SOL has made the usage of apps, website, and SOL accounts totally free of any charges. Most of our transactions are free. Unfortunately, some of the service providers charge their own fees. We try to keep them as small as possible.
- Once off activation fee including nationwide delivery: R 99.99
- Monthly fee: R 19.99
- Card load fee: R 9.99 per load
- Swiping card at any SA store: FREE
- Transfer between SOL Wallet users: FREE
- Transaction notification message: FREE
- Purchase airtime: FREE
- Purchase electricity: FREE
- Purchase DSTV: FREE
- Instant Bitcoin purchase: FREE
- Limit order for BTC//ZAR: 0.2%
3. Deposit and withdrawal fees
- Deposit to SOL account via EFT: FREE
- Cash deposit via FNB ATMs: 1%
- Cash center or branch deposit
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- R 0.01 - R 5 000: R 6.5 + 2.646% Min: R 53.16
- R 5 000.01 - R 25 000: R 6.5 + 1.802%
- R 25 000.01 - R 60 000: R 6.5 + 1.697%
- R 60 000.01 and over: R 6.5 + 1.244%
- Cashback in stores with POS purchase: R 2.62
- Cashback in stores without POS purchase: R 3.38
- Cash withdrawal at Standard Bank ATM: R 10
- BTC withdrawal: 0.0005 BTC
- Cash withdrawal at other SA ATMs: R 19.40
- EFT transfer to other bank accounts: R 4
4. Balance Check and others
- Check card/account balance in the mobile app: FREE
- SMS balance check: R 2.1
- Balance check in Standard Bank ATM: R 2.10
- Balance check in other SA ATM: R 4.40
- PIN reset: R 6.12
- When loading money into your SOL app via EFT - the sending bank may apply a small charge. Check your bank’s fee schedule (varies from R 3.5 to R 15)
- There is no need to use ATM or SMS to check your SOL Card balances - just open the SOL app, and see it there!