Capitec Savings Account

4/8/2022

That’s why Kids Savings accounts are available both online and in person at Capital One locations–so that you can bank on your schedule. Visit your nearby Capital One location to open your Kids Savings Account and get started with awesome free digital tools (and a top-rated mobile app) to help them manage their money, anytime, almost anywhere. Opening A Savings Account – What You'll Need News Capitec Bank There are certain documents that you need to supply when opening a bank account. These documents are governed by Fica and the original proof of residential address and identification documents are outlined here. Capitec Global One account Fixed Term Savings Plan (4.59% to 7.76%) The fixed-term savings account offers you the opportunity to earn an interest rate of up to 7.76%. Keep in mind that you’ll need to make a minimum deposit of R10,000 and the minimum period you can keep your money in the account. The nominal rate is when the interest from your fixed deposit account is paid out every month. Open an Account Savings Calculator. Find the best fees. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13).

Capitec Bank Accounts

Below are some salient informations about the Capitec Bank Accounts. How to open an account and some various forms of accounts in the Capitec Bank are provided.

To open your account, we need the following 2 documents from you:

Original identification document
Original proof of residential address document
If you are liable to pay tax in a country other than South Africa we require your foreign tax number

We will scan and keep a record of these for identification and verification purposes.

Documents we accept

Find out more about all the documents you need: FICA documents info

Some options will require a FICA Declaration form that you can get at any of our branches or download here: FICA Declaration form

Important note on all documents

Certified copies of original documents are only accepted in the case of rental or lease agreements and marriage or birth certificates
Temporary identity documents or passports are not acceptable
A valid version of the document means that it must be current and unexpired
FICA requires that all client information be correct and up to date. It is therefore important that you notify us of any changes to your identity or residential address details. Visit your nearest branch with your identification document and original proof of residential address to update your details

Transaction and savings

The transaction and savings account is your main account (R25 minimum balance; R5.80 monthly admin fee) that gives you affordable banking and up to 4 extra flexible, fixed or tax-free savings plans.

Benefits

Some of the benefits of the transaction and savings account:

Access to Mastercard® Priceless® Cities worldwide
Earn from 4.85% interest per year on daily balances
Easiest transactions at lower, transparent bank costs
Easy access to your money using our app, cellphone *120*3279#, the Internet and your Global One card
Fix the money in any of the 4 additional savings plans and earn up to 9.1% interest