South Africa
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Types of bank accounts

Get to know what’s available before getting your bank account and be sure to look for the benefits and services that match your daily needs.

Transaction accounts

Savings accounts

  • Easy access to your money for day-to- day expenses
  • Keeping your cash secure and accumulating interest 

Choosing the right account

  • Ask yourself if you want to use this account to save money over time or if you’ll be using the account for day-to-day transactions
  • Shop around and look at a variety of products at a variety of banks. Check out the benefits that will work for you
  • You don’t need a regular income to have a bank account
  • A bank account is the best way to keep your money safe and to grow interest over time