07/02/2021
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Terms & Conditions
What fees should I pay?
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.
1. SOL Card fees
Once off activation fee including nationwide delivery: R 99.99
Monthly fee: R 25
Card load fee: R 9.99 per load
2. Transaction fees
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 Standard Bank ATMs: R 10 / each R 1000 (min R10)
Cash center or branch deposit: R 17 / R 1 000 Min R60
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
Few notes:
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!
