Capitec Mastercard Debit Cards... interesting

[supersunbird]

From the last sentence of this article:

http://www.moneyweb.co.za/mw/view/mw...ail&pid=287226

In March of this year Capitec will start an extensive roll out of its new Mastercard chip debit card which clients will be able to use to transact online.

I wonder if it will work at toll gates too?

Oh well, my Virgin CC is free so I might just as well keep that anyway.

[pezulu]

Debit Cards can generally not be used for troll gates.
Chipped or not makes no difference.

Should they bring out a petrol/garage card that is linked to the account on the Mastercard, it should work at troll gates.

[SinghDude]

Troll gates ought stop the spammers




OT... Capitec were suppose to introduce a credit card to the market this year... Was waiting in anticipation !!!

[hereticangel]

sorry for posting on a old thread.

did this happen or not? opened a savings accounts at capitec 2 days ago and quite happy with the rates, absa is a joke now with there rates, canceling absa at the end of the month, would love to have that debit card that works online.

[supersunbird]

Thanks hereticangel, I'm going to send a few e-mail to try to follow up...

[burn]

I got a new card at the beginning of the month, it was the same design as the old one. But at only R30 to replace a card, it might be worth it

[supersunbird]

sorry for posting on a old thread.

did this happen or not? opened a savings accounts at capitec 2 days ago and quite happy with the rates, absa is a joke now with there rates, canceling absa at the end of the month, would love to have that debit card that works online.

The feedback is:
They have piloted it and are busy with testing...

[hereticangel]

hmmm thats quite good, hope it does not take long to test it :P

[ColinR]

Looking forward to this.

[noxibox]

Some years ago now both Mastercard and Visa stated their intent that debit cards should work everywhere that credit cards do.

[Barge]

As a Capitec & Virgin Money CC user I will follow this thread with interest. Until garages took Credit Cards, my Capitec debit card with free transactions was what attracted me in the first place.

[Shake&Bake]

Just got a replacement card the other day.
Still the same old design.
Would really love it to be able to transact online with my account.

[Barge]

Would this be the type of chipped debit card that allows one to preload cash onto the chip? That may the type accepted by toll gates etc. though I do not know whether merchants are set up for them. I suppose they would be with the conversion to chipped credit cards already in place.

Toll gates I've used never use the credit card chip however, they just swipe and give a receipt without taking a signature even.

[Ockie]

Just got a replacement card the other day.
Still the same old design.
Would really love it to be able to transact online with my account.

I actually emailed them last week to find out when they gonna give us credit cards. Was hoping to get one and then maybe stop my Virgin card. I would prefer to have everything under one bank. The response I got stipulated that they wont be releasing credit cards...but will be releasing the MasterCard card soon that will enable online transactions. But dissapointing..but oh well.

[cbrunsdonza]

Well Capitec have convinced me to make the move eventually - tired of Standard Bank. Got enough credit on existing cards so do not need another one - but if your looking for Credit Cards to transact online, then get a VCard account.

Go Capitec!!!