The Access Bank Wealth Diamond account is a private banking account available to both South African and non-South African residents. The account comes with a monthly account fee of R499.00 and offers exclusive benefits to account holders. In this article, we will discuss the features and advantages of the Access Bank Wealth Diamond Account.
A dedicated relationship banker provides personalized banking and related services to Wealth Diamond Account holders. Account holders also have exclusive access to the Private Banking Suite at the Da Vinci Hotel & Suites in Sandton. This suite includes a private boardroom for meetings by appointment, high-speed wifi, and a comfortable lounge area.
The account also offers an overdraft facility, real-time balances and transactions, instant money transfers, and withdrawals from any ATM. Additionally, account holders can obtain a black credit card, subject to a credit check.
Non-South African residents who want access to a private banking account can open the Access Bank Wealth Diamond Account Non-Resident account. This account includes all of the transactional features of the current account and more.
The Non-Resident account is ideal for those who are about to leave South Africa to live in another country or for those who are temporarily working or studying in South Africa. These account fees are listed below.
Fee Description | Amount |
Monthly Service Fee | R499.00 |
ATM cash deposit fee | R3.50 per R100.00 |
Cash deposit fee at a retailer | Free |
Cash withdrawal fee at an ATM | Free |
Point of Sale Cash advance fee | Free |
Point of sale with cash back | Free |
International ATM cash withdrawal fee | R78.00 |
Point of sale purchase fee | Free |
Online purchase fee | Free |
ATM airtime purchase fee | Free |
Inter account transfer fee | Free |
Immediate payment fee | Free |
Beneficiary payment fee | Free |
Prepaid airtime and data fee | Free |
Prepaid electricity fee | Free |
Debit order fee | Free |
Stop order payment fee | Free |
Honoring fee | R100.00 |
Dishonuour fee | R350.00 |
Communication fee | R300.00 |
Statement Fee | R30.00 |
Card courier fee | R69.00 |
Card replacement fee | R150.00 |
ATM balance enquiry fee | Free |
Balance Enquiry at a branch | R8.00 |
The Access Wealth account includes automatic enrollment in the Legacy lifestyle rewards program. Members of the program have access to Legacy hotel private suites as well as discounts and promotions at Legacy hotels. The rewards program has four tiers, with cashback benefits of up to 8% on participating spending.
The legacy rewards program is provided at no additional cost to access wealth account holders. Although the rewards program is a great addition for Access Wealth account holders, it is still limited. Access Bank may add other reward features to the wealth account in the future to enhance spending rewards.
To be eligible for the Access Bank Wealth Diamond Account, applicants must meet one of the following criteria:
The Access Bank Wealth Diamond Account offers some of the best black card services and allows non-residents to open a private banking account, which was previously unavailable in the South African private banking sector. Account holders who participate in the Legacy Lifestyle program can enjoy dining and wine at Legacy hotels, as well as receive promotions and cashback. The account is suitable for any South African or non-South African resident in need of a private banking account.
This website uses cookies.