Capitec Global one credit card information 2022

Capitec Global one credit card is the first of the credit card reviews for South Africans we are going to write about. We want to make sure that if you are applying for a credit card, you are choosing the right one.

Capitec global is one of the best credit cards that is also offering you some great benefits. Before you can apply for this credit card, you need to make sure that you know as much about it as possible. The one thing that is making this card unique is the 1% cashback that you are getting every single month. We are telling you everything here.

What is the Capitec Global one credit card all about

This is one of the credit cards you can get from Capitec bank. You will need to have a minimum salary of R5 000, and you can get a credit limit of up to R500 000. The monthly fee is cheap and you will also get the one benefit that other banks don’t offer. The 1% cashback on your credit card spending.

Capitec Global one credit card doesn’t charge any currency conversion fees, and you are also going to get some basic travel insurance. This is a great card if you are a traveler, and wants to get some benefits from using it.

The 1% cashback when using the credit card

This is the thing that is making Capitec Global one credit card special. It is offering a 1% that can become 1,5% of your spending each month back in cash. Meaning that you are basically getting paid to spend money. There is no fine print attached. No matter how much you are spending, you will get 1% back each month.

The good thing is that if you are reading your monthly Capitec banking goals, then you are getting an additional 0,5% cashback. Making it a total of 1,5%.

Getting an additional 0,5% cashback with these purchases

There are a couple of banking goals you need to meet for you to get your 0,5% extra. The problem is that people don’t know what the banking goals are that they need to meet. But, this is why we are here. These are the monthly banking goals that Capitec is talking about:

  • You need to maintain 1 product from Capitec like credit, a funeral plan, or a fixed-term savings plan
  • You will need at least 3 debit orders
  • You will also need to do 5 money out app transactions like buy airtime, and electricity, scan to pay, send cash, or pay beneficiaries.

If you aren’t meeting these goals, you will still get your 1% cashback, no questions asked.

Benefits of Capitec Global one credit card

What is making the Capitec Global one credit card recommended and one of the best credit cards you can apply for in South Africa? These are the reasons why people are applying for this credit card:

  • You are getting a credit card limit of up to R500 000, depending on your credit score and your salary.
  • Using the card in South Africa means that you are paying zero fees
  • You will get 55 days of interest-free payments
  • The interest of 8,25% per year
  • If you have a positive balance, you will earn an added 3,5% per year
  • Easy to apply

Applying for your Capitec Global one credit card

The good news is that applying for the Capitec Global one credit card is easy. You don’t have to worry about visiting a branch to apply for a credit card. You can apply three different ways:

  • Visit the branch
  • By calling 0860 66 77 89
  • Apply online through their Capitec app

Before you can apply for your new credit card, you need to have to meet these requirements first.

  • Have a salary of R5 000 per month for the last three months
  • If you are self-employed, you will need a salary of R10 000
  • You will need your ID, pay slip, and 3 months bank statements

When you are looking for a credit card, you can consider Capitec Global one credit card. This is their latest credit card and the monthly salary that you need to have isn’t as high as you might think.  The great thing about this credit card is the 1%, or 1,5% cashback that you qualify for when you use your credit card each month.