Capitec Credit Card Review: Earn Cashback, Free Data & No Currency Fees

Capitec Credit Card delivers 1 percent cashback on spending, free monthly data, zero currency fees and personalised limits. Learn the pros, cons, and how to apply in this expert review

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Capitec Credit Card

Get up to 1% cashback, pay zero currency conversion fees, and enjoy free data each month with a low starting interest rate at Capitec.




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The Capitec Credit Card stands out in South Africa for its combination of affordability and valuable features. With interest rates beginning from prime and scaling based on your personal credit profile — ranging from 10.50% to 21.00% — it offers a tailored solution for various financial needs. Credit limits are personalised, and applicants must earn at least R3,000 a month, or R5,000 if self-employed. The once-off initiation fee is R100, with a R50 monthly service charge.

How to Apply for Capitec Credit Card

Applying for this card is simple and can be done online, via the Capitec app, or in-branch. Start by preparing your original ID, most recent salary slip, and a three-month bank statement. Ensure you meet the minimum income requirement. Submit your documents through any of the three channels. Track your application progress with ease, and upon approval, enjoy free card delivery to your door.

Key Advantages

The Capitec Credit Card rewards you with 1% cashback on all spending. Every month, you also receive 1GB free Capitec Connect data. Overseas spending is cost-effective, thanks to zero currency conversion fees on transactions. The card further offers up to 55 days of interest-free purchases and free local card swipes. Additionally, cardholders can earn interest on positive balances, a rare perk for a credit card.

Where It Falls Short

The minimum income requirements, although reasonable, might exclude lower earners. The variable interest rate depends on your credit profile, so not all applicants will benefit from the lowest rates. Some users could find the monthly fee and initiation cost less competitive than certain entry-level alternatives. Lastly, self-employed clients have a higher income bar to clear.

Our Verdict

As an independent reviewer, I find the Capitec Credit Card to be a strong contender for anyone looking to maximise rewards on spending without breaking the bank. Its mix of cashback, free data, and easy, low-fee overseas use is hard to beat, especially if you value straightforward, digital-friendly banking solutions. Consider your eligibility, then decide if this card fits your financial routine.

Recommended for you

Capitec Credit Card

Get up to 1% cashback, pay zero currency conversion fees, and enjoy free data each month with a low starting interest rate at Capitec.




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