Bank ATM Fees Compared
#1
Earlier I did a comprehensive comparison of all the banks. There is a poll too, please go vote there what bank you are using: https://platinumwealth.co.za/forum/Threa...s-Compared

Today I saw quite a few people standing at the ATMs in the mall and it made me thought about how many people still have not fully embraced internet banking and the cost savings that comes with it.

So here is a thread where I compared the ATM fees of each major bank.

ABSA Bank ATM Fees
ABSA Bank Withdrawal Fees
ABSA ATM: R6.50
Other Banks’ ATMs: R8,00 plus R0,70 per R100 or part thereof
International ATMs: R40,00 plus R1,40 per R100 or part thereof. 

ABSA Bank Deposit Fees
ABSA ATM: R4,00 plus R1,40 per R100 or part thereof.

Full ABSA Table with additional accounts not listed here: https://www.absa.co.za/content/dam/south...ricing.pdf


FNB ATM Fees
FNB  Withdrawal Fees
FNB  ATM: R5 000 free per month, after that it’s R1.85 per R100
Other Banks’ ATMs: R8 + R1.85 per R100 
International ATM (Additional 2.75% Commission and Conversion fee applies): R65

FNB Bank Deposit Fees
FNB ATM: R45 + R5 per cheque

Link to all FNB bank accounts (Finding the fees is a hassle, they have a [email protected] website) https://www.fnb.co.za/cheque-accounts/index.html 


Capitec Bank ATM Fees
Capitec Bank Withdrawal Fees
Capitec Bank ATM: R6.00
Other Banks’ ATMs: R8.50
International ATMs: R50.00

Capitec Bank Deposit Fees
Capitec ATM: R0.90 per R100


Standard Bank ATM Fees

Standard Bank Withdrawal Fees
Standard Bank ATM: R1.60 per R100
Other Banks’ ATMs: R6.70 + R1.60 per R100
International ATMs: R50.00

Standard Bank Deposit Fees
Standard Bank: R1.60 per R100


NedBank ATM Fees
Nedbank Withdrawal Fees
NedBank ATM: R6.50
Other Banks’ ATMs: R8,00 plus R0,70 per R100 or part thereof.
International ATMs: R40,00 plus R1,40 per R100 or part thereof. 

Nedbank Deposit Fees
NedBank: R4,00 plus R1,40 per R100 or part thereof.


If you spot any mistakes please comment in the thread below and I will update it.
Register on Platinum Wealth (My referral link)

#2
I pay 0 for absa atm fees?

Sent from my SM-G935F using Tapatalk

#3
(07-19-2017, 03:34 PM)AstroTurf Wrote: I pay 0 for absa atm fees?

Sent from my SM-G935F using Tapatalk

What account do you have?

I think you get between 3 - 5 free ones and then it goes to those pay as you transact rates.
Register on Platinum Wealth (My referral link)






Users browsing this thread: 1 Guest(s)

Color Skins

Change Color:

Background Patterns:

Background Images:

Main Options: