TymeBank Offers Interest-Free Early Access to SASSA Grants

TymeBank, a South African digital bank, is offering interest-free early access to government grants provided by the South African Social Security Agency (SASSA). The bank aims to assist grant recipients who are struggling financially due to the COVID-19 pandemic and the recent unrest in certain parts of the country.

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Grant Recipients Eligibility

The offer is available to TymeBank customers who are SASSA grant recipients. Customers can apply for early access to their grant money through the bank’s app or website. The offer is available for the following grants:

• Old Age Pension
• Disability Grant
• Child Support Grant
• Foster Child Grant
• Care Dependency Grant
• War Veteran’s Grant

Early Access Offer

TymeBank customers who qualify for early access will be able to access up to 50% of their grant amount, interest-free. The bank will deduct the amount advanced when the grant is paid out by SASSA.

The offer is available until 30 April 2023, subject to SASSA’s payment schedule. Customers are encouraged to repay the amount advanced as soon as possible to avoid any impact on their future grant payments.

Look at the image below to see how to apply

Conclusion

TymeBank’s offer of interest-free early access to SASSA grants aims to alleviate the financial burden experienced by grant recipients due to the COVID-19 pandemic and recent unrest. The offer is available to eligible customers until 30 April 2023 and can be accessed through the bank’s app or website. Customers are encouraged to repay the amount advanced as soon as possible to avoid any impact on their future grant payments.