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SaveUp account

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Save smarter with a flexible savings account that offers even higher interest rates when you bank with us. Whatever your goals, this account will help you get there.       

Some of the benefits

Flexible period

Use this account as a short-, medium- or long-term savings account

Better interest rates

Earn even higher interest rates when you have a bank account with us

Guaranteed capital

This account is low-risk and guaranteed to grow your savings

No penalties

Withdraw your funds at any time without paying any penalties

Flexible period

Use this account as a short-, medium- or long-term savings account

Better interest rates

Earn even higher interest rates when you have a bank account with us

Guaranteed capital

This account is low-risk and guaranteed to grow your savings

No penalties

Withdraw your funds at any time without paying any penalties
SaveUp interest rates

See how much interest you can earn depending on your account balance.

view interest rates
How it works
  • Start your savings journey with no minimum opening balance
  • Earn competitive interest rates from any amount
  • Get preferential interest rates when you have a qualifying Standard Bank transactional account
  • Funds can be deposited and accessed at any time, without any penalties
  • Interest is calculated daily and paid out monthly
  • Capital is guaranteed

Savings and Investment accounts scheduled payments competition  terms and conditions
Product terms and conditions
General terms and conditions

What it costs
  • No monthly management fees

See 2025 pricing guide
See 2026 pricing guide

How to get it
  • How it works
  • What it costs
  • How to get it
  • Start your savings journey with no minimum opening balance
  • Earn competitive interest rates from any amount
  • Get preferential interest rates when you have a qualifying Standard Bank transactional account
  • Funds can be deposited and accessed at any time, without any penalties
  • Interest is calculated daily and paid out monthly
  • Capital is guaranteed

Savings and Investment accounts scheduled payments competition  terms and conditions
Product terms and conditions
General terms and conditions

  • No monthly management fees

See 2025 pricing guide
See 2026 pricing guide

Frequently asked questions
What is the difference between PureSave and SaveUp?
With a SaveUp account, you can earn a higher interest rate of up to 6.55%* if you also have a transactional account with us. With a PureSave account, you can earn interest of up to 4.50%* regardless of whether you bank with us or not.
How much money do I need in my SaveUp account to start earning interest?
You will start earning interest from as little as R0.01 if you hold an active transactional account.
Who should get a SaveUp account?
Anyone looking to grow their money and have anytime access to their funds. If you hold a Standard Bank transactional account, you will also benefit from highly competitive interest rates.