Sassa Gold Card rules and transaction fees 1 February 2021

By: admin

You SASSA account will be linked to the SASSA Gold Card which can be used for electronic transaction at any ATM machine that accepts VISA or MasterCard cards. When your SASSA grant application is successful, you will be given a SASSA card.

To apply for the card, visit any nearest SASSA office and fill the necessary forms. They will inform you when the card is ready for collection.

 

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Cash withdrawal at SA Post Office branch 1st  Withdrawal per month is free, thereafter R 4.07 + (amount withdrawn *0.68%) + R 0.17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

 
ATM withdrawal R 4.07 + (amount withdrawn *0.68%) + R 0.17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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