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Affordable banking made easy with a MyMo Account

When it comes to choosing the right bank account, it’s important that it meets your unique needs and fits into your lifestyle. That’s why a MyMo Account is designed to give you everything you need (at a fraction of the cost) without worrying about paying for anything you don’t.

By opening a MyMo Account, you get the features of a traditional bank account but with the flexibility of using them according to your needs and when it suits you. Here’s how one of South Africa’s bank accounts with the lowest fees makes banking and transacting more accessible and affordable:

Get your account for less than R5 per month

It only costs R4.95 per month to have a MyMo Account, making it safer, easier and more convenient to manage your money and achieve your goals.

No frills and low fees

A MyMo Account lets you pay as you transact, so you only pay for what you use. If you’ve got limited banking needs, you’ll be able to save on bank fees, providing cost savings that can be spent elsewhere.

Lots of freebies

  • You get free ATM deposits up to R1 500 (after that it costs R9 per R1 000).
  • With unlimited free swipes, it’s cost-effective to make payments, and you don’t have the hassle of needing an ATM or carrying around cash, which can be lost or stolen.
  • Our Banking App is free and doesn’t cost you anything to use, so you can manage your account anytime and anywhere. You can also use it to buy airtime, data and electricity without having to leave your house.
  • You can shop at your favourite online stores and apps with a Virtual Card, which you can create quickly and easily for free.

Pay less, get more

You get a gold card with a chip which you can also use to Tap to Pay for faster, safer payments in-store. Withdrawing cash at ATMs and retailers will come at a reduced rate. And R5 extra per month gets you a Standard Bank Mobile SIM with R50 airtime or 250MB data per month.

Opening a MyMo Account is fast and simple. All you need is to be 16 years or older, have a South African ID and live in South Africa. Simply apply online or on our app and you can start banking for less.

Download the latest version of the Standard Bank app


*Terms and conditions apply. Network costs only apply to downloading the app.