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User Ratings
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Overall Rating
Service Rating
% Recommended
52 % from 225 reviews
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Overall Rating
Service Rating
% Recommended
60 % from 57 reviews
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Overall Rating
Service Rating
% Recommended
70 % from 103 reviews
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Overall Rating
Service Rating
% Recommended
81 % from 619 reviews
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Product Features
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Balance Transfer Comments
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5% below prevailing interest rate for first 6 months
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5% below prevailing interest rate for first 6 months
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Reward Programme Comments
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You automatically become a member of our Virgin Money VIP programme the moment you receive your Virgin Money Credit Card and it is absolutely free.
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Retail Discounts Comments
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Monthly promotions to existing customers
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Monthly promotions to existing customers
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Virgin Money VIP; Pay for 2 Year Virgin Active with card and get 10% off per month; 10% off flights (terms and conditions); 5% off Virgin cosmetics; Virgin Mobile deal; 10% off to Ulusaba
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Payment Protection Insurance Comments
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R9.85pm
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R4.00 monthly admin fee + R3.40 per R1000 of outstanding balance
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R4.00 monthly admin fee + R3.40 per R1000 of outstanding balance
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Flat monthly fee of R10. Cover up to R50000
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Visa / MasterCard
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MasterCard
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MasterCard
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MasterCard
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Interest
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Best Expected Rate
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18.1%
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22.10%
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18.50%
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18.0%
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Best Expected Rate Comment
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18.1% - Flat across purchases, cash and budget
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22.10% - Flat across purchases, cash and budget
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18.50% - Flat across purchases, cash and budget
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18.0% - Flat across purchases, cash and no budget facility
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Credit Interest
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0.00% Flat
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0.75% - 4.75% (Dependant on credit balance)
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4.75% Flat
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3.00% Flat
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Credit Interest Comments
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Prime Linked
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Bank Charges
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Typical Monthly Bank Charges
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122.51
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101.53
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108.48
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55.61
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Typical Monthly Bank Fees
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83.72
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52.49
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51.49
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18.50
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Typical Monthly Interest Charges
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38.79
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49.04
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57.00
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37.11
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Criteria
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Min Age
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18
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18
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18
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18
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Min Annual Salary (R)
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0
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48000
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48000
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60 000
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Colour Status Level
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Entry
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Entry
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Entry
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Entry
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Other Criteria
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•Be a permanent South African resident with a green bar-coded ID
•Have a savings or cheque account
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Subscription Fees
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Membership Fees Comments
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R57 per month, with a R88 activation fee
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Basic Membership Fee
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R684.00 per year
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39.00 per year
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212.00 per year
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Free
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Petrol Card Fee
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Not applicable
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Free
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Free
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R4.25 per transaction
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Reward Programme Fee
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Not applicable
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Not applicable
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Not applicable
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Not applicable
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Secondary Card Fee
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Not applicable
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1 Free card
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1 Free card
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3 Free cards. Total of 3 additional cards free of charge
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Internet Banking Fee
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Not applicable
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Free
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Free
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Free
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Telephone Banking Fee
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Not applicable
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Free
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Free
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Free
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Management Fees Comments
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ABSA ATM and Branch Fees apply at any ABSA branch and at any ATM
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Card Replacement Fee
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R88.00
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95.00
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95.00
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R140.00
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Card Delivery Fee
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Free
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•Free
•165.00 Courier delivery on request
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•Free
•165.00 Courier delivery on request
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Free
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Enquiry Fees
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Account and Statement Enquiry Comments
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R3.50 Per Page for a Statement Reprint
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R4.25 at an ATM
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ATM Account Enquiry Fee
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R2.85
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Free
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Free
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R4.25
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Branch Account Enquiry Fee
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1st Free thereafter R4.25
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1st Free thereafter R4.25
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R4.25
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ATM Statement Enquiry Fee
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R2.85
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1st Free thereafter R4.00
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1st Free thereafter R4.00
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R4.25
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Branch Statement Enquiry Fee
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R3.50
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1st Free thereafter R11.00
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1st Free thereafter R11.00
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R4.25
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Transaction Fees
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Fuel Transaction Fee
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No Petrol Card
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R5.20 Flat
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R5.20 Flat
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R4.25 Flat
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Branch Transfer Fee
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Not available
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R4.50 PLUS 1.5% of transaction with a max of R38
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R4.50 PLUS 1.5% of transaction with a max of R38
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R4.25 Flat Fee (Electronic Transfer)
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Electronic Transfer Fee
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R11.40 Flat Fee
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R3.90 PLUS 1.17% of transaction with a max of R26
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R3.90 PLUS 1.17% of transaction with a max of R26
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Free
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Electronic Payment Fee
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R11.40 Flat Fee
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R3.9 PLUS 1.17% of transaction with a max of R38
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R3.9 PLUS 1.17% of transaction with a max of R38
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Free
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Branch Payment Fee
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N/A
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R3.90 PLUS 1.17% of transaction with a max of R26
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R3.90 PLUS 1.17% of transaction with a max of R26
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R38.00 Flat Fee (Same as branch deposit)
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ATM Deposit Fee
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R3.70 Flat Fee PLUS 1.10% of transaction value above R250
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1 Free per month. 1 Free per month thereafter R4 + 1.2% (min R12)
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1 Free per month. 1 Free per month thereafter R4 + 1.2% (min R12)
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R20.50 Flat Fee
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Branch Deposit Fee
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R3.70 Flat Fee PLUS 1.10% of transaction value above R250
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1 Free per month. 1 Free per month thereafter R4 + 1.2% (min R12)
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1 Free per month. 1 Free per month thereafter R4 + 1.2% (min R12)
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R38.00 Flat Fee
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Cheque Deposit Fee
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R3.70 Flat Fee PLUS 1.10% of transaction value above R250
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Free
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Free
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R38.00 Flat Fee
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Own ATM Cash Withrawal Fee
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R6.10 PLUS 1.10% of transactions value for amounts above R100. Below R100 R4.5 Flat Fee
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R10.80 Flat Fee
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R10.80 Flat Fee
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R12.00 Flat Fee
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Other ATM Cash Withrawal Fee
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R6.10 PLUS 1.10% of transactions value for amounts above R100. Below R100 R4.5 Flat Fee
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R23 Flat Fee
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R23 Flat Fee
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R12.00 Flat Fee
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Branch Cash Withrawal Fee
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N/A
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R26.50 + 1.2% of transaction
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R26.50 + 1.2% of transaction
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R38.00 Flat Fee
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International Cash Withrawal Fee
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N/A
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R26.50 PLUS 1.3% of transaction
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R26.50 PLUS 1.3% of transaction
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R12.00 Flat Fee
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