DC
Dissatified C

1 reviews | Active since Jun 2020

08 Jun 2020, 14:51

CAPITEC BANK POOR AND INEFFECTIVE CUSTOMER SERVICE

Capitec Bank is not credible to customers and their branch staff are unhelpful, and so are their call center agents. i have unemployment insurance that i took out with Capitec Bank at the time of my credit and loan application. My employer terminated my employment and I had on numerous occasions visited the branch to inform the bank of that. I inquired at the bank to activate the insurance that I am entitled to, and was refused. I checked the policy clauses and to my disappointment, discovered that I was misled by both Capitec Bank branch staff, and their call center agents. I had also attempted to call the Capitec numbers both free call and head office landline, only to find no answer. I have sent emails to their credit insurance departments, and directly to their insurance personnel, '***' who is the compliance officer, and still no assistance. I will be taking further steps as I had exhausted all possible communication with Capitec Bank in resolving my insurance claim on the credit insurance with Capitec Bank.

0
Replies (4)
Capitec Bank
Capitec Bank's reply08 Jun 2020, 16:01
Official
I acknowledge your posting, and have referred it to Complaint Management for immediate attention.
 
Feedback will be provided within five working days.  I trust that this situation will be resolved to your satisfaction.

Kind regards
Capitec Bank
DC
Dissatified C's update09 Jun 2020, 08:48
Reviewer Update
Thank you for your prompt response. Its ironic that I had to resort to taking these steps to resolve my matter with Capitec Bank. My matter should've been resolved in Feb 2020 when I went to the Kenilworth branch. its exactly a month ago, 09 May 2020, when I again raised my complaint with your call center agent Kea, and then later your credit collections department with your call center agent, Leletu. To date, I've followed the guidelines regarding complaints raised at the Banking Ombudsman, and the Insurance Ombudsman. If my matter is not satisfactorily addressed in my favour, based on the legal grounds to the credit agreement between myself and Capitec Bank, will I further pursue that engagement.
Capitec Bank
Capitec Bank's reply23 Jun 2020, 10:11
Official
Good day

Feedback was provided and the matter is resolved.

Kind regards
Capitec Bank 
DC
Dissatified C's update27 Aug 2020, 09:26
Reviewer Update
Capitec is again dishonest in its claims, and has not resolved the matter. Capitec is well informed that the matter is with the Banking Ombudsman who has issued Capitec bank with an ultimatum. Capitec must favourably honour it's client, Dissatisfied, insurance cover on the full loan amount. Capitec cannot sell to its client, insurance policies that are clear in its policy clauses that Dissatisfied is rightfully entitled to the insurance cover.