Investment Accounts - Standard Bank Money Market Call Investment Account

Standard Bank Money Market Call Investment Account

 
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Standard Bank Money Market Call Investment Account

The Standard Bank Money Market Call Investment Account offers highly competitive interest rates. Your deposited…

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Standard Bank Money Market Call Investment Account

The Standard Bank Money Market Call Investment Account offers highly competitive interest rates. Your deposited funds will be available on demand and your capital is guaranteed.

Standard Bank Money Market Call Investment Account Highlights:

  • An unlimited number of deposits and transfers can be made into the account.
  • If you maintain a balance of R20 000 or more you get the best value.
  • The Standard Bank Money Market Call Investment Account allows for easy access to your funds if you have a Standard Bank current account.
  • You will receive higher interest rates, the higher your balance is.
  • The interest rates are variable, tiered by balance, paid monthly and calculated daily.
  • Free transfers between your Standard Bank current account to your Standard Bank Money Market Call Investment Account.
  • Only a cash deposit fee is required.

In order to qualify for a Standard Bank Money Market Call Investment Account, you have to be an individual and make an opening minimum deposit of R20 000. You have to be a South African citizen or as a non-South African citizen, you must have a valid passport, work permit or study permit. You will need to present your green coded Identification Book and proof of home address or a valid passport and work / study permit (for non-SA citizens).

 

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 5.70%
Min Investment Amount 20000.00
Investment Period 30 days

Interest Rates

R1,000 - R10,000 NA
R10,000 - R25,000 5.25% (min R20,000)
R25,000 - R50,000 5.25%
R50,000 - R75,000 5.25%
Interest R75,000 - R100,000 5.25%
Interest R100,000 - R500,000 5.65%
R500,000 - R1,000,000 5.65%
R1,000,000 - R5,000,000 5.70%
R5,000,000 + 5.70%


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