Sassa gold cardholders to continue receiving grants
Beneficiaries can conveniently withdraw their grant money from a wide network of outlets approved by the Postbank.
The South African Postbank has assured all Sassa gold card holders that their cards will work beyond December this year.
Spokesperson Bongani Diako said the announcement was part of Postbank’s commitment to providing disadvantaged people with a quality, convenient and affordable service.
“The payments of social grants through Sassa gold cards over the years have empowered marginalised populations and made it easier for them to access their funds, especially in rural areas, where traditional banking infrastructure may be limited.
“This important development means that millions of social grant beneficiaries don’t have to change their Sassa gold cards to cards of other banks,” said Diako.
He added that the bank played an important role in ensuring that millions of beneficiaries received their social grants conveniently and securely.
Key points:
– Sassa gold cards not expiring: These will no longer expire in December 2023, bringing relief and assurance to all Sassa beneficiaries.
– Convenience and saving beneficiaries costs: The extension of the gold cards’ validity ensures continuity for beneficiaries, without having to endure the inconvenience and expense of changing their gold cards to other payment methods that are often costly.
– Payments through expired cards to continue: Beneficiaries using gold cards can rest easy, as they will be paid their grants through their expired gold cards in December 2023 and all subsequent months.
– Postbank’s exclusive mandate: Beneficiaries are strongly advised to disregard misleading information that might direct them to change to other card products claiming that Sassa gold cards are being replaced. Postbank is the only bank mandated to replace the Sassa gold cards.
– Sassa gold cards post-December 2023: Even after December 2023, the gold cards will continue to work as normal, ensuring continued access to social grants funds.
– Convenient withdrawals: Sassa gold cards can be used to withdraw Sassa grants from a wide network of the country’s ATMs, of any bank, including any retailer, such as Boxer, Pick n Pay, Shoprite, Usave, SPAR, and Shoprite. This reduces the need for beneficiaries to stand in long queues at post offices or cash pay points.
– No retailer or shop has the right to force beneficiaries to make a purchase: Sassa beneficiaries are advised to report any retailer or shop forcing them to buy goods before paying out their grants. You are entitled to your full grant payment, and you have every right to use the money as you deem necessary.
– Transaction benefits: Sassa gold cards offer many transaction benefits, including free withdrawals inside retail shops, free 3-month statements and balance inquiries. Beneficiaries are empowered because they get their grant money in full and save on transaction costs.
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