Capitec Credit Card Review South Africa – R250k Limit, No Forex Fees and Travel Cover
Capitec Credit Card offers up to R250,000 limit, zero forex fees, free travel cover and 55 days interest-free perks for South African cardholders
Overview and top benefits
The Capitec Credit Card is a practical choice for South African consumers who want a simple, well-priced card that works at home and abroad. It offers an attractive credit limit of up to R250,000, a 55-day interest-free period when you clear your balance, and zero fees on forex transactions for online purchases and cash withdrawals.
Cardholders earn interest on positive balances in their account and get free travel cover when flights are paid with the card, making it a solid travel companion for local and international trips. The Capitec mobile app keeps everything in one place, so you can manage limits, repayments and alerts on the go.
Fees, interest rates and repayment options
Fees are transparent: a small initiation fee and a monthly service fee apply, with interest rates assessed based on your credit profile. The Capitec Credit Card offers two clear repayment options – a straight option with the full interest-free period and a budget option that spreads repayments over months if you need more time.
Understanding your rate is key: better credit profiles attract lower interest rates and higher limits, while missed payments increase costs. Use the Capitec app to set reminders and avoid arrears, which helps keep monthly fees lower and protects your credit score locally.
Travel, security and international use
One of the standout features of the Capitec Credit Card is no forex fees on card transactions, which is a real saving when booking flights, hotels or shopping from international sites. Mastercard acceptance means you’ll be able to use the card widely while abroad, and the included travel insurance offers peace of mind for trips under specified conditions.
Security features such as chargeback protection and card loss support are managed through Capitec’s customer service and app, making it quick to block or dispute transactions if something goes wrong. For frequent travellers, the combination of zero conversion fees and travel cover makes this card a strong contender.
Eligibility, application and everyday convenience
Eligibility is straightforward: you must be at least 18 and meet minimum income requirements, with additional documents like ID and payslips required at application. Capitec assesses affordability and credit history to determine your limit, so a clean record increases the chance of a higher R250,000 limit.
The application process is fast via branch or the Capitec app, and once approved you can manage transactions, set daily limits and choose repayment methods on your phone. The Capitec Credit Card suits salaried people, self-employed applicants who meet the threshold, and anyone who wants easy digital control and solid travel perks.