Navigating the world of credit cards can be daunting, but Capitec Bank offers a solution designed to simplify and enhance your financial journey. The Capitec Credit Card stands out with its user-friendly features, competitive rates, and robust rewards program.
Here, we’ll explore what makes the Capitec Credit Card a great choice for savvy spenders.
Here’s what you need to know:
- Credit Limit: You can get a credit limit of up to R500,000.
- Cash Back: Earn 1% cash back when you pay using the card online, in-store, or through digital wallets like Apple Pay, Garmin Pay, Google Pay, or Samsung Pay.
- Overseas Spending: Pay less when you spend overseas with zero currency conversion fees.
- Interest Rate: The interest rate starts from prime.
- Additional Benefits:
- Up to 55 days interest-free on purchases.
- Safe and secure online shopping with retailers.
- Free travel insurance coverage up to R5 million.
- Help build your credit record.
- Earn 3.5% per year on a positive balance.
- Application Options:
- Online: Apply on the Capitec website or through the Capitec app.
- In-branch: Visit a Capitec branch to apply.
To apply, you’ll need your original ID document, the latest salary slip, and a 3-month bank statement.
The minimum salary requirement is R5,000 (R10,000 for self-employed clients).
Initiation fee is R100, and the monthly fee is R50.
The interest rate varies based on your credit profile (between 11.75% and 22.25%).
Apply online, on the app, or in-branch!
Why Choose the Capitec Credit Card
Here’s some reasons why you can choose the Capitec credit card:
1- Competitive Interest Rates
One of the most attractive features of the Capitec Credit Card is its competitive interest rate. At a time when many credit card providers charge high rates, Capitec offers a more affordable option, helping you manage your debt more effectively. By keeping interest rates low, Capitec ensures that more of your money goes towards paying off your balance rather than interest charges.
2- Flexible Credit Limits
Capitec understands that everyone’s financial needs are different. That’s why the Capitec Credit Card comes with flexible credit limits tailored to your financial situation. Whether you need a higher limit for substantial purchases or a lower one to keep your spending in check, Capitec has you covered.
3- Easy Application Process
Applying for a Capitec Credit Card is straightforward and hassle-free. The application process can be completed online, and you’ll receive a quick response regarding your eligibility. Capitec’s transparency about their criteria helps you understand your chances of approval, reducing the anxiety often associated with credit card applications.
4- Innovative Banking App
Capitec’s innovative banking app is a game-changer for managing your credit card. The app provides real-time updates on your spending, payments, and available credit, allowing you to stay on top of your finances with ease. You can also set up payment reminders and alerts to ensure you never miss a due date, helping you avoid unnecessary fees and interest charges.
5- Rewards and Benefits
The Capitec Credit Card offers a rewarding experience for its users. With every purchase, you earn rewards points that can be redeemed for a variety of benefits, including travel, dining, and shopping discounts. This rewards program is designed to add value to your everyday spending, turning routine purchases into valuable perks.
6- Enhanced Security Features
Security is a top priority for Capitec. The Capitec Credit Card comes equipped with advanced security features, including chip technology and secure online transaction protocols. Additionally, the banking app allows you to quickly freeze your card if it’s lost or stolen, providing peace of mind in case of emergencies.
7- Affordable Fees
Capitec is committed to keeping banking affordable. The Capitec Credit Card comes with minimal fees, ensuring you get the most value from your card without being bogged down by excessive charges. The transparency in fee structure allows you to understand exactly what you’re paying for, with no hidden costs.
8- Customer Support
Capitec prides itself on offering excellent customer support. Whether you have questions about your credit card, need help with transactions, or require financial advice, Capitec’s support team is readily available to assist you. Their dedication to customer service ensures that you always have the help you need when you need it.
Capitec Credit Card Limit Increase Online
To increase your Capitec credit card limit, follow these steps:
- Online Banking:
- Log in to the Capitec internet banking portal using your password or remote PIN.
- Click on “View my list of Cards.”
- Select the relevant card.
- Click on “Update daily card limits.”
- Input your permanent/temporary daily limit for online, phone, or mail transactions.
Remember that your online shopping limit is not the same as your card purchase or ATM limits, and must be set separately. If you have any further questions, feel free to ask!
Capitec Credit Card Number
To contact Capitec Bank regarding your credit card, you can use the following options:
- Client Care Centre:
- Call 0860 10 20 43 for general inquiries or assistance related to your credit card.
- Lost or Stolen Card:
- If your credit card is lost or stolen, call 067 418 9565 or 021 941 1377 (available 24/7).
- Business Banking Queries:
- For business banking queries related to your credit card, call 0860 30 92 50.
Conclusion
The Capitec Credit Card is a robust financial tool that offers a blend of affordability, flexibility, and rewards. Its competitive interest rates, flexible credit limits, and user-friendly banking app make it an excellent choice for anyone looking to simplify their finances and maximize their spending power.
With enhanced security features and a focus on customer support, Capitec ensures that you have a reliable partner in managing your credit. Whether you’re looking to make everyday purchases or plan for larger expenses, the Capitec Credit Card provides the benefits and peace of mind you need.