The Capitec credit card stands out with an attractive offering: interest rates from 10.50% to 21.00% (depending on your profile), and a personalised credit limit. With a minimum salary of R3,000 (R5,000 if self-employed), you can get up to R500,000 limit if qualified. There’s a once-off R100 initiation fee and a R50 monthly fee, making it accessible for many South Africans looking for smart banking solutions.

How to apply step by step:

1. Have your SA ID, latest salary slip, and 3 months’ bank statements ready.
2. Ensure your monthly income meets the minimum requirements.
3. Apply online, via the Capitec app, or visit a branch.
4. Receive your approval, then enjoy free card delivery.

What are the strengths?

The 1% cash back on all spend is a direct reward for cardholders. Additional perks, like 1GB free data monthly (on Capitec Connect SIMs), and free delivery, stack up the benefits. Zero currency conversion fees mean using your card abroad is affordable and stress-free, making it a winner for both everyday and international spending.

What are the downsides?

Despite the strong benefits, eligibility requirements (salary slips and statements) may not suit everyone, especially informal earners. Also, the monthly fee, though low, is unavoidable. For those only interested in interest-free periods or with minimal spending, some other cards might provide more tailored no-fee solutions.

Verdict

The Capitec credit card is a solid choice for South Africans keen on rewards, affordable usage, and flexibility. Its combination of cashback, free data, and low rates outshines most rivals. If you meet the requirements and want tangible monthly benefits, this card is a dependable all-rounder worth considering.