The Capitec Black Card, officially known as the Global One Black Card, was introduced by Capitec Bank in 2019. Despite the premium appearance, this card is not an upgrade or a private banking product. It is simply a redesigned version of the existing Capitec Global One card, with the main difference being its black colour.
In this guide, we explain what the Capitec Black Card is, who qualifies, and how you can apply for it.
ALSO RAED: How to Reverse Money Using the Capitec App in South Africa
What Is the Capitec Black Card?
The Capitec Black Card is the same Global One debit and credit card previously issued in gold. The features, benefits, and fees remain unchanged — only the design has been updated.
This card is available to all Capitec customers, not just private banking or high-income clients.
With the Capitec Global One Black Card, customers can enjoy:
- 2.25% annual interest on positive balances
- Up to 55 days interest-free on credit card purchases
- Credit limits of up to R250,000
- Personalised interest rates starting from 7.00% per year
Who Qualifies for the Capitec Black Card?
The qualification requirements are the same as those for the previous Capitec Global One card. To apply, you must:
- Be 18 years or older
- Have a valid South African ID document
- Provide your latest salary payslip
- Submit a stamped bank statement showing your last 3 salary deposits
How to Apply for the Capitec Black Card
Applying for the Capitec Black Card is quick and straightforward. Follow these steps:
- Visit your nearest Capitec Bank branch
- Bring the following documents:
- South African ID
- Latest payslip
- Stamped bank statement showing 3 months of salary deposits
- Ask a Capitec consultant to replace your old card with the Global One Black Card
- Your old Capitec card will be deactivated automatically (or you can deactivate it via the Capitec app)
- Your new Black Card will be linked to your Capitec App and all existing banking services
- Once the process is completed, you will receive your new Black Card at the branch
Tip: To speed up the process, take your existing Capitec card with you when visiting the branch.
Capitec Black Card Fees
The fees remain the same as the previous Global One card. There are no additional charges for the Black Card design.
- Initiation fee: R100
- Monthly fee: R40
- Interest rate: 7.00% – 17.50% (based on your credit profile)
- ATM withdrawals:
-
- R8 for withdrawals of R1,000 or less
- An additional R8 for every extra R1,000 withdrawn