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MoneyMarket Select investment account
Invest in the tomorrow you deserve with a money market account that gives competitive returns and guaranteed growth and have anytime access to your savings.
R
100 000
Opening deposit
Anytime
Access to Funds
7.90%
Earn interest up to
Zero
Monthly admin fee
MoneyMarket Select interest rates
See how much interest you can earn depending on your account balance.
MoneyMarket Select investment account
MoneyMarket Select investment account rates effective 31 January 2025.
Open nowNominal interest rate over 12 months.
Please select the category you would like to view the interest rates for:
Balances between R 0 - R 99 999
| Nominal interest rates |
|---|
| 0.0 % |
Balances between R 100 000 - R 249 999
| Nominal interest rates |
|---|
| 7.55 % |
Balances R 250 000 and above
| Nominal interest rates |
|---|
| 7.9 % |
INTEREST RATES ARE QUOTED AS PER ANNUM RATES AND INTEREST IS PAID OUT MONTHLY.
Some of the benefits
No wait, no fuss
Invest for the short- or long-term and get instant access to your money
Risk-free investment
Your returns and capital are protected from the risk of market fluctuation
Grow your nest egg
Grow your savings with unlimited deposits and transfers
Flexibility
You can transfer the interest earned into any account you choose
How it works
- Maintain a balance of R100 000 or more to earn interest
- Link your bank card for access in-app, online, at ATMs or on your phone
- Interest is calculated daily and paid out monthly
- Capital is guaranteed
- Make unlimited deposits and withdrawals
Savings and Investments accounts scheduled payments competition
MoneyMarket Select terms and conditions
General terms and conditions
What it costs
How to get it
If you’re an existing Standard Bank customer:
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 MoneyMarket Select Investment 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 MoneyMarket Select Investment tile and tap on it
If you don’t bank with us:
Complete our Call Me Back form:
- Click on the 'Open Now' button at the top of the page
- Fill in your details
- Click ‘Submit’ and one of our consultants will be in touch
What you’ll need to apply at a branch:
- Be 16 years or older
- ID copy (or passport if not an SA citizen)*
- Proof of residence not older than 3 months
*If you’re a minor, you’ll need the consent of your parent or guardian
-
How it works
-
What it costs
-
How to get it
- Maintain a balance of R100 000 or more to earn interest
- Link your bank card for access in-app, online, at ATMs or on your phone
- Interest is calculated daily and paid out monthly
- Capital is guaranteed
- Make unlimited deposits and withdrawals
Savings and Investments accounts scheduled payments competition
MoneyMarket Select terms and conditions
General terms and conditions
If you’re an existing Standard Bank customer:
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 MoneyMarket Select Investment 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 MoneyMarket Select Investment tile and tap on it
If you don’t bank with us:
Complete our Call Me Back form:
- Click on the 'Open Now' button at the top of the page
- Fill in your details
- Click ‘Submit’ and one of our consultants will be in touch
What you’ll need to apply at a branch:
- Be 16 years or older
- ID copy (or passport if not an SA citizen)*
- Proof of residence not older than 3 months
*If you’re a minor, you’ll need the consent of your parent or guardian
Frequently asked questions
What is a money market account?
Money market accounts are interest-bearing accounts that usually pay higher interest rates than regular savings accounts.
Is the MoneyMarket Select account a good choice for long-term investments?
If you are a conservative investor, then yes. This account offers stability and competitive returns.
Who should get a MoneyMarket Select account?
If you’re an investor looking for guaranteed returns or portfolio diversification.
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