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Choose to save
Start by selecting the Savings Account option to set up your Franc Savings account.
Savings that work
Savings that work so you don't have to
Earn up to 7% interest, withdraw anytime, no minimum balance required and stand to win monthly cash prizes.
savings account
How to open a Franc Savings Account
Earn competitive returns with instant access to your cash, prize boosts for consistent saving, and automated tools that keep you on track.
Save to win
Earn chances to win up to R10,000 in monthly cash prizes every time you save. The more you save, the more chances you have to win.
Live interest tracker
Watch your savings grow in real-time with our live interest tracker. See exactly how much interest you're earning daily, calculated and paid monthly.
No lock ins
Access your money whenever you need it with no penalties or fees. Withdraw instantly, anytime, with complete flexibility.
2
Select how you want to save
Set a target to work towards, or just get into the habit of saving regularly. Whichever way you want to save, you can view your Savings Account progress to help you stick to the plan.
3
Start saving
Deposit through the app safely and securely, or by manually transferring from your banking app into your Franc account.
Budget Calculator
Create a personalized budget plan
Enter your monthly income to discover how much you can save and invest each month
Savings account vs banks
How Franc Savings Account compare to traditional bank savings accounts
See why thousands of South Africans are choosing Franc over traditional bank savings accounts.
Regulated by the FSCA
Franc is an authorised Financial Services Provider (FSP 49998), regulated by the FSCA.
Protected by law
Your investments are held in your name and governed by South Africa’s Collective Investment Schemes Control Act (CISCA).
Bank-level security
We use advanced encryption and strict data protection to keep your money and personal information safe.
Savings Account
Frequently asked questions
- The Franc Savings Account is powered by the Allan Gray Money Market Fund (AGMMF), which targets returns higher than a bank deposit while providing access to your money whenever you need it. While very low risk, it is not entirely risk free - losses can occur if an issuer defaults.
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