Capitec Mastercard Debit Cards... interesting

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KalMaverick said:
I heard from one lady at Capitec that they are in the process of bringing out credit cards, that will apparently blow the others out the water, but they are being held back by the other banks.

No idea if any of this is actually true though...
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Capitec wants to release a MasterCard debit card... So it will be used as a traditional debit card, with the additional convenience of shopping online.
 
KalMaverick said:
I heard from one lady at Capitec that they are in the process of bringing out credit cards, that will apparently blow the others out the water, but they are being held back by the other banks.

No idea if any of this is actually true though...
Click to expand...

Read a tweet yesterday from Capitec saying they are planning on launching a credit card in 2013 only :-(
 
VG008 said:
Capitec wants to release a MasterCard debit card... So it will be used as a traditional debit card, with the additional convenience of shopping online.
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The lady specifically said credit card.

Read a tweet yesterday from Capitec saying they are planning on launching a credit card in 2013 only :-(
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I wonder if it is true that the other banks are holding them back.
 
No idea, the lady was the manager of the bank if I remember correctly, so I just took it at face value. I wasn't paying all that much attention anyway because it's not something I'm interested in.
 
Shads said:
How do I shop online without a credit card? Would love to know ... That's the only regret I have
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Takealot lets you use debit card. You can even do cash in delivery if you're an og.
 
I have just spoken with Eastgate Capitec in Joburg. This is where I opened my account. They have the new cards. YAY! Gonna go and get my new card after work.

I am a bit confused though...they say they have the cards and I will get it immediately....so they not gonna emboss my name like they do with cheque card by the sounds of it. How does this get used for online shopping then????
 
That's awesome news!!!

Can't wait for them to come to Durban! Let me know if your name gets embossed and if you can use it online. That's what I need most!
 
KalMaverick said:
I wonder if it is true that the other banks are holding them back.
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That I doubt.

Ockie said:
I am a bit confused though...they say they have the cards and I will get it immediately....so they not gonna emboss my name like they do with cheque card by the sounds of it. How does this get used for online shopping then????
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When you open an account they give you a card immediately, so why would this be different?
 
noxibox said:
That I doubt.


When you open an account they give you a card immediately, so why would this be different?
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I just thought that it would be like the Nedbank pin & chip cheque cards where it has the chip and the card number and your name is embossed into the card. When you shop online or order a pizza on the phone they take a imprint of your card when they deliver. So with this card...when you shop online or order a pizza...how they going to take a imprint? Thats all I was wondering.
 
Ockie said:
I just thought that it would be like the Nedbank pin & chip cheque cards where it has the chip and the card number and your name is embossed into the card. When you shop online or order a pizza on the phone they take a imprint of your card when they deliver. So with this card...when you shop online or order a pizza...how they going to take a imprint? Thats all I was wondering.
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You don't need to emboss the card. As long as the card as a Card Number, Expiry Date, & CVV, it can be used for online shopping.
Btw, No one should be taking an imprint of your card... That is how fraud occurs. Never ever ever let anyone take the imprint.
 
Will get me one after work also :)

I hope I can just link to my capitec savings account, without any troubles.

Where can i check the card fees, cant seem to see it online?
 
I have never had an issue using my chip debit Mastercard at toll gates (with Nedbank) surely then Capitec shouldnt either?
 
VG008 said:
You don't need to emboss the card. As long as the card as a Card Number, Expiry Date, & CVV, it can be used for online shopping.
Btw, No one should be taking an imprint of your card... That is how fraud occurs. Never ever ever let anyone take the imprint.
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Really? When I was working in the shop we had to take a imprint of the card on the machine slip, especially with big amounts in case the customer logs a dispute with the bank. It is then used to prove that we had the physical card with us when we did the sale.

hereticangel said:
Will get me one after work also :)

I hope I can just link to my capitec savings account, without any troubles.

Where can i check the card fees, cant seem to see it online?
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I am assuming the card fees stays the same?
 
went there just after 5pm, took me 15min to upgrade the old card to the new debit mastercard, they imprint your name on the card at the branch, though it does not stand out like a normal credit card , does have an expire date and cvc code on it.

The banck charges is the same , you use your savings account money on this card, they destroy the old card.

very impressed with the service was so quick to get it done, and that all after 5pm , take that steve!
 
They are only doing it in PE on Friday, contrary to what the idiot on the phone told me. :mad:

The consultant also seemed utterly flabbergasted that I knew about it. :p
 
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