If you had to open a savings account, which bank would you advise and why?

Standard bank


The service is brilliant.





But try Capitec Bank


They offer the highest interest rate 10%pa.


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P.S don't worry the bank is a subsidairy of Capitec which is listed in the JSE.If you had to open a savings account, which bank would you advise and why?
go to a credit union,,,you'll be an ownerIf you had to open a savings account, which bank would you advise and why?
I'm with Standard Bank and I've never had any complaints.





I have a savings account, a credit card and an investment account with them. The service have been really good and the consultant that helped me when I purchased my car was great and made some good suggestions on saving me a couple of rand each month. If the account is for saving - I would suggest saving in your credit card account as the interest rates are more competitive.
National Westminster.


Well, your money is less likely to devalue.


You will always have access to it no matter what country you are in. ( no exchange control )


It will be outside SA when you leave.
Nedbank! Cause I like green.
fnb.





they're really nice to me cause i owe them tons of money.
I'd agree with the previous answer of ING Direct. You have 24/7 access to your account and transfers are easily and quickly performed. I've not had a problem with them ever.
Depends what you need, really.





The rates are almost the same so dont let that affect your choice.





Also see at which bank your employer banks because then your money will be immediately available (even on public holidays etc)





Standard Bank - Standard product offerings, service can be horrendous sometimes, so much problems with their internet banking and few actually know what they talking about. The queues can be long as most people bank here. They also have great offerings for under 25's.





First National Bank - very versatile product offering.Queues can be long Very trendy keeps up to-date with latest developments to be more innovative. Can find somebody who knows something.





ABSA - more for the older consumer with pensioner's lines etc. internet banking good.





Nedbank - shorter queues, friendly atmosphere, internet banking good. can be small amount more expensive.
All the South African banks are a disgrace, they are greedy corrupt organisations only interested in milking every last penny from the average working class South African.


It makes no difference which you choose, service levels and excessive fees are equally bad accross the board.


Try a cash safe under your bed.
Given that the service fee are more or less the same and that the service levels are also similar - I'd go to Nedbank because it has shorter queues!!!!
I'd open a savings account on the internet with either ING or HSBC. They offer very competitive interest rates on savings accounts.
Absa or First National i have accounts at both and their service is good and the interest rate is also compatible