AT
Alan T

1 reviews | Active since Mar 2009

12 Sept 2025, 13:53

No Credit if you do not buy Capitec Credit Insurance Policy

App**** for a credit card. Upon approval, I was told that I need to purchase a credit insurance policy from Capitec. That is an illicit practice that banks are very fond of. Trying to buy a car, house or a loan; no---first buy an insurance policy from us. Then you can get the loan. Their caveat is also a joke, if you do not have your own credit insurance policy, you still do not get a loan. Buy a policy or no credit.

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Replies (1)
Capitec Bank
Capitec Bank's reply12 Sept 2025, 14:39
Official
Good day Client 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.