JK
Jan K

1 reviews | Active since Dec 2011

15 Jun 2023, 08:57

Capitec interest rates.

This is just a headsup for investors. I went to inquire about the reduction of interest on my Capitec investment The interest rate for Capitec investment accounts is inversely related to the repo rate. Therefore, the higher the repo rate, the lower the interest rate on your investment. Unfortunately, Capitec does not share this information with their clients.

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Replies (1)
Capitec Bank
Capitec Bank's reply15 Jun 2023, 14:54
Official
Good day Jan Thank you for letting us know of your concern, and for your patience while we explore this matter. We have assigned your query to a designated official who will contact you within the next business day. Kind regards Capitec Bank