The Postbank has confirmed that South African Social Security Agency (SASSA) Gold Cards will be valid after 31 May 2025.
In a statement on Thursday, Postbank said grant beneficiaries with Gold Cards will continue to be paid their SASSA grants in those cards until further notice, which is great news for beneficiaries that have not yet migrated to Postbank Black Cards.
SASSA Gold Cards to continue working
According to Postbank, SASSA Gold Cards will continue to work across all payment systems, including ATMs and POS machines. Beneficiaries can continue to withdraw cash at all Postbank’s partner retail stores and can continue swiping for purchases.
This means that the Gold Cards will continue to work as they do now, even after 31 May 2025.
“In keeping with our commitment that we made that Postbank will ensure that no beneficiary will be left with no access to their grants and that there will be no disruptions in payments of grants, Gold Cards will continue to work until every beneficiary is transitioned to the new black card.
“We are therefore hopeful and confident that this announcement addresses any concern relating to the payments of any beneficiaries that may not have yet obtained their Black Cards,” Postbank CEO, Nikki Mbengashe, explained.
The CEO advised social grant beneficiaries to ignore any call that they must change banks, as this is unnecessary.
“We plead with them to be wary of misleading information that their Gold Cards will not work and that they need to change banks because of this,” she said.
Switching to Postbank black cards
While the switch to Postbank black cards will still happen, Sassa gold card users can still use their cards until all beneficiaries migrate to Postbank black cards. The Sassa gold cards won’t expire on a specific date, as previously mentioned.
“As the Gold Cards will continue to work and all beneficiaries can continue to use those cards and their Black Cards to access payments, Postbank notifies the beneficiaries that it has put a temporary suspension of the distribution of new Black Cards in its sites until further notice.
“This, however, has no impact on anyone who currently has a Postbank Black Card, as that card will continue to work as per normal,” the entity said.
READ ALSO: SASSA payment schedule for May 2025