Standard Bank SaveUp Review for June 2026
Introduction
The Standard Bank SaveUp is a savings account offered by Standard Bank. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.
This page summarises interest rates offered by Standard Bank SaveUp and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Standard Bank SaveUp compare to other banks.
Flexible savings with anytime access and higher rates for Standard Bank transactional-account holders.
Standard Bank SaveUp highlights
last updated 2nd June 2026 by Walter
- The Standard Bank PureSave offers interest rates 4.40% and accepts investments from R0
- The Standard Bank Tax-Free Call offers interest rates 6.78% and accepts investments from R250
- The Standard Bank MoneyMarket Call Account offers interest rates 5.80% and accepts investments from R20,000
- The Standard Bank MoneyMarket Select offers interest rates 7.30% and accepts investments from R100,000
Standard Bank SaveUp
This table shows Standard Bank SaveUp's interest rates for a R10,000, R20,000, R100,000, R1,000,000 and R5,000,000 investment in Standard Bank SaveUp versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 | 5.85% #9 out of 24 | 4.97% | + R 88 |
| R20,000 | 5.85% #9 out of 25 | 5.02% | + R 166 |
| R100,000 | 6.55% #12 out of 31 | 5.65% | + R 901 |
| R1,000,000 | 6.55% #10 out of 28 | 5.61% | + R 9,386 |
| R5,000,000 | 6.55% #10 out of 28 | 5.65% | + R 44,875 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Standard Bank SaveUp.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 for 0+ | 5.85% | 4.97% | + 88 |
| R20,000 for 0+ | 5.85% | 5.02% | + 166 |
| R100,000 for 0+ | 6.55% | 5.65% | + 901 |
| R1,000,000 for 0+ | 6.55% | 5.61% | + 9,386 |
| R5,000,000 for 0+ | 6.55% | 5.65% | + 44,875 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Standard Bank SaveUp.
You get a 6.55% interest rate at Standard Bank SaveUp for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 5.65%. Over one year you will earn R44,875 more in interest at Standard Bank SaveUp compared to the average savings account.
Here are other similar savings accounts in South Africa which require a minimum deposit between R1 - R100,000
| Account | Min Deposit | Rate |
|---|---|---|
| Absa Cash Invest Tracker | R100,000 | 7.50% |
| Absa Tax Free Savings Account | R1 | 7.65% |
| Discovery Tax-Free Demand Savings Account | R1 | 6.75% |
| FNB Money Maximiser | R100,000 | 7.25% |
| FNB Tax-free Savings | R300 | 7.20% |
| Investec PrimeSaver Account | R100,000 | 6.55% |
| Nedbank Platinum Invest | R1 | 7.00% |
| Nedbank Tax-free Savings Account | R1 | 7.00% |
| Nedbank MoneyTrader | R50,000 | 6.95% |
| Standard Bank Tax-Free Call | R250 | 6.78% |
| Standard Bank MoneyMarket Select | R100,000 | 7.30% |
| TymeBank GoalSave Bonus Rate (10-Day Notice) | R1 | 10.00% |