Capitec Credit Card: best credit card for beginners
This starter credit card is widely recognized as the best credit card to build credit while earning real rewards. Capitec makes everyday spending work in your favor, turning routine purchases into continuous savings.
Functioning as an ideal credit card for low income earners, it features low requirements while delivering 1% cash back, 1GB of free monthly data, up to 55 days interest-free, and premium travel lounge access.
Should I get a credit card from Capitec Bank?
Capitec Bank has revolutionized banking through transparency and low fees. When you compare credit cards across the market, Capitec consistently stands out for its simplicity and customer-first focus, making it a contender for the best credit cards in South Africa.
Choosing Capitec means getting a reliable low-income credit card South Africa residents trust. With low fees and flexible terms for a credit card with low salary requirements, Capitec makes managing your money simple and affordable.
How to get a credit card from Capitec Bank?
Criteria to apply:
- Be 18 years of age or older.
- Hold an original ID document.
- Provide your latest salary slip (if earning a salary).
- Supply a 3-month bank statement (if you do not bank with Capitec).
- Earn a minimum monthly income of R1,800.
How to apply:
- Start your credit card online application on the web or mobile app.
- Check your limit and submit details for a quick approval credit card assessment.
- Complete your credit card application with an agent over the phone.
- Choose free doorstep delivery or collect your card at any local branch.
Frequently Asked Questions
How Capitec Credit Card interest works?
Interest is calculated based on your personalized credit profile, ranging from prime up to 21.25%. You can avoid paying interest entirely by settling your full outstanding balance within the 55-day interest-free period on straight payments.
How to increase Capitec Credit Card limit?
You can request a credit limit review through the Capitec mobile app or internet banking. Additionally, you can temporarily increase your daily purchase limit up to R1 million for 3 days directly in the app.
How to pay off Capitec Credit Card?
You can pay off your balance by setting up automated monthly direct debits, making electronic funds transfers (EFT) via the app or internet banking, or depositing funds at any Capitec branch or Self-Service Terminal.
How to cancel a credit card from Capitec Bank?
To cancel your card, settle any outstanding balance in full, then contact Capitec customer service, visit a branch, or initiate the account closure request through their official digital banking channels.