Rating based on 24 reviews

Capitec Bank

  • Low interest rates
  • Savings plans
  • Expert money management

In-page navigation

Capitec Bank homepage
Author Capitec Bank. Screenshot of Capitec Bank website.
[Accessed January 31, 2023]

Capitec - Bank better with us

Bank better with Capitec Bank.

Capitec Bank became the second-largest bank in South Africa in August 2017 with approximately 120,000 customers opening new accounts per month. They have 14,7 million customers and have over 852 retail branches nationwide and they are the employer of over 14,029 staff members.

Global one account

They offer their customers the global one account which means that it is a transacting and savings account facility all in one. Capitec has grown over the years and its main focus is its clients. They have had a growth rate of 23% since 2012 and leaving them with an amazing amount of R8,4 billion of earnings for the 2022 financial year.

Business model

Capitec aims to serve both individuals and businesses offering them a streamlined experience. They will provide their customers with lower costs, lower interest on loans and make transactions effortless.

Personalised banking

Feeling like an upgrade on your vehicle? Then approaching your bank for vehicle finance on a vehicle is the best place to go. You will receive better deals and more attractive interest rates on the finance deal.

Need to invest? Investing is always an ideal way to preserve and grow your money and one of their expert bankers can give you solid and sound advice on which investment to go with.

Loans up to R250 000

Capitec believes in the power of technology to make each interaction easier and simpler. They offer amazing banking solutions, innovative technology, and paperless banking.

With their streamlined banking, they have established an all-inclusive solution. Global One is the one solution to manage savings and access quick credit in real-time.

Personal Loans

You can get a personal loan up to R250,000 over a period of 5 to 84 months.

Decide on the amount you need and the monthly instalment that would best suit you and your pocket, or the option that gives you the lowest interest rate.

Credit is approved in a few minutes and the money is obtainable straight away. You will have a fixed monthly repayment with an interest rate of as little as 10.25%. You also have the option to consolidate all your current loans for easier monthly payments in the form of a debt consolidation loan.

There are two ways to apply for credit: you can use the online app or visit your nearest branch.

Affordable credit insurance

Their credit insurance includes retrenchment and death cover for personal loans that are longer than 7 months this should give you some peace of mind.

Home loans by SA Home Loans

If you’re about to purchase your new dream home, you can pop into the bank and request to speak to a consultant regarding property finance.

Capitec Bank – Banking product

  • Loan Type Banking

Benefits of Capitec Bank

  • CREDIT Cards

Capitec Bank - Affordable Loans

Capitec has a personalised credit solution tailored to your needs. Whether you need a long-term personalised loan, a credit card, or a home loan, they will have the perfect solution.

Some things to keep in mind before applying for a Home loan:

  • Have an area and idea in mind where you would like to live and buy.
  • Compare home loan providers and see who can offer you the best deal.
  • Does the desired home fit your and your family’s lifestyle?

Documents needed to apply for credit.

  • 18 years or older.
  • You cannot be under debt review or be sequestrated.
  • Copy of a signed offer to purchase.
  • ID document.
  • Employed for longer than 2 months.
  • Most recent stamped bank statement.

What determines your loan

  • Your banking and credit history.
  • Your income and expenses to see how much you can afford.
  • Do you earn a stable income?

Apply for credit with Capitec Bank today. One of their friendly consultants will be ready to assist you with all your banking needs. Simply complete their free instant online estimate and they will call you back to discuss the credit option that you had to apply for. Get some financial help from a bank that cares.

Capitec Bank Benefits

  • Low-interest rates.
  • Savings plans.
  • Expert money management.
  • Safe and secure online banking.
  • Loans will be paid out quickly after approval.
  • Personal loans up to R250,000.
  • Manage your credit effortlessly from the easy-to-use mobile banking
man holding thumbs up

Capitec Bank is a trusted & reliable provider of banking

In our review, Capitec Bank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Capitec Bank is a registered credit provider in South Africa: NCRCP13

Customer Reviews & Testimonials

January 2019

Whenever I visit my local Capitec branch I am always greeted with a warm smile. In all my years as a customer, I have never experienced any rudeness or unprofessionalism from any of the consultan...

Judy S
— Pretoria —

July 2018

I’m so glad I switched to Capitec Bank. They’re really affordable and have great benefits too.

Siyabonga M
— Durban —

February 2019

I absolutely love the convenience of Capitec’s Masterpass app which allows me to make cashless payments wherever I go by simply scanning the QR code. And to top it all off, I don’t have to pay an...

Nazreenah S
— Benoni —

September 2021

I’m so glad I switched to Capitec Bank. They are affordable and have great benefits too.

Ellis Y
— Cape Town —

September 2021

Whenever I visit my local Capitec branch I am always greeted with a warm smile. In all my years as a customer, I have never experienced any rudeness or unprofessionalism from any of the consultan...

Mande S
— Durban —

December 2021

I absolutely love the convenience of Capitec’s banking app which allows me to make cashless payments wherever I go. I recommend them to anyone for their banking needs.

Nazreen A
— Nelspruit —

Capitec Bank Contact

Physical Address

  • Braamfontein Devonshire House, 49 Jorissen St Johannesburg Gauteng 2188 South Africa
  • Get Directions

Capitec Bank Universal Branch Code

  • 470010

Postal Address

  • PO Box 12451, Die Boord, Stellenbosch, 7613, South Africa

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday Closed –