Open my info

my finds

remove bookmarks
    You don't have any bookmarks saved. Click the star icon on a panel to add it to your bookmarks. Your bookmark has been saved. Bookmark removed.

    bank better, live better

    why you should go cashless this march

    If there was an easy way to save money, would you do it? Find out what it means to go cashless, and how doing so could cut your monthly bank fees by over 90%.

    Why you should go cashless this March

    Nobody wants to pay more for using their own money. Cash is expensive, and drawing cash from an ATM can cost you hundreds of rands in fees every year. So to help you find out how easy it is to switch to digital banking and save on cash fees, Capitec created a unique challenge… 

    Cash is so yesterday… Go cashless and win!  

    Can you go cashless for an entire month? Take up our #GoCashlessChallenge and stand to win every week in March! It’s easy – instead of drawing cash, simply: 

    • Pay with your Capitec card 
    • Use our app or Internet banking to pay people or accounts 
    • Scan to pay with Capitec MasterpassTM 
    • Use *120*3279# for your transactions  

    What’s in it for you? Besides saving money on bank fees, for every 3 digital transactions you do, you will automatically be entered into our weekly draw. You could win a share of R50 000 paid into your Capitec account, or one of 20 Huawei Mate 20 Pros! Read more here.

    More reasons to go cashless

    You will save on bank fees

    Let’s say you have to pay for rent and groceries. If you draw R5 000 cash at a Capitec ATM, it costs you R30 in fees. If you then go into a branch to pay that money into the landlord’s account, it costs you an extra R6. In total, you spend R36 in fees.  

    Instead of drawing cash and then making a payment inside a branch, you can use our banking app or Internet banking to transfer the money straight from your Capitec account into the other account. And it will cost you just R1.  

    Here’s how digital banking can help you save on your bank fees:

    Immediate payments 

    If the payment is urgent, if will cost you just R8 to make an immediate payment on our app (over 500% less than other banks). The money will be available in other bank’s account immediately. 

    When you’re shopping, instead of using cash you can pay with your Capitec card in-store and also online at zero fees.

    You will save time

    Waiting in queues to draw cash is a waste of time. If you spend 10 minutes a week in line at an ATM, it adds up to 8 hours in a year! Skip the queues and pay with your Capitec card, or start paying people and accounts on our app or Internet banking.  

    Need airtime, data or electricity? Instantly buy prepaid on our app even if you don’t have data, or get it on *120*3279# at no fee. 

    You will have less to worry about  

    Carrying cash around has many dangers, such as theft or loss. A lost or stolen card can always be stopped, but lost cash can’t be replaced. Payments on our app are very secure, just make sure you don’t share your Remote PIN with anyone.  

    For added peace of mind you can activate transaction notifications (40c per SMS) on our app so you will be notified when as little as R30 goes off your account. 

    Still have concerns? We answer the most common questions about going cashless here.

    Was this article helpful?

    Top Tips To Save For Your Next Holiday

    top tips to save for your next holiday

    Big break = big spending? Not if you plan it well. We share helpful tips on how and when to start saving for your next holiday.

    Read now
    Global One's 4 Extra Savings Plans

    save for your future

    With Global One, you get 4 extra savings plans and could earn up to 8.65% interest. Simply choose a savings plan and your deposit option and start investing.

    Read now
    Switch Your Debit Orders & Salary Online with Capitec

    bank better and save

    Save time and money by switching your salary and debit orders. Do it online or visit a Capitec branch where a consultant will assist you.

    Read now
    Tips For Spending Your Christmas Bonus

    tips for spending your year-end bonus

    It’s tempting to use your annual bonus (if you’re lucky enough to get one) to splash out on expensive gifts and treats. However, spending it wisely or investing some of the money is a better idea than spending it all over the festive season.

    Read now