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Puresave

Savings banner 2024

Accumulate extra income and build up your cash reserves with a PureSave account. Interest earned on a this savings account is higher than a regular current account, which means your money grows faster, helping you to reach your financial goals more quickly. Your funds are available on demand and you can deposit any amount at any time. Interest is paid on a tiered basis meaning that the interest rate increases as your balance increases – so the more you save, the more you earn

Some of the benefits

Linked accounts

You can link your account to your current account and have one card for easy access to your money.

Free standing order

You will arrange a standing order to your Puresave at no fee.

Free access

You can access your money at any time no need for a notice.

Multiple usage

You can use your account as the main account for transactions or as a secondary account for savings
What you get
  • Interest up to 4% per annum on balances above MWK 5,000
  •  Interest is paid quarterly
  • Account is open to more deposits/withdrawals
  • Funds are immediately available
  • ATM card
  • No monthly fees
  • Monthly minimum standing order of MWK 2,000 with no standing order establishment fee
  • Can be opened as a secondary account through internet banking and mobile app

 

How to get it
  • Minimum amount of MWK 5,000  to open the account 
  • A copy of your valid Identity Document
  • Address verification document ( copy of a utility bill less than 3 months old)
  • You must be above 18 yrs
  • What you get
  • How to get it
  • Interest up to 4% per annum on balances above MWK 5,000
  •  Interest is paid quarterly
  • Account is open to more deposits/withdrawals
  • Funds are immediately available
  • ATM card
  • No monthly fees
  • Monthly minimum standing order of MWK 2,000 with no standing order establishment fee
  • Can be opened as a secondary account through internet banking and mobile app

 

  • Minimum amount of MWK 5,000  to open the account 
  • A copy of your valid Identity Document
  • Address verification document ( copy of a utility bill less than 3 months old)
  • You must be above 18 yrs