Standard Bank Student Achiever Account

The Standard Bank Student Achiever Account is designed to help students manage their finances while enjoying exclusive perks and affordable banking.

Tip: Building good savings habits early can set you up for long-term financial success.

What you get for R12 per month

For only R12 per month, you’ll get:

Free ATM cash withdrawals up to R1,000 per month at a Standard Bank ATM.
Free ATM cash deposits up to R1,500 per month at a Standard Bank ATM.
10 free electronic debit transactions per month.
Unlimited free swipes at retail stores.
Unlimited free balance enquiries and mini statements.
Free access to internet banking, cellphone banking, and the Banking App.
Free Shyft card with 0% commission.
Preferential interest rates on student loans.

Student Achiever Account fees 2026

Fees are effective from 1 January 2026 and include VAT at 15%.

Fee type	Amount
Age requirement	16 – 25
Monthly administration fee	R12
Fee for 24 years and older	R70
Standard Bank ATM withdrawals	Free up to R1,000/month, thereafter R2.80 per R100
Other bank ATM withdrawals	R2.80 per R100
Branch withdrawals	R100 + R5 per R100
Standard Bank ATM cash deposits	Free up to R1,500, thereafter R1.80 per R100
Branch cash deposits	R100 + R5 per R100
Account payments via online banking or ATM	R2
Inter-account transfers	R5
PayShap	R2
Debit order	R3.50
Immediate payments below R100	R2
Immediate payments from R100 – R1,999	R7
Immediate payments of R2,000+	R50
Card swipes / cashback	Free
International purchases	2.75% of value
Instant Money below R500	R10
Instant Money from R500 – R999	R20
Instant Money of R1,000+	R30
Online statements up to 6 months	Free
ATM statement	R10
Card replacement	R160
Unpaid debit orders after first 3	R130 each

Frequently asked questions

Who qualifies for this account?

Students between the ages of 16 and 25 qualify. You’ll need proof of student status when applying.

What happens when I turn 24?

Customers aged 24 years and older will be charged R70 per month instead of R12.

How do I save on fees?

Choose point-of-sale cashback withdrawals instead of ATM withdrawals to save on fees. You can also download monthly bank statements for free on the Banking App instead of paying R10 at the ATM.

Can I get a student loan with this account?

Yes. Standard Bank offers preferential interest rates on student loans for Student Achiever Account holders.