- A minimum of R40 is required to open the account and to keep as minimum balance in the account.
- A safe place to keep your money
- Withdraw anytime from any ATM nationally, any Merchant or at any Post Office branch
- Swipe your Flexi Debit card wherever you see the "VISA or MasterCard" sign
- Schedule monthly debit-and credit stop orders
- Money is deducted directly from your account so you never spend money you don't have
- All Postbank Savings and Term Deposit accounts can be linked to this card, including interest payments
- Can be opened as a Joint Account
These days it is not wise to carry cash. This is why people prefer to safeguard their salary in an account like Flexi where money is kept safe and available.
There are Saswitch ATMs all over the country, so when you need cash, just make a withdrawal at the closest one. Even better, instead of using cash you can use your Flexi card to pay for your shopping at places like Checkers Shoprite, Pep, Dis-Chem, Pick n Pay, and wherever you see the VISA logo.
You can apply at your nearest Post Office. All you need is your ID document and proof of residential address in order to comply with the Financial Intelligence Centre Act (Fica).
Everyone deserves the benefit of banking. The Postbank Mzansi account makes dreams come true for all South Africans with low cost banking that is available to anyone. The Postbank Mzansi account comes with an Mzansi Visa debit card and transactions (deposits, withdrawals) can be made at any Post Office branch or ATM countrywide.
