Capitec has internet banking now.

[duderoo]

Prob the cheapest bank in SA has internet banking now and with 10% a month for interest and free swipe purchases.

[aadil]

sounds good. who own's Capitec?

[teraside]

Prob the cheapest bank in SA has internet banking now and with 10% a month for interest and free swipe purchases.

Are you with Capitec Duderoo? I'll go to my branch next week and find out some more details, since I need to open a new account.

[duderoo]

tersaide yes I am....just need to buy the token only bugbear for R125 and then activate it.

Fees are cheaper than Go Banking, I mean you can withdrawal any amount at PnP or R1.

http://www.capitec.co.za/fees_rates.asp

Are you with them teraside?

[duderoo]

sounds good. who own's Capitec?

Capitec Holdings I assume. Their share price went from R2, on listing, to now R40, so they cannot be that bad.

[nocilah]

wtf is up with that website - omg its crap

[acidrain]

anyone know if they do business banking... FNB is given us such BS.

[supersunbird]

Prob the cheapest bank in SA has internet banking now and with 10% a month for interest and free swipe purchases.

Oh wait! I thought there was something to get excited about, but no, since the site still says the same since last time I visited it:

"Currently only available in the Western and Eastern Cape"

[duderoo]

wtf is up with that website - omg its crap

And.....for cheap banking the site does not need to look amazing.

[teraside]

tersaide yes I am....just need to buy the token only bugbear for R125 and then activate it.

Fees are cheaper than Go Banking, I mean you can withdrawal any amount at PnP or R1.

http://www.capitec.co.za/fees_rates.asp

Are you with them teraside?

Not yet Duderoo, but my plan is to open a new account. The problem I see at the moment which is the reason I'll wait before going to Capitec is that their Internet Banking only supports the Western and Eastern Cape at the moment.

The account I want to use needs to have internet banking, it's not something I can change

[ironrod]

I phoned Capitec Branch today and was told that they do have internet banking in all the provinces in the country, but they getting the tokens tomorrow, 08July2008.

What I have been waiting for to change banks and get less ripped

[Maelly]

Any news? I need to open one asap, I wonder if one can do it online?
My brother has been using Capiutec for about 2 years now...

[Velenoso]

Err... what ATM do they use? I'm guessing you'd have to spend SASWITCH fee's every time you draw from an ATM? No good.

[kiepie]

Err... what ATM do they use? I'm guessing you'd have to spend SASWITCH fee's every time you draw from an ATM? No good.

I heard there POS is free... Guess like it has pros and cons.

[ABU]

Err... what ATM do they use? I'm guessing you'd have to spend SASWITCH fee's every time you draw from an ATM? No good.

Capitec offers one a range of choices when it comes to withdrawals.


Cash withdrawals at Pick n Pay, Shoprite, Checkers,
PEP, Boxer or Score R1.00

Cash withdrawal at teller R2.25

Capitec Bank ATM cash withdrawal
*Fixed fee per withdrawal R2.25

Other bank ATM cash withdrawal
*Fixed fee per withdrawal R6.50

The last one is the Saswitch fee, which is cheaper than withdrawal fees of many other banks at their own ATMs.