Updated September 29, 2026 · VaultCue Editorial Team
Capitec Bank vs Mox Bank
Capitec Bank
Higher score in this comparison
Mox Bank
Where Capitec Bank and Mox Bank differ
| Compare | Capitec BankReviewSee alternativesSee alternatives | Mox BankReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | ZAR 7.50 | HK$0 |
| Currency conversion fee | 0% | Not confirmed |
| Currencies | Not confirmed | 17 |
| Transfer fee | Not confirmed | 0 remit fees on all global money transfers (Express Remit) from 2 July 2024 |
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Key differences
- Capitec Bank scores higher overall: 9.0 vs 8.6.
- Founded is lower at Capitec Bank: 2001 vs 2020.
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.
Mox Bank
Mox Bank suits readers who want a digital-only account that credits interest daily and moves money across several currencies, not the highest savings rate. The monthly fee on the easy access account is HKD 0, transfers carry fees of HKD 0, and the savings rate is 0.001%.
Score breakdown
| Area | Capitec Bank | Mox Bank |
|---|---|---|
| Cost | 9.1Currency 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. | 9.1 |
| Offer | Not confirmed | 8.9A variable savings rate of 0.001% and delivery in 20 seconds to 1 week keep the offer modest. |
| Trust | 9.0Higher | 8.1 |
How they place
| Ranking | Capitec Bank | Mox Bank |
|---|---|---|
| Savings accounts | 335 of 1420 | 559 of 1420 |
| Money transfer services | 253 of 1564 | 425 of 1564 |
Every fact side by side
| Fact | Capitec Bank | Mox Bank |
|---|---|---|
| Pricing model | Not confirmed | No monthly fee, Low FX |
| Features | Not confirmed | Digital only |
| Legal entity | Capitec Bank Limited | Mox Bank Limited |
| Headquarters | South Africa | Hong Kong |
| Founded | 2001Lower | 2020 |
| Support channels | Not confirmed | Email, Phone, Help centre, Community |
Savings
| Fact | Capitec Bank | Mox Bank |
|---|---|---|
| Headline rate | Not confirmed | 0.001% |
| Rate type | Not confirmed | Variable |
| Access terms | Not confirmed | Interest credited daily to the Mox Account; savings balance usable for daily purchases |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | Capitec Bank | Mox Bank |
|---|---|---|
| Delivery time | Not confirmed | 20 seconds to 1 week |
| Payout methods | Not confirmed | Bank, Wallet |
| Fee to send 1,000 | Not confirmed | HK$0 |
Where each stands against the rest
| Fact | Capitec Bank | Mox Bank | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | Not confirmed | 0.5% |
| Currencies | Not confirmed | 17highest quarter | 5 |
Median across 536 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
Mox Bank
Pros
- A monthly fee of HKD 0 on the account, with a no monthly fee and low fx pricing model.
- Transfer fees of HKD 0 on Express Remit transfers, paying out to bank and wallet.
- Interest is credited daily and the savings balance is usable for daily purchases.
Cons
- The savings rate of 0.001% sits far under the 3% common across the accounts compared here.
- The service is digital only, so everything runs through the app rather than a branch.
- Transfers can take 20 seconds to 1 week to arrive.
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
Mox Bank
Who it suits
- People who want the same balance to cover daily spending and savings, with interest credited daily.
- Readers who send money abroad regularly and value transfer fees of HKD 0.
- Anyone banking entirely in an app across 17 currencies.
Who should look elsewhere
- Anyone chasing a high savings rate, since AXI Card Tarjeta y Credito shows 21.59%.
- Readers who want more from a savings product: PayPal Colombia lists 3.3%.
- Plazo ES suits people who prefer a headline rate of 24.19% over daily crediting.
Current offers
Mox Bank
Current offer
Bonus
Mission Bonus Rate: Up to 3.5% p.a. on deposit
Stacking missions; see Mission Bonus Rate Promotion (2026) Terms and Conditions
Source, checked September 26, 2026
Bonus
Mox Payroll: 1.5% p.a. savings top up
Set payroll with Mox; see Payroll Transfer Promotion Terms and Conditions
Source, checked September 26, 2026
Country by country
| Country | Capitec Bank | Mox Bank |
|---|---|---|
| Hong Kong | 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.
Mox Bank
What does Mox Bank charge to keep an account open?+
The account carries a monthly fee of HKD 0, and the pricing model is no monthly fee and low fx. That matches the €0 median monthly fee across the accounts compared here, which leaves the account among the cheapest digital banks to hold.
How much interest do I earn on Mox savings?+
The headline rate is 0.001% and the rate type is variable, so the return can move rather than staying fixed for a term. Interest is credited daily to the Mox Account, and the savings balance can be spent on everyday purchases. Readers shopping for yield should compare the 3% median here.
Other options to compare
Related by the facts
Capitec Bank
Mox Bank