The Standard Bank AccessSave Savings Account offers a flexible savings option which rewards you with…
The Standard Bank AccessSave Savings Account offers a flexible savings option which rewards you with bonus interest when you reach your savings target. It requires a low minimum opening deposit and there are no monthly fees.
To open a Standard Bank AccessSave Savings Account, a low R50 minimum deposit is required. With the Account you can set a 3 month savings target at a Standard Bank Branch and earn bonus interest when you reach your end goal. The Standard Bank AccessSave Savings Account has free “MyUpdates” to help you secure your account and which helps you stay in touch with what is happening on your accounts through SMS or Email alerts. With your savings account, you will also get free inter-account transfers if you link your AccessSave to a Standard Bank current account. You get the option to open various AccessSave accounts for different savings goals. Benefit from 7 days notice required for withdrawals and AccessSave interest rates.
In order to qualify for the Standard Bank AccessSave Savings Account, you need to submit an opening deposit of R50. You also need to be a South African Citizen or as a non-South African citizen, you have to have a valid passport, a work permit or study permit. Minors can open an account with a parent’s or guardian’s consent. You will need to present your ID Book, your proof of home address or a valid passport and work or study permit for non South African citizens.
Standard Bank contact details:
5 Simmonds Street
Johannesburg 2001
Tel: 0860 101 341
Email: [email protected]
Website: www.standardbank.co
Monthly Fee (R) | 0.00 |
---|---|
Minimum Opening Balance | 50.00 |
Minimum Age | 16 |
Best Interest | 3.00% |
R50 - R1,000 | 2.30% |
---|---|
R1,000 - R10,000 | 2.30% |
R10,000 - R50,000 | 3.00% |
R50,000 - R100,000 | 3.00% |
R100,000 - 1,000,000 | 3.00% |
Cheque Deposit Branch | R30,00 |
---|---|
Cheque Deposit ATM | R0.00 |
Cash Deposit Branch | R30.00 |
Cash Deposit ATM | R30.00 |
Branch counter | R33.00 + 1.35% |
---|---|
Own Bank ATM | R5.50 |
Other Bank ATM | NA |
Overseas ATM | R40.00 |
ATM | R0.00 |
---|---|
Branch Counter | NA |
Internal Debit Orders | NA |
---|---|
External Debit Orders | NA |
ATM | R0.00 |
---|---|
Branch Counter | R30.00 |
ATM | R0.00 |
---|---|
At Other Bank ATM | R5.00 |
Branch counter | R30.00 |
Overseas ATM/POS | R5.00 |
Branch | R30.00 |
---|---|
ATM | 1 free, R12.00 thereafter |
Bank cheque/marked cheque | NA |
---|---|
Stop payments | NA |
Stop order | NA |
Special clearance | NA |
If you select a savings target and reach it within the agreed time period you will be paid a 1% Bonus interest.