Entry-level bank account comparison - August 2022

[Jan]

South Africa's entry-level bank accounts compared

Several bank accounts in South Africa come with a very low monthly fee and affordable pay-as-you-use costs for those with minimal banking needs.

MyBroadband recently compared South African bank accounts with no monthly fee but found that many of these options had exorbitant per-transaction costs.

 

[Swa]

Include Bidvest here which is not one of the more common well known banks but exclude African Bank.

 

[backstreetboy]

Tyme bank will be the cheapest probably if they were included and I have an account there. I'm still happy with Capitec bank though.

 

[SeaSickMama]

the fact that you get charged for an email is just messed up

 

[SubtleBeast]

External debit orders for Capitec is R3.50 not R1.50 as stated.