Unit Trust savings
It’s also a Unit Trust, so you don’t just earn a flat interest rate, which could mean you’re missing out. You’ll earn a rate that matches the Old Mutual Money Market Fund. This is a Unit Trust that has never had a negative return, which means chances are; you’ll save more, faster.
Free and easy transfers
With an Old Mutual Money Account, you decide how you spend. So, you can transfer money into your SWIPE account to use it if you’d like. This makes it the perfect “rainy day” fund and keeps you in control.
What are your saving options?
When Swipe & Save is activated, a set percentage of each payment automatically goes to your SAVE Account when you spend.
So, for example, If you set your Swipe & Save function to 10% and swipe or tap your card for R100, another R10 would be transferred from your SWIPE account into your SAVE account.
If you’re looking for your Swipe & Save settings on the Old Mutual Banking App, you can find them under “SAVE account” in the menu.
With Focused Save, you can choose the amount you’d like to transfer into your SAVE account every month. This set amount can help you reach your saving goals and plan your money moves.
When you pick Focused Save, you choose the date that you want the money to be transferred and that amount goes off every month - just like that. Ready to turn on this feature? Simply go to the SAVE Account section on our app and choose “Focused SAVE Settings” - it’s easy.
Sometimes, you have to buy things with cash - but why go to the ATM? It’s much cheaper to withdraw from the till at Shoprite, Checkers, Usave, Boxer and Pick n Pay stores, while you do your shopping.
Check your balance, for FREE
Checking your balance at an ATM costs you R5,50 every time. Don’t waste your money. Use internet banking, cellphone banking and our app to do it instead - it’s free.
Opt out of SMS notifications
Whenever you get an SMS about your account, it costs R0,50. If you don't need these, go into your app's settings and turn them off and get in-app and email notifications instead. Both are free. You can also phone our call centre to change your notifications or use internet banking if you need help.
Open an Old Mutual Money Account, Today!