Get Credit

know what you get, know what you pay

If you’re planning on applying for credit or a credit card, here are the numbers you’ll need to know. The rates and fees below are effective as of 20 May 2022.

know what you get, know what you pay

Term loan rates and fees

Loan amount (R)25 00050 000100 000250 000
Term (months)12244884
Interest rate (%)10.25 - 25.7511.30 - 25.7515.60 - 25.7517.45 - 25.75
Credit life insurance R/1000 per month4.00 - 4.504.00 - 4.504.00 - 4.504.00 - 4.50
Monthly service fee69696969
Once-off initiation fee (R)1 207.501 207.501 207.501 207.50
Monthly repayment (R)2 356 - 2 5582 490 - 2 8703 058 - 3 6595 800 - 7 225
Total repayment (R)28 343 - 30 76659 833 - 68 943146 865 - 175 692487 247 - 606 973
25 000
Term (months)12
Interest rate (%)10.25 - 25.75
Credit life insurance R/1000 per month4.00 - 4.50
Monthly service fee69
Once-off initiation fee (R)1 207.50
Monthly repayment (R)2 356 - 2 558
Total repayment (R)28 343 - 30 766
50 000
Term (months)24
Interest rate (%)11.30 - 25.75
Credit life insurance R/1000 per month4.00 - 4.50
Monthly service fee69
Once-off initiation fee (R)1 207.50
Monthly repayment (R)2 490 - 2 870
Total repayment (R)59 833 - 68 943
100 000
Term (months)48
Interest rate (%)15.60 - 25.75
Credit life insurance R/1000 per month4.00 - 4.50
Monthly service fee69
Once-off initiation fee (R)1 207.50
Monthly repayment (R)3 058 - 3 659
Total repayment (R)146 865 - 175 692
250 000
Term (months)84
Interest rate (%)17.45 - 25.75
Credit life insurance R/1000 per month4.00 - 4.50
Monthly service fee69
Once-off initiation fee (R)1 207.50
Monthly repayment (R)5 800 - 7 225
Total repayment (R)487 247 - 606 973

Please note that these are examples only. You can choose any term for your loan (up to 84 months) to make your monthly repayments more affordable. Your actual credit amount and credit interest rate will be based on your individual credit profile and affordability.


Credit card rates and fees

  • Initiation fee: R100
  • Monthly fee: R45
  • Interest rate: 8.25% - 18.75% (based on your credit profile)

Access facility rates and fees

  • Initiation fee: up to R300
  • Monthly fee: R0 (without active balance owing) R69 (with active balance owing)
  • Interest rate: 13.65% - 18.75% (based on your credit profile)

Term Loan

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