What are the Capitec credit card requirements? It’s something that a lot of people have been asking. Capitec is actually the biggest bank in South Africa. They have the highest number of customers when compared to all the other banks in the country. If you are one of the over 16 million people who bank with Capitec, you may be looking to acquire a credit card. But what are the requirements for you to get one?
What do I need to apply for a Capitec credit card?
The following are the Capitec credit card requirements;
- You need to be over 18.
- You must have original South African ID card.
- A bank statement going back 3 months is required.
- You should earn at least R5000 per month.
- If you are self employed, you should earn at least R10000 per month.
- You need to have a good credit score.
What’s on offer with the Capitec credit card?
Those are the Capitec credit card requirements. In general, these requirements are similar to what you will get with any other bank in South Africa. But what do you get in return? What does the Capitec credit card offer?
Based on our research, this is actually one of the best credit cards that you will be able to find anywhere out there. You get a maximum of R500 000 credit limit. You also get free travel insurance of up to R5 million.
In terms of repayments, you have up to 55 days interest free. You also get 1% cashback when you use your credit card. There is also credit insurance if you don’t already have it.
Here is the Capitec customer care number
How can I apply for a Capitec credit card?
Assuming that you meet all these Capitec requirements, how then do you apply for a credit card? And how will the card be delivered to you? The great news is that there are several options when it comes to making your application.
You can apply for a Capitec credit card online. It’s also possible to make your application by calling 0860667789 Capitec. Another option is for you to visit your nearest Capitec Bank branch.
In this article, we gave you the requirements for applying for a Capitec credit card. It was noted that Capitec is one of the biggest banks in South Africa in terms of customer numbers. The great thing about Capitec is that it allows all its customers to apply for a credit card, as long as they earn a minimum of R5000 per month.
You may also be interested in the Capitec student loan requirements