{"id":158256,"date":"2023-03-29T16:04:20","date_gmt":"2023-03-29T16:04:20","guid":{"rendered":"https:\/\/southafricaportal.com\/?p=158256"},"modified":"2023-03-29T16:04:20","modified_gmt":"2023-03-29T16:04:20","slug":"coinvest-fees","status":"publish","type":"post","link":"https:\/\/southafricaportal.com\/coinvest-fees\/","title":{"rendered":"Coinvest Fees Structure | Transact With or Without a Physical Card"},"content":{"rendered":"

Coinvest Fees Structure | Transact with or without a Physical Card, Account Limits, and Fees.
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You can easily and conveniently transact with or without a Physical Card. By using Digital and Virtual Accounts only. For example, you can use the Digital Account for day-to-day transactions such as EFT\u2019s, purchasing top-up vouchers, paying or being paid using a QR Code, and withdrawing cash at the Point of Sale of our retail partner Pick & Pay. You can do the same with the Virtual Account and additionally use it for online shopping or paying e-taxi and popular delivery services.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Monthly Account Fees<\/strong><\/h3>\n<\/div>\n
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  1. Customer Monthly Fee (Digital Account)<\/span>R45<\/span><\/li>\n
  2. Customer Monthly Fee (Card Account)<\/span>R10<\/span><\/li>\n
  3. Customer Monthly Fee (Virtual Account)<\/span>R10<\/span><\/li>\n<\/ol>\n<\/div>\n
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    Card Fees<\/strong><\/h3>\n<\/div>\n
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    1. Card Activation Fee<\/span>R50<\/span><\/li>\n
    2. Cash ATM Withdrawal Fee<\/span>R12+1,5%<\/span><\/li>\n
    3. Card Payment (POS, E-Commerce)<\/span>R5<\/span><\/li>\n
    4. Balance Enquiry (ATM)<\/span>R10<\/span><\/li>\n
    5. Declined transaction Fee (on insufficient funds only)<\/span>R10<\/span><\/li>\n
    6. Declined ATM transaction Fee<\/span>R5<\/span><\/li>\n
    7. Card Replacement Fee (billed against Digital Account)<\/span>R50<\/span><\/li>\n
    8. Card Account Minimum Balance Required<\/span>R100<\/span><\/li>\n
    9. Cash withdrawal at POS (Cashback. Can only be done after a purchase)<\/span>R6<\/span><\/li>\n<\/ol>\n<\/div>\n
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      Non-Card Fees<\/strong><\/h3>\n<\/div>\n
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      1. Account-to-Account (P2P)<\/span>R10<\/span><\/li>\n
      2. Cash Voucher Account top-up (PnP Cash IN)<\/span>R12.50<\/span><\/li>\n
      3. Cash Out Token\/voucher Fee (PnP Cash Out)<\/span>R12.50<\/span><\/li>\n
      4. Credit\/Debit Card top-up<\/span>4,50%<\/span><\/li>\n
      5. EFT Transfer IN<\/span>R5<\/span><\/li>\n
      6. EFT Out Transfer<\/span>R6<\/span><\/li>\n
      7. Cash Deposit Voucher at ATM (Nedbank)<\/span>R8 + 2%<\/span><\/li>\n
      8. Loading Fee<\/span>R3<\/span><\/li>\n<\/ol>\n<\/div>\n
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        Account and Transaction Limits<\/strong><\/h3>\n<\/div>\n

        What is the account opening fee for a Coinvest Money Account (to be fully onboarded)?<\/strong><\/p>\n