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Standard Bank MarketLink Investment Account Review 2024 | Rateweb
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Standard Bank MarketLink Investment Account Review 2024

The Standard Bank marketLink account is a savings account that can be linked to any Standard Bank transactional account and requires a R1,000.00 minimum deposit. The account pays up to 6.20% in interest and funds can be accessed immediately.

Standard Bank MarketLink accepts limitless deposits and offers 2 no-fee withdrawals. The account is best suited for rainy day savings, as withdrawal terms are not restrictive.

Standard Bank offers some of the most competitive savings accounts in South Africa. However, the account comes with transactional fees. These fees are tabled below.

Standard Bank MarketLink Account Fees 2024

Fee DescriptionAmount
Monthly account feeFree
Standard Bank ATM withdrawal feeR25.00 per R1,000.00 or part thereof 
Standard Bank branch withdrawal feeR80.00 + R2.50 per R100.00 or part thereof 
Other bank ATM withdrawal feeR25.00 per R1,000.00 or part thereof
Coin withdrawal at Standard Bank branchR80.00 + R10.00 per R100.00 or part thereof
Notes and coin withdrawal at Standard Bank branchR80.00 + R2.50 per R100.00 (notes) + R10.00 pe  R100.00 (coins) or part thereof
Deposits at Standard Bank ATM2 free thereafter R1.20 per R100.00 or part thereof 
Deposits at Standard Bank branch R80.00 + R2.50 per R100.00 or part thereof
Coin deposit at Standard Bank branchR80.00 + R10.00 per R100.00 or part thereof
Instant money up to R500.00 R9.00
Instant money between R501.00 to R1,000.00 R11.50
Any instant money above R1,000.00 R14.00
Inter account transfers online R5.50
Inter account transfers to Standard Bank branchR80.00 
Account payment online and  Standard Bank ATMR1.25
Immediate payments below R2,000.00 R10.00 
Immediate payments a over R2,000.00 R50.00
Debit order payment online R5.50
Stop order schedule online R5.50
Stop order amend, establish or cancelFree

When applying you will need:

  • Your South African ID
  • Proof of residence (not older than three months)
  • Minors will need the consent of a parent or guardian
  • You need a minimum deposit of R1,000.00 to open the account

Cash deposits and withdrawals

In terms of deposits and withdrawals, using the MarketLink investing account is identical to using your full transactional account. The account has no limits on the number of deposits and withdrawals that can be made. Despite the fact that you have an unlimited deposit limit, account holders receive only receive 2 free ATM cash deposits, with the remainder subject to a deposit fee.

In addition, you will receive one free inter-account transfer in-app, online, at ATMs, or via your phone. Banks have recently promoted the use of their mobile apps and internet services by lowering transaction fees associated with these platforms. As a result, account holders use mobile apps and online self-services to save money on transactional fees.

How easy can I access my funds?

Access to your assets is one of the distinct savings requirements and needs that you must consider when selecting a savings account. The MarketLink investment account from Standard Bank enables you to access your savings cash whenever the need arises. To gain access to your funds, you must link your MarketLink account to an existing debit card or apply for a new card at a Standard bank branch.

By linking the account, you can view or access it from a Standard Bank ATM or through the Internet banking service. To keep your MarketLink account active, you must maintain a minimum balance of R50. While balances less than R1000 do not earn interest, the account must not be withdrawn to zero to remain operational.

  • Flexibility, the account functions as if it’s a transactional account with no limits to the number of transactions you might make in the account.
  • Linked accounts, the MarketLink investment account can link your debit, cheque or credit cards. This gives you convenience whenever you want to make a transaction.
  • No monthly fees, you get to freely use a bank account without having to pay any fixed monthly fees usually classified as service fees.

The interest rates only start to be competitive on large amounts which makes it hard to see the returns of savings on small amounts.


MarketLink investment accounts are an excellent way to save money that you will need frequently. It allows you to link the account to your most frequently used cards, allowing you to conduct transactions whenever you want. 
If you prefer to save for a specific goal, you may want to look into the Flexi Advantage account, which offers a fixed competitive interest rate. During the Flexi Advantage account’s investing term, you may withdraw up to 40% of your initial contribution.

2 thoughts on “Standard Bank MarketLink Investment Account Review 2024”


    good day, We have R3MILLION to invest for 12 to 24 months…..we are over 55 years old. What is your best interest rate on fixed deposit….NB..INTEREST PAYABLE MONTHLY please? This urgent please.

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