Sassa account rules and transaction fees 1 April 2019
Minimum account balance |
Zero |
Monthly service/ledger fee |
Free |
Deposits |
Free - Only SASSA EFT grants allowed |
Cash withdrawal at SA Post Office branch |
1st Withdrawal per month is free, thereafter R 4.07 + (amount withdrawn *0.68%) + R 0.17 |
Retail merchants purchases |
Free |
Cash withdrawals at retail merchants |
3 Free cash withdrawals per month, thereafter R1.50 per withdrawal |
Purchases and cash back combinations at retail merchants |
Free |
Replacement Card |
1st Replacement per annum is free, thereafter R26.00 |
Full Statement (for a maximum period of 3 months) at SA Post Office branches |
1st Statement per month is free, thereafter R5.00 per statement |
Mini Statement at SA Post Office branches |
Free |
Balance enquiry at SA Post Office branch or retail merchants (per enquiry) |
1st Balance enquiry per month is free, thereafter R 1.60 |
Unsuccessful/Rejected transaction – any customer related reason |
R 1.60 |
PIN Resets/changes at SASSA office |
Free |
PIN Reset at SA Post Office branches |
1st Pin reset per annum is free, thereafter R3.00 per pin reset |
Saswitch fees |
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ATM withdrawal |
R 4.07 + (amount withdrawn *0.68%) + R 0.17 |
ATM balance enquiry |
1st Balance enquiry per month is free, thereafter R 1.60 |
Rejected transactions: ATM |
R 1.60 |
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