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Products and services > Savings accounts
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Our range of savings accounts can help you reach financial well-being, whether
- you are just starting the savings habit, or
- you want to build a rainy day fund for those unforeseen emergencies, or
- want to pay cash for future expenses instead of borrowing, or
- you want to save as a group who share a common interest or objective.
Everyone understands the benefits of saving and why saving should be part of your everyday money management no matter what you earn. It's cheaper than borrowing and you earn extra money in the form of interest. Savings can be your deposit on a home loan and, with a cash nest egg, you could even start thinking about an investment portfolio! Use our Savings and Investment Product Wizard to help you choose the right savings accounts for you.
Follow the links below for details on savings accounts available from Standard Bank:
- PlusPlan - the convenient savings and transacting combination
- PureSave - the easiest way to earn excellent interest on any saved amount
- ContractSave - an easy but structured plan to reach your savings goals
- Society Scheme - for groups who share a common savings objective
See Standard Bank Investments for term products like fixed deposits and notice deposits where your money is not available for immediate withdrawal.
Some Savings Tips:
- Make savings a permanent item in your personal and household budget
- Understand your short term, medium and long term savings needs
- Choose the right type of savings product for each of your savings goals
- The earlier you start saving, the greater the benefit of compound interest
- It is never too late to start saving - every cent will count when you need it.
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