Capitec Bank Credit Card: Credit Limit of up to R500,000 with No Foreign Transaction Fee
The Capitec Bank Credit Card offers a credit limit of up to R500,000 with 1% cashback when paying via Apple, Samsung, Google, or Garmin digital wallets!
The credit card comes with the Mastercard logo, ensuring high acceptance around the globe, and you can find out how to apply.
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Capitec Bank is considered the largest retail bank in South Africa, with over 120,000 new accounts opened every month. There are more than 850 retail branches across the country.
The bank provides a variety of services for individuals and businesses, including investment options. The Capitec Bank credit card is a straightforward option for managing daily finances both within and outside of South Africa.
One of its significant benefits is the absence of a currency conversion fee, making it advantageous for purchases in dollars and euros.
Capitec focuses heavily on online shopping, offering security for transactions and 1% cashback on all purchases made intelligently.
Intelligent usage includes payments made via Apple Pay, Google Pay, Samsung Pay, and Garmin. You can also make contactless payments for free with full configuration through the app.
Capitec Bank’s services are highly connected, allowing you to manage everything via smartphone or internet banking.
Other benefits include up to 55 days of interest-free credit, travel insurance of up to R5 million, 3.5% annual interest on positive balances, and available credit insurance.
It is important to know that to receive your card, you must have a Capitec Bank account. The process to open your account is done entirely for the app and with a good user experience.
Additionally, the card helps you build a comprehensive credit history, which is crucial for obtaining other credit cards in the future.
Want to learn another option?
If you are looking for a more premium credit card with international travel perks, you might consider the Absa Private Banking Visa Signature Credit Card.
This option provides VIP treatment in lounges worldwide and exclusive Visa benefits. And you can see exactly how to apply.