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)

R5.00

Cash withdrawals (Saswitch)

R9.50 + R1.30 per R100.00

Balance enquiry (Bidvest Bank ATM)

R3.00

Balance enquiry (Saswitch)

R7.00

Point of sale (POS) transactions

Purchase at point of sale

R4.00

Purchases and cash withdrawals (domestic)

R6.00

Cash withdrawals only (domestic)

R8.00



General fees

First card issue

Free

Card Replacement

R45.00

Additional card issue

R45.00

SMS notification

R0.80

Monthly account administration

R30.00

Declined transactions (All Domestic ATM and POS)

R9.00

Declined transactions (All International ATM and POS)

R10.00

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

R30.00

International purchase at Point of Sale

R60.00 + 6% of transaction value

International currency conversion fee

6% of transaction value

 

Fees are valid from 01 June 2015 – 30 June 2016