Coinvest Money

Coinvest Money

Financial Intelligence

VIEW OUR COMPETITIVE

FEES

CARD REGISTRATION AND ONBOARDING FEES

1. On Opening an Account you will recieve a Physical Card Account and your Digital Account

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .R100

2. You will need to Deposit the Minimum Balance and Admin Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .R150

3. You can choose to add a Virtual Account from your Coinvest Money Profile (Recommended)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FREE

4. You can Fund your Account with any additional amount you deem and begin transacting

You can easily and conveniently transact without a physical card using the Digital and Virtual Account only. For example, you can use the Digital Account for day-to-day transactions such as EFT’s, purchasing topup 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.

MONTHLY ACCOUNT FEES

Customer Monthly Fee (Digital Account)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R45

Customer Monthly Fee (Card Account)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R10

Customer Monthly Fee (Virtual Account)

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CARD FEES

Card Activation Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R50

Cash ATM Withdrawal Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R12+1,5%

Balance Enquiry (ATM)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R10

Declined transaction Fee (on insufficient funds only)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R10

Declined ATM transaction Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R5

Card Replacement Fee (billed against Digital Account)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R50

Card Account Minimum Balance Required

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R100

Cashwithdrawal at POS (Cashback. Can only be done after a purchase)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R6

NON-CARD FEES

Account-to-Account (P2P)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R10

Cash Voucher Account top-up (PnP Cash IN)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R12.50

Cash Out Token/voucher Fee (PnP Cash Out)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R12.50

Credit/Debit Card top-up

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,50%

EFT Transfer IN

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EFT Out Transfer

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R6

Cash Deposit Voucher at ATM (Nedbank)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R8 + 2%

Loading Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R3

DIGITAL ACCOUNT/NON-CARD TRANSACTION FEES

Wallet to Wallet (P2P)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R10

Cash Voucher wallet top-up (PnP Cash-IN)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R12.50

Cash Out Token/voucher Fee (PnP Cash-Out)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R12.50

Credit/Debit Card top-up

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,50%

EFT Transfer IN

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EFT Out Transfer

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Cash Deposit Voucher at ATM (Nedbank)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R8 + 2%

Loading Fee

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R3