The ICB is now accepting Mobicred as a method of payment.


Simply choose this option when paying for your basket on the ICB Student Portal.


At checkout, select Mobicred and follow the steps. If you don't have a Mobicredit account already, you can simply follow the steps or you can create one now via the Mobicred Website.   




Examples of Estimated Payment terms over 12 months:


 


Reg Fee + 1 Exam


 R          500


 R          915

Total Cash Price R       1 415

Estimated Mobicredit Instalment R          132





Reg Fee + 2 Exams


 R             500


 R       1 830

Total Cash Price R       2 330

Estimated Mobicredit Instalment R          217





Reg Fee + 3 Exams


 R             500


 R       2 745

Total Cash Price R       3 245

Estimated Mobicredit Instalment R          303






STEPS TO OPEN A MOBICRED ACCOUNT: 


Step 1: Meet the basic requirements

You need:

  • To be 18 years or older
  • A valid South African ID
  • A bank account in your name
  • A RICA-compliant mobile number and email address
  • You may need to provide 3 months’ payslips or bank statements as proof of income 

Step 2: Start your application online

  • Go to the Mobicred website or app and click “Apply” or “Open an account”
  • You can also begin via a Mobicred banner on partner merchant sites like Takealot, Shop It New, etc. 

 Step 3: Complete the fast 1-page form

  • Provide your personal details and upload supporting documents
  • Choose automated income verification for instant approval, or opt to upload payslips/statements (can take ~1 business day) 
  • Accept the terms and conditions, including a One-Time Password (OTP) verification via mobile

 Step 4: Instant approval & receive your credit limit

  • Approval typically happens within minutes, giving you access to a credit limit up to R50 000 instantly 

Step 5: Start using your Mobicred account

  • Shop online or in-store at any of the 55 000+ participating merchants
  • At checkout, select Mobicred (via gateways like PayFast, PayGate, Peach, etc.), log in, and verify via OTP 

 Step 6: Repayment and ongoing usage

  • Monthly debit order will be automatically debited—minimum is around 7.5–10% of your outstanding balance 
  • You can repay more or settle early without penalties, which frees up your credit limit fast 

 Step 7: Manage your account

  • Monitor your balance, repayments, and transactions via the Mobicred app or website
  • Monthly statements are emailed to you
  • Need help? Contact support via email (customerservice@mobicred.co.za), phone (021 126 0700), or WhatsApp (060 762 8284) 

 Quick Summary

  1. Ensure eligibility: Age, ID, bank details, income proof
  2. Apply online via mobicred.co.za or partner sites
  3. Opt for instant income check or upload documents
  4. Get approved—credit limit up to R50 000
  5. Shop at thousands of merchants, authenticate with OTP
  6. Repay monthly debit order & reuse credit as you pay
  7. Track & manage account through the app or web portal