The Requirement to Open a Capitec Bank Account in South Africa

Can I open a Capitec Bank account online without going to the bank?

Our banking app gives you the control to open your account from anywhere, using just your smartphone. Simply enter your SA ID number and take a few selfies.

How long does it take to open a Capitec account?

As soon as you’ve signed the agreements, your account will be active immediately and you’ll have access to all the Capitec features available on the app. “The only thing you’ll have to do thereafter is to visit a branch to collect your card.

How much money do I need to open a capitec bank account?

Your transactional account has a R25 minimum balance and just R6. 50 monthly admin fee, with easy transactions at lower, transparent bank costs.

Do I need proof of residence to open a Capitec Bank account?

No proof of residential address needed.