Stop Spending Cash to Spend your Cash
We don't believe in fees that seem to come out of nowhere because we're committed to improving your financial situation and maximising your money.
Account Fees
Monthly account fees
Free
Shared accounts with up to 10 people
Free
Up to 8 Additional Accounts
Free
Getting Paid
EFT-In / Add Money via EFT
Free
Salary Deposit
Free
Paid by another Spot user
Free
Deposit cash at till
R19.95
per deposit
per deposit
Add money via linked-card
1st free, up to R1000
thereafter, 3% of value.
thereafter, 3% of value.
Spending
Send money to another Spot user
Free
Pay with NFC enabled phone
Free
Buy airtime/ data in the app
Free
Buy prepaid electricity in the app
Free
Pay DSTV account in the app
Free
Pay municipal bill in the app
Free
EFT payment (Pay a beneficiary)
R5
per beneficiary payment
per beneficiary payment
International payments
Free
please note there is a fixed exchange rate at the time of purchase
please note there is a fixed exchange rate at the time of purchase
International money transfers
Dependant on country
Cards
Virtual Card
Free
Physical Card, collect at pick up point
R29
Physical Card, Delivered
R29
Replacement Card
R29
Withdrawals
Local ATM
R6
+ 1.4% of cash withdrawal value
+ 1.4% of cash withdrawal value
International ATM
R65
At Till, with purchase
R6
+ 0.5% of withdrawal value
+ 0.5% of withdrawal value
Miscellaneous Transactions
Declined transaction
R1.50
Dispute a Transaction
Minimum R55
additional fees may apply
additional fees may apply
ATM balance enquiry
R5
Spot Me Now, Buy Now Pay Later
Repay Instalment
Free
Default on Instalment Payment (Arrears)
R125
per missed instalment
per missed instalment
Limits
Transaction Limits
Per Day
Up to R30 000
50 Transactions
50 Transactions
Per Month
Up to R50 000
120 Transactions
120 Transactions
Per Year
Up to R600 000
1080 Transactions
1080 Transactions
Withdrawal Limits
Pay a Beneficiary
Up to R10 000 per month
R3000 per day
R3000 per day
ATM
Up to R10 000 per month
R3000 per day
R3000 per day
At till with purchase
Dependant on retailer
Physical Card, collect at pick up point
R29
Download Spot & Maximise Your Money
App Store
Google Play
