RP
Robin P

1 reviews | Active since Nov 2020

19 Oct 2023, 08:51

Ridiculous bank charges

I am a pensioner. My pension goes into my Capitec acc. If i withdraw R100 from a Capitec ATM, the fee is R9.50. I equired at the Chatsworth branch. They said thats their rates. R9.50 of any withdrawal of amounts from R10 - R1000. So, this bank is NOT for us poorer people that does small withdrawals.

0
Replies (2)
Capitec Bank
Capitec Bank's reply19 Oct 2023, 08:54
Official
Good day Robin 

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 
RP
Robin P's update19 Oct 2023, 10:15
Reviewer Update
Thank you. I appreciate your prompt response. I have been banking with mist of the bigger banks. I was very impressed with Capitec based on feedback from friends. I opened the account just for my pension But have started running some of my other transactions through the account.
You must understand that a lot of people changed to Capitec due to low charges but thats not true Anymore. Most people are not aware of this way of charging fees for widrawal.
Thanks