Nedbank vs Capitec Credit Card: 21% vs 13% Interest Rate
I recently compared my credit card costs between Nedbank and Capitec.
Nedbank was charging me 21% interest plus heavy monthly admin fees, which ate up more than half of my monthly payment.
Capitec offered me 13% interest and a lower monthly fee.
Switching saves me over R700 a year and means my money actually pays down the balance instead of going to the bank.
What interest rates are other banks giving you on credit cards?