Rand Currency Card Fees and Limits
Rand Currency Card fees
increase annually and are effective from 1 July. The latest transaction and
service fees below include VAT and are subject to change.
Daily Withdrawal Limits
The daily limit is R2,000.00 per day at any ATM, but can be
increased to a maximum of R5,000.00 by applying at a branch.
Purchasing Limits
Purchasing limits are R10,000.00 per day at any merchant,
but can be increased up to a maximum of R20,000.00. Transactions
over R10,000.00 will need to be split into two transactions.
|
Transaction type
|
Fee
|
|
ATM transactions
|
|
Cash withdrawals (Bidvest Bank ATM)
|
R5.50
|
|
Cash withdrawals (Saswitch)
|
R9.60 + R1.35 per R100.00
|
|
Balance enquiry (Bidvest Bank ATM)
|
R3.50
|
|
Balance enquiry (Saswitch)
|
R7.50
|
|
Point of sale (POS) transactions
|
|
Purchase at point of sale
|
R4.50
|
|
Purchases and cash withdrawals (domestic)
|
R6.50
|
|
Cash withdrawals only (domestic)
|
R8.50
|
|
Purchases and cash withdrawals (international)
|
R42.00
|
|
General fees
|
|
First card issue
|
Free
|
|
Card Replacement
|
R47.00
|
|
Additional card issue
|
R47.00
|
|
SMS notification
|
R0.85
|
|
Monthly account administration
|
R30.00
|
|
Declined transactions (All Domestic ATM and POS)
|
R10.00
|
|
Declined transactions (All International ATM and POS)
|
R10.50
|
|
Over the counter cash withdrawal at Bidvest Bank
|
1.20% of withdrawal - min R25.00
|
|
International withdrawal at Visa ATM
|
R60.00 + 6% of transaction value
|
|
International balance enquiry at Visa ATM
|
R32.00
|
|
International purchase at Point of Sale
|
R60.00 + 6% of transaction value
|
|
International currency conversion fee
|
6% of transaction value
|
Fees are effective as of 01 April 2018