This is an account for students offering a Student Loan facility and an Overdraft facility.
21 November 2018
| Age Requirement | 16 - 23 |
| Minimum Income | > R 3 000 |
| Monthly Fee | R 4.99 |
| Cash Withdrawal Fee - Bank Branch | R 35 + R 1.80 per R 100 |
| Cash Withdrawal Fee - ATM | R 1.80 per R 100 |
| Cash Deposit Fee - ATM | R 1.80 per R 100 |
| Cash Deposit Fee - Bank Branch | R 8 + R 1.80 per R 100 |
| Purchase Fee - Debit Card | Free |
| Payment Fee - Own Bank ATM | |
| Payment Fee - Bank Branch | |
| Transfer Fee - ATM | |
| Transfer Fee - Bank Branch | |
| Internet Banking | |
| Balance Enquiry - Bank Branch | R 7.25 |
| Balance Enquiry - Own Bank ATM | Free display; R 1.50 to print |
| Statement - Bank Branch | R 7.25 |
| Statement - Own Bank ATM | R 1.50 |
| Features | Where 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. |
| Notes | If 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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4th Floor, Mutual Park, Jan Smuts Drive,
Pinelands, Cape Town, 7405
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