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Standard Bank Student Achiever Account

This is an account for students offering a Student Loan facility and an Overdraft facility.

21 November 2018

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Age Requirement16 - 23
Minimum Income> R 3 000
Monthly FeeR 4.99
Cash Withdrawal Fee - Bank BranchR 35 + R 1.80 per R 100
Cash Withdrawal Fee - ATMR 1.80 per R 100
Cash Deposit Fee - ATMR 1.80 per R 100
Cash Deposit Fee - Bank BranchR 8 + R 1.80 per R 100
Purchase Fee - Debit CardFree
Payment Fee - Own Bank ATM
Payment Fee - Bank Branch
Transfer Fee - ATM
Transfer Fee - Bank Branch
Internet Banking
Balance Enquiry - Bank BranchR 7.25
Balance Enquiry - Own Bank ATMFree display; R 1.50 to print
Statement - Bank BranchR 7.25
Statement - Own Bank ATMR 1.50
FeaturesWhere 8 electronic transactions are exceeded (9 or more electronic transactions) a monthly service fee of R25,00 will be charged. Customers over 23 years will be charged R69,00. Where more than 8 electronic transactions are performed, the R25,00 fee will be charged in addition to the R69,00.
NotesIf you withdraw R200,00 at a retail store, it will cost you R1,80, at a Standard Bank ATM, it will cost you R3,60 (R1,80 x 2), but if you withdraw R200,00 at a Standard Bank branch, it will cost you R38,60 (R35,00 fixed fee + (R1,80 x 2).
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