Call Deposit Account
Bank savings account
What is this?
An on-call savings account. Your money earns a return and stays available.
The details that matter for this kind of plan
| Access | Funds available on demand; no notice required to liquidate to a current or savings account |
|---|---|
| Rate publication | Rate pegged on prevailing market rates; bank does not publish a table of rates |
What does it cost you?
| Admin charge | Nothing |
|---|
What if you stop paying?
You can leave the balance to earn interest. There is no monthly fee.
What if you need the money early?
You can move money any time without notice. Any cash-handling fees are in the bank’s tariff.
Who this suits
You want access to your cash with no notice and no monthly fee.
You want a fixed rate for a set term. Stanbic does not publish a public rate table for this account.
How openly does this company explain its charges?
- What do they charge you every year?No yearly charge is printed in the sources we checked.
- What is taken off the money you pay in?They do not say how much of each payment is taken before it is invested.
- What does it cost to get out early?No exit penalty is printed in the sources we checked.
- What is the smallest amount you can start with?KES 20,000.
- How long is your money tied up?They do not say how long you are tied in.
- Is the advertised return before or after their charges?This product does not advertise a return.
- Do they warn you the return is not guaranteed?This kind of product does not advertise a return.
- Do they tell you what you get back if you stop early?You get whatever your money is worth on the day. There is no schedule.
- Do they list what is not covered?This is not insurance, so there is nothing to exclude.
- Are all their charges published?Yes, every charge they mention has a figure against it.
- Do they say who regulates them?They do not say who supervises them.
This grades how openly things are explained, not whether the plan is good or bad. See how we work it out.
Compared with the others
There are 23 other plans of this kind on the board. See all 24 side by side — what each one leaves you with, and which of them will not say.
What the documents actually say
Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.
“An initial deposit of Kes. 20,000 is required or its forex equivalent”
“Funds available on demand and no notice required for liquidation to current or savings accounts”
“No monthly fee charged”
“Qualifying interest / Interest | 15% | 15% | Final for individuals (from financial institutions listed in the Income Tax Act)”
Where we got this
- Stanbic_Call Deposits Account_Factsheet (PDF)the company itselfRead on 2026-08-22
- Call deposit account | Stanbic Bank Kenyathe company itselfRead on 2026-08-22
- KRA: Withholding Tax – Qualifying interest 15%the regulatorRead on 2026-08-22