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| YOUR RESULTS IN DETAIL |
| Product details:
Sanlam Liquid Savings (rates for 01/09/2009)
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| Provider |
Sanlam
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| Access |
Instant
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| Investment period |
Variable
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| Opening balance |
R 5000
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| Fixed monthly deposit |
0
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| Monthly fee |
Free
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| Cash fee for R1,000 |
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| a) Branch |
R3.50 plus 0.34% of value of withdrawal
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| b) Own bank ATM |
na
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| c) Other bank ATM |
na
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| Maximum Credit Interest Rate |
7.07%
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| Credit Interest Rate Tiers |
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| R 5000 - R 9 999 = 3.65% |
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| R 10 000 - R 19 999 = 4.79% |
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| R 20 000 - R 29 999 = 5.93% |
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| R 30 000 - R 49 000 = 6.50% |
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| R 50 000 + = 7.07% |
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| Interest rate fluctuates as the accounts are linked to a Money Market account. |
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| Internet banking |
Yes
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| Cellphone banking |
No
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| Internet banking fee |
R 3.00
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| Cellphone banking fee |
Na
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| Transaction fees |
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| Cash withdrawal fees |
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| a) Branch counter |
Na
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| b) Own bank ATM |
Na
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| c) Other bank ATM |
Na |
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| d) Point of sale |
Na
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| e) Overseas ATM |
Na
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| Purchase fees |
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| a) Cheque |
Na
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| b) Debit card |
Na
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| c) Debit card overseas |
Na
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| Account Payment fees |
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| a) ATM |
Na
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| b) Branch counter |
Na
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| c) Internet |
R 3.00
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| d) Cellphone |
Na
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| e) Phone advisor assisted |
Na
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| Debit orders |
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| a) Internal debit order |
Free
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| b) External debit order |
R 4.50
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| Transfer fees |
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| a) Funds transfer ATM |
Na
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| b) Funds transfer branch counter |
Na
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| c) Funds transfer internet |
Na
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| d) Funds transfer cellphone |
Na
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| e) Funds transfer phone advisor assisted |
First one is free, thereafter R15
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| Cash deposit fees |
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| a) Branch counter |
First one is free, thereafter R15 |
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| b) ATM |
R 3.50plus 0.34% of value of deposit
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| Cheque deposit fees |
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| a) Branch counter |
Na |
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| b) ATM |
R 3.50
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| Internet and cellphone banking fees |
| Top up fees |
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| a) Phone |
Na |
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| b) Internet |
Na
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| c) ATM |
Na
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| Administrative fees and charges |
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| Balance enquiry |
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| a) Branch counter |
Na
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| b) Own bank ATM |
Na
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| c) Other bank ATM |
Na
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| d) Point of sale |
Na
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| e) Internet |
Free
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| f) Cellphone |
Na
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| Statement |
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| a) Branch counter |
R 7.50 ( from call centre)
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| b) Own bank ATM |
Na
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| c) Internet |
Na
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| Other fees |
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| Bank cheque |
Na
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| Stop payment |
R 4.50
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| Benefits |
Your service fee decreases the more money you save. With a 3% saving on the normal 3.5% service fees on balances over R 50 000, you only a pay 0.5% service fee.
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| Notes |
The Liquid Savings account can only be accessed via a Liquid Debit account.
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