About Elite Banking


How to qualify

  • You earn a minimum gross monthly income of R 8 000
    OR
  • You have a 3-year degree or diploma and earn a minimum gross monthly income of R 5 000

Features and benefits

  • Personalised Gold Cheque Card
  • Reduced monthly management fee on a second account for your spouse or partner
  • Debit card cashback at selected Shoprite, Checkers, Spar, and Boxer outlets
  • Safe and easy payments with SnapScan, MasterPass and Instant Money
  • 24/7 self-service banking using the Standard Bank App, online banking, cell phone banking (*120* 2345#) or ATM
  • Prepaid airtime, data and electricity recharge purchases using these self-service channels
  • Free cheque and debit card swipes
  • 6 free Standard Bank ATM cash withdrawals
  • 3 free ATM deposits
  • Free SMS security notifications with MyUpdates
  • Free monthly e-statements
  • Collect UCount rewards points each time you swipe to purchase and spend your rewards at UCount Online Mall

What it costs

  • Fixed monthly fee (Elite Plus)  ̶  pay a single monthly management fee for a fixed number of transactions and services
  • Pay as you transact  ̶  Pay for each transaction, and a minimum monthly service fee. We will refund a portion of your service fees if you keep a specified daily minimum balance in your account for a calendar month
  • Elite Banking pricing (PDF)

How to apply

  • Apply online via online banking
  • Visit your nearest Standard Bank branch

What you'll need

  • Your ID book or passport for foreign nationals
  • Your last payslip or proof of income (up to three months old)
  • Proof of home address (up to three months old)
  • A residency permit (for foreign nationals staying in South Africa)

Apply for a current account