Banks are working towards becoming more and more convenient and almost everyone has an ‘electronic banking' option available.
There are, however, still some people who are very much in the dark and who are spending tons on their monthly bank fees. Recent research done by Justmoney.co.za proved that there are people spending as much as R200 a month on bank charges!
This is absolutely ridiculously. Have you checked your bank charges lately? You might get a shock if you do.
Fortunately, Sanlam have come up with an innovative new account especially for those under the age of 30.
The Sanlam Liquid Splash account will cost you only R49 per month and, you get a whole bunch of transactions included.
For R49 a month you get 30 free transactions for point-of-Sale, purchases and withdrawal at Point-of-Sale.
You will also get four free ATM withdrawals from ANY ATM with the VISA sign. That's quite a bonus considering drawing from a bank that is not your own can be as much as R15 and sometimes there just isn't a bank you bank with around.
You also get 10 free external account payment and beneficiary payment through internet banking (including Debit Orders) transactions.
You will also earn more interest on your account because your money is pooled with that of other investors and invested in our SIM Money Market Fund, which means you earn better interest than you would on an ordinary bank account.
Sounds like a handy package, right?
There are only 3000 accounts available so if you are looking for affordable, convenient banking the Sanlam Liquid Splash account might be for you.
As you might have guessed, we saved the best for last. If you open a Liquid Splash account with Justmoney.co.za and Sanlam, you could win R2000.