Updated September 28, 2026 · VaultCue Editorial Team
Capitec Bank vs Fortuneo
Capitec Bank
Fortuneo
Higher score in this comparison
Where Capitec Bank and Fortuneo differ
| Compare | Capitec BankReviewSee alternativesSee alternatives | FortuneoReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | ZAR 7.50 | €0 |
| Deposit protection | Not confirmed | EU DGS up to EUR 100,000 |
| Local account details | Not confirmed | IBAN |
| Transfer fee | Not confirmed | 0 EUR (instant SEPA transfers free) |
Same on both: Currency conversion fee (0%).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Fortuneo scores higher overall: 9.2 vs 9.0.
- Founded is lower at Fortuneo: 2000 vs 2001.
Our verdict on each
Capitec Bank
Capitec Bank suits South African residents who want easy access to their money and hold several currencies, since the account kind is easy access and the currency conversion fee is 0%. The catch is the monthly fee of ZAR 7.50, which many rivals do not charge at all.
Fortuneo
Fortuneo suits anyone in France who wants easy-access savings that earn a variable rate without a monthly charge. Arkea Direct Bank runs it under ACPR and ORIAS, savings sit under EU DGS up to EUR 100,000, and a 5% headline rate beats the site median of 3%.
Score breakdown
| Area | Capitec Bank | Fortuneo |
|---|---|---|
| Cost | 9.1HigherCurrency conversion fee of 0% against a site median of 0.5%, but a monthly fee of ZAR 7.50 sits well above the €0 typical. | 8.8No monthly fee of €0 on savings, a currency conversion fee of 0%, transfers at 0 EUR (instant SEPA transfers free). |
| Offer | Not confirmed | 9.7A variable headline rate of 5% on an easy-access account, with joint account and free ATM withdrawal features. |
| Trust | 9.0 | 9.3Higher |
How they place
| Ranking | Capitec Bank | Fortuneo |
|---|---|---|
| Savings accounts | 335 of 1420 | 196 of 1420 |
Every fact side by side
| Fact | Capitec Bank | Fortuneo |
|---|---|---|
| Audience | Not confirmed | Travelers |
| Pricing model | Not confirmed | No monthly fee |
| Features | Not confirmed | Joint account, Digital only, Free ATM |
| Legal entity | Capitec Bank Limited | Arkea Direct Bank |
| Headquarters | South Africa | France |
| Founded | 2001 | 2000Lower |
| Support channels | Not confirmed | Phone, Email, Chat, Help centre |
Savings
| Fact | Capitec Bank | Fortuneo |
|---|---|---|
| Headline rate | Not confirmed | 5% |
| Rate type | Not confirmed | Variable |
| Minimum deposit | Not confirmed | €10 |
| Access terms | Not confirmed | Savings accessible 24/7, withdrawals free from EUR 10 with no fees or penalties, interest credited annually |
| Account kind | Easy access | Easy access |
Where each stands against the rest
| Fact | Capitec Bank | Fortuneo | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0%below the median | 0.5% |
Median across 377 listed accounts.
Pros and cons
Capitec Bank
Pros
- The currency conversion fee of 0% ranks 1 of 312 brands on conversion cost
- A bank rather than an e-money wallet, with the legal entity Capitec Bank Limited
- The account is easy access, so savings stay reachable
Cons
- The monthly fee of ZAR 7.50 applies to the main account, while rivals such as AXI Card, XTB and Skrill charge €0
- A charge where most accounts carry none, as the site median monthly fee is €0
- Head office country is ZA, so the account is aimed at the local market rather than a single international one
Fortuneo
Pros
- No monthly fee of €0 on the savings account, matching the site median of €0.
- A variable headline rate of 5% against a site median of 3%.
- Savings under EU DGS up to EUR 100,000, with Arkea Direct Bank regulated by ACPR and ORIAS.
Cons
- The rate is variable, so 5% can move rather than being locked in.
- Interest is credited annually, so credited growth shows up on the annual cycle rather than monthly.
- A branch counter is not among the features listed as joint account, digital only and free atm, so banking runs through the app.
Who each suits
Capitec Bank
Who it suits
- Residents of ZA who want one account for everyday spending
- Travellers holding more than one currency, given the 0% conversion fee
- Anyone who values easy access to savings over a notice account
Who should look elsewhere
- People who want no monthly charge, since the fee is ZAR 7.50 and XTB charges €0
- Anyone holding savings in a fixed term, as this is an easy access account
Fortuneo
Who it suits
- People in France keeping money accessible day to day while it earns interest.
- Travellers who convert currency, with a 0% currency conversion fee.
- Couples who want to hold a joint account.
Who should look elsewhere
- Anyone wanting a fixed rate, since the rate is variable.
- Anyone who needs a branch, as the account is digital-only.
- People who need monthly interest, as interest is credited annually.
Current offers
Fortuneo
Current offer
Bonus
EUR 80 for a first deposit account with Gold Mastercard: 80 EUR
First opening of a deposit account with Gold Mastercard, 5 payments within 90 days, welcome offer code BIENVENUEFTO
Source, checked September 26, 2026
Country by country
| Country | Capitec Bank | Fortuneo |
|---|---|---|
| France | No | Yes |
| South Africa | Yes | No |
Questions about each
Capitec Bank
How much does Capitec Bank charge each month?+
The account carries a monthly fee of ZAR 7.50, which sits above the site median monthly fee of €0. Many rivals on the site charge no monthly fee at all, so the charge suits readers who use the account heavily.
What does it cost to convert currency?+
The currency conversion fee is 0%, which places the brand at 1 of 312 brands on this measure. The site median conversion fee is 0.5%, so this account adds nothing to the cost of changing currency.
Fortuneo
What is the headline rate on Fortuneo savings?+
The savings account pays a variable headline rate of 5%, above the site median of 3%. Because the rate is variable it can move, so the credited amount is not fixed in advance. Interest is credited annually.
Is there a monthly fee?+
No. The monthly fee is €0, the same as the site median of €0. Fortuneo runs a no-monthly-fee model, which is the most common model in this category on the site.
Other options to compare
Other matchups
Related by the facts
Capitec Bank
Fortuneo