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ContractSave savings account

Saving and investments ContractSave

Put aside a fixed amount every month and earn bonus interest if you save for longer. You also get to choose your own savings period - from one year to 20 years.

ContractSave interest rates

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

View interest rates

Some of the benefits

Zero monthly fees

Pay no monthly fees and a minimal fee if you decide to withdraw early

UCount Rewards

Boost your UCount Rewards Points when holding one or more savings accounts

No risk

The value of your savings will never drop below the sum of your deposits

Flexibility

Earn top rates whether you’re saving for the short-, medium- or long-term

Zero monthly fees

Pay no monthly fees and a minimal fee if you decide to withdraw early

UCount Rewards

Boost your UCount Rewards Points when holding one or more savings accounts

No risk

The value of your savings will never drop below the sum of your deposits

Flexibility

Earn top rates whether you’re saving for the short-, medium- or long-term
What you get
  • Regular savings with monthly debit orders of at least R100
  • Earn extra interest for every year you don't miss a debit order
  • Transfer your savings and interest earned at the end of your savings period to any other account
  • Interest rate is based on your account balance and investment period
  • Interest is calculated daily and paid out monthly
  • Check your account balance in-branch
  • Capital is guaranteed
  • Once a year, you may redeem 10% of your Capital amount without incurring a fee

ContractSave terms and conditions
General terms and conditions

What it costs
  • No monthly fees
  • Cash deposit fees apply
  • Early withdrawal fees apply

See 2025 pricing guide

 

How to get it

ContractSave accounts must be opened in-branch.

Bring the following documents with you to activate your savings account:  

  • ID copy (or passport if not a South African citizen)*
  • Proof of residence not older than 3 months
     

*If you're a minor, you'll need the consent of your parent or guardian

  • What you get
  • What it costs
  • How to get it
  • Regular savings with monthly debit orders of at least R100
  • Earn extra interest for every year you don't miss a debit order
  • Transfer your savings and interest earned at the end of your savings period to any other account
  • Interest rate is based on your account balance and investment period
  • Interest is calculated daily and paid out monthly
  • Check your account balance in-branch
  • Capital is guaranteed
  • Once a year, you may redeem 10% of your Capital amount without incurring a fee

ContractSave terms and conditions
General terms and conditions

  • No monthly fees
  • Cash deposit fees apply
  • Early withdrawal fees apply

See 2025 pricing guide

 

ContractSave accounts must be opened in-branch.

Bring the following documents with you to activate your savings account:  

  • ID copy (or passport if not a South African citizen)*
  • Proof of residence not older than 3 months
     

*If you're a minor, you'll need the consent of your parent or guardian

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.

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