How to Transfer Money from SASSA Card to Capitec

As a SASSA grant recipient who also uses a Capitec account, one thing that should top your priority list is to learn how to transfer money from SASSA card to Capitec. It is in doing this you find out that transfer of funds between different accounts is a bit tricky has a lot to do with tact to get it right.

Although this transfer process isn’t easy to do, a lot of persons need to be taught the hack so they can manage their finances better. Hence, this article.

Here, we’ll take you through every step there is to know about how to transfer money from SASSA card to Capitec.

1The SASSA Grant

2How to Transfer Money from SASSA Card to Capitec

3Frequently Asked Questions

4Conclusion

5References

6Recommendations

The SASSA Grant

The South African Social Security Agency (SASSA) offers financial help to those who qualify through different types of grants such as the child support grant, old age pension, and disability grant.

If you’re a recipient of the grant, you’ll know you can get your money through a SASSA card which also works like a debit card.

There are lots of things you could do with the card and they include: cash withdrawal, payment at point of sales, and checking your balance at certain stores and ATMs.

See: How to Transfer Money from FNB to Capitec without App

How to Transfer Money from SASSA Card to Capitec

Currently, you cannot transfer money from your SASSA card to your Capitec bank account. However, there are convenient ways carry that out.

Here’s how:

Online Method of Transferring Money from the SASSA card to Capitec account

This process will link your SASSA card to your Capitec account, making it easier to access your funds. So, here’s a simple way to go about it:

Start by going to the official SASSA website. Look for the section labeled “Change Banking Details.”
Complete the online form you’ll find there. You’ll need to provide your 13-digit South African ID number and your cell phone number.
SASSA will send a 6-digit One-Time Password (OTP) to your phone. Enter this OTP on the website to confirm your identity.
Make sure you have your Capitec Bank account information handy. This includes your account number, branch code, and account type.
After checking that all your information is correct, click “Submit” to send in the form.

Also, read: How To Transfer Airtime on Vodacom Without App in South Africa in 2024

Transfer Money From SASSA Directly to your Capitec Bank Account Using the Offline Method

If you prefer to have your SASSA grant deposited directly into your Capitec bank account instead of using your SASSA card, these simple steps are yours to follow:

Visit your nearest SASSA office and ask for the Annexure C form from a SASSA representative.
Complete the Annexure C form with all the required details.
Make sure you use the same ID number you provided when you first applied for the grant.
Also, include the phone number that is registered with SASSA to ensure your information matches.
Take the filled-out Annexure C form to your local SASSA office and give it to a SASSA representative.
SASSA will handle the transfer of funds from your SASSA card to your Capitec bank account using this form.

Once your new SASSA grant is approved, the payments will be transferred directly into your Capitec account instead of your SASSA card.

See this: Hohm Energy in Financial Crisis Months after $8M Raise

Frequently Asked Questions

Do I get to pay withdrawal fees when I use my SASSA card?

Using your SASSA card at SASSA-branded ATMs comes with no withdrawal fees. You can take out cash from these ATMs without having to pay any extra charges. It’s a convenient way to access your money without worrying about additional costs.

Is there a fee for transferring money from my SASSA card to my Capitec account?

Transferring money from your SASSA card to your Capitec account doesn’t cost you anything with Capitec Bank. However, SASSA might have their own fees for handling the transaction, so it’s a good idea to check with them to see if there are any costs involved.

Can I transfer my money from SASSA card to my bank account?

Currently, you can’t directly transfer money from your SASSA card to any bank account. However, you can link your SASSA card to your Capitec account using any of the methods we have listed above. That way, you’re able to manage your balance through the Capitec app.

Conclusion

So, this is it about how to transfer money from SASSA card to Capitec. Remember that your inability to transfer funds directly doesn’t also mean there can’t be a way out.

If you found this article useful, we’d love to hear from you! Drop your thoughts in the comments below. And don’t forget to connect with us on our social media channels for more tech tips and valuable content. Join our community and stay updated on all the latest insights!