Capitec Global One requirements and conditions
To open a Capitec Global One account and apply for a credit facility, you must meet specific criteria set by Capitec Bank and the National Credit Act (NCA).
Minimum requirements
- Age: You must be 18 years or older.
- Residency: You must possess a valid South African ID document or Smart ID card.
- Income: For credit facilities, you need a regular, verifiable monthly income (salary) deposited into a bank account.
- Employment: You must be employed (not self-employed for standard personal loans, though business accounts have different rules).
Required documents
- Original South African ID document (must be 18 years or older).
- Latest salary slip (if applying for credit).
- 3 months' bank statements (if your salary is not paid into your Capitec account).
Credit conditions
Capitec performs a comprehensive affordability assessment and credit bureau check. Active defaults, judgments, or being under debt review will result in a declined credit application. Interest rates are personalized based on your credit profile, up to the NCA maximum.
Capitec Credit Card — published fees and facility terms (2026)
The revolving Mastercard facility sits alongside your Global One transactional account. These figures come from Capitec's published 2026 tariff schedule and pre-agreement disclosures:
| Item | Published detail |
|---|---|
| Monthly card fee | R50 (frozen at 2025 levels for 2026) |
| Annual card fee | None |
| Live Better cash back | 1% on all card purchases, credited on the 10th of the following month |
| Interest-free window | Up to 55 days when the full statement balance clears by the due date |
| Credit limit | Up to R500,000 after NCA affordability review |
| Purchase interest | From 9.75% p.a., personalised at approval and linked to prime |
| Card scheme | Mastercard — chip, PIN and contactless tap |
| Interest on purchases accrues from the transaction date on any balance not paid in full within the grace window. Foreign currency swipes convert at the prevailing Mastercard rate and attract a foreign currency conversion fee quoted on your schedule. |
Credit-card eligibility in practice
For the card specifically, Capitec expects net monthly income of at least R3,000, a clean bureau file at TransUnion SA or Experian SA, and a successful statutory affordability test under the National Credit Act 34 of 2005. Applicants with active defaults, court judgments or debt review status are unlikely to qualify.
Capitec Bank Limited registers as credit provider NCRCP13 and Authorised Financial Services Provider FSP 46669. Verify on ncr.org.za and fsca.co.za. Queries: 0860 10 20 43 | info@capitecbank.co.za | www.capitecbank.co.za.
