JS
Jo-Ann Smit

1 reviews | Active since May 2020

03 May 2020, 06:49

Lockdown - lets delete your tax free with all the savings in it!!!!

For some or other strange and unknown reason, as soon as your tax free account reaches maturity, the account (or any other account) will be removed without an option to extend the fixed period. Six months ago I did flag capitec and requested that my account must not be removed and that the period must be extended. This means it is a problem that capitec is aware of. My daughter's savings account disappeared when the tax free reached the maturity date! I was informed that I need to go to a branch do to this. Due to the lockdown I could not go to a branch - and what happened midnight when my account reached the maturity date? Goodbye tax-free and all the money in it!!!!! Just gone!!! missing!!!! no option of extension of the maturity date!!!! Just gone!!!!!!

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Replies (2)
Capitec Bank
Capitec Bank's reply04 May 2020, 09:55
Official
Please accept my sincere apology for the frustration you experienced as result of this incident. 
 
Complaint Management will take ownership of this investigation and will provide you with feedback within the next five working days.  I trust that the matter will be resolved to your satisfaction. 

Kind regards
Capitec Bank
Capitec Bank
Capitec Bank's reply06 May 2020, 12:40
Official
Good day Mrs Smit
 
As discussed telephonically, I confirm the matter has been dealt with.
 
Kind regards
Complaint Management
Capitec Bank