With an Old Mutual Money Account, every time you swipe your card, an amount set by you is invested in the Old Mutual Money Market Fund Unit Trust that can help grow your savings. What more does the Money Account have to offer? You will get free access to online purchases,inter-account transfers, unlimited point-of-sale swipes, top security and much more. So, what are you waiting for, get your Money Account today! Sign up

About Money Account

The Old Mutual Money Account offers you two accounts. A fully transactional SWIPE Account, in association with Bidvest Bank Limited* and a SAVE Account, in association with OMIA**. The SAVE Account funds are invested in the Old Mutual Money Market Fund Unit trust. Swipe, Save, Switch.

BENEFITS OF MONEY ACCOUNT

  • Affordable transaction fees.
  • Top security features - instantly switch your card off in an emergency.
  • Higher growth potential on your savings.
  • Two linked accounts - a transactional (SWIPE) account and an investment (SAVE) account.
  • Unique features that can automatically save for you.
  • Instant access to your savings.
  • Transact on the go with the Mobile Banking App, Cellphone Banking or Internet Banking.
  • Pay for anything at a till point or online.
  • Your savings are invested in the Old Mutual Money Market Fund Unit Trust.
  • Quick Pay - unlimited transfers to other Money Account holders with your cellphone.
  • Deposit cash at Pick n Pay and Boxer stores.
  • Withdraw cash at Pick n Pay, Boxer, Shoprite and Checkers stores.
  • Buy pre-paid airtime or electricity using Cellphone or Internet Banking.

UNIQUE FEATURES

SWIPE & SAVE

You can choose to set this feature and automatically add to your SAVE account every time you swipe your card. You can set your SWIPE & SAVE percentage to be anything between 1-15% of your total daily spend.

So, let's say you spend R100 on groceries and you've set your SWIPE & SAVE percentage to 10%, then an extra R10 will be added to your SAVE account. In total R110 has moved from your SWIPE account - R100 for groceries and R10 to your SAVE account.

Money Account Swipe and Save

FOCUSED SAVE

You can choose to have a fixed amount automatically transferred from your SWIPE account into your SAVE account. A good idea would be to set your FOCUSED SAVE date to the day you get paid so that there is always money available for this.

For example, if you've set your FOCUSED SAVE transfer to R200, this amount will be added to your SAVE account every month on the date you have selected.

Money Account Focused Save

Old Mutual Money Market Fund Unit Trust

Your save account is linked to the Old Mutual Money Market Fund Unit Trust which gives your money higher growth potential than saving in a normal account. What makes this better than many traditional savings accounts is that your money can be accessed instantly - atany time. When you need to, you can simply transfer the money from your SAVE account into your SWIPE account, using Mobile Banking App, Cellphone or Internet Banking. The money will be available in your SWIPE account immediately.

TRANSACTION FEES

Download the Cost Spreadsheet

Are you a South African citizen, have an original South African Identity Document, a valid FICA document and are you 18+ or older?

If you have answered yes to all of the above questions, visit your nearest Old Mutual Retail branch with your original green bar-coded ID and your Valid FICA document not older than 3 months. So, what are you waiting for? Get your Money Account today! Swipe. Save.Switch.

Sign up

For more information visit our website www.moneyaccount.co.za or contact our Service Centre on 0860 222 252.