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 2 (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 debit card ATM cash withdrawal ATM cash withdrawal at another bank s ATM Payments R33,00 + 1.40% of withdrawal amount R4,00 + 1.20% of withdrawal amount R6,70 + R4,00 + 1.20% of withdrawal amount Debit order (internal) R4,20 Debit order (external) R13,10 Prepaid recharges using Standard Bank: ATM Cellphone Banking, Internet Banking and Mobile App At other bank s ATM Balance enquiries and mini-statements R1,10 R6,70 + R1,10 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: Cash back at retailer only, Cash back with purchases at retailer, electronic account payments, prepaid airtime and electronic inter-account transfers. 2 A R2.50 monthly fee will be charged if you want to receive MyUpdates messages for transactions under R100 for Real-time point of sale transactions, electronic account payments and deposits. A R10.00 monthly fee will be charged if you would like to add additional Cellphone numbers to receive MyUpdates Notifications
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 2 (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 International Email 0860 123 000 +27 11 299 4701 youth@standardbank.co.za Lost or stolen cards 0800 020 600 Internet www.standardbank.co.za/ 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 8/16