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MyFirstSavings

Published at 2016-03-18

Amount Interest (per annum)
R100 - R999 6.50%
R1 000 - R9 999 6.50%
R10 000 - R19 999 6.50%
R20 000 - R24 999 4.00%
R25 000 - R49 999 4.00%
R50 000 - R99 999 4.00%
R100 000 + 4.00%

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MyFirstSavings


Maximum nominal interest rate over 12 months

6.50%

Minimum opening deposit of R100


Teach and encourage your children to save.

Why save?


Because you save for the things that count...


  • For emergencies and unforeseen expenses

    We have a range of savings and investment accounts where you can access your money quickly

  • For specific goals or special events

    We have a range of savings and investment accounts where you can access your money after placing notice

  • For the longer term.

    We have a range of savings and investment accounts where you can access your money after a fixed period

  • Teach your child to save.

    What guidance do you need to choose the right savings and investments solution for you?

  • Tax-free savings.

    Ideal for enjoying the benefits of saving tax free

 

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



Opening made easy


MyFirstSavings

Qualifying criteria

  1. Must be a South African citizen
  2. Must be younger than 16 years of age

Ways to apply

Open now!

Other ways to apply

Complete the call me back form

Contact us

Find a branch

Documents needed

  • Proof of residence (not older than 3 months)
  • South African ID book or ID card