Standard Bank MoneyMarket Select Review for March 2026

Last updated 1st March 2026 by Walter

Introduction

The Standard Bank MoneyMarket Select is a savings account offered by Standard Bank. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.

This page summarises interest rates offered by Standard Bank MoneyMarket Select and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Standard Bank MoneyMarket Select compare to other banks.

Standard Bank MoneyMarket Select highlights

last updated 1st March 2026 by Walter

R100k
min deposit
7.05%
interest rate
PS. Did you know that Standard Bank also offers the following

Standard Bank MoneyMarket Select

This table shows Standard Bank MoneyMarket Select's interest rates for a R100,000, R1,000,000 and R5,000,000 investment in Standard Bank MoneyMarket Select versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R100,000
6.70%
#6 out of 31
5.50%
+ R
1,198
R1,000,000
7.05%
#2 out of 28
5.45%
+ R
15,964
R5,000,000
7.05%
#2 out of 28
5.49%
+ R
77,768
  • 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
  • 2 the amount of interest you will be able earn over and above the average.
    A negative amount means that the average savings account in South africa will give you more than Standard Bank MoneyMarket Select.
How to read this table?

You get a 7.05% interest rate at Standard Bank MoneyMarket Select for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 5.49%. Over one year you will earn R77,768 more in interest at Standard Bank MoneyMarket Select compared to the average savings account.

Here are other similar savings accounts in South Africa which require a minimum deposit between R1 - R100,000