MS
Miguel S

1 reviews | Active since Nov 2020

09 Sept 2025, 14:07

Do not bank with Capitec

I app**** for a credit card.

At no point did they say my application might not be successful.

So I patiently waited for 2 weeks while I had to resubmit my bank statements because the ones I had previously gave them were out of date because they took too long process my application.

Now yesterday I get told that my application is unsuccessful.

Believe it or not I was okay with that. So I sent them a very polite email to find out why it was unsuccessful so I don't apply to other banks who might reject my applications based on the same reasoning.

The email I get back from Zihle (consultant) is that I need to contact her colleagues in her company to find out the reason.

I have been in the service industry (audit and advisory) for 20 years. When a client asks me for information that is in the company I don't tell them to contact someone else. I speak to my colleagues and I get that information for my client. One point of contact is what you guys need to focus on. The client doesn't want to speak to more than one person as that usually leads to miscommunication or misunderstandings.

You can do better Capitec.

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Replies (3)
MS
Miguel S's update10 Sept 2025, 13:11
Reviewer Update
All I want now is the reason why the application was unsuccessful which for some reason your company either can't find out from your own colleagues or they don't want to tell me for some weird reason.
MS
Miguel S's update13 Sept 2025, 11:19
Reviewer Update
I get told that I didn’t meet the minimum requirements and my credit score of 656 is not good enough.

What the minimum requirements? That has to be to the worst reason I have ever heard. How on earth does that help me?
MS
Miguel S's update13 Sept 2025, 13:21
Reviewer Update
What is Capitec hiding?

Why can’t they just answer one very simple question. Why was my application unsuccessful?