Sassa account rules and transaction fees 2024
Minimum account balance |
Zero |
Monthly service/ledger fee |
Free |
Deposits |
Free - Only SASSA EFT credits allowed |
Retail merchants purchases |
Free |
Purchases and Cash back or Cash back at Retail Merchants |
3 Free purchases and cash back or cash back |
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 R20.00 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 2.60 |
Unsuccessful/Rejected transaction – any customer related reason |
R 4.50 |
PIN Reset at SA Post Office branches |
1st Pin reset per annum is free, thereafter R8.00 per pin reset |
Saswitch fees |
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ATM withdrawal |
R 5.31 + (amount withdrawn *0.83%) + R 0.20 |
ATM balance enquiry |
1st Balance enquiry per month is free, thereafter R 1.60 |
Rejected transactions: ATM |
R 4.50 |
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