BidSave account
Saving. Made Simple.BidSave is the savings account that rewards you with great interest rates on a minimum balance of R50. Linked to the account is the BidSave card which can be used at millions of ATMs, stores and restaurants that display the Visa sign. No transaction fees are charged when you use the BidSave card and, if you do not transact on your BidSave account, you pay no fees. If you do transact on the account, you are charged from R1 up to a maximum of R55* (incl VAT), regardless of the number of transactions you make! With an account like this, you can only save.
- Highly competitive interest rates
- Pay up to a maximum of R55* (incl VAT) per month on BidSave account transaction fees. NO TRANSACTIONS = NO FEES.
- NO monthly administration fees
- NO transaction fees charged on BidSave card purchases at South African stores and restaurants
- FREE cash withdrawals at all Bidvest Bank ATMs
- FREE internet banking subscription
- Use the BidSave card worldwide at ATMs, stores, restaurants and hotels that display the Visa sign
- Purchase and withdraw cash ('cash back') at selected retailers including Pick 'n Pay, Shoprite Checkers and PEP stores
- Purchase fuel with the BidSave card at BP, Caltex and Shell petrol stations
- Available to children under the age of 16 years
*Over-the counter fees at the branch, declined/denied transaction fees and international transaction fees do not accumulate to the R55 maximum and are charged per transaction.