Buying an engagement ring is one of the biggest purchases many South Africans will make. If you've found the ring you love but you're concerned about the upfront cost, you're not alone — and the good news is that there are several flexible, affordable ways to finance a ring without compromising on quality or going into high-interest debt.
Heritage & Co. supports two approved payment options at checkout: Mobicred and RCS. Here's everything you need to know about both — and how to use them to get the ring you want.
Option 1: Mobicred — Revolving Credit for Online Shopping
Mobicred is South Africa's leading online revolving credit account, designed specifically for e-commerce purchases. Once you're approved, you receive a credit limit that you can use across hundreds of partner stores — apply once, use it everywhere including Heritage & Co.
How Mobicred Works
- Apply online in minutes at mobicred.co.za
- Get a credit limit (typically R500–R50,000 depending on your income and credit score)
- Pay for your Heritage & Co. ring using Mobicred at checkout
- Repay in monthly instalments — minimum 10% of the outstanding balance per month
- As you repay, your credit becomes available again for future purchases
Mobicred Costs
Mobicred charges a monthly service fee plus interest on the outstanding balance. The effective interest rate is typically around 21% per annum (subject to change — check mobicred.co.za for current rates). For a R20,000 ring spread over 12 months, your monthly repayment would be approximately R1,900–R2,100 depending on fees.
Who Qualifies for Mobicred?
- South African citizen or permanent resident
- Age 18+
- Employed or self-employed with provable income
- No adverse credit listings
Option 2: RCS — Store Credit for South African Consumers
RCS is one of South Africa's most trusted consumer credit providers, offering flexible store credit that can be used at partner retailers including Heritage & Co. RCS is ideal for buyers who want a straightforward instalment plan with a fixed monthly payment.
How RCS Works
- Apply via rcs.co.za or in-app
- Get approved for a credit limit
- Use your RCS account to pay at checkout
- Pay in fixed monthly instalments over 6, 12, 18, or 24 months
RCS Costs
RCS charges initiation fees, monthly service fees, and interest. Effective rates vary — check rcs.co.za for current pricing. RCS offers promotional 0% interest periods on selected purchases, so it's worth checking for current offers when you apply.
Worked Examples: What Does It Cost Per Month?
| Ring Price | Term | Est. Monthly (Mobicred) | Est. Monthly (RCS 24mo) |
|---|---|---|---|
| R14,995 (1.5ct moissanite) | 12 months | ~R1,430 | ~R800 |
| R21,995 (2ct moissanite, 14k) | 12 months | ~R2,100 | ~R1,175 |
| R27,995 (2ct + pavé) | 24 months | ~R1,500 | ~R1,500 |
| R34,995 (lab diamond 1.5ct) | 24 months | ~R1,870 | ~R1,870 |
Note: These are estimates based on typical rates. Actual amounts depend on your credit profile, current interest rates, and fees. Always confirm with the provider before purchasing.
Tips for Financing a Ring Smartly in South Africa
1. Choose the Right Stone for Your Budget
A moissanite engagement ring from Heritage & Co. starts at R14,995 — roughly half the cost of an equivalent lab diamond ring, and a fraction of the cost of a mined diamond. If monthly repayments are a concern, moissanite lets you get a significantly larger, more impressive stone for the same budget.
2. Don't Overstretch
A common guideline is to keep the total ring cost to no more than 2 months' net salary. With Heritage & Co.'s pricing, many buyers find they can get exactly the ring they want without stretching their finances.
3. Pay More Than the Minimum
With revolving credit like Mobicred, paying more than the minimum monthly repayment significantly reduces the total interest you pay. Even an extra R200/month on a R20,000 balance saves thousands in interest over the term.
4. Ask About Custom Sizing
If your budget is R20,000 but you want a 2.5ct stone, Heritage & Co. can sometimes accommodate custom carat sizes between our standard listings. Contact us on WhatsApp before ordering to discuss options.
Why Heritage & Co. Pricing Makes Financing Easier
Because Heritage & Co. operates online — without the costs of retail showrooms, mall rentals, or high street overheads — we pass those savings to you. A Heritage & Co. 2ct moissanite ring in 14k gold costs from R21,995. The same ring at a traditional Cape Town jeweller could cost R40,000 or more. That difference means lower monthly repayments, shorter loan terms, and less total interest paid.
Ready to Buy?
Browse our engagement ring collection and pay using Mobicred or RCS at checkout. No branch visits, no paperwork — just the ring you want, delivered to your door across South Africa.