How to Transfer Money from Your (2026 Guide).
If you’re still getting your SASSA grant on the SASSA Gold/Postbank card but you’d rather use your Capitec account, you’re not alone. Capitec remains a popular choice for its accessibility, lower fees, and robust mobile banking features.
Quick Reality Check
There is no magic “instant transfer” button from a SASSA Gold card to Capitec. In practice, you either move this month’s money yourself (cash out → cash in) or change your banking details so future grants pay directly into Capitec.
How SASSA Payments and the Gold Card Actually Work
Most older SASSA grants (old age, disability, child support, etc.) are paid either onto a SASSA/Postbank card (often still called the “SASSA Gold Card”), or directly into a personal bank account (Capitec, FNB, Standard Bank, etc.)srd.sassa.gov.za. For SRD (R370) grants, SASSA strongly prefers paying into your own bank account and lets you update your details online..
Key things to understand:
- The SASSA card is linked to a Postbank account, not Capitec.
- The SASSA card/account combination is not designed for interbank EFT transfers the way a normal bank app is.
- If you want money in Capitec today, you must use a cash or cash-deposit route.
- If you want money in Capitec every month going forward, you must change your SASSA banking details.
Moving Current Funds: Withdraw and Deposit
This is the solution for the “I’ve already been paid on the SASSA card, now I want it in Capitec” scenario. It is a two-step manual process:
Step 1: Withdraw Cash from Your SASSA Card
You can use a Postbank / SASSA-supported ATM, which is often cheaper than private bank ATMs, or withdraw inside certain retailers when paying for groceries (cash-back). Avoid repeated small withdrawals; one larger withdrawal is usually cheaper overall.
Step 2: Deposit Cash into Your Capitec Account
Once you have the cash, put it into Capitec using a Capitec Cash Deposit ATM (usually immediate reflection), a Capitec Branch Deposit (teller assistance), or a Retail Cash Deposit at Boxer or Pick n Pay tills. Always keep your deposit slip or ATM receipt until the funds reflect in your Capitec app.
Future Payments: Direct Deposit into Capitec
This is the smartest long-term solution. Instead of moving the money every month, you tell SASSA to stop paying on the card and pay directly into Capitec. The process depends on which grant you receive.
Updating Banking Details for SRD Grant
For SRD (R370), updates are done online. You will need your SA ID, registered cellphone number, and Capitec account details (number and type).
- Visit official portal: Go to the official SASSA SRD website.
- Find Change Details: Enter your ID number to receive an SMS link.
- Open secure link: Open the link in your browser and select Capitec Bank.
- Enter account info: Provide your account number and type (savings/transactional).
- Submit & Verify: Wait for SASSA and National Treasury to verify that the account is in your name.
Important: SRD grants cannot be paid into someone else’s account. If the names don’t match, the payment will fail.
Updating Banking Details for Permanent Grants
For Old Age, Disability, or Child Support grants, you must submit a physical form and proof to SASSA.
- Visit Capitec: Ask for a stamped bank confirmation letter showing your name and account number.
- Get SASSA Form: Collect the bank payment form (Annexure C) from a SASSA office or Capitec branch.
- Fill in Details: Provide your ID, grant type, and Capitec account info.
- Submit to SASSA: Hand in the completed form, stamped bank letter, and a certified copy of your ID at a SASSA office.
Wait for the switch to take effect; it usually takes one full payment cycle (about a month).
The Reality of Direct Electronic Transfers
There is no “Direct Transfer” button in the way most people imagine. You cannot reliably use the SASSA/Postbank card like a normal transactional card to do an EFT to Capitec through an app. Similarly, you cannot set up recurring electronic transfers from the SASSA card to Capitec through SASSA’s internal systems.
Most reputable guides confirm that the only practical long-term way is to update your banking details with SASSA rather than trying to “transfer” from the card every month manually.
Fees, Delays, and Essential Safety Tips
Typical Costs
SASSA/Postbank ATM withdrawals are often cheaper at Postbank partner ATMs than at major private banks. Capitec cash deposits are charged per R100 but remain generally low. Retail deposits at Boxer or Pick n Pay usually involve a small fixed fee.
Common Delays
Banking detail changes can take several days to a month to update fully. Weekends and public holidays can delay fund reflections between different banking systems.
Safety Protocol: Never give your PIN, OTP, or full card number to anyone. Only change banking details through the official SASSA SRD website or a physical SASSA office. Ignore WhatsApp or Facebook “agents” offering to “fast-track” payments into Capitec for a fee – that’s almost always a scam.
Frequently Asked Questions
Can I transfer money from my SASSA card straight to Capitec using the Capitec app?
No. The Capitec app can manage Capitec accounts, not your SASSA/Postbank card. You need to either withdraw and deposit the money manually or change your banking details with SASSA.
Can SASSA pay my grant into someone else’s Capitec account?
No. The account must be in your name. If verification finds that the name or ID doesn’t match the account owner, the payment will fail.
How long does it take after I change my banking details?
Plan for one full payment cycle. While it is sometimes faster, verification queues can occasionally take about a month.
Do I need to cancel my SASSA card once I switch to Capitec?
Not necessarily. Once SASSA changes your payment method, the card will simply stop receiving new grants. You can keep it as backup ID or securely dispose of it.
What if I lost my SASSA card but want to move to Capitec anyway?
You can report the card lost at SASSA/Postbank and still submit a banking details change to Capitec, as long as your ID and personal info match the SASSA system.