REC-credit-card-capitec-global-one-za

Capitec Bank Global One Credit Card

✅ Benefits

Yes

🪙 Cashback

1% guaranteed

🧾 Limit

Up to R500,000

👍  Requirement

Minimum salary requirement is R5,000

⭐⭐⭐⭐4.5 / 5

(935 reviews)

What is the Capitec Bank Global One Credit Card?

The Capitec Bank Global One Credit Card offers one of the highest limits on cards in South Africa for people with a mid-range to low income. It is also great if you travel quite a lot.

If you’re looking for a cash back credit card with travel and credit insurance, a limit up to R500,000.00, and requires a minimum monthly income of R5,000.00, this could be your perfect choice!

How does Capitec Bank's Global One Credit Card work?

When the card holder purchases things with it, they receive 1% guaranteed cash back. And if they meet their monthly banking goals, they can get an additional 0.5% cash back.

You can also earn 3,5% interest annually on a positive balance and when you travel you get a free insurance of up to R5 million.

In order to be eligible, all you need is to have a South Africa IDbe over 18 and have a minimal monthly income of R5,000.00.

Why could Capitec Bank's Global One Credit Card be the best choice for you?

  • Credit limit up to R500,000;
  • 1%  Cash back guaranteed on all your spend when you click, tap, swipe or scan to pay in store or online;
  • Zero currency conversion fees;
  • Free local swipes;
  • Free credit card delivery to your door;
  • Interest from prime;
  • Up to 55 days interest-free period;
  • Safe and secure online shopping with retailers;
  • Free travel insurance up to R5 million;
  • Help to build your credit record;
  • Earn 3.50% interest per year on a positive balance;
  • Credit insurance is available if you do not have your own.

Expert Analysis

Fees

Benefits

Overall

positivo  Strengths

  • Benefits: Cash back, Travel Insurance and Credit Insurance;
  • Coverage: Internacional (with no currency conversion fees);
  • Low minimum income: R5,000.00;
  • Limit: Up to R500,000.00.
  • Cashback: 1% guaranteed.

negativo  Weaknesses

  • Reward Program: No;
  • Mileage program: No miles program or extra points;
  • Monthly Fee: R50,00
  • Initiation Fee: R100,00.

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