How Much Does Capitec Charge for SMS Notifications?
Capitec, the biggest bank in South Africa, has taken a number of steps to ensure that customers are protected as they save and transact. That’s particularly important considering the many security challenges that people face on a daily basis. Bank fraud has become a common occurrence in South Africa, and it’s important to remain safe. One way of doing this is by ensuring that you get notifications each time a transaction occurs on your account. However, these notifications are not free. You are here because you have been asking yourself, how much does Capitec charge for SMS notifications? We will provide you with the answer in this post.
Capitec SMS notifications cost
According to Capitec, SMS notifications cost R0.40 each. That’s R1.20 for three notifications. The good news is that there is an alternative way through which you can get notifications for free.
The costs can mount up
R0.40 per notification may not appear like much, but it will accumulate over time. That’s particularly the case if you do a lot of transactions per day.
Let’s assume that each day you carry out 10 transactions. It means by the end of the day, you will have been charged R4 by Capitec.
By the time the month ends, you will have accumulated a lot of charges this way. There are a lot of people out there who carry out multiple transactions daily, so the figure may even be higher.
Alternatives
We have answered the question how much does Capitec charge for SMS notifications. It was noted that the charge is R0.40 per notification that is sent to your phone.
If you carry out a lot of transactions throughout the month, you may wish to reduce eliminate the amount that you pay. There are a couple of ways through which to do.
The best is probably to switch to in app notifications. Unlike SMS notifications, in app notifications are free of charge.
Here is an article in which we take you step by step on how to enable in-app notifications on the Capitec mobile app.
Summary
In this article, we answered the question how much does Capitec charge for SMS notifications. It was noted that SMS notifications are security feature. They trigger when different transactions occur, such as a withdrawal or a transfer.
If you are not the one who has initiated the transaction, that gives you the opportunity to block your account to prevent further loss. Unfortunately, SMS notifications are not free. However, there is an alternative that you can use to get notified on transactions for free.
Capitec reverse payment number