PureSave Account
Looking for a two-in-one savings account? You can use PureSave to transact today, while saving money and earning interest for tomorrow.
R
0
Opening deposit
Anytime
Access to Funds
5.05%
Earn interest up to
Zero
Monthly admin fee
PureSave interest rates
See how much interest you can earn depending on your account balance.
PureSave
PureSave rates effective from 31 January 2025.
Nominal interest rate over 12 months.
Please select the category you would like to view the interest rates for:
Balances between R 0 - R 999
| Nominal interest rates |
|---|
| 4.75 % |
Balances between R 1 000 - R 9 999
| Nominal interest rates |
|---|
| 4.75 % |
Balances between R 10 000 - R 19 999
| Nominal interest rates |
|---|
| 4.75 % |
Balances between R 20 000 - R 99 999
| Nominal interest rates |
|---|
| 4.95 % |
Balances R 100 000 and above
| Nominal interest rates |
|---|
| 5.05 % |
INTEREST RATES ARE QUOTED AS PER ANNUM RATES AND INTEREST IS PAID OUT MONTHLY.
Some of the benefits
Bank and save
Earn interest when you save while using this account for day-to-day transactions
No debit orders
No debit orders or stop orders will be processed on this account - making it easier to manage your finances
No monthly fees
Pay zero monthly management fees and get 3 free ATM cash deposits per month
Convenient
Link your card for easy access on self-service channels and buy pre-paid airtime and electricity
How it works
- There is no minimum opening balance, meaning you can start saving with an amount that works for you
- Access your savings whenever you want, with no penalties
- Get a higher, more competitive interest rate, so the money you put away works harder for you
- Free ATM cash deposits of up to R3 000 per month
- Get a gold debit card that you can use at ATMs and for card purchases
- You can use this account to buy data, airtime, electricity and play Lotto
- You’re able to send and receive Instant Money with this transactional account
Savings and Investments accounts scheduled payments competition
PureSave terms and conditions
General terms and conditions
What it costs
- No monthly management fees
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 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
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
- There is no minimum opening balance, meaning you can start saving with an amount that works for you
- Access your savings whenever you want, with no penalties
- Get a higher, more competitive interest rate, so the money you put away works harder for you
- Free ATM cash deposits of up to R3 000 per month
- Get a gold debit card that you can use at ATMs and for card purchases
- You can use this account to buy data, airtime, electricity and play Lotto
- You’re able to send and receive Instant Money with this transactional account
Savings and Investments accounts scheduled payments competition
PureSave terms and conditions
General terms and conditions
- No monthly management fees
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 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
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
How much money do I need in my PureSave Account to start earning interest?
You can start earning interest in your PureSave Account from as little as R1.
Can I open a PureSave Account for my child?
Yes, you can open a PureSave Account for your child.
Who should get a PureSave Account?
Anyone who wants a bank account, while looking to kickstart their savings journey.
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