Anybody signed up with Tymebank?

H

HibiscusTunes

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Hackson said:
I have a motorcycle that does some odd UberEats/MR_Delivery work, would making those payments from the go to TymeBank count as salary?
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Arent those just normal efts? Do you get a payslip for those payments?

Maybe best to ask them, else it will just be speculation...
 
kabusi

kabusi

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According to the website it is still free. Not sure what the conditions are though.
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J

Jonny_9

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Oct 19, 2017
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Hi! This has surely been asked by others before...

Allow me to ask it again:
Once one has reached the R100k goalsave ceiling- are there any tricks of what to do?

Must we just let remainder sit in Everyday account earning no interest?
 
Swa

Swa

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Jonny_9 said:
Hi! This has surely been asked by others before...

Allow me to ask it again:
Once one has reached the R100k goalsave ceiling- are there any tricks of what to do?

Must we just let remainder sit in Everyday account earning no interest?
Click to expand...
That's basically it. There was a loophole some people used but there was also some people getting negative interest because of it so better not to try and deposit more.
 
Speedster

Speedster

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Jonny_9 said:
Hi! This has surely been asked by others before...

Allow me to ask it again:
Once one has reached the R100k goalsave ceiling- are there any tricks of what to do?

Must we just let remainder sit in Everyday account earning no interest?
Click to expand...
If you have a spouse or child you could open accounts in their name
 
C

cr@zydude

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Jul 20, 2008
Messages
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Jonny_9 said:
Hi! This has surely been asked by others before...

Allow me to ask it again:
Once one has reached the R100k goalsave ceiling- are there any tricks of what to do?

Must we just let remainder sit in Everyday account earning no interest?
Click to expand...

There isn't anything else to do. The R100k limit applies to deposits, not interest earned, so you will earn more interest on the interest paid into your goal saves.
 
W

warwickw

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Feb 8, 2008
Messages
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Is anyone else missing interest for the 1st June 2019 on their goalsave account ? My statement jumps from 1st May to 1st July and the amount difference between the 2 is only 1 months interest.

Have logged it with them 2 months ago but still waiting for a resolution.
 
TheChamp

TheChamp

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Feb 26, 2011
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Jonny_9 said:
Hi! This has surely been asked by others before...

Allow me to ask it again:
Once one has reached the R100k goalsave ceiling- are there any tricks of what to do?

Must we just let remainder sit in Everyday account earning no interest?
Click to expand...
Once you have reached the R100k limit you take the rest of the money and put it in another high interest, immediate access account with another bank, which is of course African Bank, and no, it's not going to collapse and you lose all your money.
 
A

Antelope

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Oct 18, 2016
Messages
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TymeBank's pandemic boom

After scuttling plans for a credit facility when Covid-19 struck, the bank has now opted to create an interest-free advance facility that would be launched in 2021
www.businesslive.co.za www.businesslive.co.za

Anyone with a fee article on this?
Or we need to pay to get exclusive Tyme news
 
backstreetboy

backstreetboy

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F

Fleming

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Oct 16, 2014
Messages
122
Anyone know if you can get a second card linked to the same account? I cant find anything on the website.

I am looking for a basic account that my wife and I can use for our monthly grocery budget. Tymebank seems ideal due to the link with smart shopper points but we each need a card.
 
zerocool2009

zerocool2009

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Sep 4, 2009
Messages
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Fleming said:
Anyone know if you can get a second card linked to the same account? I cant find anything on the website.

I am looking for a basic account that my wife and I can use for our monthly grocery budget. Tymebank seems ideal due to the link with smart shopper points but we each need a card.
Click to expand...

I tried to look ... cant find anything at all. :(
 
backstreetboy

backstreetboy

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