MyFirstSavings
Maximum nominal interest rate over 12 months
4.30%
Minimum opening balance of R100
Encourage your children to save and give them a lesson for life.
Why save?
Because you save for the things that count...
- For emergencies and unforeseen expenses
- For specific goals or special events
- For the longer term.
- Teach your child to save.
- Tax-free savings.
What's hot
Great start
Designed specifically for children, 0 - 16 years of age
Access your money
Withdraw up to 25% of your money with 24 hours' notice each month or get 100% of your money after 5 days' notice
Competitive rates
Get great rates on balances up to R20 000
What you get
Guaranteed Capital
No risk. Your original deposit and quoted returns are 100% guaranteed
Add money
Add money at time, from anywhere
It's free
There are no monthly or transactional fees
Do it online
Open and manage your account online
Rewards
Add to your eBucks reward level points