PRICING GUIDE 2016 (sum) and Student Achiever Accounts

standardbankgrp

QkG36k

PRICING GUIDE 2016

(sum) 1 and

Student Achiever

Accounts


(sum) 1 fees for 2016

We know that while you are at school your cash is a bit limited.

For this reason, the (sum) 1 account, which is an account

offered to under 16’s, is priced so that you can make the most

of your money.

(sum) 1 : what do you get FREE

per month?

• No monthly management fee

• Two Standard Bank ATM cash withdrawals

• Your first eight electronic debit transactions 1

(excluding debit orders)

• Your first two ATM cash deposits

• MyUpdates (SMS/email notifications)

• Unlimited electronic balance enquiries when

using *120*2345#

• Unlimited inter-account transfers to any Standard Bank

Savings and Investment account

• Unlimited swipes at retail stores

• Standard Bank Mobile App

• Internet and Cellphone Banking subscriptions.

(sum) 1 tips on how to manage

your account

The following tips will assist you in banking faster and cheaper

– at your own convenience:

• Use Internet, Telephone, Cellphone Banking or the

Standard Bank Mobile App as a more cost effective way to

perform most of the transactions you do in the branch.

• In order to avoid paying the branch cash deposit fee, rather

try to have deposits paid electronically into your account.

• Remember to always use our ATMs to avoid paying

additional fees for using other banks’ ATMs.

• Use your debit card to make in-store payments.

• You don’t need airtime to buy airtime, just dial *130*2345#


(sum) 1 : Number of electronic debit transactions 1 per

month (excluding debit orders)

1 – 8 transactions Free

9 or more transactions R25,00

(sum) 1 and Student Achiever: over and above this, you

will be charged as follows:

Transaction type

Deposits at branch or ATM

Cash deposits (branch) R11,00 + 1.30%

of deposit value

Cheque deposits (branch) R30,00

Cash deposits (ATM) R4,00 + 1.30%

of deposit value

Cheque deposits (ATM) R25,00

Cash withdrawal

Cashback at point of sale (till) R5,00

Branch cash withdrawal – using a R33,00 + 1.40% of

debit card

withdrawal amount

ATM cash withdrawal

R4,00 + 1.20% of

withdrawal amount

ATM cash withdrawal at another R6,70 + R4,00 + 1.20%

bank’s ATM

of withdrawal amount

Payments

Debit order (internal) R4,20

Debit order (external) R13,10

Prepaid recharges using

Standard Bank:

– ATM Cellphone Banking,

Internet Banking and Mobile App

R1,10

– At other bank’s ATM

R6,70 + R1,10

Balance enquiries and mini-statements

At Standard Bank ATM (print) R1,15

At Standard Bank ATM (display)

Free

At branch R6,80

At another bank’s ATM R5,25

Note: Your first two Standard Bank ATM cash deposits each month are free. (sum) 1 has a

minimum opening deposit and minimum balance requirement of R20,00.

Remember, once you turn 16 you qualify for a Student Achiever Account.

1

Electronic debit transactions include the following:

Local debit or cheque card purchases/cashback, electronic account payments, prepaid airtime

and electronic inter-account transfers.


Transaction type

Card replacement

debit card (magstripe)

R52,50

debit card (EMV/chip)

R130,00

cheque card (EMV/chip)

R130,00

Declined ATM cash withdrawals

at Standard Bank ATM

R2,60

at another bank’s ATM

R4,90

Dishonoured or unpaid item R115,00

PIN re-set ATM

Free

PIN re-set Branch R4,00

Point of sale decline due to

insufficient funds R7,50

Student Achiever Fees for 2016

As a student, you live life to the full and need a bank account

that matches your hectic lifestyle. That is why Standard Bank

designed a transactional account specifically to meet the

banking needs of scholars and tertiary students between the

ages of 16 and 23 years, making banking more flexible and

more affordable for you!

Student Achiever:

What do you get FREE per month?

• No monthly management fee

• Your first eight electronic debit transactions 1

• Two Standard Bank ATM cash withdrawals

• Your first two ATM cash deposits

• MyUpdates (SMS/email notifications)

• Unlimited electronic balance enquiries when

using *120*2345#

• Unlimited electronic inter-account transfers to any

Savings and Investment account

• Unlimited swipes at retail stores

• Internet, Standard Bank Mobile App and Cellphone

Banking subscriptions.


Tips on how to manage your account

The following tips will assist you in banking faster and

cheaper – at your own convenience:

• Use Internet, Telephone, Cellphone Banking or the

Standard Bank Mobile App as an easier and more cost

effective way to perform most of the transactions you

would do in a branch.

• You don’t need airtime to buy airtime, just dial *130*2345#

• In order to avoid paying the branch cash deposit fee,

rather try to have deposits paid electronically into

your account.

• Use your debit or cheque card to make in-store payments

or purchase online with either your cheque or credit card.

To make it more affordable to access your funds, your first

eight electronic debit transactions 1 are free each month.

Thereafter the fee is as outlined below:

Student Achiever: Number of electronic debit

transactions 1 per month

1 – 8 transactions Free

9 or more transactions R25,00

Any transaction not in the electronic debit transaction bundle, will be charged

according to Pay-as-you-transact fees.

In the event that you no longer meet the age criterion of your account [(sum) 1

or Student Achiever], you will be required to change to another suitable account

or you will be charged a monthly management fee of R59,00.

Contact details

Other Services

Will drafting fee (complex – Standard Trust

nominated executor) R600,00

Will drafting fee (complex – Standard Trust

not nominated executor) R1 800,00

Will drafting fee (pre-printed will)

Free

Will drafting fee (online)

Free

Will review (Standard Trust nominated

executor – this fee may be waived by the

intermediary if original will is kept in

safe custody) R300,00

Estate Planning consultation where there

is no preparation for a will (this fee may be

waived by the intermediary) R1 500,00

Will safe custody annual fee R150,00


UCount Rewards

Join our rewards programme for just R20 a month and

collect rewards points every time you shop with your

Standard Bank Credit, Cheque or Debit Card. Get up to

20%* back on groceries at 9 major grocery retailers*, up to

R2* back in rewards points per litre of fuel at participating

Caltex forecourts, up to 5%* back at Participating Rewards

Retailers and up to 1.25%* back on all your other purchases.

Visit www.standardbank.co.za/UCount for more info.

*See web for details and T&Cs.

Move forward with our innovative

payment and banking products!

SnapScan

SnapScan is an innovative app that lets you pay for things

with your smartphone. It’s a simple, safe and convenient way

to pay. Download* the SnapScan app from your app store or

go to www.getsnapscan.com, link your bank card and enjoy

unbelievably simple payments. SnapScan can be used with

any MasterCard ® and Visa credit or cheque cards, as well as

selected debit cards, issued by any bank in South Africa.

Tap & Pay

Buying small items on the run has just become faster with

your MasterCard ® contactless card from Standard Bank.

Waste no time when you pay for purchases up to R200.

All you need to do is tap your card and go. Apply online at

www.standardbank.co.za for yours and use it wherever you

see the contactless symbol .

MasterPass

Shopping on your computer, tablet or smartphone online is

easier and more secure with MasterPass. Download* the

app and shop, click and checkout faster online! MasterPass

can be used with any MasterCard ® and Visa credit or cheque

card, as well as selected debit cards, issued by any bank in

South Africa.

Visit www.standardbank.co.za/masterpass for more info.


InstantMoney ®

Send money via your cellphone to anyone in South Africa –

quickly and safely! Creating an InstantMoney voucher is as

easy as buying airtime – and funds can be sent by anyone,

to anyone – even if they don’t have a bank account.

Find out more at www.standardbank.co.za/instantmoney

App for Smartphones or Tablets

You decide where and when you need to do your banking.

Simply open the secure banking app on your smartphone

or tablet, make payments, do transfers, buy prepaid airtime

and much more. Download* our revolutionary banking app

from your app store or at www.standardbank.co.za/app

*Network providers’ standard data charges will apply.

Terms and conditions apply.

General customer

contact centre

– South Africa

0860 123 000

– International

+27 11 299 4701

Email

youth@standardbank.co.za

Lost or stolen cards 0800 020 600

www.standardbank.co.za/

Internet

studentachiever

Cellphone Banking *130*2345#

Fraud 0800 222 050/+27 11 641 6114

This brochure is not a comprehensive list of our prices. For further

information, you can contact us on any of the above.

Prices include VAT and are subject to change.


Disclaimer

Our products and services, and the terms under which they are offered, may

change. We will inform you within a reasonable time of these changes. It is in your

interest to read your contract carefully. If you have any questions or need more

information please contact your branch. Standard Bank subscribes to the Code

of Banking Practice. Please ask your branch for details.

Standard Bank supports the

Ombudsman for Banking Services

Sharecall number 0860 800 900

Authorised financial services and registered credit provider (NCRCP15)

The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06).

Moving Forward is a trademark of The Standard Bank of South Africa Limited. SBSA 214611 – 11/15

More magazines by this user
Similar magazines