South Africa's no-monthly-fee bank accounts compared

Hanno Labuschagne

Journalist
Staff member
Joined
Sep 2, 2019
Messages
2,255
South Africa's no-monthly-fee bank accounts compared

Spot Money recently launched its new open banking platform in South Africa, offering a digital bank account with no monthly fees.

This account is managed purely through the Spot Money mobile application, which allows users to sign up simply by scanning their ID and taking a selfie.

Their debit card is then delivered to their door and they automatically receive two digital bank accounts – one for standard transactions and another for cashback rewards.
 

cr@zydude

Executive Member
Joined
Jul 20, 2008
Messages
9,033
South Africa's no-monthly-fee bank accounts compared

Spot Money recently launched its new open banking platform in South Africa, offering a digital bank account with no monthly fees.

This account is managed purely through the Spot Money mobile application, which allows users to sign up simply by scanning their ID and taking a selfie.

Their debit card is then delivered to their door and they automatically receive two digital bank accounts – one for standard transactions and another for cashback rewards.

What is a native cash withdrawal on Spot, Bank Zero or Tyme?
 
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