How Much Does Capitec Charge for ATM Deposits?

How much does Capitec charge for ATM deposits? It’s a question that a lot of Capitec customers have been asking. Capitec currently has over 16 million customers in South Africa. That makes it the biggest bank in terms of customer numbers. One reason why people are attracted to Capitec is because of low charges and friendly rates. So, what can you expect to pay when you deposit money at an ATM?

Capitec ATM deposit fee

Capitec charges R1.40 for every R100 that is deposited at a cash-accepting ATM. That’s actually cheaper than making your deposit at a branch, where you get charged R4 for every R100 that you deposit. Meanwhile, when depositing coins at a coin deposit machine, you are charged R15 per R100.

Where can I find cash accepting ATMs

That’s the answer to the question how much does Capitec charge for ATM deposits. We just noted that it’s cheaper to make your cash deposits at an ATM. But where can you find ATMs that accept cash?

Simply go to this web page and find the ATM that’s nearest to you. Select the option for cash accepting ATMs. You will also be able to find Capitec branches that are nearest to you. Once you have found one, you should go there and you will be able to make your cash deposit.

As an example, you can search for a cash accepting ATM in Midrand. When we carry out this search, you will at Midrand Blue Hills and at Midrand Boulders.

Nedbank account opening requirements

Summary

In this article, we answered the question how much does Capitec charge for ATM deposits. It was noted that the charge is R1.40 for every R100 that you deposit into the ATM.

It was noted that it’s cheaper to make such a deposit when compared with depositing at your nearest bank branch. We also gave you hints on how you can find cash accepting ATMs near you.

What is the Nedbank to Capitec transfer time?