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We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

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Savvy Plus Bank Account review: Basic banking!

Are you looking for an account with travel perks and a chance to add other benefits only when needed? If so, read our Savvy Plus Bank Account review!

Savvy Plus Bank Account: Add the benefits you want!

Check this Savvy Plus Account review and see how it works. Source: The Mister Finance.
Check this Savvy Plus Account review and see how it works. Source: The Mister Finance.

Are you a South African looking for an account that offers basic perks with the flexibility to add your own benefits? If so, read our Savvy Plus Bank Account review to learn more about it!

Savvy Plus Bank Account

How to apply for the Savvy Plus Bank Account?

Looking for the perfect account with travel benefits and ways to meet your banking needs? Read on to apply for the Savvy Plus Bank Account!

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How to apply for the Savvy Plus Bank Account?

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RequirementsBe at least 18 years old;
Live in South Africa and have a valid South African ID;
Earn at least R3,000 per month before tax;
Have a good credit score.
*Terms apply.
Monthly Fee$115 per month.
FeesCash deposit fee (Nedbank):
R1,50 per R100 or part thereof;
Withdrawals from Nedbank ATMs are free of charge, but withdrawals from other banks cost R12 plus R2,50 each R100 or part thereof, and withdrawals from foreign banks cost R60 plus R2,50 per R100 or part thereof;
There may be additional charges associated with using this account.
*Terms apply.

Also, this is a hassle-free account, and it offers a secure way to manage your finances!

Therefore, to give you a better idea of what the Savvy Plus Bank Account has in store for you, we’ve put together this detailed review filled with all the essential information that will help you decide if it is right for you!

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How does the Savvy Plus Bank Account work?

With this account, you’ll get great features like access to various ATMs nationwide and budgeting tools designed to help make the most of your money, plus plenty of options for adding additional value.

Also, this account is easy to set up and manage! Plus, this straightforward account offers South African customers a basic way to store their money while throwing in some tasty extras like rewards points and added insurance protection!

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Savvy Plus Bank Account benefits

You can use your debit card to use your money on your purchases. Source: Freepik.
You can use your debit card to use your money on your purchases. Source: Freepik.

As we mentioned, this account offers the basics of a banking account and some perks. Also, you can get travel benefits and Greenbacks perks and rewards.

Moreover, you can use this account to make free cash deposits of up to R3,000 at Nedbank ATMs and much more!

However, this account also has some downsides. So, you can read our pros and cons list below to learn if this is the right account for your needs!

Pros

  • You’ll pay a reasonable monthly fee to get the account perks;
  • The withdrawals from local ATMs are free;
  • You’ll be able to use your debit card account for no extra costs.

Cons

  • The travel perks could be higher due to the monthly fee and other features.

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

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Should you open a Savvy Plus Bank Account?

A Nedbank Savvy Plus account is a smart choice if you don’t make a lot of banking transactions monthly.

Moreover, an allotted number of deposits and withdrawals can be made without incurring any fees.

Therefore, with a monthly fee of more than R100.00, you will not be eligible to enroll in the Nedbank Greenbacks rewards program.

However, if you’re interested in paying the fees to get the benefits it offers, you’ll be able to enjoy this account’s features!

How to apply for the Savvy Plus Bank Account?

You can easily open your account online through the website. Also, you’ll need to provide your personal information and maybe some documents to confirm your situation!

Savvy Plus Bank Account

How to apply for the Savvy Plus Bank Account?

Looking for the perfect account with travel benefits and ways to meet your banking needs? Read on to apply for the Savvy Plus Bank Account!

Keep Reading
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How to apply for the Savvy Plus Bank Account?

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About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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Under no circumstance we will require you to pay in order to release any type of product, including credit cards, loans or any other offer. If this happens, please contact us immediately. Always read the terms and conditions of the service provider you are reaching out to. We make money from advertising and referrals for some but not all products displayed in this website. Everything published here is based on quantitative and qualitative research, and our team strives to be as fair as possible when comparing competing options.

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Editorial Note

Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. That said, the compensation we receive from our affiliate partners does not influence the recommendations or advice our team of writers provides in our articles or otherwise impact any of the content on this website. While we work hard to provide accurate and up to date information that we believe our users will find relevant, we cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

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