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GoTyme Bank just made it simpler to get SA's best savings rate

27 Feb 2026
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Saving should be simple. And now it is.

From 1 March 2026, earning 10% on GoalSave becomes easier than ever.

Previously, customers needed to make 10 transactions per month for 3 consecutive months to qualify for the 10% interest on their GoalSave. That structure worked for a lot of South Africans but it was not exactly simple.

Now, we’re removing the hurdles. To earn 10% on GoalSave, you simply need to:

  • Give 10 days’ notice before withdrawing
  • Withdraw the full amount in your savings pocket using the new GoTyme Bank app

That’s it.

No transaction minimums. No 3-month build-up. No complicated Ts & Cs.

Why we changed it

As we’ve evolved into GoTyme Bank, we’ve focused on making banking even simpler, clearer and more rewarding. As a branchless bank, when something feels unnecessarily complicated – we fix it.

Now, the reward is tied to something straightforward: planning ahead. By just giving the 10-day notice, we give you 10%.

Whatever you are saving for, we want your money to grow, without making you jump through hoops.

Why the new app matters

The simplified 10% structure applies when using the new GoTyme Bank app, which also offers:

  • A more secure platform
  • A more seamless design
  • Built around how customers actually bank

With GoTyme Bank, just expect more.

So, from 1 March 2026, saving smart just got simpler at GoTyme Bank.