SA Post Office Bank


Rates and Fees

Green Arrow How does banking fees work?

Banking fees cover the cost of performing certain banking activities and transactions on your account. In certain instances you may qualify for lower charges or free transactions. You can visit our Products section for more on our different banking accounts which include a comprehensive listing of applicable rates and fees.

greenarrow How do I keep my banking fees to a minimum?

There are many ways of keeping your banking fees to a minimum. The most important thing you need to do is to be aware of what charges are applicable on transactions and Services you are using. Look at our online fees and charges section

greenarrow How do I know if I’m being charged the right banking fees?

Postbank does its utmost to ensure complete accuracy. Furthermore, you may contact the customer care line on 0800 53 54 55.

greenarrow Mzansi Fees

Mzansi Saswitch fees are only applicable if the ATMs of the major banks are used (FNB, ABSA, Nedbank, Standard Bank and Capitec). If any other bank's ATM is used, Flexi Card Saswitch fees will be levied. Mzansi Saswitch fees are also applicable in countries where the rand value is being used (RCMA) i.e. Lesotho, Swaziland, Namibia and Botswana. Payments and withdrawals from the account are limited to a maximum of R5 000.00 per day and R25 000.00 per month.

NB: You have unlimited access to your money and can transact (deposit and withdraw) when you need to.

greenarrow Term Save Plus Fees and Interest

The current interest rate is fixed for 24 months and two interest rate payment options are available (6 monthly and 24 months).

greenarrow Term Save Fees and Interest

The current interest rate on Term Save is tiered based on period of the Term Deposit. Interest is calculated and credited to the customer’s card or book account monthly, or at maturity of the investment.