What are SOL fees?
We’ve made the usage of the SOL mobile app totally free of any charges. Most of the transactions are free. Unfortunately, some of the service providers charge their own fees. We try to keep them as small as possible.
SOL Card fees
- Once off activation fee including nationwide delivery: R 120
- Monthly fee: R 25
- Card load fee: R 10 per load
- Card unload fee: R4 per unload
- Online card purchase: R 0.58
Transaction fees
- Swiping card at any SA store: R1.50
- Transfer between SOL users: FREE
- Transaction notification message: FREE
- Purchase airtime: FREE
- Purchase water / electricity: FREE
- Purchase DSTV: FREE
Deposit and withdrawal fees
- Receiving an EFT into SOL: FREE
- Cash deposit at retail shops: R 6.90
- Cash deposit via Standard Bank ATMs: R 10 / per R 1000, min R 10
- Cash center or branch deposit: -- R 0.01 - R 5 000: R 6.50 + 2.646% Min: R 53.16 -- R 5 000.01 - R 25 000: R 6.50 + 1.802% -- R 25 000.01 - R 60 000: R 6.50 + 1.697% -- R 60 000.01 and over: R 6.50 + 1.244%
- Cashback in stores at POS: R 3.00
- Cash withdrawal at any ATM in SA: R 7 + 0.8% of value drawn
- EFT transfer to any SA bank accounts: R 4
- RTC (real-time transfer) to any sa bank accounts: R 40
Balance Check and others
- Check card/app balance in the mobile app: FREE
- SMS balance check: R 2.10
- Balance check at any ATM: R 10
- PIN reset: R 1.15
- Account dormancy fee: R 11/pm (after 3 months)
A few points to note:
- When loading money into your SOL app via EFT - the sending bank may apply a small charge. Check that bank’s fee schedule (varies from R 3.50 to R 15)
- There is no need to use an ATM or SMS to check your SOL Card balances - just open the SOL app, and see it there instantly and free!