Banking

Banking

Managing your money effectively means understanding which tools offer you the best value. At Justmoney, we list all of South Africa’s major bank accounts, whether savings or current, as well as credit cards.

We allow you to compare the best offers across bank accounts – from interest rates to opening balances and other benefits. We realise how important making the correct banking decisions is for your financial health.

How to compare bank accounts

Comparing bank accounts to understand which is best suited for you can be complicated. This is because there is quite a bit to compare. Here are a few ways to get you started:

- Compare the fees and charges: Looking into how much the service fees of the accounts cost and the associated charges is vital. This will determine the monthly and day-to-day charges of the account that you will be expected to pay. Here is where you will be able to tell whether you can afford this offering.

- Compare interest rates: Specifically, when it comes to savings account offerings, it is essential you consider and compare the interest rate being offered. This will determine the cost of the loan and essentially your monthly instalments.

- Compare incentives:
Certain accounts have added benefits that may range from having a personal financial advisor assigned to you, to having airport lounge privileges, and also various discounts from places like cinemas and supermarkets.  

Before you get started

It’s important to understand what you are signing up for. This means understanding your financial needs and your affordability.

Ensuring you build a good relationship with your bank will also count in your favour in the long run when needing to potentially apply for other financial products such as a home loan or a personal loan.

 

 

COMPARE CURRENT ACCOUNTS   COMPARE SAVINGS ACCOUNTS   COMPARE CREDIT CARDS
                               

 

 


Ask our experts

Banking Expert
Do you have any banking related queries? Follow the link below and send a question to our banking expert.
Ask a question
Credit Card Expert
Do you have a credit card related question? Justmoney's credit card expert from Standard Bank can help.
Ask a question

Banking

Current Accounts Compare
Savings Accounts Compare
Credit Cards Compare

Providers

Related Articles

Featured You can’t cash cheques anymore in South Africa – we find out why

In November 2020, the South African Reserve Bank (SARB) announced that cheques would be discontinued from 1 January 2021. But what guided this decision? We have a look at what the pitfalls have been of using cheques, and the consequences of removing them from the payment system.

Read more

How to budget for charity and balance it with your savings

Charity is not a compulsory expense and thus it is usually excluded from budgets. However, if you donate money on the spur of the moment, it could throw your budget off course. We look at how you can budget for goodwill, and how you can give when your income won’t allow you to do as much as you’d like.   

Read more

How safe is it to “tap” your bank card when you make payments?

Everyone is avoiding physical contact nowadays, which means that cards that can be “tapped” – or be used simply by hovering around card machines – have become popular. But how safe is it to tap your card rather than to swipe or insert it into a card machine?

Read more

Tips and tricks to reduce your spending each month

Even when you set yourself a proper budget, it’s easy to get carried away when you’re faced with temptation, such as a fun night out with friends or a wholesome lunch with your family. There are, nonetheless, ways to reduce your spending each month.

Read more