Capitec loan rates

Loan amount (R)25 00050 000100 000250 000
Term (months)12244884
Interest rate (%)12.90 – 24.5012.90 – 24.514.20 – 24.5016.30 – 22.40
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)2 468 – 2 6232 618 – 29303 095 – 3 7075 815 – 6 884
Total repayment (R)29 616- 31 47162 834- 70 308148 566 – 177 945488 454 – 578 254

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: R40
  • Interest rate: 7.00% – 17.50% (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: 12.15% – 17.50% (based on your credit profile)

Get Online Credit Estimate | Credit Calculator

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Did you know : International Scholarships 2024

There are several international scholarships available for South Africans to study abroad. Here are a few examples:

  1. Mastercard Foundation Scholarship Program: This program provides fully funded scholarships to study at selected universities in Africa, Europe, and North America. It is open to African students, including South Africans, who are committed to giving back to their communities.
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These are just a few examples of the many international scholarships available to South Africans. It is important to research the eligibility requirements and application deadlines for each scholarship program.

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