Save
transaction and savings
Earn from 2.25% interest per year with our transaction/savings account.
The transaction and savings account is your main account (R25 minimum balance; R5 monthly admin fee) that gives you affordable banking and up to 4 free flexible, fixed or tax-free savings plans.
Benefits
Some of the benefits of using our main savings account:
- Access to Mastercard® Priceless® Cities worldwide
- Earn from 2.25% interest per year on daily balances
- Easy transactions at lower, transparent bank costs
- Manage your savings plans and your money using our app, cellphone *120*3279#, the Internet and your Global One card
- Fix your money in any of the 4 free savings plans and earn up to 7.71% interest
Main savings account interest rates
All interest rates quoted are nominal annual compounded monthly (NACM) rates.
Amount (R) | R0 - R9 999 | R10 000 - R24 999 | R25 000 - R99 999 | R100 000+ |
Interest rate (%) | 2.25 | 2.25 | 2.25 | 2.50 |

what to know before studying further
It’s important to be realistic about how much time you have available to study and to research what your study and payment options are.

frequently asked questions: tax status
Updating your tax status is necessary, and you only need to provide information about your place of birth, your tax residence and your tax number.