Old Mutual Bank

The Old Mutual Money Account is a one-of-a kind bank account that gives you two accounts in one, a SWIPE account and a SAVE account, to help you bank smarter.



When you spend, you save; and when you save – your money earns interest, making it an affordable and innovative way to bank.

PLUS, now you can earn Old Mutual Rewards points as you bank, simply by using your Money Account! Why not up your financial gain and enjoy a range of added benefits, for as little as R4.95 a month?

Money Account features and benefits



  • Unit trust savings account
  • Quick & easy transfers between accounts
  • Send Money to anyone with a valid South African mobile number
  • Pay other Money Account holders instantly with Quick Pay
  • Automatic savings with Swipe and Save
  • Affordable banking fees


Spend Smarter

  • Activate and fund your Money Account, in minutes
  • Tap and Pay
  • Shop online
  • Easily transfer money from your SWIPE account to your SAVE account
  • Make instant payments to other Money Account-holders
  • Turn your card “on” and “off” when it’s not on you