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
5.30%
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 22 November 2024.
Nominal interest rate over 12 months.
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.
Learn more about growing your money
Investing
The difference between savings and investments
You need to save and invest to provide for the life of your dreams. Saving and investing has different purposes but both are important to ensure you reach your short, medium and long-term financial goals.
Investing
Best investment tips for beginners
Investing offers an incredible opportunity to grow your wealth over time, but for beginners, it can appear daunting with all the financial terms and strategies. The question is, how do you begin, and where do you go from there?
Investing
5 Basic tips to start investing
Investing consistently and avoiding financial risks are some of the key factors to bear in mind if you want to be on the right path to investing in your future. Follow our basic tips if you’re an investment beginner.
Banking & Digital Solutions
6 Steps for online share trading
Thanks to online share trading, anyone with a computer can invest in the stock market. Follow our step-by-step guide on how you can trade online and build your investment portfolio.
Investing
4 Tips for investing offshore
Offshore investments can be rewarding. If you’re considering moving your money overseas, it’s important to keep certain insights and tips in mind.
Investing
An introduction to unit trust investments
Unit Trust investments can provide you with a simple way to start saving for your future. But before you invest, consider both the pros and cons.
Investing
Investing offshore - Frequently asked questions
While there’s no guarantee that investing offshore will outperform local bets – investing out of the country is considered a key element when it comes to a balanced financial portfolio.
Investing
Investment online stock trading for beginners
Investing in the stock market can grow your wealth, and trading on the stock exchange has become simpler. Our guide to online stock trading will give beginners a helpful starting point.
Investing
Retail notes: An easy investment alternative
Simple to understand and inexpensive to buy, retail deposit notes are an option for income-seeking investors.
Register now to benefit from paying with your Credit, Cheque or Debit card.
We also offer
Day-to-day banking
Apply online for a bank account that offers great value and benefits designed to simplify your life.
Get it on credit
Switch to Standard Bank to get the best interest rates and benefits that our range of credit cards offer.
Need help?