Capitec Bank Comments

From time to time, we release statements on newsworthy developments. You can read our latest commentary below or browse the archived commentary. Remember that you can also read our media releases for more info.

Archived Commentary from Capitec Bank

How to Spend Your Bonus

Carl Fischer
2010/06/03

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“While it’s important to reward yourself for a year of hard work, too many people blow their annual bonuses on entertainment and pricey gifts - a sure-fire way to suffer from a financial hangover before the festive season has ended”, says Fischer.

Daily Savings for Kids

Carl Fischer
2010/05/24

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''By identifying a savings need from a young age, then growing that money month by month, kids will soon see the benefits of setting a target and reaching it,” says Fischer. 

The Lowdown on Credit

Capitec Bank Spokesperson
2010/05/17

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Credit is money that you borrow and pay back over time. Whenever you buy a product or receive a service without paying cash for it upfront, you’re probably using credit. 

400th Branch Opening

Capitec Bank Spokesperson
2010/02/05

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''Our offering appeals to the cost-conscious consumer looking for value, accessibility and easy to use banking products. Particularly in the light of the recent recession and relatively slow economic recovery, our appeal has grown across all income groups.”

Know Your Debt

Capitec Bank Spokesperson
2009/11/16

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“Determining the different credit structures isn’t easy because it can be difficult to compare like with like,” says Fischer. “For example, the credit you receive from a retail store such as Woolworths will differ from that of a bank. This is because each person that applies for credit is assessed based on his or her unique income and credit history and different prices are applied by credit providers based on their interpretation of your profile.”

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