Compare fees and rates
Affordable banking
Compare our fees and chargesTypical bank costs |
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| Transactions | Number of transactions |
Traditional bank |
Capitec Bank |
YOU SAVE |
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| Cash withdrawals (own ATM, average R1 000) | 2 | 33.00 | 7.50 | 25.50 |
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| Cash withdrawals (other ATM, average R450) | 1 | 11.25 | 7.00 | 4.25 |
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| Balance enquiries (own ATM) | 7 | FREE | FREE | FREE |
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| Statements (branch) | 1 | 4.50 | 2.75 | 1.75 |
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| Interaccount payments (branch) | 2 | 40.00 | 5.50 | 34.50 |
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| Monthly administration fee | 1 | 10.00 | 4.50 | 5.50 |
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| Debit card purchases | 6 | 12.00 | FREE | 12.00 |
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| Debit orders | 2 | 17.00 | 5.50 | 11.50 |
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| Total per month | 22 | 127.75 | 32.75 | 95.00 |
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| Total per year | 264 | 1 533.00 | 393.00 | 1 140.00 |
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| As at March 2010 | ||||
| **The best alternative of the four traditional banks according to www.thinkmoney.co.za | ||||
| Number of transactions based on the average usage by R10 000 per month earner according to thinkmoney. | ||||
| According to thinkmoney the average interest of R186 per year earned on the Capitec Daily Savings Account will bring the real banking cost down to R231 per year. | ||||
