Investment Accounts - Standard Bank MarketLink Investment Account

Standard Bank MarketLink Investment Account

 
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Standard Bank MarketLink Investment Account

The Standard Bank MarketLink Investment Account offers competitive interest rates and the flexibility of a…

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Standard Bank MarketLink Investment Account

The Standard Bank MarketLink Investment Account offers competitive interest rates and the flexibility of a current account.

Standard Bank MarketLink Investment Account Highlights:

  • The cash held in your account is guaranteed.
  • There is no defined investment period.
  • You can deposit funds and access them at any time.
  • There are stronger investment benefits for investments of R20 000 and more.
  • You can link your MarketLink account to your Standard Bank ATM card and manage your account online, at an ATM, or from your cell phone.

In order to qualify, you have to be an individual and submit an opening deposit of R5 000. You also need to be a South African citizen or if you are a non-South African citizen you will need to have a valid passport and work permit or study permit. Minors can open an account with a parent’s or guardian’s consent.

Interest is calculated on the daily balance and is paid into your Standard Bank MarketLink Investment account on a monthly basis. You can create a weekly or monthly stop order from your current account to your MarketLink account. If you are looking for an investment account with the flexibility of a current account and competitive interest rates, the MarketLink Investment Account is perfect for you.

 

Standard Bank contact details:

Address: 5 Simmonds Street
Johannesburg 2001

Tel: 0860 101 341
Email: [email protected]
Website: www.standardbank.co.za

Account Details

Highest Interest Rate 4.55%
Min Investment Amount 5000.00
Investment Period 32 days

Interest Rates

R1,000 - R10,000 2.50% (Min R5,000)
R10,000 - R25,000 3.75%
R25,000 - R50,000 3.75%
R50,000 - R75,000 3.75%
Interest R75,000 - R100,000 3.75%
Interest R100,000 - R500,000 4.55%
R500,000 - R1,000,000 4.55%
R1,000,000 - R5,000,000 4.55%
R5,000,000 + 4.55%


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