RCS Loans

RCS is based in Goodwood, Cape Town, and was founded in 1999.

They belong to BNP Paribas, one of the leading banks in Europe, with international holdings. They became the RCS Group in 2010. RCS’ purpose is to improve your lifestyle by pioneering easily accessible credit. They want you to enjoy their creative solutions with ease, confidence, and convenience.

Who is RCS and who are their partners?

They're the biggest provider of retail credit in South Africa, and over 30 000 stores accept their store card. Some of the stores where the card can be used include Game, Makro, Mr Price Home, Shoprite, Checkers, Pick ‘n Pay, Clicks, Superbalist, @home, and Builders.

They're the most prominent independent shopper network with over a million cardholders with R1 billion credit available.

The culture at RCS

They're enthusiastic about improving your lifestyle by practising responsible lending while offering a variety of inventive, accessible solutions. They have more than 1500 employees and 1.2 million clients, with over 4000 partners.

They encourage their teams to be willing to learn and open. They're curious and passionate about meeting their objectives and serving you.

A top employer

They've been voted a top employer and their lucky teams enjoy a range of benefits, including the Wellness program, which provides gyms and exercise classes, and fully equipped clinics. Their extensive benefits reach beyond the workplace and they make sure that every employee and their family is taken care of.

The company also promotes the development of its workers' professional skills and provides excellent learning programmes to help them reach their goals. They truly believe in giving all employees continuous feedback and support, which sets them up for success.

They take their social responsibilities seriously and support the causes that inspire them the most. This includes healthy living, education, and providing opportunities for community upliftment, e.g. the recent Gugs Race in the thriving community of Gugulethu. 

They openly encourage inclusion and diversity because they believe we should be learning from one another.

They're a financial services company that offers you a variety of financial solutions under their name and in association with numerous well-known retail stores, in Botswana, Namibia, and South Africa.

RCS offers a selection of lifestyle financial solutions including insurance products, cards, and online loans. These can give you an easy and simple way to pay for goods and services and reach your goals while meeting your needs. 

• RCS loans include cash loans and retail loans up to R250 000
• RCS store card gives you convenient credit
• Their insurance products come with Income Protection Plan, Critical Illness Plan, Funeral Plan, and a Customer Protection Plan

A loan from RCS can help make your dream a reality, or give you cash when you need it. You can use the money to finance your studies, for that unexpected, expensive car repair, or maybe a holiday.

You'll get access to the following

• Cash loans from R2000 to R250 000
• Quick and paperless application
• Instant decision - it takes just seconds
• You'll get the money in less than a day
• Payment options are flexible, from 1-5 year options
• They'll send you free statements every month, by SMS or email
• Each loan comes with Customer Protection Insurance
• Interest rates can be as low as 15%

For example, if you borrowed R10 000 at 28% interest over 2 years, there would be an initiation fee of R1207, a monthly fee of R69 and the total amount payable would be R17 116.24. Your instalments would be R 713 per month. Importantly, RCS’ interest rates will never be more than 28% per year, as laid out by the NCA.

Customer Protection Insurance

This is insurance that covers RCS for your outstanding balance in case you die, become critically ill, permanently or temporarily disabled or lose your income.

They believe that by working together they can achieve the extraordinary. They're a dedicated team that succeeds by sharing their know-how and enthusiasm. They provide their partners with expertise in operating, financing, promoting, and managing credit programmes. They also offer solutions in financial marketing, risk management, call centres, IT, and operations.