PureSave Account
Bank savings account
What is this?
A savings account you use to build cash reserves. It pays interest and has no monthly fee.
The details that matter for this kind of plan
| Free cash withdrawals per month | 1 over-the-counter cash withdrawal is free each month |
|---|---|
| Interest pays on balances above | KES 5,000+ |
| Extra 1% if no withdrawals for 12 months | Bonus interest for no withdrawals over a 12‑month period |
What does it cost you?
| Admin charge | Nothing |
|---|---|
| Charge for taking money out | not disclosed |
- · One free cash withdrawal per month over the counter; the charge for extra withdrawals is set in the bank’s Pricing Guide but not stated on this factsheet.
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 get one free cash withdrawal at the counter each month. The bank’s tariff sets the charge for extra withdrawals.
Who this suits
You want a basic savings account with no monthly fee and daily interest that is paid monthly.
You want a set interest rate up front. Stanbic does not publish the rate on this page.
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 5,000.
- 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?No. 1 charge is mentioned without a figure.
- 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.
“Deposit the initial deposit of Kes. 5,000”
“Interest calculated daily and paid monthly”
“No monthly fee charged”
“One free cash withdrawal allowed per month (over the counter)”
“Qualifying interest / Interest | 15% | 15% | Final for individuals (from financial institutions listed in the Income Tax Act)”
Where we got this
- PureSave Account | Stanbic Bank Kenyathe company itselfRead on 2026-08-22
- Stanbic_PureSave Account_Factsheet (PDF)the company itselfRead on 2026-08-22
- KRA: Withholding Tax – Qualifying interest 15%the regulatorRead on 2026-08-22