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PureSave Account for your child

PB_Switch MyMo account product detail

Children deserve a great financial start in life. Give them a head start by opening a PureSave Account for them.


REASONS TO OPEN A PURESAVE FOR YOUR CHILD

Earn interest

Your child will earn interest on any positive balance in their account

Learn to save

Your child can start saving from an early age and watch their money grow

Learn to spend

Your child will receive a gold card and this will help them to learn how to spend money at an early age

Monitor spending

You will have control over your child's money as it is linked to your banking profile to monitor their spending
What you get
  • A savings and transactional account in one and a chance to win R2 000 deposited into the account
  • You have full control over your child’s account as it is linked to your banking profile
  • Your child can access their savings without any penalties
  • Gold debit card that your child can use to learn how to safely spend money
  • 3 Free ATM cash deposits per month
  • The more money your child saves, the more interest they will earn

Promotional T&Cs apply.
 

What it costs
  • No minimum opening balance 
  • No monthly management fees

See 2021 pricing guide

How to get it

Apply via Internet Banking:

  • Sign into your Internet Banking profile
  • Navigate to the Save & Invest tab and click on the browse button
  • Scroll down until you see the PureSave Savings tile
  • Click on Get Account and complete the steps

Apply on our Banking App:

  • Sign into the app
  • Tap on the More tile
  • Select Open a new account
  • Tap on Savings and Investment
  • Scroll down until you see the PureSave Savings tile and tap on it
  • Click Open and complete the steps

 
Apply at your nearest branch with the following documents:

  • ID copy of the parent or guardian (or passport if not an SA citizen)
  • Proof of residence not older than 3 months
     
  • What you get
  • What it costs
  • How to get it
  • A savings and transactional account in one and a chance to win R2 000 deposited into the account
  • You have full control over your child’s account as it is linked to your banking profile
  • Your child can access their savings without any penalties
  • Gold debit card that your child can use to learn how to safely spend money
  • 3 Free ATM cash deposits per month
  • The more money your child saves, the more interest they will earn

Promotional T&Cs apply.
 

  • No minimum opening balance 
  • No monthly management fees

See 2021 pricing guide

Apply via Internet Banking:

  • Sign into your Internet Banking profile
  • Navigate to the Save & Invest tab and click on the browse button
  • Scroll down until you see the PureSave Savings tile
  • Click on Get Account and complete the steps

Apply on our Banking App:

  • Sign into the app
  • Tap on the More tile
  • Select Open a new account
  • Tap on Savings and Investment
  • Scroll down until you see the PureSave Savings tile and tap on it
  • Click Open and complete the steps

 
Apply at your nearest branch with the following documents:

  • ID copy of the parent or guardian (or passport if not an SA citizen)
  • Proof of residence not older than 3 months
     
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Register now to benefit from paying with your Credit, Cheque or Debit card.

1

Using any qualifying Standard Bank personal Credit, Cheque or Debit card.

2

Rewards Points on all your qualifying purchases.

3

Rewards Points in four easy ways. Improve your Tier Level and earn even more Rewards Points.