BidSave - Fees
Free ATM transactionsNo fees charged on Bidvest Bank ATM transactions
No transactions = no transaction fees- If you do not transact on the BidSave account, you do not pay any fees
- If you do transact on the account, you can be charged from R1 to a maximum of R55* (incl VAT), regardless of the number of transactions you make.
Free internet banking subscriptionFor more info call 0860 11 11 77
Free point of sale transactionsNo fees charged at local merchants on BidSave card purchases
No monthly administration fee | Transaction type | Fee |
| ATM transactions |
| Cash withdrawals (Bidvest Bank ATM) | Free |
| Cash withdrawals (Saswitch) | R4.80 + 80c per R100.00 |
| Balance enquiry (Bidvest Bank ATM) | Free |
| Balance enquiry (Saswitch) | R3.00 |
| ATM prepaid top-up (Cell C, Vodago, MTN, Telkom) | R4.05 + 65c per R100.00 |
|
| Point of sale (POS) transactions |
| Purchase at point of sale | Free |
| Purchases and cash withdrawals (domestic) | R1.50 |
| Cash withdrawals only (domestic) | R1.50 |
|
| Electronic funds transfer (EFT) transactions |
| Inward EFT credit from another bank | Free |
| Third party payment | R3.00 |
| Debit order | R4.00 |
| Future dated payment | R3.00 |
| Internal transfers - Call Centre | R3.00 |
|
| Internet banking |
| Transaction history | Free |
| Subscription fee | Free |
| Balance enquiry | Free |
| Statement | Free |
| Internal Transfer | Free |
| Third-party payment | R3.00 |
|
| General fees |
| First card issue | Free |
| Card Replacement | R20.00 |
| Additional card issue | R20.00 |
| Email third-party payment notification | 30c |
| SMS notification | 30c |
| Posted statement* | R5.00 |
| Email statement | Free |
| Faxed statement via Call Centre | R2.50 per page |
| Monthly account administration | Free |
| Fax notifications | R2.00 |
|
| Branch transactions |
| Branch counter transactions* | See below |
| Balance enquiry (including statement enquiry) | Free |
|
| *Transactions that do not accumulate to R55.00 maximum usage fee |
| ATM cash withdrawal - declined (Insufficient funds) | R2.80 |
| Denied transaction (Incorrect PIN) | R2.80 |
| Daily limit exceeded | R2.80 |
| Declined transaction (Insufficient funds) | R2.80 |
| Declined transaction (Incorrect PIN) | R2.80 |
| Cash deposit at Bidvest Bank | 50c per R100.00 |
| Cash deposit at ABSA | R3.50 + 0.5% of deposit value |
| Cheque deposit (10 working day clearing period) | R1.10 per R100.00 - max R20.00 |
| Over the counter cash withdrawal at Bidvest Bank | Free
|
| Debit order rejection | R50.00 |
| International withdrawal at Visa ATM | R40.00 |
| International balance enquiry at Visa ATM | R5.00 |
| Declined international cash withdrawal (Insufficient funds) | R20.00 |
| International purchase at POS | R10.00 |
| Declined transaction (Insufficient funds) at international POS | R10.00 |
| Declined transaction at international POS | R10.00 |
| Returned cheque | R100.00 |
| International currency conversion fee | 3% of transaction |
| Posted statement | R5.00
|