(sum)1 Banking Account
It’s never too early to spark your child’s interest in saving and spending wisely. Our (sum)1 Account, designed for kids under 16, comes with fantastic perks and a bank card with zero monthly fees.
No
Monthly Fee
No
Monthly Income Required
What you get
- Exclusive access to Junior Perks so you can spoil your kids at their favourite retailers like Krispy Kreme, Nando’s & Burger King. Plus, get free movie tickets at Ster Kinekor
- Bank card with automatic lost card protection
- Unlimited free swipes at till points
- 10 Free electronic debit transactions a month, including:
- Prepaid airtime purchases
- Electronic inter-account transfers
- Electronic account payments
- Free cash withdrawals up to R1 000 at our ATMs
- Free cash deposits at our ATMs of up to R1 500
- Free balance enquiries when you dial *120*2345#
- Notifications on transactions via MyUpdates
*T&Cs apply
Sum1 – Double Value Campaign T&Cs
Personal transaction accounts T&Cs
General T&Cs
What it Costs
- No monthly fee
- Pay as you transact rates apply after you have used your bundle services for the month.
How to get it
As a parent, you don’t need to bank with us to open an account for your children.
- You can complete the Call me back form
or - You can visit your nearest branch and bring the following documents:
- Your child’s birth certificate*
- Your ID (parent or guardian)
- Proof of residence not older than 3 months
*You must be under 16, and be an SA citizen
GK Benefits
- Attorney discounts with certain attorneys < R2mil – 35%, ≥ R2mil – 50%, Waiving of initiation fee R6032. additional rate benefit to apply approx. 35bps (better rate to apply) On NEW home loans
Tips and guidance
Getting started
Learn to make the most of your new card.
Using your card
Making changes to your card is quick, safe and easy when you know how.
Keeping your card safe
Using your card is one of the safest ways to pay, but you should always take precautions.
Ways to pay by card
Using a credit or debit card gives you various payment options.
