Credit card operations are sometimes intriguing, and credit card users are able to face this issue using the Janine Capitec Global One Credit Card. Created with the intent of being used as a piggy-bank, this card will afford a list of services to the needs of your daily banking.

Now, let us try to discuss on the key characteristics, benefits in having as well as on how to acquire Capitec Global One Credit Card to assist you in determining whether or not this credit card is suitable for you.

Key information about the credit card

How does the annual fee work?

The general activation of the Capitec Global One Credit Card is not accompanied by any annual fees. This aspect is rather a very important one and may be described in detail since it enables the cardholders to gain full benefits without incurring extra charges. Some credit cards come with very high fees that may put you off, but with the Global One Credit Card, that is not the case here as there are no annual fees. 

How is the credit limit determined?

The credit limit of the Capitec Global One Credit Card depends on various parameters to guarantee individual and flexible solutions. With the normal credit cards, Capitec’s consideration process involves an assessment of the applicant’s credit department record, income and financial status.

Advantages of the credit card

• Zero purchase fees: Also, do not worry about transaction charges since you will be able to make your purchases whether it is in-store or online.
• Wide acceptance: They are accepted for ATM use, branch transactions, card point of sale terminals, online purchasing, telephone/ mail order services.
• Convenience of cash withdrawals at supermarket tills: Joined with giants like PnP, Shoprite, Checkers, Spar, Boxer you can withdraw cash with lesser charges than ATM.
• Free virtual card: In the Capitecbank App for quick and convenient cardless Scan to Pay transactions and other pay as you go.
• Extended branch hours: In terms of in branch transactions, according to your schedule, Capitec branches are open longer.

Standout advantage

The special feature that is most easily defined as a major benefit of using Capitec Global One Credit Card is the option of having no buying fees. By this, the cardholders are able to make their purchases without incurring other expenses on top of the announced price making the service cheaper as compared to normal purchase.

Disadvantages

• Limited international acceptance: Although the card may be accepted internationally, compared to other international credit card brands the acceptance may be limited.
• Fixed ATM fees: Other non Capitec ATMs can come with fixed fee that are sometimes higher than the other options out there.
• Lack of extensive rewards program: However, the Capitec’s Global One Credit Card lacks one major component; the rewards plan is quite limited as is with some of the competitors.

A standout disadvantage

The first major weakness that can be attributed to the Capitec Global One Credit Card is that it has very little acceptance overseas. Though, it can operate internationally, it wouldn’t necessarily be as popular as other significant international credit card services.

Who can apply for this card?

Before applying for the Capitec Global One Credit Card there are some requirements that the applicants have to fulfill. One has to be fairly experienced and not younger than 18, by the way, South African identification number is required.

Also, good and clean credit score and documented income prove the candidate’s liquidity. In another theme, the card is not offered to those with a hostile credit profile hence customers applying for it are creditworthy.

How to apply for the Capitec Global One Credit Card

For the website

To fill an online application to be approved as a Capitec Global One Credit Card holder, the applicant should log into the bank’s official website. You should locate the credit cards section and then go to the application page of the Global One Credit Card. Here you should complete a questionnaire similar to application form that should include the ID number, contact information and other requested incomes.

Make sure to provide all necessary and authentic information to enable the authorities to process your application to the desired outcome. After submitting your documents, you will receive a confirmation email, and from the Capitec side, you may be contacted for further identification and/ or other documents, depending on the circumstances. Application is made online, hence enabling you to apply without necessarily having to go to the office or a certain district.

Through the app

It is also very easy to apply for the Capitec Global One Credit Card through the Capitec mobile application. First, if you have not yet done so, obtain the Capitec app from the app store of your smartphone.

After downloading, Log in with your username and password or register a new account if you are a new user. Inside the application, go to the choice offering credit cards and choose the Global One Credit Card. It then gets to the form filling section that requires basic information as a unique identifier and financial data.

Using the mobile application, scanning and uploading of any required documents are easy and completely done through the phone without the need for any printed documents. When applying via the app, you are also certain that you can have updates on the status of your application right on your device.

At the branch

Applying for a Capitec Global One Credit Card which is a face to face application is best for people who like to apply personally in a branch. Go to the relevant Capitec bank branch near you and take along with you copies of your identity document, your proof of income, and any other relevant documents as may be required by the bank. You will be helped to fill in the application form by a consultant and directed throughout the whole process.

They will also explain to you anything that you have to know about the card, or the other facets of the card that a layman will hardly notice. There are also some of the functions of the application process that can be performed on the self-service terminals which are present at the branch, if one wishes to do so. The filed application guarantees you get appropriate attention and can deal with any complications during the application of the service.