How to save with Momentum Money
Life gets in the way so save what you want when you want to with your Momentum Money Savings Wallet.
We've removed the hoops and hurdles to make growing your money more effortless. With no deposit fees, your money grows from the first rand. Plus, the money in your Savings Wallet is invested in the Momentum Money Market Fund, one of the best-performing local money market funds.
We've made getting started easy. You can sign up in under 2 minutes with no paperwork and no minimum deposit.
Turning goal setters into goal getters
Set a goal
What are you trying to achieve? Saving for studies, buying a new car, going on holiday or putting a deposit down on a new home.
Earn interest
Let your money grow as you go. Enjoy the competitive interest rate of a money market fund without the hoops and hurdles.
Track your progress
The smart savings goal tool acts as your guide. It shows you where you are and what you need to save monthly to reach your goal.
Spend
Immediate access to your money when you’re ready to spend. Simply transfer what you want to spend to your Payment Wallet—no notice periods. No penalties.
Supercharged savings success
A team of experts manages your savings.
The money in your Savings Wallet is invested in the Momentum Money Market Fund providing a competitive return while allowing you to spend your money when needed.
- Earn an interest rate ordinarily available to large funds from the first rand.
- Access your savings without waiting the usual 24 hours.
Less effort, more success
Get saving smartly.
Our smart savings goal tool helps you set your goal and calculate how much to save monthly to reach your goal. We make it easy for you to save what you want when you want to.
- No minimum deposit
- No deposit fees
- No monthly debit order
Get Momentum Money
Sign up for Momentum Money
Are you interested in a Momentum Money Digital Savings Account? Give us a call and speak to a friendly service champion, or simply open an account on the Momentum Money App in under 2 minutes.