RCS Credit Card review 2024

The RCS Credit Card offers a credit limit of up to R50,000.00, the credit card is accepted at over 30,000 […]

RCS store credit card

The RCS Credit Card offers a credit limit of up to R50,000.00, the credit card is accepted at over 30,000 stores nationwide. To qualify for the RCS credit card, applicants must have a monthly income of R3,000.00 or higher and maintain a favourable credit score.

What The RCS Credit Card Costs

  • R150 initiation fee
  • R69 monthly service fee.
  • Insurance costs R4.50 per R1,000.
  • Annual interest rate that can reach up to 24.50%.
  • Up to 55 days’ interest-free shopping flexibility.

RCS Credit Card Repayment Period

  • Enjoy flexibility with affordable monthly instalments tailored to your financial needs.
  • Select from various repayment plans including revolving and fixed options.
  • Choose from 6, 12, 18, 24, and 36-month budget plans to suit your repayment preferences.
  • With revolving plans, you can manage payments based on your changing circumstances.
  • Fixed plans provide stability with consistent monthly payments over the chosen period.


How does an RCS credit card work?

The RCS credit card, often issued by network stores, bears the RCS logo but may feature the store’s branding if obtained through them, like Makro.

This card facilitates purchases at any network store among 30,000 across South Africa’s nine provinces. Applicants select a budget plan determining repayment duration.

Budget plans range from six to 36 months, with shorter plans incurring lower interest due to quicker debt settlement.

Credit allocation depends on income and credit score, with high earners potentially qualifying for up to R50,000.00.

Credit amounts start at R750.00, and a 55-day interest-free grace period accompanies credit usage, promoting timely debt repayment.

RCS Credit Card Cash Advance

RCS credit card holders with a credit facility can access cash via the RCS credit app, downloadable from Google App Store or App Store. Alternatively, they can dial 0861 729 727 for cash back.

To qualify for cash access, applicants undergo assessment. If eligible, funds are deposited into their accounts.

Minimum requirements include:

  • Account not being in arrears.
  • Account being older than 3 months at application.

Cash advances have stricter regulations, available only on specific repayment plans and included in monthly payments. Additionally, borrowing limits may apply periodically.

Advantages of The RCS Credit Card

  • It can be used to purchase a variety of goods and services.
  • By swiping the card, users can gain access to money or make payments.
  • Payments can be made online at certain stores.
  • Usable credit increases as usage and income grow.
  • A large amount of credit can be assessed, which betters most store cards that are available in South Africa.
  • The credit card does not require applicants to have a lot of money to qualify for the card.
  • RCS has an app that can be used to track spending, make payments, and make account adjustments.

Disadvantages of The RCS Credit Card

  • The account’s interest rate is excessively high.
  • Credit defaults can result in high-interest charges, especially for those who borrowed a large sum of money.
  • Users cannot earn rewards with the credit card and must rely solely on store promotions.
  • The credit card is not as secure as other credit cards, and it must only be accompanied by some form of identification when used in stores requiring no password.

RCS Credit Card Application Requirements

  • Be at least 18 years old at the time of application.
  • Possess a South African ID book, smart card, or driver’s license.
  • Provide proof of income dated within the last three months.
  • Be employed and earn a minimum of R3,000 per month.
  • Present proof of residence dated within the last three months during the application process.

The RCS card can be applied for online at the RCS website or in any partner store. You must have the above-mentioned documents, have a good credit score and meet the minimum income requirement to be eligible for the RCS card.

List of Stores That Accepts The RCS Credit Card

  • American Swiss
  • Accessorize
  • @home
  • Adidas
  • Agrimark
  • Aldo
  • Alert Steel & Build
  • Alexiov
  • AMC
  • American Menswear Lifestyle
  • Annex
  • Appliance Direct
  • Arthur Kaplan
  • AutoQuip
  • AutoZone
  • Baby Boom
  • Baldini
  • Bata
  • Battery Centre
  • Beaver Canoe
  • Bed City
  • Bidvest Waltons
  • BirkenStock
  • Boardmans
  • Bogart
  • Bosch Service
  • Boxer Build
  • Boxer
  • Brand Mania
  • Bride & Co
  • BUCO
  • Buildit
  • Builders
  • Burmeisters
  • Busby
  • Call It Spring
  • Candi & Co
  • Cape Union Mart
  • Carducci
  • Carvela
  • Cash Converters
  • Cash Crusaders
  • Cashbuild
  • CB
  • CellC
  • Ceramic
  • Charles & Keith
  • Checkers
  • Choice CLothing
  • Express Stores
  • Clanks
  • Clicks
  • CNA
  • Colette
  • Columbia
  • Computer Corporation
  • Contempo
  • Continental
  • Cotton:oN
  • Crocs
  • C2
  • CTM
  • De Jagers
  • Decofurn Factory Shop
  • Brazilia
  • Dial a Bed
  • Digicape
  • Dino Bigioni
  • DionWired
  • DonnaClaire
  • DueSouth
  • Dunlop Zone
  • Ear Institute
  • Edgards
  • Engen
  • Essential Hardware
  • EuroSuit
  • Everyshop
  • Exact
  • Exclusive Books
  • Execuspecs
  • Eyebar
  • Fabiani
  • Fair Price
  • Falco Milano
  • FlySafair
  • Footgear
  • Forever 21
  • Forver New
  • Forschini
  • Furniture City
  • Galaxy &Co.
  • Game
  • Glomail
  • Guess
  • Grays
  • H&M
  • HiFiCorp
  • Home Depot
  • Incredible Connection
  • Intec College
  • Intercape
  • Jet
  • Jumbo
  • Kwik-Fit
  • Legit
  • LEVI’S
  • loot.co.za
  • Lyceum
  • Makro
  • Markham
  • Mica
  • Midas
  • Mens Clinic International
  • Coricraft
  • Mr Price
  • MTN
  • Musica
  • PEP
  • Shoprite
  • Spar
  • Soviet
  • Spec Savers
  • Spur
  • Sportsmans Warehouse
  • Verimark
  • Webbers Clothing & Footwear
  • OG Glass
  • Pick n Pay

Which Petrol Stations Accept Account RCS Cards? 

  • At any of the 1280 Engen Garages in South Africa, or
  • Any of over 650 Shell Garages in South Africa

Conclusion 

An RCS credit card provides users with a plethora of shopping options and can be used in a variety of ways. The card is an excellent choice for purchasing household items and retaining liquid funds throughout the month. Inability to use credit wisely may result in users becoming over-indebted. Always use your credit card wisely and think before you spend.

RCS Credit Card FAQ

Q1: What is a RCS credit card?

A1: The RCS credit card is a financial product offered by RCS, a South African-based consumer finance business. The card allows cardholders to make purchases at a variety of retailers and pay back the amount over a flexible repayment period, with additional benefits and features to enhance the shopping experience.

Q2: How do I apply for an RCS credit card?

A2: To apply for an RCS credit card, you can visit the RCS website and fill out the online application form. Alternatively, you can apply at any participating retail partner. You will need to provide your personal information, proof of income, and a copy of your ID during the application process.

Q3: What is the eligibility criteria for an RCS credit card?

A3: To be eligible for an RCS credit card, you must:

  • Be at least 18 years old
  • Have a valid South African ID
  • Earn a minimum monthly income (as specified by RCS)
  • Provide proof of income and address
  • Have a good credit record

Q4: What is the credit limit on an RCS credit card?

A4: The credit limit on an RCS credit card varies depending on your financial situation and credit score. Credit limits can range from a few thousand Rand to over R100,000. RCS will determine your credit limit during the application process.

Q5: How long does it take to receive my RCS credit card after approval?

A5: Once your application has been approved, it typically takes between 7 to 14 business days to receive your RCS credit card. The card will be sent to the address provided during the application process.

Q6: Where can I use my RCS credit card?

A6: You can use your RCS credit card at over 30,000 retail stores nationwide that display the RCS logo. Some of these retailers include Game, Makro, and Builders Warehouse. You can find a list of participating retailers on the RCS website.

Q7: What are the interest rates and fees associated with an RCS credit card?

A7: The interest rates and fees for an RCS credit card may vary depending on your credit profile. Typical fees include a monthly service fee, an initiation fee, and interest rates that are in line with the National Credit Act. For up-to-date information on fees and interest rates, visit the RCS website or consult your card agreement.

Q8: How can I make payments on my RCS credit card?

A8: You can make payments on your RCS credit card through a variety of methods, including:

  • Debit order from your bank account
  • Electronic Funds Transfer (EFT)
  • Paying at a participating retailer
  • Using the RCS mobile app

Q9: How can I check my RCS credit card balance?

A9: You can check your RCS credit card balance by:

  • Logging into your online account on the RCS website
  • Using the RCS mobile app
  • Calling the RCS customer service helpline

Q10: What should I do if my RCS credit card is lost or stolen?

A10: If your RCS credit card is lost or stolen, immediately contact the RCS customer service helpline to report the incident and request a replacement card. They will guide you through the necessary steps to secure your account and prevent unauthorized transactions.