MyMo Bank Account
Imagine being able to have the world of banking at the tip of your fingers and only paying for the transactions that you make. For affordable banking, open a MyMo bank account.
R5,95
Monthly Fee
No
Monthly Income Required
What you Get
- Flexible fees to meet your everyday needs, paying only for what you use
- Reduced rates when you withdraw cash at any ATM or selected retailers
- Get a Standard Bank Mobile SIM for R5 per month and receive:
- R50 airtime or 250MB data a month
- Transact immediately when you open this account on the app
- Shop online with a Virtual Card on our app, even before you fetch your gold card
- Free access to the Microsoft Digital Literacy course
- Access to exclusive deals at over 80 retailers nationwide through Varsity Vibe
- Personal transaction accounts terms and conditions
- General terms and conditions
Card Features
- A gold card with a chip – so you can shop securely
- Free unlimited swipes
- Your name and card number embossed on your card
- Tap to Pay functionality for fast, efficient payment at selected retailers
What you can do
- Pay zero data when you bank on the app
- Transact and manage your account 24/7
- Get your statements via e-mail and view them online anytime
- Buy airtime, data and electricity using the app, online or at ATMs
- Send money to anyone with Instant Money using the app, online or at ATMs
- Use your cellphone to make payments with SnapScan
What it Costs
- R5.95 monthly fee
- Pay only for what you use.
How to Get it
To open a MyMo Account, you need to:
- Be 16 years or older
- Be a South African citizen
- Have a South African ID*
- Be living in South Africa
- Download the app or apply online**
*If you are under 18 years and don’t have an ID, you will need to apply in-branch with your original birth certificate and a certified copy of your parent’s/guardian’s ID.
**You need a South African ID to open the account online. If you are under 18 and have an ID, you can open the account on the Standard Bank App.
Open the account on the Standard Bank App in a few easy steps:
- Download the app
- Provide the required details
- Scan your ID smartcard/book
- Take a selfie
- Create your password
- Now you can start banking
- You’ll receive an SMS when your gold card is ready for collection at your preferred branch
Open the account on the Standard Bank website in a few easy steps:
- Click on apply now
- Provide the required details
- Create your password
- Get your gold card from your preferred branch (you’ll receive an SMS when its ready for collection)
- Now you can start banking anywhere, anytime
Order a Standard Bank Mobile SIM card to get free data and airtime:
- Open the email containing your MyMo account number
- Copy the web address in the section titled ‘Standard Bank Mobile SIM’ and paste it into your browser
- Provide the required details on the Standard Bank Mobile website
- The SIM card will be delivered to you within two days
- Remember to have your ID with you when the SIM card is delivered
GK Benefits
- Attorney discounts with certain attorneys < R2mil – 35%, ≥ R2mil – 50%, Waiving of initiation fee R6032. additional rate benefit to apply approx. 35bps (better rate to apply) On NEW home loans
- 5% Discount on New Flexi Life Cover Policies
- 5% Discount on New Funeral Cover Policies