COST OF CREDIT
| Cost per Card | R60.00 per card every two years |
| Card Protection | R12.00 per annum per Card (Optional) |
| Card fee on replacement | R60.00 per card |
Payments
| The following charge where applicable, will be recovered by the Credit Provider: Cash payments at Koopkrag office – (Fee per R100.00) | R1.05 |
Interest rate:
Open Account: Any amount not paid on the due date will be free of interest if paid before the 11th of the applicable month.
Budget Account: Interest calculated at 18% per annum. Provided that should the interest rate at any time exceed the applicable maximum prescribed rate determined in terms of section 105 of the National Credit Act, the applicable prescribe rate shall apply.
Bonus: You will also forfeit any bonus you may be entitled to as a member on any amount not paid on the 3rd day of the month following the month during which the account is rendered.
Monthly
| Administration Fee: | R3.50 |
| Administration Fee if paying by Debit order | R2.50 |
| Transaction fees | R1.05 (Per Transaction) |
| LEVY ON PETROL PURCHASES | 1.75% |
ABOVE MENTIONED FEES ARE SUBJECT TO CHANGE
Guarantee Fund:
A minimum amount of R20.00 will be added to the consumer’s monthly account and transferred to his/her Guarantee fund account. The consumer has the option to increase his/her monthly contribution.
If the consumer’s membership is terminated his/her contribution to the Guarantee fund will be refunded provided that any amount due to the Credit Provider be set off against the balance of the contribution.
What Our Members Have To Say
Ek kan nie glo dat tyd so vlieg nie. Ek het op 26/03/2004 by Koopkrag aangesluit en ek wil graag my opregte dank en waardering uitdruk vir die uitstekende diens wat ek deur die jare ontvang het. Die personeel was nog altyd professioneel, en baie vriendelik en behulpsaam.
Een van my gunsteling redes om ‘n Koopkrag lid te wees, is die Desember bonus. Ek gebruik my kaart vir bykans alles, van kos tot petrol.
As ‘n mens ‘n moeilike maand het, of iets groots moet koop, is die begrotingsfasiliteit van onskatbare waarde.
Ek sien uit daarna om nog vele jare ‘n trotse lid van hierdie wonderlike instansie te wees, en sal sonder enige probleme Koopkrag aanbeveel aan ander mense.