Savings account

Am a member of SCB and need an extra savings account.They have the Safari savings account but you all know the old adage of putting all your eggs in one basket.
Muiganania(eQuity) and Family finance are a no go zone for me.

I have googled the rest of the banks but just to hear from villagers experience,which bank(s) do you think have the best savings account,you can firm up your choice with a reason

My friend go for Sacco’s

1 Like

DTB doesn’t have interest on funds in Savings Accounts :eek::eek::eek:

Victoria commercial bank.
Bank of Baroda
Prime Bank

hehehe pesa kwa wahindi

CFC stanbic,interest is paid monthly

1 Like

Former employee wa FEP ameanza SACCO. Watu wamejoin kwa wingi.

Hawa ni akina nani boss

I am in it,I want to save for rainy day.You know where I can withdraw some cash for use

Fountain enterprises

Hizo ndio vitu unasikia zimeenda Home Afrika way

2 Likes

Business segment of FEP

  1. Technologies
  2. Banking & shopping
  3. Real estate & security services
  4. Hospitality & education

Pillars of a sacco started by former FEP management

  1. Bank
  2. Real estate
  3. Security & IT
  4. Energy
  5. Supermarket
  6. Insurance
  7. Foundation

Fools & their money will soon…

1 Like

hawa ni wale majamaa walikuwa wanasema wako na kila kitu from bank, sagana sijui what and tv stations?

Look for a good sacco wachana na saving ya banks my fren

I am already in a Sacco…I want somewhere I can save money and access it with ease.Saa zingine sacco you have to follow a due process before you get some cash.Like now am being asked to get guarantors to get Kes 50K and my shares are way above that,hence I can guarantee myself.For now I will do as they say but in future I want to avoid that stress

1 Like

basi kama ni hivo open Hekima account na co-op (or a similar ac in any other bank) ile una withdraw once every 3 months.

Barclays, 7.5% p.a

The banks which look like they can collapse anytime offer the most favourable interest rates.

If you want safety and easily access cash, go to a tier one bank, preferably one owned by the government or a multinational (KCB, Co-operative, National Bank, Stan Chart, BBK) if you are paranoid about them collapsing. Hautasumbua. If the amount is less than a million bob, CBK will protect your deposit (there is precedence with Chase na Imperial). If it is above 1M, you may want to spread it to two or more banks.

2 Likes

Its 100k not 1m

Yes. Ni wao.

1 Like