Turn monthly fees into investments with Shyft
What if your banking fees could start contributing to your future and not just cover your present? If you’re aged 18 to 35, a Prestige Banking Account helps you turn everyday banking into something more rewarding.
Here’s how:
By simply switching your salary to your Prestige Account and maintaining at least 2 debit orders, your monthly banking fees are credited to your Shyft wallet for up to 12 months*. It’s a simple shift in the way you bank, but one that helps you live wealthier.
Once your fees are credited to Shyft, you can start putting that value to work in ways that suit your goals. Whether you’re building savings, exploring global opportunities, or starting to invest, everything sits in one secure, easy-to-use app.
With Shyft, you can:
- hold and earn interest on Rand in the Shyft ZAR Vault
- convert foreign currency
- spend globally with multi‑currency cards
- invest locally or offshore
Ways to grow your money even more
- More value with UCount Rewards
If you have a Prestige Account and are a UCount Rewards member, you get to enjoy travel and lifestyle benefits such as:
- savings on flights, hotels, and car hire
- lounge access at airports
- travel insurance, and
- fuel rewards at participating Astron Energy and Caltex service stations
You can also get up to 50* UCount Rewards Tiering Points for completing equity trades on your Shyft account, which could help you move up a Tier Level.
- Switch your home and vehicle finance
If you move your home loan to Standard Bank, we’ll cover your initiation, registration and cancellation attorney fees. If you’re a first‑time home buyer, you can also benefit from a 50% discount on bond registration costs and stand a chance to win up to R100 000 towards your home loan.
You can also enjoy zero initiation fees with preferential rates of up to prime less 0.25% when you switch your vehicle financing to us. Plus, get a payment break of up to 60 days on your monthly payment before your first instalment is due.
Offer valid for a limited time only. T&Cs apply.
Frequently asked questions
How much money will I get in my Shyft wallet?
You’ll receive the value of your monthly bank account fee. For example, the Prestige Account is R260 per month (2026 pricing), which means your Shyft wallet will be credited with R260 per month.
How long does the Shyft benefit last?
You must open a Prestige Account between 26 May 2026 and 30 November 2026. However, the benefit lasts up to 12 months, as long as you meet the monthly requirements.
How can I use my Shyft reward?
Your Shyft wallet funds can be used to:
- Invest in global shares and ETFs
- Invest in JSE-listed shares
- Convert and hold foreign currencies
Are there any additional benefits or fee discounts?
Yes. You get a R20 brokerage fee waiver on local trades each qualifying month.
Note: Other Shyft transaction fees still apply.
Note: Other Shyft transaction fees still apply.
What happens if I don’t meet the requirements?
You will lose that month’s reward. You can still qualify again in future months (within 12 months of account opening).
Do I need to use Shyft to trade or invest to qualify?
No. You don’t need to trade or invest to receive the benefit.
Who can open a Shyft account?
You can sign up for Shyft if you are:
- A South African resident
- A foreign national living in South Africa
- A Botswana resident
- 18 years or older
How do I register for Shyft?
- The Shyft add-on on the Standard Bank App
- The Shyft App
- The Shyft website
