JM
JJ M

1 reviews | Active since Jul 2011

19 Sept 2019, 11:14

Money not safe in Capitec account

I just recently changed from Standard to Capitec. On 11 September 8 deductions were made from my savings account. It shows just Google on my statement. 8 deductions on one time on the same date and for exactly the same amount? If something like this used to happen once in a blue moon at Standard they would notify me immediately if it and call me to assertain if this was indeed my transaction. Capitec just approved and paid my money to something I did not authorize or was aware of.

The amount of R62. 01 was deducted 8 times. I didn't get any notification so only became aware of this the 14th. I immediately reported this at Google AND at my Capitec branch, where I was told there is a fee of R60 if they look into it. I agreed because I didn't want to lose my money.

Today is the 19th five days later and there has been no feedback whatsoever from Capitec. Seems they are not serious about my money being ****** out of my account.

Standard bank would have reversed tgis transaction by now. I am starting to regret moving to Capitec.

I am brike bow and very disappointed and do not know what happened to my money

0
Replies (4)
Capitec Bank
Capitec Bank's reply20 Sept 2019, 09:17
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 
JM
JJ M's update02 Oct 2019, 17:13
Reviewer Update
The above problem was not solved and my money not refunded.

Today I found another transaction I am not aware of. More money ****** from my account without my knowledge or consent: what is this????
Anyine can now just take money from my account. And this started since I changed my bank account for my salary payments from Standard to Capitec.


  • Amount

  • Transaction
  • Card Purchase

  • Date
  • 28 Sep 2019

  • Posting Date
  • Unprocessed
  • R0.00
  • Fee

  • Description
  • Rapido Us, Inc. Ny (Card 5031)

  • Long Description
  • Rapido US, Inc. NY NYUS
Capitec Bank
Capitec Bank's reply03 Oct 2019, 10:04
Official
Good day
 
 We are trying to contact you to no avail. Kindly contact Complaint Management on ***regarding your complaint. *** 
 
 Kind regards
 Capitec Bank
JM
JJ M's update04 Oct 2019, 13:29
Reviewer Update
This is an eye opener... I now understand why othere banks' banking fees are more than Capitec. They actually assist with ********** deductions without laughable excessive costs.

Now I miss Standard bank. Wish I didn't move to Capitec.