Capitec Credit Card Review

Enjoy transparent fees, 1% cash back, and 55 days interest-free—get rewarded for everyday spending!

The Capitec Credit Card is tailored for South Africans who want simplicity, low fees, and practical rewards without the usual complexity of traditional credit products. Designed to bring clarity to your spending, it combines budgeting tools with tangible perks that make every rand go further.

This card stands out by delivering everyday value while upholding financial responsibility. Whether you’re using it for groceries, retail, or occasional trips abroad, this card supports responsible credit use with straightforward terms and built-in flexibility.

Your Capitec Credit Card Advantage

Benefits of the Capitec Credit Card

• 1% cash back on every purchase
  Every time you use your card—whether in-store, online, or through a digital wallet—you earn 1% cash back. This cash is credited to your Live Better savings account monthly and can be used or saved as you prefer.
• Low, transparent fees
  There’s a once-off initiation fee of R100 and a manageable monthly account fee of R50. The interest rate is personalised based on your credit profile, promoting fairness and predictability in your monthly costs.
• Up to 55 days interest-free on purchases
  Capitec offers up to 55 days of interest-free credit on purchases, provided you pay the full statement balance by the due date. This gives smart spenders a flexible window to manage timing and cash flow.
• Free Capitec Connect data
  With a verified Connect SIM, cardholders receive 1GB of data every month. It’s a practical bonus that helps you stay connected at no extra cost.
• Interest earned on positive balance
  If your account balance is positive—meaning you deposit more than you spend—you can earn interest on that positive amount. It’s a rare feature that turns your card into a savings tool as well.
• Help build your credit record
  Responsible use of the card, including timely repayments and low utilisation, helps strengthen your credit score. Over time, this builds stronger creditworthiness for future financial needs.
• Free local swipe transactions
  Using your card for local swipes doesn’t attract extra charges, making everyday purchases seamless and economical.
• Credit insurance available
  If needed, you can opt for credit insurance to protect your outstanding balance in cases like retrenchment, illness, or death. It’s a safety measure that adds peace of mind for unexpected circumstances.

Qualification Requirements

• Minimum age 18 years
  Applicants must be South African citizens or permanent residents aged 18 or older.
• Minimum monthly income
  If employed, you must earn at least R5,000 per month. For self-employed individuals, the requirement rises to at least R10,000 per month.
• Valid SA ID document
  A valid South African identity document is essential for verifying your identity.
• Latest salary slip
  Proof of income through your most recent salary slip is required.
• Bank statement
  Supply a stamped bank statement showing your latest three salary deposits if your salary is paid into an account other than Capitec.
• Good credit standing
  You must not be under debt review, sequestration, or financial administration. Capitec evaluates your credit standing before approving the application.

How to Apply for The Capitec Credit Card

1. Apply via mobile app or website
   Begin by logging into the Capitec mobile app or visiting the Capitec website and selecting the Credit Cards section to start your application.
2. Provide personal details
   You will be asked for personal information, income details, and other essential data during the digital application process.
3. Upload documents
   Submit your valid South African ID, latest salary slip, and required bank statement if applicable through the app or online portal.
4. Await eligibility review
   Capitec reviews your application, assesses your credit profile, and may offer personalised terms—such as interest rate and credit limit—based on this information.
5. Complete delivery or branch collection
   Once approved, you’ll receive your credit card either delivered to your door or for collection at a branch, according to your preference.
6. Activate and manage
   Activate your card using Capitec’s digital channels. From there, manage your spending, set limits, and view statements all within the app.

Frequently Asked Questions

Can I earn rewards on every purchase?
Yes, you earn 1% cash back on every purchase, credited monthly to your Live Better savings account.

How many interest-free days do I get?
You can enjoy up to 55 interest-free days on purchases if you pay the statement balance in full by the due date.

Is there a monthly cost to keep the card?
Yes, there is a monthly service fee of R50, plus a one-time initiation fee of R100 when you first sign up.

Do I need a certain salary to apply?
Yes, employed individuals need a minimum monthly salary of R5,000 while the self-employed require at least R10,000 per month.