Capitec Bank gets major love on Twitter after debit order charges debate
Capitec Bank found itself right in the middle of a Twitter debate, after Twitter users learned that Capitec Bank only charges a low R3.20 for a debit order, as compared to the high charges from the other South African banks.
This is great, as Capitec emerged as the bank with the cheapest bank charges, considering that the Rand is doing so poorly and just about everything else is expensive.
This also highlights just how expensive the other banks are.
The cost of a debit order in South Africa:
- Fnb R16
- Absa R15
- Nedbank R13
- Standard Bank R12
- Capitec R3.20
The debate was sparked by a tweet from a user, who made it clear that a guy using and carrying a Capitec Bank card was a turn off:
A guy who carries a capitec bank card its a TURN OFF
— Lady-D Denise McCoel (@Denise_89539) February 4, 2016
Of course Tweeps just wouldn’t let her get away with that tweet, and Capitec bank pretty much became one of the most talked about topics on Thursday. It got a lot of love from Twitter, and it even made me think that I should score an account with them.
I am an FNB account holder but those bank charges are just too insane!! (Definitely something to think about!)
Take a look at some of the tweets on the Capitec bank debate:
You’re dissing Capitec but you withdraw your salary at 00:01 on payday so that your debit orders don’t run you dry. We see you ??
— Tumz® (@TumiTumz) February 4, 2016
I wish Capitec was around in my student days. The way Absa tortured us. You couldn’t even withdraw that last R50 because “Minimum balance”.
— Nchema (@ShottaZee) February 4, 2016
So you wanna spend R100 per month on bank charges just to impress other people, let me spend my R5 on Capitec bank charges to impress myself
— Lwandile Makhasi (@Gcwanin_Omhle) February 4, 2016
My fave thing about Capitec is not having to carry my Id all the time like its 1966. Finger print technology.? pic.twitter.com/Jx4GaQQ4z9
— Ntobeko Ximba (@Phuphemini) February 4, 2016
Capitec is dat ugly chic dat stays with u in sicknes & in health n neva demands gifts, while FNB is dat weave wearing gold digging yelo bone
— Koketso lister (@koketso_lister) February 4, 2016
Please make me understand how a Capitec Bank card carried by a guy is a turn off? ?? I’m confused.. Does it even matter what bank he uses?
— champion ♡ (@__MphoBrown) February 4, 2016
You can have your gold card but I’m 100% sure my capitec bank account balance is bigger than yours
— It’s Him♑Tesfaye (@imsalex9) February 4, 2016
What are your thoughts?