SA Post Office Bank

Mzansi Fees and Interest

Mzansi Fees and Interest

Fees with effect from 20 April 2022:

Account opening fee

Free

Minimum opening deposit

R 40.00

Minimum account balance

R 40.00

Deposits (cash)

R 2.73 up to R100.00, thereafter an additional R 2.73 per R100.00 or part thereof above R100.01

Withdrawals (cash) Branch

R 10.00 up to R100.00, thereafter an additional R 1.89 per R100.00 or part thereof above R100.01

Close-out Withdrawal

R 16.80

Repayment of Unclaimed Funds

R 68.25

Monthly service/ledger fee

R 3.00

Replacement: Debit Card

R 73.50

Full statement (Branch)

R 17.85

Full statement (mailed on request)

R 17.85

Mini statement and balance enquiries (Branch)

Free

Account Dormancy fee

R 26.25

Point of sale purchase

Free

Cash back only

R 3.50

Purchase and Cash back

R 2.31

Declined purchase - Any customer related reason

R 4.50

Saswitch Fees

 

Cash withdrawal: ATM

R 8.70 up to R100.00, thereafter an additional R 1.80 per R100.00 and above

Balance enquiry: ATM

R 4.30

Rejected transactions: ATM

R 4.50

Rejected transactions: Card swallowed (ATM)

R 2.00

Cell phone Balance enquiry

No banking fee. R1.00 will be charged by your mobile service provider for the cost of the SMS

Note:

Mzansi Saswitch fees are only applicable if the ATM's of the major banks are used: that is ABSA, FNB, Nedbank, Standard bank and Capitec. If any other bank ATM is used, Flexi Card Saswitch fees will be levied.

 

Interest with effect from 22 July 2022:

 

Amount in Rand

Interest Rate (%)

0 - 5000 +

0.00%