Airtel Money is a mobile money service that allows you to send and receive money, pay bills, buy airtime and data bundles, and access other financial services using your phone. Airtel Money is available in Zambia and many other countries across Africa and Asia.
If you are using Airtel Money in Zambia, you might be wondering how much it costs to withdraw money from your account. In this article, we will explain the Airtel Money withdraw charges in Zambia and how they compare to other mobile money services.
Airtel Money Withdraw Charges in Zambia
According to the official Airtel website, the Airtel Money withdraw charges in Zambia are as follows:
| Withdraw Amount (K) | Charge (K) |
|---|---|
| Withdraw Amount (K): Between 1 to 150 | Charge (K): 2.50 |
| Withdraw Amount (K): Above 150 to 300 | Charge (K): 5 |
| Withdraw Amount (K): Above 300 to 500 | Charge (K): 10 |
| Withdraw Amount (K): Above 500 to 1,000 | Charge (K): 20 |
| Withdraw Amount (K): Above 1,000 to 3,000 | Charge (K): 30 |
| Withdraw Amount (K): Above 3,000 to 5,000 | Charge (K): 50 |
| Withdraw Amount (K): Above 5,000 to 10,000 | Charge (K): 100 |
These charges apply when you withdraw money from an Airtel Money agent or a bank account linked to your Airtel Money account. The charges are deducted from your account balance when you make a withdrawal.
The maximum amount you can withdraw per day is K20,000 and the maximum amount you can withdraw per transaction is K10,000.
How Do Airtel Money Withdraw Charges Compare to Other Mobile Money Services?
Airtel Money is not the only mobile money service in Zambia. You can also use MTN Mobile Money or Zamtel Kwacha to send and receive money using your phone.
How do the withdraw charges for these services compare to Airtel Money?
MTN Mobile Money withdraw charges
According to their respective websites, the MTN Mobile Money withdraw charges are as follows:
| Withdraw Amount (K) | Charge (K) |
|---|---|
| Withdraw Amount (K): Between 1 to 150 | Charge (K): 2 |
| Withdraw Amount (K): Above 150 to 300 | Charge (K): 4 |
| Withdraw Amount (K): Above 300 to 500 | Charge (K): 8 |
| Withdraw Amount (K): Above 500 to 1,000 | Charge (K): 16 |
| Withdraw Amount (K): Above 1,000 to 3,000 | Charge (K): 24 |
| Withdraw Amount (K): Above 3,000 to 5,000 | Charge (K): 40 |
| Withdraw Amount (K): Above 5,000 to 10,000 | Charge (K): 80 |
Zamtel Kwacha withdraw charges
The Zamtel Kwacha withdraw charges are as follows:
| Withdraw Amount (K) | Charge (K) |
|---|---|
| Withdraw Amount (K): Between 1 to 150 | Charge (K): Free |
| Withdraw Amount (K): Above 150 to 300 | Charge (K): Free |
| Withdraw Amount (K): Above 300 to 500 | Charge (K): Free |
| Withdraw Amount (K): Above 500 to 1,000 | Charge (K): Free |
| Withdraw Amount (K): Above 1,000 to 3,000 | Charge (K): Free |
| Withdraw Amount (K): Above 3,000 to 5,000 | Charge (K): Free |
| Withdraw Amount (K): Above 5,000 to 10,000 | Charge (K): Free |
As you can see, Zamtel Kwacha offers free withdrawals for all amounts up to K10,000. MTN Mobile Money charges slightly less than Airtel Money for most amounts up to K5,000 but more for amounts above K5,000.
Therefore, depending on how much money you want to withdraw and how often you do so, you might find one service more convenient and cost-effective than another.
Conclusion
Airtel Money is a popular and reliable mobile money service in Zambia that allows you to manage your money on your phone. However, before you use it, you should be aware of the Airtel Money withdraw charges in Zambia and how they compare to other mobile money services.
We hope this article has helped you understand the Airtel Money withdraw charges in Zambia and how they affect your transactions. If you have any questions or feedback about this topic or any other related topic such as airtel customer care number or data bundles for airtel money , please feel free to contact us or leave a comment below.
