SA Post Office Bank

Sassa Fees and Interest

Sassa account rules and transaction fees 2018

 

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1st  Withdrawal per month is free, thereafter R 3.48 + (amount withdrawn *0.68%) + R 0.17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

 

ATM withdrawal

R 3.48 + (amount withdrawn *0.68%) + R 0.17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