South Africans are big on family, giving back and working together as a unit. Whether it’s sending money home, sharing savings and starting grocery clubs, we do it together.
The MyWORLD account helps us to do just that.The first of its kind in South Africa, MyWORLD allows multiple users to bank in a shared banking environment and take better control of their finances.
African Bank is all about advancing lives through the MyWORLD offering, with perks you’ll actually benefit from.
WHY YOU’LL LOVE IT
- You save 30% on bank charges – African Bank provides the cheapest rates on the block!
- You’ll get unlimited access to your credit score and a detailed report so that you’ll always be in the know and able to monitor your credit status.
- You can save time by opening a MyWORLD account online and doing all your banking online as well.
- You’ll earn 5.5% (NACM)* interest per month while enjoying SA’s lowest banking fees**
- You can teach your child responsibility by giving them a taste of working with savings and spending money – it’s better than a piggy bank and they’ll come to realise that “money doesn’t grow on trees”.
- The MyWORLD account gives you, friends and loved ones a unique way to achieve your shared financial goals. You can add Pocket Users and Members, allowing you to save and manage an account, together.
- *NACM: Nominal Annual Compounded Monthly. **African Bank’s fee comparison is based on the methodology used in Solidarity’s 2018 banking charges report. The Report comparison was carried out on a medium-user profile of 17 transactions, which includes POS withdrawals, limited ATM withdrawals, prepaid purchases, internet payments (EFTs) and debit orders.