Premium +Plus call account
The Premium +Plus call account is a premium investment account that earns you highly competitive interest rates. The funds deposited are available on demand (immediate access) and there is no defined investment period, so funds can be invested in the Premium +Plus call account indefinitely. A Premium +Plus call deposit account is available to you if you already are a Standard Bank Executive Banking or Private Banking client.
What does it offer me?
- The higher your balance, the higher your guaranteed interest rate. Earn between 2.25% to 4%.
- Interest is capitalized monthly so you can get effective rates, greater than stipulated 4%.
- You decide on how much you want to invest and for how long.
- You can access your money whenever you want; no waiting or notice period.
- Your capital is secure so you carry no risks.
- There is no monthly fee or start-up fee.
- We do not charge you commissions.
- You can transfer funds in and out of your transactional account on demand using any of these channels:
- At a branch.
- Internet banking.
- Mobile banking (*120*2345#)
- Mobile banking application:.
There is no fee for opening a Premium +Plus call account.
What do I need apply?
To start this investment journey, contact your banker or visit your nearest Standard Bank branch. You will need to provide us with the following:
• A minimum balance of E100 000.00.
• Proof of identity, such as your ID or your passport.
• If residence or employer/salary slip changed since last account opened then you should also bring:
- Proof of residence – a utility bill / lease agreement / chief’s letter/confirmation of residence visit by staff.
- Proof of income/funds – a payslip or a letter from your employer.