Say hello to a digital savings account that helps you save and grow your money at a competitive interest rate of 8.82% per annum (Ts & Cs apply).
Use the Savings Wallet to maximise your savings and get instant access to your money whenever you need it.
It’s simple, smart and convenient.
- Earn interest from the first rand.
- Save what you can, when you can.
- Access your money instantly with no penalties.
Smart & simple digital savings account
Easily open an account
We only require your full name, ID number and cell phone number to open your Momentum Money Digital Savings Account.
Set your savings goals
Via the App, name your savings goal, set the time frame in which you’d like to achieve it, and track how much you need to save each month.
There are no monthly fees on your account. An annual admin fee of 1.4% applies. The higher your balance, the lower the admin fee.
Open your account on the Momentum Money App
We've removed the hoops and hurdles to make signing up for a Momentum Money Digital Savings Account effortless.
Download the App and sign up for an account in just under 2 minutes. We've kept the admin minimal to fast track your journey to financial success.
Getting the most out of Momentum Money
Momentum Money makes saving more and spending smartly a way of life. It's made up of a Digital Savings Wallet and a Payment Wallet that work together to bring you the best of both worlds.
Your Payment Wallet
How do I access my savings?
Transfer money from your Savings Wallet into your Payment Wallet to spend it. You can use the App to make payments via Scan to Pay at selected retail partners or send money to other people who also have Momentum Money.
Momentum Money FAQs
Find all the answers you need in our frequently asked questions section.
Click "Add money" on the Momentum Money App to see your account details. Your deposits will be reflected in your Payment Wallet. Remember to transfer money to your Savings Wallet to start earning interest.
We have partnered with Sasfin Bank to allow you to deposit money into your Momentum Money Payment Wallet.
The money you deposit will reflect in your Payment Wallet. Simply transfer money to your Savings Wallet to start earning interest daily.
You can swipe your Momentum Money Visa card online and in-store countrywide. You can also make cardless payments via Scan to Pay at participating retailers, and send money to other people with Momentum Money.
Introducing: #DontBlowGrowIt web series
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