MyWorld Bank Account

MyWORLD shared banking lets you bank alongside your loved ones while enjoying South Africa's lowest banking fees.

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MyWorld Account

R

5.00

Monthly fee

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More about MyWorld Bank Account

You get 5 free accounts. Your MyWORLD account gives you access to up to 5 free linked accounts, which you can  use as either Power or Savings Pockets.

Power Pocket

The Power Pocket account links to your primary account with its own card and number, shareable with up to 10 users. You control who uses it and how.

Savings Pocket

A savings pocket with a unique number offers competitive rates, immediate access, no card, and up to 10 members for savings groups.

Personalized Debit Card

It comes with its own embossed personalised Debit Card and has an interest rate of 1.00%, the same as your Primary MyWORLD Account.

Features & Benefits

Explore MyWorld banking features and benefits

Pocket shared account

Create up to five unique Pocket accounts for transactions and savings.

No monthly fees

Save money every month with no fees, keeping more in your account balance.

High interest rates

Earn up to 6.5% interest on Savings Pockets for efficient savings growth.

Mobile access control

Securely manage your account online via app, website, or contact center.

Related ways to bank

We are as invested in you as you are! Explore some of our related products further more.

Notice Deposit Account

Discover the Notice Deposit Account. Earn SA’s Best rates indefinitely, with the flexibility to access funds on 7, 32, or 90 days’ notice.

Monthly service fee

R5.00

Black Credit Card Account

Discover seamless banking with the African Bank Black Credit Card. Instantly manage finances online or on mobile and qualify with ease.

Monthly service fee

R5.00

Tax Free Savings Account

Secure your financial future with market-leading rates, benefit from tax-free payouts, and watch your investments grow steadily over time.

Monthly service fee

R5.00

Fixed Deposit Account

Earn SA's best investment rate of 10.40% per annum, which is equivalent to 12.80% per annum calculated on expiry after 60 months.

Monthly service fee

R5.00

Low

Fees for Our MyWorld Account

The MyWORLD Bank Account fees cover service fees, like a monthly bundle fee of R5.00 and an overdraft fee of R69.00.

Usage fees include R10.00 per R500 for other bank ATM withdrawals, R80.00 for international withdrawals, and charges for insufficient funds, declined transactions, and payment notifications.

What our customers have to say about their experiences

Feedback shared by our customers sharing their experiences when engaging with our brand.

Lindela Zulu

Compliment

I'm very impressed with the new African Bank offering. It took me 5 mins to open a bank account and left with my printed 'black' card!

Tulani Kumalo

Compliment

Switching to African Bank was the best decision for my finances. Their exceptional customer service made opening an account so smooth.

Thandiwe Nkosi

Compliment

I've been with African Bank for over five years and couldn't be happier. They offer flexible financial solutions tailored to my needs

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+27 12 123 4567

support@africanbank.co.za

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