South Africa
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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.


PureSave interest rates under 18

View interest earned per account balance band

View interest rates

REASONS TO OPEN A PURESAVE FOR YOUR CHILD

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Earn interest

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

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

You will have control over your child's money as it is linked to your banking profile to monitor their spending
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shield-background Created with Sketch.

Earn interest

Your child will earn interest on any positive balance in their account
icon-piggy-bank Created with Sketch.
shield-background Created with Sketch.

Learn to save

Your child can start saving from an early age and watch their money grow
icon-money Created with Sketch.
shield-background Created with Sketch.

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
icon-graph-up Created with Sketch.
shield-background Created with Sketch.

Monitor spending

You will have control over your child's money as it is linked to your banking profile to monitor their spending
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What you get
  • 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.

PureSave  terms and conditions
General terms and conditions

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

See 2025 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
  • 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.

PureSave  terms and conditions
General terms and conditions

  • No minimum opening balance 
  • No monthly management fees

See 2025 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.