Bidvest Bank Fees
Buy and invest in shares on South Africa’s most affordable trading platform straight from your Grow Account via the linked Bidvest Bank EasyEquities Account. No minimums or platform fees, simple and easy to use.
Grow Account Fee Schedule
Bidvest Bank Grow Account™ fees and rates are effective 01 July 2021
| Product – Grow Account | Channels | PAYT | All-IN |
|---|---|---|---|
| General | |||
| Monthly Administration Fee | – | R6.00 | R175.00 |
| Monthly Internet Banking Fee | – | Free | Free |
| Card | |||
| Primary Card Issue (Personalised) | Branch | Free | Free |
| Courier | Free | Free | |
| Primary Card Issue (Non-Personalised) | Branch | Free | Free |
| Courier | N/A | N/A | |
| Card Replacement (Personalised) | Branch | R120.00 | R120.00 |
| Courier | R120.00 | R120.00 | |
| Card Replacement (Non-Personalised) | Branch | R50.00 | R50.00 |
| Courier | N/A | N/A | |
| Limits | |||
| Increased Limit Fee (ATM Limit) | Service Centre | R20.00 | Free |
| Mobile/App | Free | Free | |
| Increased Limit Fee (EFT Limit) | Service Centre | R20.00 | Free |
| Increased Limit Fee (POS Limit) | Service Centre | R20.00 | Free |
| Mobile/App | Free | Free | |
| Deposits | |||
| Cash | Branch | 3% of the deposit value | 3% of the deposit value |
| Retailers | R14.00 | Free | |
| Incoming Electronic Deposits | Branch | Free | Free |
| Withdrawals | |||
| Cash | Branch | R50 + R1.50 per R100.00 | R50 + R1.50 per R100.00 |
| Own ATM | R6.00 per R1000.00 | Free | |
| SASWITCH ATM | R10.00 + R2.80 per R100.00 | Free | |
| International ATM | R50 + 4.0% International Currency Conversion Fee | 4.0% International Currency Conversion Fee | |
| Electronic Payments | |||
| Beneficiary Payment | Service Centre | R10.00 | Free |
| Internet Banking | R7.00 | Free | |
| Mobile App | R2.00 | Free | |
| Internal Transfer | Service Centre | R10.00 | Free |
| Internet Banking | Free | Free | |
| Mobile App | R2.00 | Free | |
| Recurring Internal Transfer | Service Centre | Free | Free |
| Internet Banking | Free | Free | |
| QuickPay Payment | Internet Banking | Free | Free |
| Mobile App | Free | Free | |
| Point Of Sale Transactions | |||
| POS Purchase | Domestic POS | Free | Free |
| International POS | R17.00 + 4.0% International Currency Conversion Fee | 4.0% International Currency Conversion Fee | |
| POS Purchase and Cash Withdrawal | Domestic POS | R3.00 | Free |
| Cash Withdrawal | Domestic POS | R5.00 | Free |
| International POS | R40.00 + 4.0% International Currency Conversion Fee | 4.0% International Currency Conversion Fee | |
| Payment Instructions | |||
| Debit Order | R5.00 | Free | |
| Debit Order Payment | R25.00 | Free | |
| Stop Order | Service Centre | R10.00 | Free |
| Internet Banking | R6.00 | Free | |
| Balance Enquiries | |||
| Balance Enquiry | Branch | Free | Free |
| Service Centre | Free | Free | |
| Own ATM | R4.00 | Free | |
| SASWITCH ATM | R10.00 | Free | |
| International ATM | R7.00 | Free | |
| Internet Banking | Free | Free | |
| Mobile App | Free | Free | |
| Statement Enquiries | |||
| Interim Statements | Branch | R10.00 | R10.00 |
| Service Centre | R10.00 | R10.00 | |
| Mobile App | Free | Free | |
| Internet Banking | Free | Free | |
| Airtime Purchases | |||
| Purchase of Airtime | Mobile App | Free | Free |
| Internet Banking | Free | Free | |
| Electricity Purchases | |||
| Purchase of Electricity | Mobile App | Free | Free |
| Internet Banking | Free | Free | |
| Notifications | |||
| Transaction Notifications | SMS | R0.80 | Free |
| Free | Free | ||
| Proof of Payment | R1.00 | Free | |
| Penalty Fees | |||
| Returned Debit Order | R25.00 | R25.00 | |
| Debit Order Reversal < 40 days | R25.00 | R25.00 | |
| Debit Order Reversal > 40 days | R105.00 | R105.00 | |
| Unsuccessful Disputes | R50.00 | R50.00 | |
| EFT Recall | R250.00 | R250.00 | |
| Declined Transactions | |||
| POS Transaction Declined | Domestic POS | R7.00 | Free |
| International POS | R17.00 | Free | |
| POS Transaction Declined – Incorrect PIN | Domestic POS | R6.50 | Free |
| International POS | R17.00 | Free | |
| Cash Withdrawal Declined | Own ATM | R7.00 | Free |
| SASWITCH ATM | R7.00 | Free | |
| International ATM | R17.00 | Free | |
| Deceased Estate | |||
| Certificate of Balance | N/A | R360.00 | R360.00 |
| Administration | Additional charge could be levied based on complexity of estate | R510.00 | R510.00 |
| Duplicate Documents | Statements, IT3B’s, etc. | R17.00 | R17.00 |
| Duplicate Documents | Statement request older than three months | R27.00 for first page, thereafter R11 per page | R27.00 for first page, thereafter R11 per page |