardless of where you are.
- Comprehensive fraud protection, including 24-hour monitoring and zero liability for any unauthorized transactions, ensuring your account stays secure at all times.
These benefits are designed to give you greater financial control, security, and opportunities to make the most of your spending.
Fees and charges
The Capitec Credit Card boasts one of the most transparent fee structures in the market, with competitive interest rates that make it a great option for managing credit card expenses.
The card has a monthly service fee that covers the ongoing management of your account and access to all the digital tools and customer support services Capitec offers. The service fee is low compared to many other credit cards, making it an attractive choice for cost-conscious customers.
In addition to the service fee, there are minimal charges for ATM withdrawals, both in South Africa and abroad, ensuring that you can access cash when needed without incurring large fees.
Minimum income
To apply for the Capitec Credit Card, applicants must demonstrate a minimum monthly income of ZAR 5,000.
This requirement makes the card accessible to a wide range of individuals, from entry-level employees to those with more substantial incomes.
If specific income details are not available or clearly provided, the South African minimum wage can be used as a reference point.
Annual fee
The Capitec Credit Card comes with an affordable annual fee, which can be waived under certain conditions.
By meeting Capitec’s spending thresholds, you may be eligible to have the annual fee eliminated, effectively allowing you to enjoy the card’s full range of benefits at no cost.
For customers who do not meet these thresholds, the annual fee can still be paid in monthly installments, reducing the financial burden.
Credit limit
The credit limit assigned to your Capitec Credit Card will depend on your income and creditworthiness.
Capitec performs a detailed credit assessment to ensure that the credit limit offered is both responsible and in line with your financial situation.
For new cardholders, the initial limit may be more conservative, but over time, as you demonstrate responsible usage, Capitec offers the flexibility to increase your limit.
How to apply for the Capitec Credit Card
Applying for the Capitec Credit Card is a straightforward process, designed to be completed either online or in person at a Capitec branch. Here’s how you can apply:
- Visit the official Capitec website or download the Capitec mobile app from the app store.
- Navigate to the credit card section and select the Capitec Credit Card option.
- Complete the application form by providing your personal details, income information, and any other relevant financial data.
- Submit the necessary documents, which typically include proof of income, identification, and any other supporting documents requested.
- Wait for Capitec to complete the credit assessment. This process typically takes a few business days but may vary depending on the complexity of your financial profile.
- Once approved, you will be notified, and your Capitec Credit Card will either be mailed to your address or available for pickup at your nearest branch.
Contact Capitec
For any questions, concerns, or support related to the Capitec Credit Card, you can reach Capitec via the following methods:
- Phone: 0860 10 20 43 (available 24/7 for customer support).
- Email: [email protected]
- Address: Capitec Bank, Stellenbosch, South Africa.