Consolidator Banking Account
A bank account for seniors over 55, offering ease, simplicity, and exclusive perks. Visit your nearest branch and open an account in just a few simple steps.
R
49
Monthly fee
Yes
Income required
Some of the benefits
Free Will drafting
Secure your estate with free Will drafting and reviews
Extra interest
Get an additional 0.5% interest on Fixed Deposit investments for balances below R 100 000
Easy access to cash
Get two free branch cash withdrawals and free till point withdrawals at participating retailers
Travel perks
Free travel insurance when you pay for tickets with your bank card
What you get
- Unlimited card swipes at no extra cost
- Monthly statements via email
- Monitor your account with notifications of transactions via MyUpdates
- Personalised insurance rates
- Unlimited electronic debit transactions and balance enquiries
- Simple and safe digital banking options on our Banking App and Online Banking
- Buy airtime, data or electricity on your phone, online or at your nearest ATM
- Use Instant Money™ to send cash using your phone or ATMs, or at various retailers
Personal transaction accounts T&Cs
General T&Cs
Standard Bank Connect T&Cs
Card features
- Secure Chip and PIN enabled card
- Global use of bank card at Mastercard or Visa ATM networks
- Access to Mastercard or Visa offers, and 24/7 emergency services contact centres
- Link your card to the SnapScan or Masterpass apps to pay by phone and shop securely online
- Automatic lost card protection
- Activate or disable till point, ATM and online card functionality using our App
What it costs
- From R 49 per month for a bundled fee
- Pay as you transact
- Rebate pricing, keep a minimum daily balance to get a refund of your monthly fee
How to get it
What you’ll need
- Income of R 8 000 a month
- Or a savings or investment account balance of at least R 5 000
- Your South African ID (or passport and residence permit if not an SA citizen)*
- Proof of residence not older than 3 months
*You must be over 55
-
What you get
-
Card features
-
What it costs
-
How to get it
- Unlimited card swipes at no extra cost
- Monthly statements via email
- Monitor your account with notifications of transactions via MyUpdates
- Personalised insurance rates
- Unlimited electronic debit transactions and balance enquiries
- Simple and safe digital banking options on our Banking App and Online Banking
- Buy airtime, data or electricity on your phone, online or at your nearest ATM
- Use Instant Money™ to send cash using your phone or ATMs, or at various retailers
Personal transaction accounts T&Cs
General T&Cs
Standard Bank Connect T&Cs
- Secure Chip and PIN enabled card
- Global use of bank card at Mastercard or Visa ATM networks
- Access to Mastercard or Visa offers, and 24/7 emergency services contact centres
- Link your card to the SnapScan or Masterpass apps to pay by phone and shop securely online
- Automatic lost card protection
- Activate or disable till point, ATM and online card functionality using our App
- From R 49 per month for a bundled fee
- Pay as you transact
- Rebate pricing, keep a minimum daily balance to get a refund of your monthly fee
What you’ll need
- Income of R 8 000 a month
- Or a savings or investment account balance of at least R 5 000
- Your South African ID (or passport and residence permit if not an SA citizen)*
- Proof of residence not older than 3 months
*You must be over 55
Tips and guidance
Getting started
Getting started
Learn to make the most of your new card.
Using your card
Using your card
Making changes to your card is quick, safe and easy when you know how.
Keeping your card safe
Keeping your card safe
Using your card is one of the safest ways to pay, but you should always take precautions.
Ways to pay by card
Ways to pay by card
Using a credit or debit card gives you various payment options.
Register now to benefit from paying with your Credit, Cheque or Debit card.
(sum)1 Banking Account
It's never too early to spark your child's interest in saving and spending wisely. Our (sum)1 Account, designed for kids under 16, comes with fantastic perks and a bank card with zero monthly fees.
No
Monthly fee
No
Monthly income required
Signature Banking Account
Get expert advice on investments, 24/7 support from a dedicated Private Banker and unlimited* domestic and international airport lounge access through your complimentary World Citizen Credit Card.
*When meeting the spending criteria
R
580
*
monthly fee
R
92 000
Monthly income required
Free
Offshore bank account
Professional Banking Account
Experience the private banking lifestyle as a young professional and get access to flight discounts and prime minus interest rates. You can also get personalised support from your banker and accredited financial advisors.
R
280
*
Monthly fee
No
Monthly income required
Degree
Qualifying criteria
Private Banking Account
Build your financial future with 24/7 support from a dedicated Private Banker, various investment solutions, and access to lifestyle benefits for you and your family.
R
460
*
Monthly fee
R
58 000
Monthly income required
Free
Offshore bank account
Prestige Banking Account
Get private banking for less with Prestige. Unlock a world of benefits and discounts and accelerate your growth with the support of our financial planners and experts.
R
250
*
Monthly fee
R
25 000*
**
Monthly income required
We also offer
Fixed Deposit investment account
Open an investment account where you can choose your investment period, make a single deposit, and see your money grow at a fixed rate. T&Cs apply
Travel insurance
You qualify for Standard Bank's basic automatic travel insurance, when using your Standard Bank Master, Visa or Cheque card to purchase your conveyance ticket, if you are under the age of 76 years old. Terms and conditions apply.
Need help?