If you’ve ever been halfway through an online purchase and realised you don’t have enough funds in your bank account, you’re not alone. In today’s fast-paced, digital-first world, having access to online credit isn’t just convenient—it can be a lifesaver. That’s where MobiCred steps in.
MobiCred is one of South Africa’s leading online revolving credit facilities, allowing you to make purchases at hundreds of partner stores and pay them off over time. Whether you’re buying a new phone, replacing a broken appliance, or simply spreading out the cost of a big purchase, MobiCred offers a flexible and secure solution.
In this guide, we’ll explore how South Africans can apply for MobiCred online credit, what you’ll need to qualify, the benefits, the pitfalls to avoid, and tips to improve your chances of approval. By the end, you’ll know exactly how to get started and use MobiCred responsibly.
What is MobiCred?
At its core, MobiCred is a revolving credit facility—similar to a credit card, but entirely online. Once approved, you receive a set credit limit that you can use to shop with MobiCred’s network of partner merchants. As you repay the amount you’ve spent, your credit becomes available again, giving you ongoing flexibility.
The platform is widely used for online shopping across categories such as electronics, fashion, travel, and even services. Some of the country’s biggest online retailers, from Takealot to Incredible Connection, accept MobiCred payments.
What sets it apart from traditional credit?
Fully digital process: No need to visit a bank or fill out endless paper forms.
Flexible repayments: You can pay back as quickly or slowly as your budget allows, as long as you meet the minimum repayment.
Seamless integration: At checkout, simply select MobiCred as your payment option.
In short, MobiCred bridges the gap between instant online shopping and manageable monthly payments.
Benefits of Using MobiCred
If you’re wondering why you should consider MobiCred over other credit options, here’s what makes it stand out:
Quick and simple application: You can apply online in minutes without visiting a physical branch.
Wide acceptance: Use it at hundreds of online stores in South Africa.
Flexible terms: Only pay a small monthly repayment based on your balance.
Security: Transactions are encrypted and processed via secure payment gateways.
24/7 access: Manage your account anytime, anywhere via the website or mobile browser.
For many South Africans, MobiCred offers the right mix of convenience and affordability. It’s especially useful if you shop online often or need a safety net for unexpected expenses.
MobiCred Application Requirements
Before you hit “Apply,” it’s important to know whether you meet the basic eligibility criteria. MobiCred, like any responsible credit provider, performs checks to ensure you can manage repayments.
You’ll need:
South African ID (citizen or permanent resident).
Minimum age of 18 years.
Regular monthly income (usually above R5,500).
Valid South African bank account for debit order repayments.
Proof of income (recent payslip or bank statement).
Proof of address (utility bill or official correspondence).
In addition, MobiCred will check your credit history via a registered credit bureau. A poor credit score doesn’t automatically mean rejection, but it does reduce your chances.
Step-by-Step Guide: How to Apply for MobiCred
Applying for MobiCred is refreshingly straightforward. Here’s a detailed walkthrough:
Step 1: Visit the MobiCred Website
Head to the official MobiCred site and click on the “Apply Now” button.
Step 2: Create Your Account
Enter your personal details including your ID number, contact information, and employment details.
Step 3: Complete the Online Application Form
Fill in your income and expense details honestly—this helps MobiCred assess affordability.
Step 4: Upload Required Documents
Scan or photograph your payslip/bank statement and proof of address, then upload them securely.
Step 5: Submit and Wait for Approval
MobiCred typically processes applications within 24 to 48 hours. You’ll receive an email or SMS with your application outcome.
Step 6: Start Shopping
Once approved, your credit limit is activated and you can use it at checkout with partner merchants.
How to Use MobiCred Once Approved
After getting approved, using MobiCred is simple:
Login to Your Account to check your available credit limit.
Shop at Partner Stores—select MobiCred at checkout and log in to authorise payment.
Repay Monthly via debit order. The minimum payment is usually 10% of your balance or R200, whichever is higher.
Monitor Your Account to keep track of spending and repayments.
This seamless process makes MobiCred as easy to use as a credit card—minus the plastic.
Common Reasons MobiCred Applications Are Declined
Even if you meet the requirements, your application might be declined for reasons such as:
Low credit score from missed or late payments.
High existing debt that affects affordability.
Incomplete or inaccurate application details.
Unverifiable documents (blurry scans or outdated proofs).
If you’re declined, don’t lose heart. Take time to improve your credit profile and reapply in a few months.
MobiCred Fees and Interest Rates
Like any credit facility, MobiCred charges fees and interest. Here’s what you can expect:
Monthly service fee: Around R35 to R45.
Once-off initiation fee: Added to your first repayment.
Interest rate: Variable, capped at the National Credit Regulator’s maximum (currently 20.5% per annum for credit facilities).
Late payment fees: Applied if debit orders fail or repayments are missed.
To avoid extra costs, always pay on time and, if possible, pay more than the minimum amount each month.
Expert Tips to Improve Your Approval Chances
If you want to maximise your chances of getting approved for MobiCred:
Check your credit score before applying.
Reduce outstanding debts to free up affordability.
Ensure your documents are clear and up-to-date.
Apply when your finances are stable, not during high expense months.
Remember, responsible borrowing not only helps you get approved but also builds a stronger financial profile for the future.
MobiCred Contact Details & Support
If you run into issues during your application or while using your account, you can contact MobiCred via:
Website: Accessible 24/7 for account management.
Email support: For application or technical queries.
Phone line: During business hours for direct assistance.
Social media: For quick general queries.
Frequently Asked Questions
How long does MobiCred approval take?
Usually between 24–48 hours if all documents are in order.
Can I use MobiCred for in-store purchases?
Currently, MobiCred is focused on online payments only.
What is the maximum credit limit for MobiCred?
Limits vary per applicant but can go up to R35,000 depending on your profile.
Does MobiCred check your credit score?
Yes, all applications include a credit bureau check.
How do I increase my MobiCred limit?
You can request a limit increase after a few months of responsible usage and on-time payments.
Conclusion
MobiCred has carved out a space in South Africa’s credit market as a fast, flexible, and digital-first option for shoppers. Knowing how South Africans can apply for MobiCred online credit—from understanding the requirements to following the correct application steps—can save you time and improve your approval chances.
Used wisely, MobiCred can be a helpful tool for spreading the cost of purchases without falling into unmanageable debt. The key is to apply responsibly, borrow within your means, and always make timely repayments.
If you’re ready to shop smarter and enjoy the convenience of online credit, MobiCred might just be the partner you’ve been looking for.