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The Capitec Bank credit card South Africa is an interesting credit card that is very useful for frequent travelers.
However, is it the best credit card for your needs? To answer this, it’s necessary to thoroughly analyze everything the Capitec Bank credit card South Africa offers.
In this article, we will detail the Capitec Credit Card, also known as the Global One credit card. This way, you will discover whether the Capitec Bank credit card South Africa is for you or not, by analyzing its income requirements, limits, competitive interest rate, and exclusive benefits that go beyond simple credit.
Benefits of the Capitec Bank credit card South Africa
Capitec Bank’s value proposition goes beyond simply offering credit and interest rates. Let’s look at everything it offers.
Cashback and Connectivity Advantages
One of the main attractions is the 1% Cashback.
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Initially, the customer receives back 1% of the amount spent on all purchases, whether made in physical stores or online.
This constant return contributes significantly to household savings.
Ease of Payment and Certainty of Being Connected to the Internet
The card is compatible with digital wallets, such as Apple Pay, Garmin Pay, Google Pay, and Samsung Pay.
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Another exclusive benefit is 1GB of free data per month, granted to customers who use a Capitec Connect SIM card and have a verified card.
This is a particularly relevant bonus for the public that relies on mobile data for communication.
Competitive Interest Rates, Interest-Free Period, and Credit Growth
In terms of cost, Capitec promotes itself with low interest rates starting from the prime rate.
In 2025, the disclosed interest rate range varies from 10.50% to 21.00% per year, strictly depending on the customer’s credit profile.
For those who practice facilitated financial management, the card offers a period of up to 55 days without interest charges, provided the customer pays the total balance of the invoice by the due date.
Furthermore, responsible use and on-time payments of the Capitec card actively help build a positive credit history, essential for access to larger and cheaper credit in the future.
International Advantages and Earnings on Balance
For those who travel or make purchases in foreign currency, Capitec offers travel insurance of up to R5 million rand.
Another relevant point is the absence of a currency conversion fee on purchases made abroad.
These two benefits together represent substantial savings.
In addition, the card offers an annual return of 3.5% on any positive balance, transforming the card into an instrument that pays interest on the money saved on the card.
Fees and Charges of the Capitec Bank credit card
Simplicity and transparency in fees are a pillar of Capitec, distinguishing it from other options in the market.
Check all the fees charged below.
Firstly, the initiation fee is R100, charged only once. On the other hand, the monthly maintenance fee is R50 per month.
You should also know that the annual interest rate varies from 10.5% to 21% per year, according to the risk analysis.
In addition, the minimum monthly payment required is 5% of the balance. Capitec guarantees free card delivery and low annual fees.
The table below summarizes the fees for easy analysis.
| Type of Fee | Value |
| Initiation Fee | R 100 (one-time charge upon contracting) |
| Monthly Fee (Maintenance) | R 50 per month |
| Interest Rate (Annual) | 10.5% – 21% per year (varies by credit profile) |
| Credit Limit (Maximum) | Up to R 500,000 |
| Cash Back | 1% on all expenses (physical and digital purchases) |
| Interest Exemption | Up to 55 days (upon full payment of the balance) |
Other costs to be aware of Capitec Bank credit card South Africa
In addition to the mentioned fees, it is important to know that specific operations must be considered in the budget.
Firstly, for ATM withdrawals at any South African ATM, the cost is R10 for every R1,000 withdrawn.
For international use, international ATM withdrawals cost R80, and international card machine transactions cost R10.
Payment and transfer fees include free local swipes.
Furthermore, digital transfers cost R2, self-service transactions cost R5.50.
An immediate transfer to another bank costs R6.50, and a transfer to a foreign bank via the app costs R17.
Digital statement orders are free, but via a consultant, they cost R16.
Finally, international processing fees vary from R2 to R10, depending on the transaction amount.
Minimum Income Requirements and Eligibility for Capitec Global One
The Capitec Credit Card requires a minimum income of R3,000 for employed individuals and R5,000 for self-employed individuals.
It is also important to pay attention to age, as you must be at least 18 years old and have permanent employment. If you are not employed, you must prove that you receive at least a pension.
Step-by-Step Guide on How to Apply for Your Capitec Bank credit card South Africa
The application process for the Capitec Bank credit card South Africa is easy. Follow the step-by-step guide below:
- Check eligibility requirements. The applicant must be over 18 years old and prove a stable income, being permanently employed or receiving a pension. Confirmation of minimum income, between R3,000 and R5,000;
- Choose the most convenient application channel. offers several ways to start the application: via the app, website Capitec Bank, WhatsApp (067 418 9565), or phone (0860 66 77 89);
- Gather the necessary documentation for the process. The bank requires the original identity document. In addition to proof of the last salary. Not to mention the bank statement containing the last three salary deposits;
- Complete the credit form with accurate data. In the app or on the website, you must fill in your personal data, address, monthly income, and expenses;
- Sign the contract and activate the card. After approval, the customer receives the digital contract for signature, and the card is delivered free of charge.
After your card arrives, you must activate the card and set the PIN code in the app or at an ATM.
Conclusion
The Capitec Bank credit card South Africa has proven to be a good and transparent option. Especially for those looking for a card focused on savings and international advantages.
With accessible income requirements (R3,000 to R5,000). Thus, the card stands out for its 1% cashback option on all purchases and for exclusive benefits, such as 1GB of free mobile data.
Therefore, if you meet the requirements and value transparency, cashback, and advantages. Just follow the step-by-step guide and order your card.
If this card did not catch your attention, learn about other cards. In particular, we recommend that you check out the credit card offers South Africa which are very similar to those offered by Capitec Bank.