Bank Zero launches - no more waiting list

[Jan]

Bank Zero opens fully and unveils 2022 pricing

Bank Zero is now fully open for business, and the Bank Zero App is freely available in the App Store and in the Google Play Store.

 

[mikewazar]

I don't see it in the app store

 

[wingnut771]

Now what are the interest rates?

 

[NarrowBandFtw]

launched fully yet I've been on their early bird waiting list all this time and still haven't gotten any notification

off to a great start there, guessing the "Zero" is an indication of how many actual customers they have

 

[NarrowBandFtw]

Now what are the interest rates?

Fees:

https://www.bankzero.co.za/wp-content/uploads/2021/10/Bank-Zero-pricing-guide-2022-1.pdf

Rates:

https://www.bankzero.co.za/wp-content/uploads/2021/08/Bank-Zero-Interest-Rates-Aug-21.pdf

 

[Antelope]

launched fully yet I've been on their early bird waiting list all this time and still haven't gotten any notification

off to a great start there, guessing the "Zero" is an indication of how many actual customers they have

Check your spam for the invitation email

 

[NarrowBandFtw]

Check your spam for the invitation email

nothing there at the moment, but I must confess I clear out my spam folder quite often and give it a cursory glance at best

it could have been there among the hundreds of viagra ads and Russian prossies begging for my attention ¯\_(ツ)_/¯

 

[backstreetboy]

No thanks. Happy with Tyme Bank. Bank Zero brings nothing fundamentally new to the table.

 

[susefan]

If had cash that I wanted to deposit to a Zero bank account how would I do it?

 

[cozinsky]

I don't see it in the app store

Yip, I can't find it there either (for iOS devices). Not that I am interested in signing up for them. They took way too long to launch and I have used alternatives.

 

[supersunbird]

FNB Easy account for tap&go daily life, Capitec to get my salary in and handle my debit orders, TymeBank for savings.

Can't use Zero to replace Capitec account, as it's app only and I want Internet Banking on my desktop browser for that. The FNB account only costs me like R5pm in total, R5 vs R0? That's like 25 chappies at best. Interest rate is way lower than Tyme, so not best place to save.

 

[Magandroid]

Does Bank Zero offer a credit card facility?

 

[_TrXtR_]

If had cash that I wanted to deposit to a Zero bank account how would I do it?

probably pick and pay or similar till

 

[mpdjhb]

R50 to reset your PIN? How much more can you get people NOT to take security seriously?

 

[wingnut771]

FNB Easy account for tap&go daily life, Capitec to get my salary in and handle my debit orders, TymeBank for savings.

Can't use Zero to replace Capitec account, as it's app only and I want Internet Banking on my desktop browser for that. The FNB account only costs me like R5pm in total, R5 vs R0? That's like 25 chappies at best. Interest rate is way lower than Tyme, so not best place to save.

Interest rates?

 

[B-1]

R50 to reset your PIN? How much more can you get people NOT to take security seriously?

Thats quite an odd one.

 

[backstreetboy]

Interest rates?

www.tymebank.co.za

 

[Gudnews]

This was a first mover situation and I believe they've lost out to Tymebank.

 

[wingnut771]

www.tymebank.co.za

I would rather have 6% of R100 000 instead of 6% of 10 x 10 000.

What if I have R300 000?

 

[backstreetboy]

I would rather have 6% of R100 000 instead of 6% of 10 x 10 000.

Why? Would be the same difference? Just the added admin of creating and topping up 9 more goalsaves.

What if I have R300 000?

Majority of people don't need more than R100k in liquid savings. For the other R200k you'll use better investment vehicles.