Capitec Credit Card Review: Cash Back, Low Fees & Travel Benefits

Discover the Capitec Credit Card with 1% cash back, zero forex fees and travel insurance. Learn more about the easy application, pros and things to consider.

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Capitec Credit Card

Enjoy 1% cash back, zero currency conversion fees, free card delivery, rates from 10.5%, up to 55 days interest-free and travel insurance up to R5 million.




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The Capitec Credit Card stands out as a competitive option in the South African market, offering a host of features tailored for convenience, savings and flexibility. With interest rates starting from 10.50% up to 21.00% (depending on your credit profile), the card provides a personalised credit limit. The minimum salary requirement is R3,000, or R5,000 for self-employed applicants. You can expect a one-time initiation fee of R100 and a monthly fee of R50, making it one of the most accessible credit cards in its segment.

How to Apply for the Capitec Credit Card

  1. Gather your original ID document, latest salary slip, and 3-month bank statement.
  2. Ensure your salary meets the minimum requirement.
  3. Visit a Capitec branch, use the banking app, or apply online through the official website.
  4. Complete and submit the application form with your supporting documents.
  5. Await approval and receive your card with free delivery to your door.

Key Advantages

One of the standout benefits is the 1% cash back on all spending, whether you pay in-store, online, or with a digital wallet. Additionally, Capitec offers 1GB of free Capitec Connect data monthly for verified Connect SIM users.

The Capitec Credit Card is perfect for travellers with zero currency conversion fees and free travel insurance cover worth up to R5 million. You also get up to 55 days interest-free on purchases if you pay the full balance by the due date.

Potential Drawbacks

The interest rate will depend on your credit profile, which could mean a higher cost for those with weaker credit scores. Another drawback is that self-employed applicants must demonstrate a higher minimum monthly income, potentially making approval slightly tougher for freelancers and small business owners.

The monthly fee, while competitive, is still an ongoing cost that can add up if you don’t use the card’s full range of benefits.

Our Verdict

The Capitec Credit Card balances accessible requirements, solid travel features and genuine cashback value. The free delivery and data boost are excellent perks, while the competitive rates strengthen its appeal. Overall, the card delivers strong value for first-timers and everyday spenders looking for simple rewards and convenience.

Recommended for you

Capitec Credit Card

Enjoy 1% cash back, zero currency conversion fees, free card delivery, rates from 10.5%, up to 55 days interest-free and travel insurance up to R5 million.




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