Summary
According to JustMoney, the Absa Money Builder is a savings account with limited transactional ability, charging no monthly fee and paying credit interest — quoted at 10.40% at the time of publication. Account holders can make withdrawals and deposits and check their balance, but the account does not support the full range of transactions available on a standard transaction account.
ABSA Money Builder
10.40% credit interest
No monthly fee
Offers transactional ability
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Why we like this...
It's a bank account like a savings account. The Money Builder pays credit interest and you have access to your money. The transactional ability is limited to withdrawals, deposits and balance enquiries.