- How to get a Capitec credit card without the credit; Capitec Global One Card
- How to Activate the Capitec MasterCard SecureCode
- How to link your Capitec Global One Card to your PayPal Account and Why
- How to link PayPal to FNB (to withdraw money)
Ever wanted to buy something online, but they only accepted a credit card or worse… it was an international site and they only accepted PayPal?
The Global One Card is an innovative offering from Capitec that allows you to purchase from these sites and do a whole lot more! It is in fact, a credit card without the credit! You will be able to make purchases online instantly and connecting your card to PayPal will literally open a world of possibilities.
It is true that you can connect your PayPal account to your FNB cheque account, but this comes with a steep monthly price of R85 per month and the risk of damaging your credit rating if you abuse the account.
The only drawback to the Global One Card is that you cannot withdraw funds from your PayPal account as if you had a FNB cheque account, but there are other options for withdrawing funds that will be discussed in another blog post.
This card gives you the power of a credit card and PayPal and you save a whole lot in bank fees at R4.50 a month! What’s not to like?
The info-graphic below explains how important online shopping is in South Africa and the benefits of the Global One Capitec Credit Card compared to a normal credit card.
Sorry about the image below. I have been trying to get Capitec Bank to update the image since November 2013, but they have not paid attention.
All you need is:
- Identification document
- Original proof of residential address (any of the approved documents in your name with your street address)
- Visit your nearest Capitec branch with the documents above and you’ll have your account before you can say Global One Card. 😛
You will need to activate the credit card facility of your card by asking for this service. Upon doing so, you will receive a print out of instructions on how you can activate your card. You will need to wait for 24 hours before attempting the procedure.
After you have followed through with the instructions and entered your pin you will be able to purchase anything your heart desires! The potential is huge!
Written by Kurt Wyngaard