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Our high interest rates allow you to relax and let your hard earned money work for you, turning your dreams into a reality

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savings account interest rates in Kenya

Our high interest rates allow you to relax and let your hard earned money work for you, turning your dreams into a reality

We offer you a convenient way to start your savings journey

Our Safari Savings account gives you the opportunity to save for that rainy day or that something special whilst earning you interest

Features

Quarterly Interest

Interest is calculated daily on your available balance and paid quarterly

Withdrawals

Your Savings Account allows you 1 withdrawal per month.

Online Banking and Mobile App

Enjoy convenient banking anytime anywhere with mobile banking and online banking. Transfer funds between own accounts.

FREE eStatements

FREE quarterly eStatements

Interest Rates

Attractive interest rates from:

THE BANK RESERVES THE RIGHT AND DISCRETION TO CHANGE THE RATES BELOW.

BALANCE RANGE
SAVINGS RATES EFFECTIVE 1ST MAY 2020
KES 0 to KES 1,999,999.99 0.50% p.a.
KES 2,000,000 to KES 4,999,999.99 0.75% p.a.
KES 5,000,000 to KES 9,999,999.99 1.25% p.a.
KES 10,000,000 to KES 14,999,999.99 1.75% p.a.
KES 15,000,000 to KES 19,999,999.99 2.25% p.a.
KES 20,000,000 to KES 24,999,999.99 2.75% p.a.
KES 25,000,000 to KES 29,999,999.99 3.25% p.a.
KES 30,000,000 to KES 49,999,999.99 3.75% p.a.
KES 50,000,000 and above 4.25% p.a.
Foreign Currency Savings Accounts Rates

THE BANK RESERVES THE RIGHT AND DISCRETION TO CHANGE THE RATES BELOW.

MINIMUM
MAXIMUM
USD
GBP
– 4,999

(Minimum interest earning amount)

 NIL NIL
5,000 7,499 0.01% p.a. 0.01% p.a.
7,500 9,999 0.02% p.a. 0.02% p.a.
10,000 24,999 0.03%p.a 0.03%p.aa
25,000 49,999 0.04% p.a. 0.04% p.a.
50,000 99,999 0.05% p.a 0.05% p.a
100,000 249,999 0.05% p.a 0.05% p.a
250,000 499,999 0.05% p.a 0.05% p.a
500,000 Above 0.05% p.a 0.05% p.a

Eligibility & Documents

Eligibility

  • Nationality:
    • Kenyan citizen / Resident
  • Age requirement:
    • Minimum 18 years old

Documents

  • Mandatory supporting documents for Kenyan citizens and Non Kenyan residents:
    • Original / copy of National ID or valid passport
  • SC Mobile
    • Portrait / Selfie
  • In-Branch
    • One passport size photograph
  • If US Person, upload W-8 BEN / W-9 BEN form
  • If US Green Card holder, upload W-9 BEN
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IPHONE AND ANDROID APPS

Open an Account anytime, anywhere with our award-winning iPhone and Android mobile banking apps.

FAQs

  • There are no monthly fees or charges on this account.

  • The interest rate offered on your savings account will vary from time to time subject to the applicable law. The larger your savings balance, the more interest you earn.

  • You can only transact once per month.

Terms & Conditions