The Standard Bank MarketLink Investment Account offers competitive interest rates and the flexibility of a…
The Standard Bank MarketLink Investment Account offers competitive interest rates and the flexibility of a current account.
Standard Bank MarketLink Investment Account Highlights:
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
|Highest Interest Rate||4.55%|
|Min Investment Amount||5000.00|
|Investment Period||32 days|
|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%|