| Fee Category | OM Bank (New) | Standard Bank Access | Absa Transact | Capitec | FNB Easy Zero | Nedbank MiGoals |
|---|---|---|---|---|---|---|
| MONTHLY FEES | ||||||
| Monthly Account Fee | R4.95 | R7.50 | R6.50 | R7.50 (maintain min R30 balance) |
FREE | R7.00 (Kids under 18: FREE) |
| CASH WITHDRAWALS | ||||||
| Own Bank ATM |
• Up to R500: 1 free p/m, then R9.50 • Above R500: 1 free p/m, then 1.9% above R500 |
R10 per R1000 up to R2000 p/m Thereafter R2.65 per R100 R2000 limit shared with other banks |
R10 per R1000 up to R2000 Thereafter R2.60 per R100 |
R10 per R1000 |
R8 per R1000 Up to R1500 p/m, thereafter R2 per R100 |
R11 per R1000 |
| Other Bank ATM |
• Up to R500: 1 free p/m, then R9.50 • Above R500: 1 free p/m, then 1.9% above R500 (Same as own bank - no OM ATMs) |
R10.50 per R1000 up to R2000 p/m Thereafter R2.65 per R100 R2000 limit shared with own bank |
R10 per R1000 | R10 per R1000 |
R12 per R1000 Up to R1500 p/m, thereafter R10 + R2 per R100 |
R11 + R11 per R1000 |
| International ATM | R75.00 | R3 per R100 (min R70) + 2.75% | R100 | R70 | Not Available | R65 + R2.75 per R100 |
| Retailer Cashback | 2 free p/m, thereafter R2.00 | FREE | FREE | R2.00 | FREE | R2.00 |
| CASH DEPOSITS | ||||||
| Own Bank ATM | Not Available | R1.60 per R100 | R2.60 per R100 | R1.40 per R100 | FREE up to R1500 p/m Thereafter R1.10 per R100 |
R2.00 per R100 |
| CARD PURCHASES | ||||||
| POS Purchases (Local) | FREE | FREE | FREE | FREE | FREE | FREE |
| International Purchases | Not Available | 2.75% | R4.00 | 3.00% | Not Available | R65 |
| ELECTRONIC PAYMENTS | ||||||
| Inter-account Transfer | FREE | FREE | FREE | FREE | FREE | FREE |
| EFT to Other Banks | FREE | R1.25 | R1.00 | R2.00 | R1.00 | R2.00 |
| PayShap Payments |
• Below R100: FREE • Up to R3000: R1.00 |
• Below R100: R1 • R100-R1999: R7 • R2000+: R50 |
R7.50 |
• To Capitec: R1.00 • To Other Banks: R2.00 |
Not Available |
• Below R100: FREE • R100+: R1.00 • To Account: R10.00 |
| Debit Orders | FREE | R3.50 | R3.50 | R3.00 | Not Available (Zero debit orders) |
R4.00 |
| Real Time Payments | Above R3000: R4.50 |
• Below R100: R1 • R100-R1999: R7 • R2000+: R50 |
• ≤R3000: R7.50 • >R3000: R40.00 |
Above R3000: R4.50 | R8.00 | R10.00 |
| BALANCE ENQUIRIES | ||||||
| Own Bank ATM | R2.50 | FREE | FREE | FREE | FREE | FREE |
| Other Bank ATM | R2.50 (Same as own bank - no OM ATMs) |
R11.00 | R1.00 | R10.00 | R7.30 | R11.00 |
| POS Balance Enquiry | Not Available | FREE | FREE | R1.00 | R1.75 | R2.00 |
| VALUE ADDED SERVICES | ||||||
| Prepaid Airtime | R0.50 | R0.70 | R1.50 | R0.50 | FREE | R1.00 |
| Electricity Purchase | R1.00 |
• Below R100: R1.20 • R100+: R1.80 |
R2.70 | R1.00 | R2.70 | R1.00 |
| Bill Payments | R1.00 | Not Specified | Not Specified | Not Specified | Not Specified | Not Specified |
| Cash Send (eWallet) | R13.00 | Not Specified | Not Specified | Not Specified | Not Specified | R11 per R1000 |
| STATEMENTS | ||||||
| Electronic Statement | Not Available | FREE (up to 6 months) R10 per month thereafter |
FREE | FREE | Not Specified | FREE (latest 3 months) R11 per statement thereafter |
| ATM Mini Statement | Not Available | R8.50 | R20.00 | FREE | R3.60 | R11.00 |
| DECLINED TRANSACTIONS | ||||||
| Insufficient Funds - Own ATM | Not Available | FREE | FREE | FREE | Not Specified | FREE |
| Insufficient Funds - Other | Not Available | R8.50 | R10.00 | R1.00-R10.00 | R8.50 | R10.00 (POS) / R11.00 (ATM) |
| CARD SERVICES | ||||||
| Card Replacement | Not Available | R160 | R70 | R70 | R60 (retail) / R120 (branch) | R100 (kiosk) / R160 (branch) |