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
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Great start
Designed specifically for children, 0 - 16 years of age
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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
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Competitive rates
Get great rates on balances up to R20 000
What you get
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Guaranteed Capital
No risk. Your original deposit and quoted returns are 100% guaranteed
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Add money
Add money at time, from anywhere
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It's free
There are no monthly or transactional fees
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Do it online
Open and manage your account online
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Rewards
Add to your eBucks reward level points