Tyme Bank Savings Account; What is the GoalSave savings tool?
Your EveryDay account gives you access to a powerful savings tool called GoalSave. Whether you’re saving for a holiday, wedding, birthday or unexpected expenses, you can earn up to 10% interest per year on your savings.
Why use the GoalSave savings tool?
Save more money to reach your goals
Set aside money to make dreams happen.
Track your savings
Keep track of your savings journey, wherever you are.
Keep your savings safe
GoalSave protects your money from unauthorised debit orders.
Earn higher interest on your savings
The longer you save, the more interest you earn.
10-days’ notice bonus
Wait 10 days for your payout and we’ll give you a bonus on top of the money and interest you’ve already earned.
GoalSave interest and limits
Savings interest
The money in your GoalSaves earns you interest at rates that increase over time.
Savings limits
You can have up to 10 active GoalSaves at any point in time. You can add money to your GoalSaves as often as you like up to a maximum of R100 000 across your GoalSaves.
Remember, the combined total across all your GoalSaves and your EveryDay account can’t be more than the limit set for your profile. Learn more about our different EveryDay account profiles.