Exact Account Review 2022

The Exact account is designed to introduce account members to the world of Exact credit shopping. Account-holders can use their accounts to make purchases at any Exact store in South Africa. With an Exact account, account holders receive additional benefits such as vouchers when they shop.

Exact is a well-known South African clothing brand that provides men’s, women’s, and children’s clothing. Cellphones are also available in a few Exact locations. Bags, socks, hats, caps, belts, and underwear are among the accessories available.

Since Exact is a Foschini Group associate, the Exact account can be used to make purchases at any TFG partner store. Fashion retailers, electronics retailers, homeware retailers, and furniture retailers are among TFG’s retail partners.

Exact has been able to supply a varied choice of items to its account holders as a result of its relationship with TFG. The products available for purchase include not only fashion items, but also non-fashion items, negating the necessity for several store accounts.

With an Exact account, you can accomplish a lot and purchasing is simple. Before we go any farther with an Exact account, let’s define what an Exact account is and what it includes below.

 Exact Account Summary 

The Exact account is a revolving store credit account that can be used at any Exact location in South Africa. Those over the age of 18 are eligible to open an account. However, in order to obtain the Exact account, one must have a source of income. Anyone who generates an income, including those on allowance, can apply for the account because there is no minimum income criterion.

You can use your Exact account to make credit purchases at any TFG partner retailer. TFG has 22 partner brands in South Africa, including Exact, with a total of over 900 stores. This has allowed account holders to have a plethora of shopping alternatives.

The Exact account automatically enrolls you in the My TFG rewards program. The myTFG rewards program is a feature that rewards users for using their accounts to shop. Account-holders receive discounts on certain purchases as well as personalized vouchers tailored to their specific spending needs.

Account-holders can receive consumer protection insurance in addition to being enrolled in the rewards program. The purpose of customer protection insurance is to protect the account holder’s credit. If the account holder becomes permanently incapacitated, temporarily disabled, retrenched, or dies, the account will be retained.

Account-holders must pick between two budget alternatives when making purchases using their Exact account. There are two budget alternatives available: a six-month budget and a twelve-month budget. The difference between the two, the six-month budget does not charge interest, however, the difference between the two is that the the12-month budget does charge interest.

How the Exact account works

Since the Exact account is a credit store account, it must be applied for just like any other retail credit account. Those who are over the age of 18 and have a source of income are eligible for the account. The account includes vouchers that can be redeemed for certain purchases.

The Exact account will be issued credit once it has been approved for credit. Credit will be allocated based on the account holder’s risk profile; as a result, the credit will be allocated differently for each customer, even if they make the same amount of money.

Exact can enhance the account’s credit limit, or the account holder can apply for a credit increase. Credit increase by Exact can be done at any time but that is if the account holder makes timely repayments and/or their credit profile changes. 

After that, the account can be used to shop at any Exact or Exact-affiliated retailer. When making purchases, be sure you don’t go over your credit limit, otherwise, the transaction will fail. However, the account holder can request a temporary credit increase at the checkout point in order to complete a transaction that exceeds the credit limit granted.

The account holder will be responsible for repaying the credit that was spent. After making a payment, the amount repaid, less interest and the monthly fee, will be immediately available. Credit can then be applied to the account to make other purchases.

Advantages of the Exact Account

  • In South Africa, the Exact account can be used in over 900 stores.
  • The account can be used for a variety of purchases, not just fashion.
  • The account comes with R1500.00 in vouchers that can be claimed in small increments.
  • A customer protection insurance option is available, which protects the account in the event of a covered event.
  • Payments into the account can be made in a variety of ways.
  • Automatic enrollment in the My TFG rewards program is included with the account.
  • When using the account, you can choose from a variety of budget options.

Disadvantages of the Exact account

  • Account holders don’t earn points on purchases on the rewards program but only get vouchers sometimes. 
  • The interest on the account can be high if repayments are not made on time.

Exact account requirements

  • Must be over the age of 18 years at the time of application. 
  • Have proof of income such as payslip or 3 months bank statement. 
  • Proof of residence that is not older than 3 months at the time of application. 
  • A valid South African ID book or Smart card or a valid driver’s license.


Exact is one of the most cost-effective accounts to have, especially when purchases are made at Exact stores. Since account holders have so many retail selections, they may utilize more credit than they intended. As a result, it’s always a good idea to manage your account properly and avoid being overly indebted as a result of shopping temptations.