Name of the Organization : Postbank
Type of Facility : Apply for Mzansi Card
Location : Bloemfontein
Website : https://www.postbank.co.za/Products/Transactional/mzansi.html
Apply For Mzansi Card :
** 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.
Related : Postbank Check SMS Balance Enquiry Status : www.southafricain.com/2311.html
** 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.
Benefits of Mzansi :
** Pay for goods and services with your card instead of carrying cash
** Withdraw at any ATM countrywide and at any online Post Office branch
** Debit and credit (stop) orders are linked to your account to cover monthly expenses
Mzansi Account Rules :
** Only open to South African citizens with a valid ID
** Cannot be open for foreigners or groups (Societies, Joint account, Stokvels, CC, and Companies etc.)
** The same customer cannot hold more than one account of the same product type.
** The account balance may not exceed R25 000 at any given time
** The customer cannot perform any single or multiple withdrawals of more than R5 000 per day
Make it work for you :
** There are many benefits to having a bank account in your name.
** If anyone wants to send you money or wants to make a salary deposit, they can easily do it into your Mzansi Postbank account.
** Your money is kept in a safe place and you are the only one who can access it.
How to Apply :
** You can apply at your nearest Post Office.
** All you need is your South African id document (no Passport) and you may also need to provide proof of residential address in compliance with the Financial Intelligence Centre Act (Fica).
Mzansi Fees and Interest :
Account opening fee | Free |
Minimum opening deposit (The account will be closed automatically if no deposit was made within 35 days from account opening.) |
R 0.00 |
Minimum account balance | R 20.00 |
Cash deposit branch | R 2.08 up to R199.99, thereafter an additional R1.80 per R100.00 or part thereof above R199.99. |
Deposits (cheque) | Free |
Dishonoured Cheque | R 69.23 |
Special clearance of cheque deposits | R 77.11 |
Cash withdrawal at branch | R 13.00 |
Withdrawals (cheque) | R 38.02 |
Monthly service/ledger fee | Free |
Repayment of Unclaimed Funds | R 78.30 |
Replacement for Lost Card | R 48.67 |
Full Statement (counter) | R 8.75 |
Full Statement (mailed on request) | R 10.80 |
Mini statement and balance enquiries (Branch) | Free |
Account Dormancy fee | R 18.58 |
Point of Sale Purchase | R 2.29 |
Purchase and Cash back | R 2.70 |
Cash back only | R 2.20 |
Declined Purchase – Any customer related reason | R 6.05 |
International Debit Card Fee (POS) in the *RCMA only | R10.80 + 2% of transaction value |
International Debit Card Fee (ATM) in the *RCMA only | R 16.20 + 2% of transaction value |
International Debit Card Declined Fee | R 6.05 |
Saswitch Fees: | |
Cash withdrawals: ATM | R 7.59 below R100.00 thereafter an additional R1.59 per R100.00 and above |
Balance enquiry: ATM | R 4.00 |
Rejected transactions: ATM | R 6.05 |
Rejected transactions: card swallowed ATM | R 7.67 |
Cell phone Balance enquiry | No banking fee. R 1.00 will be charged by your mobile service provider for the cost of the sms. |
Interest | |
Amount in Rand | Interest Rate (%) |
0 – 500 | 0.35% |
500.01 – 1000 | 0.45% |
1 000.01 – 2 000 | 0.50% |
2000.01 – plus | 0.55% |
Note :
** Mzansi 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.
** Mzansi Cards can be used in South Africa and the Rand Common Monetary Areas only such as Lesotho, Swaziland, Namibia and Botwana.
Contact Address :
Private Bag X20609
Bloemfontein
9300
View Comments (2)
apply for postbank card post-office graaff-reinet dont have or can"t assist 6286
i have open a postbank card at Graaff-Reinet Post-Office 2021 and till today i cant use my card to withdrawn money every month my salary of E.P.W.P i have to full in acredite application form cause every month they told me there are no cards.
can i apply tru Email or webbside for a card i dont now whats rong with my card cause if you swipe it show nothing.
Yours
Banie Benjamin WEbster
IDnr 7710225104089