Banking

In 2025, South Africans are more focused than ever on growing their money safely. With inflation averaging 4.5% and the […]

Opening a bank account in South Africa used to mean long queues at the branch, piles of paperwork, and time

For young South Africans under 25, managing money wisely is the first step toward financial independence. Whether you’re a student,

Banking fees have long been a pain point for South Africans. With rising living costs and tighter household budgets in

Tax-Free Savings Accounts (TFSAs) let South Africans save or invest without paying tax on any growth. Under SARS rules, returns

Student banking in 2025 is more important than ever. With the rising cost of living and a generation of digitally

In the realm of personal finance, fixed deposits offer a secure and predictable way to grow your savings. Among the

• The “balance” in a bank account refers to the total amount of money in the account, including all deposits and withdrawals.
• The “available balance” is the amount of money that is immediately accessible for use by the account holder. This amount takes into account any holds or pending transactions that have not yet been cleared.
• The difference between these two amounts is crucial for account holders to understand to avoid overdraft fees or penalties for insufficient funds.