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.
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 7.50% 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|
Why are you saving?
the cost of credit
How much is your loan really costing you? Knowing the true cost of credit can save you money.
how loans are approved
Before a credit provider decides to grant you credit (and at what interest rate), they first need to determine if you are a reliable credit client based on your actions and behaviour.