Makro credit allows you to shop without cash and pay for your purchases using a credit card. Small incentives, such as awards, are also available to entice you to sign up.
Makro has teamed up with RCS Group to provide credit card and other financing solutions to its customers. Cash loans, product finance, and Makro Credit are the three options they provide.
With the Makro Credit you can shop on credit at any Makro store across the country. You may also use the card to shop at any RCS Shopping Network store, including Cambridge Food, Game, and Builders.
Your credit limit will be established by your personal profile, which will take into consideration your financial situation.
The Makro mCard App
The mCard App, a Makro smartphone app, may be used to access Makro Credit’s credit solution. It may be downloaded through the Google Play Store or the Apple Store.
When you purchase online using the App, you’ll get a 1% bonus in your mWallet. This is virtual money that can’t be taken out of the app. Only Makro stores accept it, and it cannot be transferred to another mWallet.
Makro Credit Self Service Facility
The Makro Credit Self-service facility is available on the Makro website or through the Makro Credit App, which is available for iOS, Android, and Huawei smartphones.
Anyone may use it to check your available credit, get cash, pay off debt, read and save Makro Card statements, receive regular e-statements, and update your email.
What Does a Makro Credit Cost?
Makro does not disclose how costs for the credit facility provided with the Makro Credit are calculated. You will be informed of the fees when you apply for one.
There are, however, two fees to be aware of. For starters, every credit card purchase will be subject to a set monthly service cost and an additional interest rate.
Makro Credit Application Requirements
- Applicants must be at least 18 years old.
- Applicants must have a working email address.
- Provide a valid South African identification card or driver’s license.
- Applicants must be working and receive a monthly salary of R2 000 or higher.
- Applicants will be needed to show paperwork proving your income.
For your privacy your information is kept confidential and will not be shared or sold if you apply for a Makro credit solution.
Makro Credit Options for Repayment
You have the following alternatives for paying off your Makro credit account:
Payment by debit order
A debit order is an option for payment. On the day you are paid, your monthly payments are immediately withdrawn from your bank account.
Payments Made in-Store
Additionally, because Macro Credit accounts allow in-store purchases, you can go to a Makro shop and pay in person.
Payments through ETFs
You can make a payment using EFT (Electronic Fund Transfer). EFT payments can also be made using the Makro Credit card’s 19-digit number.
Makro Cash Loans
You may qualify for a Makro Cash Loan by applying in-store or online, and cash will be put into your bank account within 24 hours after approval. Makro Cash Loans include flexible repayment plans ranging from 12 to 60 months, as well as fixed monthly payments.
