How Do I Get My NSFAS Mastercard? – Mynsfas Allowance

Get a Nsfas MasterCard, replacing the Nsfas Wallet payment platform, to make payments from your study capital or SAFE account. The card is accepted at thousands of South African merchants and websites.

The NSFAS MasterCard enables students to have greater control of their finances. Students can apply for a credit limit of up to R20 000, they can use the card to withdraw cash at ATMs, pay for goods and services and buy airtime. Students are also protected against fraud by Chip and PIN technology.

The NSFAS MasterCard is a reloadable prepaid card that helps students manage their finances. This can be used anywhere MasterCard is accepted and can help them track their spending.

Who Can Use NSFAS Mastercard?

The NSFAS Mastercard is only available to students who are approved to receive NSFAS allowance. This means that if you are a student who is not funded by NSFAS, then you are not eligible for the NSFAS Mastercard.

How Do I Get My NSFAS Mastercard?

Once you’re approved to be funded by the NSFAS, get your NSFAS Mastercard. With this card, you can withdraw cash at any ATM or pay for goods and services at any business establishment that accepts Mastercard.

Students who qualify for the NSFAS Mastercard can pick up their card from the nearest distribution centre at any time after approval. It is National Student Financial Aid Scheme (NSFAS) will be the sole distributor to give out the NSFAS Mastercards.

NSFAS Mastercard Partners

These are the official distributing partners of the NSFAS Mastercard

  1. Coinvest
  2. Zaga
  3. Norraco
  4. Tenet


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