uSave

uSave

Saving your money is the greatest gift you can give yourself. Whether it’s for a rainy day, for your child’s education, for a club or just for that special something, ubank has an account to help you make the most of your money.

How to Make Banking Safer for You

  • Keep your savings book or ATM card in a safe place
  • Never allow other people to use your ATM or Debit Card if you have one. Do NOT give your PIN to anybody, not even to your ubank consultant
  • Do not give your savings book to another person
  • Keep your Fixed Deposit certificate or other paperwork in a safe place
  • Don’t accept help from strangers at an ATM

What if You Find Yourself Short of Money?

  • If you find yourself in financial trouble please speak to your ubank sales consultant urgently
  • Please make sure you let us know if there are any changes to your address or contact numbers

Fixed Deposit Account

Ideal if you have R1 000 or more to invest for 3 months or longer. A Fixed Deposit is a very safe form of investment as it offers a higher rate of interest. As an account holder, a Fixed Deposit is an ideal type of account that does more for your money with little effort from your side. All you have to do is take all the necessary documents, go to your nearest ubank branch and speak to our consultants about the Fixed Deposit term that will best suit you.

More About Fixed Deposit Account

  • Invest from as little as R1 000
  • Choose your investment period from 3 month to 60 months
  • Interest rates for your Fixed Deposit Account are calculated based on the term you choose to invest for
  • Interest is paid to you either every month straight into your ubank account or at the end of the Fixed Deposit investment period
  • Look out for the interest rates that we are currently paying at your ubank branch
  • You will need to have a Savings Account

To Open the Fixed Deposit Account You Need:

  • Minimum deposit of R1 000
  • A green bar-coded identity book or valid South African passport
  • Proof of physical address (not older than 3 months)

Your Money Will be Available to Withdraw

  • At the end of the investment period
  • If you need your money earlier in case of an emergency, come and talk
    to us

The Fixed Deposit Account is advantageous because you are guaranteed returns at the end of your investment term. It is also one of the safest ways to save because you are guaranteed that your money will earn interest.

Save Together

Perfect for you if you are part of a group you can trust that has a common goal and you want to save together.

More About Save Together

  • You and the rest of your group can earn great interest by putting your money in one account
  • The more money you save, the higher the interest
  • The group’s savings are shown in a savings book so everyone can see how much you are saving
  • Your money is safe in this book-based account as one person cannot withdraw the money. You need between two to eight signatures before you can withdraw the money
  • Interest payable to you is worked out (calculated) daily and is paid into your account at the end of the month
  • Look out for the interest rates that we are currently paying at your ubank branch.

To Open the Account You Need:

  • Minimum deposit of R40
  • The green bar-coded identity book or valid South African passport of everyone who will be signing on the account
  • Proof of physical address (not older than 3 months) of everyone who will be signing on the account

Your Money Will be Available to Withdraw

  • Immediately if a cash deposit was made
  • After 21 days if a cheque deposit was made

Eezisave

Eezisave is the ideal savings account to earn higher interest but still have immediate access to your money in case of an emergency.

More about Eezisave

  • This account offers higher interest rates and better growth
  • No monthly fees are charged
  • No waiting period? you can with draw your savings at any time you should need to
  • This account is linked to a debit card or book option
  • Interest payable to you is worked out (calculated) daily and paid into your account at the end of the month
  • You can top up your savings at any time by depositing directly, or by transferring or setting up a monthly stop order
  • Keeps your money safe

To open the account you need

  • Minimum deposit of R50
  • A green bar-coded South African identity book or smart card, or a valid South African passport (Foreigners will need a valid work permit and proof of a work contract)
  • Proof of physical address (not older than 3 months)
  • Source of funds (Eg. Payslip)

Your money will be available to withdraw

  • Immediately if a cash deposit was made
  • After 21 day if a cheque deposit was made

How to make banking safer for you

  • Keep your savings book or debit card in a safe place
  • Never allow other people to use your debit card if you have one. Do NOT give your PIN to anybody, not even to your ubank consultant
  • Do not give your savings book to another person
  • Do not accept help from strangers at an ATM

Talk to us

For more information speak to your Ubank consultant at your nearest Ubank branch or call 086000 8322.

Your Money Will be Available to Withdraw

  • Immediately if a cash deposit was made
  • After 21 days if a cheque deposit was made