Flexi Debit card is highly favourable and the most popular transaction account. With the Flexi Debit card linked to a number of Postbank Savings and investment Products, the Flexi Debit card offers you Transactional flexibility and freedom.
One can deposit their salary into the account and withdraw their money as and when it is needed. You can also use it for shopping instead of carrying cash.
Benefits of a Flexi Debit Card:
A zero minimum opening deposit is required to open the account. (The account will be closed automatically if no deposit was made within 35 days from account opening).
A safe place to keep your money
Withdraw anytime from any ATM nationally/internationally, any Merchant or at any Post Office branch
Swipe your Flexi Debit card wherever you see the "VISA or MasterCard" sign
Money is deducted directly from your account so you never spend money you don't have
All Postbank Savings and Term Deposit accounts can be linked to this card, including interest payments
Can be opened as a Joint Account
Make it work for you
These days it is not wise to carry cash. This is why people prefer to safeguard their salary in an account like Flexi where money is kept safe and available.
There are Saswitch ATMs all over the country, so when you need cash, just make a withdrawal at the closest one. Even better, instead of using cash you can use your Flexi card to pay for your shopping at places like Checkers Shoprite, Pep, Dis-Chem, Pick ‘n Pay, and wherever you see the VISA logo.
How to Apply
You can apply at your nearest Post Office. All you need is your ID document and proof of residential address in order to comply with the Financial Intelligence Centre Act (Fica).