Capitec Bank Credit Card: Credit Limit of up to R500,000 with No Foreign Transaction Fee
The credit card from Capitec Bank provides a credit limit of up to R500,000 and rewards users with a 1% cashback when making payments through digital wallets like Apple, Samsung, Google, or Garmin.
The credit card features the globally recognized Mastercard logo, guaranteeing widespread acceptance worldwide. Discover more information on how to submit your application.
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Capitec Bank holds the reputation of being the biggest retail bank in South Africa, attracting over 120,000 new accounts monthly. The bank maintains a network of more than 850 retail branches nationwide.
The financial institution offers a range of services for both individuals and businesses, which includes opportunities for investment. The Capitec Bank credit card is a convenient choice for handling day-to-day financial matters, both domestically and internationally.
A key advantage is its lack of currency conversion fees, which is beneficial for transactions in dollars and euros.
Capitec places a strong emphasis on internet shopping, providing secure transaction options and a smart 1% cashback reward on all purchases.
Smart utilization encompasses utilizing Apple Pay, Google Pay, Samsung Pay, and Garmin for payments. Additionally, you have the option to make contactless payments seamlessly with complete setup via the application.
Capitec Bank provides a seamless banking experience, enabling customers to conveniently handle all transactions through their mobile app or online banking platform.
Some additional advantages comprise a grace period of up to 55 days without interest charges, travel coverage up to R5 million, an annual interest rate of 3.5% on positive balances, and the option for credit insurance.
To obtain your card, it is essential to have an active Capitec Bank account. The account opening process can be conveniently completed via the app, ensuring a seamless user experience.
Moreover, the card assists you in establishing a thorough credit background, a key factor for acquiring additional credit cards down the line.
Interested in exploring a different choice?
If you’re in search of a higher quality credit card offering international travel benefits, the Absa Private Banking Visa Signature Credit Card could be a suitable choice.
This choice offers VIP privileges in lounges around the globe and exclusive Visa perks. Find out precisely how to submit your application.