Savings & Investments - 2023 Pricing
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2023
Pricing
Savings &
Investments
Everything you need to know about
our 2023 pricing.
Turn your ‘one day’ into now
With a solid plan and growing savings or investments, there’s no aspiration too big to turn into reality. Let our comprehensive range of Savings and Investment solutions enable you to take a step closer
to your medium- to long-term goals. Offering you competitive rates, flexible terms and your capital guaranteed, we’re certain to have a solution to suit your needs.
To ensure you get the maximum value for your money, we’re keeping the changes to your savings and investment solutions to a minimum in 2023. This means you can continue
growing your money and securing your future
For your Tax-free savings, stick to Keep your balances within
Avoid charges and
your R36 000 annual limit and required minimum balances
use digital platforms
avoid tax penalties to earn interest
Payments and transfers can be Take advantage of the different Set up scheduled payments
done online for savings accounts notice periods (as little as 7 days) to on our banking app to avoid
(MarketLink, PureSave, PlusPlan) avoid early withdrawal fees branch fees
Standard Bank 2023 Pricing: Savings and Investments
Navigate Click below to find the information you need, fast
Withdrawals 1 Card purchases 1 InstantMoneyTM 2 Notifications 2 Unsuccessful/ Disputed transaction fees 3
PureSave Deposits 1 Payments 2 Prepaids 2 Statement 3 Other fees 3
Tax-Free Call Withdrawals 4 Deposits 4 Payments 4 Statement 4
Notice & Fixed 5 Deposits 6 Early Redemption 6 Standard Trust Limited 6
Notice & Fixed Products
Products
Society Monthly fees 7 Withdrawals 8 Deposits 8 Payments 8 Statements & Other 8
Scheme
PlusPlan Benefits 9 Deposits 10 Card purchases 11 Statement 12 Unsuccessful/ Disputed transaction fees 13
PlusPlan & Monthly fees 10 InstantMoney TM
10 Prepaids 11 Notifications 12 Other fees 13
MarketLink Withdrawals 10 Payments 11
AccessSave Withdrawals 14 Deposits 14 Payments 14 Statement 14 Other 14
Call Products Deposits 15 Payments 15 Statements 15 Other 15
Shari’ah Shari’ah Fixed 16 Shari’ah Call 16
UCount Redeem your UCount Rewards Points 17
Rewards
Contact us All the numbers you’ll need to get in contact with us 18Standard Bank 2023 Pricing: Savings and Investments
PureSave fees
Get anytime access to your funds when you need it.
PureSave
WITHDRAWALS ATM BRANCH
Tax-Free Call
Standard Bank R8 per R1 000 or part thereof up to R3 000 per month thereafter R2.20 R80 + R2.50 per R100 or part thereof
per R100 or part thereof
Notice & Fixed Other bank R10 per R1 000 or part thereof up to R3 000 per month thereafter R2.20 -
Products per R100 or part thereof
International R3 per R100 or part thereof (min R70) + International transaction fee of -
2.75%
Society Coin withdrawal - R80 + R10 per R100 or part thereof
Scheme
Notes and coin withdrawal - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part
thereof
PlusPlan &
MarketLink DEPOSITS ATM BRANCH
Notes 3 free thereafter R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
AccessSave Coin deposit - R80 + R10 per R100 or part thereof
Notes and coin deposit - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part there-
of
Call Products
Shari’ah CARD PURCHASES POINT OF SALE
Purchases R1.20
Purchase with cashback R1.40
UCount
Rewards Cashback only R1.40
International R1.20 + 2.75% of value
Contact us POS decline R5.50
1Standard Bank 2023 Pricing: Savings and Investments
PureSave fees
PureSave
PAYMENTS ONLINE ATM BRANCH
Account payments R1.25 R1.25 R80
Tax-Free Call
Immediate payments below R2 000 R10 - 0.3% of value. Min R326 to a max of R1 627
Immediate payments above R2 000 R50 - 0.3% of value. Min R326 to a max of R1 627
Notice & Fixed
Inter-account transfers Free Free R80
Products
Society INSTANT MONEY ONLINE ATM
Scheme Wallet R7 R7
Up to R500 R9 R9
PlusPlan &
R501 to R1 000 R11.50 R11.50
MarketLink
Above R1 000 R13.50 R13.50
AccessSave
PREPAIDS ONLINE ATM
Airtime R0.50 R0.50
Call Products
Electricity R1.50 -
Lotto R2.70 R2.70
Shari’ah
NOTIFICATIONS
UCount
Rewards MyUpdates* Free
Email payment notification #
R1.10
Contact us SMS payment notification requested for payment R1.35
*Free for 1 cellphone number or email address. R11 monthly for additional cellphone numbers/email addresses. SMS Notification for transaction below R100 will be charged R1.10 per month.
#
Payment notifications sent through the Branch is charged at R20.
2Standard Bank 2023 Pricing: Savings and Investments
PureSave fees
PureSave
STATEMENT FEES ONLINE ATM BRANCH
Balance enquiry Free View Free | Print R1.80 R15
Tax-Free Call
Balance enquiry other bank - R10 -
Monthly statements: charged per 30 day period Free R7 R45
Notice & Fixed
Posted statement - - R45
Products
Monthly estatements R10 - -
Weekly estatements R30 - -
Society
Scheme Daily estatements R50 - -
PlusPlan &
MarketLink UNSUCCESSFUL/DISPUTED
ONLINE ATM BRANCH
TRANSACTION FEES
Standard Bank ATM decline - Free -
AccessSave
Other bank ATM decline - R8 -
Future dated R65 - -
Call Products
Shari’ah OTHER FEES ONLINE ATM BRANCH
Pin reset - Free R11
UCount Card replacement - - R145
Rewards Proof of banking Free 1 Free thereafter R5 1 Free thereafter R20
Subsidy letter - - R22
Contact us
3Standard Bank 2023 Pricing: Savings and Investments
Tax-Free Call fees
PureSave Make contributions of up to R36 000 per year and R500 000 in your lifetime and enjoy immediate access to your tax-free funds when you need them.
The Tax-Free Call account gives you limited transactional capability, so it’s important to understand how this account’s fees are charged.
Tax-Free Call
WITHDRAWALS BRANCH
Notice & Fixed Cash R80 + R2.50 per R100 or part thereof
Products
DEPOSITS ATM BRANCH
Society
Scheme Cash R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
PlusPlan &
MarketLink PAYMENTS ONLINE ATM BRANCH
Inter-account transfers Free Free R80
Account payment - - R80
AccessSave
Tax free transfers - - R80
Call Products
STATEMENT FEES ONLINE ATM BRANCH
Shari’ah Balance enquiry Free View Free | Print R1.80 R15
Balance enquiry other bank - R10 -
UCount Monthly statements: charged per 30 day period Free R7 R45
Rewards Posted statement - - R45
Contact us
4Standard Bank 2023 Pricing: Savings and Investments
Notice and Fixed Products
PureSave
Tax-Free Call
Fixed deposit: Interest-earning deposit accounts, ContractSave: A term-based savings account that
where a lump sum of money is invested for a fixed period helps a customer reach savings goals by putting aside a
Notice & Fixed of time. Time periods are from 1 to 60 months at a fixed fixed amount every month over a period between 1 to 20
Products
interest rate. years.
Society
Scheme
PlusPlan & Flexi-advantage: A fixed term investment, where
MarketLink Notice deposit: An interest-bearing investment
fixed interest rates are earned. However, the customer
account that allows a customer to access funds 7 – 60
has the flexibility to access up to 40% of the funds
days after placing notice to receive funds
AccessSave invested anytime.
Call Products
Shari’ah
UCount
Rewards
Contact us
5Standard Bank 2023 Pricing: Savings and Investments
Notice fees
PureSave
DEPOSITS ATM BRANCH
Tax-Free Call
Cash R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
Coin deposit - R80 + R10 per R100 or part thereof
Notice & Fixed
Products
EARLY REDEMPTION CHARGE ACCESS PERIOD
Society AccessSave R65 7 days
Scheme
Notice Deposit Minimum R130* 7 to 60 days
Fixed Deposit Minimum R500* 1 to 60 months
PlusPlan &
MarketLink Flexi Advantage Minimum R500* 40% immediate access - 3, 6, 9 or 12 months
ContractSave R240 1 to 20 years
Tax-free Deposit Minimum R470* 3, 6, 9, 12 or 24 months
AccessSave
*Early redemption charge calculated as follows: (2% of the value being withdrawn) x (Days to maturity/365)
Call Products
STANDARD TRUST LIMITED
Shari’ah Will drafting fee (new and review, where STL is the nominated executor) Free
Will drafting fee (new and review, where STL not is the nominated executor) R2 250
UCount
Rewards Estate planning consultation (where there is no preparation of a Will or Trust) R2 000 per hour
Will safe custody annual fee (where STL is the nominated executor) R150
Contact us
6Standard Bank 2023 Pricing: Savings and Investments
Society Scheme
PureSave A savings account specially designed for people who wish to save together towards a collective goal or who already belong to the following:
Tax-Free Call
- Stokvels - Travellers clubs and grocery clubs
Notice & Fixed
Products - Burial societies, savings or investment clubs - School fee clubs and music and jazz clubs or any other type of group savings
Society
Scheme
Society Scheme is accessible to people of 18 years and older and is available to Foreign Nationals.
PlusPlan &
MarketLink Benefits of the society scheme include:
AccessSave Opening account deposit of 5 FREE deposits at ATM’s and 2 No monthly management fee for
R100 FREE deposits at branch balances greater than R10 000
Call Products
Shari’ah
UCount Society Scheme fees
Rewards
MONTHLY FEES
Contact us Society Scheme monthly fee R17 (If min R10 000 kept – no monthly fee charged)
7Standard Bank 2023 Pricing: Savings and Investments
Society Scheme fees
PureSave
WITHDRAWALS BRANCH
Tax-Free Call Cash R26 per R1 000 or part thereof. (min R70)
Coin withdrawal R80 + R10 per R100 or part thereof
Notice & Fixed
Products DEPOSITS ATM BRANCH
Cash 5 Free thereafter R7 2 Free thereafter R18 per R1 000 or part thereof. (min R70)
Society Coin deposit - R80 + R10 per R100 or part thereof
Scheme
PAYMENTS BRANCH
PlusPlan &
Account payments R25
MarketLink
Immediate payments 0.3% of value. Min R326 to a max of R1 627
Debit orders -
AccessSave
Stop order -
Stop order- amend, establish, cancel R25
Call Products
Inter-account transfers R5.50
Shari’ah STATEMENT FEES BRANCH
Balance enquiry R15
UCount Monthly statements: charged per 30 day period R45
Rewards
Posted statement R45
Contact us OTHER FEES BRANCH
Proof of banking 1 Free thereafter R20
8Standard Bank 2023 Pricing: Savings and Investments
PlusPlan Benefits
PureSave
Keep an average balance of R10 000 or more in your PlusPlan account for the entire month to qualify for these benefits:
Tax-Free Call
- you do not pay the monthly management fee.
Notice & Fixed - you qualify for 1 Free branch cash withdrawal and 4 free debit transactions per month.
Products
- Consolidator PlusPlan accounts qualify for 1 free branch cash withdrawal and 9 debit transactions per month.
Society
Scheme
PlusPlan &
MarketLink Stop orders from your Standard Bank transactional account into your savings and investment accounts are free.
AccessSave
Call Products
Debit transactions include:
Shari’ah - cash withdrawal, inter-account transfer, electronic account payment, stop order and debit order.
- electronic inter-account transfers from Standard Bank transaction accounts into PureSave and MarketLink accounts are free.
UCount
Rewards
Contact us
9Standard Bank 2023 Pricing: Savings and Investments
PlusPlan and MarketLink fees
PureSave
MONTHLY FEES
PlusPlan monthly fee R25 (If min R10 000 kept - no monthly fee charged)
Tax-Free Call
Notice & Fixed WITHDRAWALS ATM BRANCH
Products Standard Bank R25 per R1 000 or part thereof R80 + R2.50 per R100 or part thereof
Other bank R25 per R1 000 or part thereof -
Society International R3 per R100 or part thereof (min R70) + International transaction fee of -
Scheme 2.75%
Coin withdrawal - R80 + R10 per R100 or part thereof
PlusPlan & Notes and coin withdrawal - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part
MarketLink thereof
AccessSave DEPOSITS ATM BRANCH
Notes 2 free thereafter R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
Call Products Coin deposit - R80 + R10 per R100 or part thereof
Notes and coin deposit - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part there-
of
Shari’ah
INSTANT MONEY ONLINE ATM
UCount
Wallet R7 R7
Rewards
Up to R500 R9 R9
R501 to R1 000 R11.50 R11.50
Contact us
Above R1 000 R13.50 R13.50
10Standard Bank 2023 Pricing: Savings and Investments
PlusPlan and MarketLink fees
PureSave
PAYMENTS ONLINE ATM BRANCH
Inter-account transfers (transfers to other R5.50 R5.50 R80
Tax-Free Call transactional accounts is charged at R4)
Account payments R1.25 R1.25 R80
Notice & Fixed Immediate payments below R2 000 R10 - 0.3% of value. Min R326 Max R1 627
Products
Immediate payments R2 000 and above R50 - 0.3% of value. Min R326 Max R1 627
Debit orders R5.50 - -
Society
Stop order (Scheduled payments) R5.50 - -
Scheme
Stop order - amend, establish, cancel Free - R25
PlusPlan &
MarketLink
CARD PURCHASES POINT OF SALE
Purchases R1.20
AccessSave
Purchase with cashback R1.40
Cashback only R1.40
Call Products International purchases R1.20 + 2.75% of value
Shari’ah
PREPAIDS ONLINE ATM
Airtime R0.50 R0.50
UCount
Rewards Electricity R1.50 -
Lotto R2.70 R2.70
Contact us Voucher purchase R2.50 -
11Standard Bank 2023 Pricing: Savings and Investments
PlusPlan and MarketLink fees
PureSave
STATEMENT FEES ONLINE ATM BRANCH
Tax-Free Call Balance enquiry Free View Free | Print R1.80 R15
Balance enquiry other bank - R10 -
Notice & Fixed Monthly statements: charged per 30 day period Free R7 R45
Products Posted statement - - R45
Monthly estatements R10 - -
Society Weekly estatements R30 - -
Scheme
Daily estatements R50 - -
PlusPlan &
MarketLink
NOTIFICATIONS
MyUpdates* Free
AccessSave
Email payment notification# R1.10
SMS payment notification requested for payment R1.35
Call Products *Free for 1 cellphone number or email address. R11 monthly for additional cellphone numbers/email addresses. SMS Notification for transaction below R100 will be charged R1.10 per month.
#
Payment notifications sent through the Branch is charged at R20.
Shari’ah
UCount
Rewards
Contact us
12Standard Bank 2023 Pricing: Savings and Investments
PlusPlan and MarketLink fees
PureSave
UNSUCCESSFUL/DISPUTED
ONLINE ATM BRANCH
TRANSACTION FEES
Tax-Free Call
Standard Bank ATM decline - Free -
Other bank ATM decline - R8 -
Notice & Fixed
Stop payments R2 - R75
Products
POS decline R8.50 - -
Unpaids R62 - -
Society
Scheme Future dated R65 - -
Disputed debit orders under 40 days R5 - R45
PlusPlan & Disputed debit orders above 40 days - - R135
MarketLink
AccessSave OTHER FEES ONLINE ATM BRANCH
Pin reset - Free R11
Call Products Card replacement - - R145
Proof of banking Free 1 Free thereafter R5 1 Free thereafter R20
Shari’ah Subsidy letter - - R22
UCount
Rewards
Contact us
13Standard Bank 2023 Pricing: Savings and Investments
AccessSave fees
A 7-day notice savings account
PureSave WITHDRAWALS ATM BRANCH
Standard Bank R25 per R1 000 or part thereof R80 + R2.50 per R100 or part thereof
Tax-Free Call Other bank R25 per R1 000 or part thereof -
International R3 per R100 or part thereof (min R70) + International transaction fee of -
2.75%
Notice & Fixed
Coin withdrawal - R80 + R10 per R100 or part thereof
Products
Notes and coin withdrawal - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part thereof
Society DEPOSITS ATM BRANCH
Scheme Notes R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
Coin deposit - R80 + R10 per R100 or part thereof
PlusPlan & Notes and coin deposit - R80 + R2.50 per R100 (for notes) + R10 per R100 (for coins) or part thereof
MarketLink
PAYMENTS ONLINE ATM BRANCH
AccessSave Inter-account transfers R5.50 R5.50 R80
STATEMENT FEES ONLINE ATM BRANCH
Call Products Balance enquiry Free View Free | Print R1.80 R15
Balance enquiry other bank - R10 -
Shari’ah Monthly statements: charged per 30 day period Free R7 R45
Posted statement - - R45
UCount
OTHER FEES ONLINE ATM BRANCH
Rewards
Pin reset - Free R11
Card replacement - - R65
Contact us
Proof of banking Free R5 1 Free thereafter R20
Subsidy letter - - R22
14Standard Bank 2023 Pricing: Savings and Investments
Call Products pricing
PureSave Investment accounts that earn interest and the funds deposited are available on demand (immediate access).
These include:
Tax-Free Call
Notice & Fixed MoneyMarket Select MoneyMarket Call Call Deposits
Products
Society
Scheme
DEPOSITS ATM BRANCH
PlusPlan & Cash R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
MarketLink
AccessSave TRANSFERS ONLINE ATM BRANCH
Inter-account transfers Free Free R80
Call Products
Shari’ah
UCount
Rewards
Contact us
15Standard Bank 2023 Pricing: Savings and Investments
Shari’ah Fixed Deposit
PureSave
A Shari’ah-compliant term investment product, where a lump sum of money is invested for a fixed period of time. Investment periods
Tax-Free Call are from 1 to 60 months.
Notice & Fixed
Products
EARLY REDEMPTION CHARGE ACCESS PERIOD
Society
Shari’ah Fixed Deposit Minimum R500* 1 to 60 months
Scheme
*Early redemption charge calculated as follows: (2% of the value being withdrawn) x (Days to maturity/365)
PlusPlan &
MarketLink
AccessSave Shari’ah Call pricing
An investment account that earns profit and the funds are available on demand.
Call Products
DEPOSITS ATM BRANCH
Shari’ah
Cash R1.20 per R100 or part thereof R80 + R2.50 per R100 or part thereof
UCount
Rewards TRANSFERS ONLINE ATM BRANCH
Inter-account transfers Free Free R80
Contact us
16Standard Bank 2023 Pricing: Savings and Investments
UCount Rewards Programme
PureSave
Tax-Free Call
As a UCount Rewards member, you can redeem your Rewards Points into your PureSave Account or
Notice & Fixed Notice Deposit account on the UCount Rewards Online Redemption Portal or the UCount Rewards in-App
Products platform on the Standard Bank Banking App.
Further you get Tiering Points based on the type of Savings and Investment product you have and the balance
Society you hold in that product – the higher the tiering points you have, the higher your tier and the more
Scheme Rewards Points you earn.
PlusPlan &
MarketLink
AccessSave
Call Products
Shari’ah
UCount
Rewards
Contact us
17Standard Bank 2023 Pricing: Savings and Investments
Contact us
PureSave
General customer enquiries
Tax-Free Call South Africa: 0860 123 000 Internet Banking: www.standardbank.co.za
International: +27 10 249 0423 Cellphone Banking: *120*2345#
Notice & Fixed Visit your nearest branch Dedicated Email: information@standardbank.co.za
Products
Society UCount Rewards
Scheme
Call: 0860 UCOUNT (82 68 68) Email: enquiries@UCount.co.za
PlusPlan &
MarketLink
Lost or stolen cards Fraud
AccessSave South Africa: 0800 020 600 South Africa: 0800 020 600
International: +27 10 249 0100 International: +27 10 249 0100
Call Products
Shari’ah Standard Bank supports the Ombudsman for Banking
Standard Bank will never ask you for personal information over the phone or send you links that take
Services Sharecall number 0860 800 900
you to a site where you are required to capture your Internet Banking details. Stay safe & stay alert.
UCount
Rewards Fees effective from the 1 January 2023 (Including VAT).
Disclaimer
Contact us Our products and services, and the terms under which they are offered, may change. We will inform you within a reasonable time of these changes. It is in your interest to read your contract carefully. If you have any questions or need more
information, please contact your branch. Standard Bank subscribes to the Code of Banking Practice. Please ask your branch for details.
**Ts&Cs apply.
Authorised financial services and registered credit provider (NCRCP15). The Standard Bank of South Africa (Registration Number 1962/000738/06) is an authorised financial services and credit provider (NCR CP15).
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