Pension Flexi Card Fees
Fees with effect from 1st April 2017:
Account opening fee |
Free |
Minimum opening deposit |
R 0.00 |
Minimum account balance |
R 0.00 |
Cash deposit at branch |
R 2.00 up to R199.99, thereafter an additional R1.70 per R100.00 or part thereof above R199.99. |
Deposits (cheque) |
Free |
Dishonoured cheque |
R 64.10 |
Special clearance of cheque deposits |
R 71.40 |
Cash withdrawal at branch |
R 12.50 |
Cash withdrawal (cheque) |
|
Repayment from unclaimed funds |
|
Withdrawals (cheque) |
R 35.20 |
Repayment of Unclaimed Funds |
R 72.50 |
Monthly service/ledger fee |
R 2.70 |
Lost Card Replacement |
N/A |
Full Statement (counter) |
R 8.10 |
Full statement (mailed on request) |
R 10.00 |
Mini statements and balance enquiries (Branch) |
Free |
Account Dormancy fee |
R 17.20 |
Point of Sale Purchase |
R 2.20 |
Purchase and Cash back |
R 2.50 |
Cash Back only |
R 2.70 |
Declined Purchase - Any reason |
R 18.00 + 2% of transaction value |
International debit card declined fee |
R 5.60 |
International Debit Card Fee (POS)in the *RCMA only |
R 10.00 + 2% of transaction value |
International Debit Card Fee ( ATM) in the *RCMA only |
R 15.00 + 2% of transaction value |
International Debit Card Declined Fee |
R 5.60 |
Cash withdrawals |
R 7.30 below R100.00 thereafter an additional R1.50 per R100.00 and above . |
Balance enquiry: ATM |
R 3.70 |
Rejected transactions: ATM |
R 5.60 |
Rejected transactions: Card swallowed |
R 7.10 |
Cell phone Balance enquiry |
No banking fee. R1.00 will be charged by your mobile service provider for the cost of the sms. |
Interest with effect from 17 January 2020: |
|
0.00 - 50 000 plus |
0.00% |
Pension Flexi Saswitch fees are only applicable if the ATM’s of the four major banks are used: that is ABSA, FNB, Nedbank and Standard bank. If any other bank ATM is used, Flexi Card Saswitch fees will be levied.
Account Balance may not exceed R25 000.00 at any time.
Payments and withdrawals from the account are limited to a maximum of R5 000.00 per day and R25 000.00 per month.
Pension Flexi Cards can be used in South Africa and the Rand Common Monetary Areas only such as Lesotho, Swaziland, Namibia and Botswana.
