How to Start Small and Earn Big with SBM’s Platinum Saver
Are you searching for a smart way to grow your savings while keeping your money safe? Whether you're planning for a dream home, building an emergency fund, or securing your child’s future, SBM Bank Kenya’s Platinum Saver Account is designed to help you achieve your financial goals with ease. With competitive interest rates and flexible access to your funds, this account ensures your money works harder for you.
Why Choose the SBM Platinum Saver Account?
A savings account should do more than just store your money—it should help it grow. The Platinum Saver Account stands out by offering market-leading interest rates, ensuring you get maximum returns on your savings.
- High-Interest Earnings to Boost Your Savings
The SBM Platinum Saver Account offers some of the best interest rates in the market:
- KES Account: Earn an impressive 10% per annum on balances above Ksh 100,000.
- USD Account: Get 4% per annum on balances above $1,000.
Even if your balance is below these amounts, you can still earn attractive interest rates of 4% (KES) and 3% (USD), making every deposit count towards your financial growth.
- The Power of Compounding Interest
With monthly interest crediting, your savings grow exponentially over time. If you deposit Ksh 100,000 today, by the end of the year, you will have Ksh 110,000—without lifting a finger! The longer you save, the more your money multiplies, helping you achieve financial milestones faster.
- Financial Flexibility and Easy Access
Unlike fixed deposit accounts that lock in your funds, the Platinum Saver Account gives you the flexibility to access your money when needed. However, to encourage a strong saving culture, withdrawals are limited to one per quarter. Any additional withdrawals within the quarter will adjust the interest rate to 4% per annum for that period.
- Secure, Convenient, and Digital-Friendly Banking
At SBM Bank Kenya, security and accessibility go hand in hand. Your savings are protected, and you can easily monitor your account through the SBM banking mobile app, ensuring full control over your finances anytime, anywhere. Whether you’re making deposits, checking balances, or tracking interest, digital banking ensures a seamless experience.
- Ideal for Business, Groups, and Chamas
Are you part of an investment group, chama, or looking to grow your business savings? The Platinum Saver Account allows groups to leverage high interest rates and compound growth, making it easier to fund big investments like real estate, bonds, or offshore ventures.
Key Benefits of the SBM Platinum Saver Account
- Market-Leading Interest:Earn up to 10% (KES) or 4% (USD) annually.
- Interest on Any Balance:Start saving with any amount and still earn interest.
- Limited Withdrawals:One withdrawal per quarter to encourage a saving culture.
- Monthly Interest Credit:Watch your savings grow every month.
- Available in KES and USD:Flexible currency options to suit your needs.
- Customer service:SBM Bank Kenya is known for its best banking customer service and secure savings solutions.
- Easy Deposits:Use M-Pesa, Pesalink, wire transfers, or in-branch deposits.
- Business Internet Banking:Manage your savings online effortlessly.
Why Saving Smart Matters
With the rising cost of living, having a savings plan is essential. The SBM Platinum Saver Account ensures that you not only save but also grow your wealth over time. Whether it’s for your future home, retirement, or unforeseen expenses, having a high-interest savings account puts you in control of your financial future.
Tips for Maximizing Your Savings:
- Set a Savings Goal:Determine how much you need to save and create a realistic plan.
- Automate Your Deposits:Set up automatic transfers to your Platinum Saver Account to ensure consistency.
- Avoid Unnecessary Withdrawals:Stick to the one withdrawal per quarter rule to maintain your high-interest earnings.
Reinvest Your Earnings: Let your interest compound over time to maximize growth.
Opening an SBM Platinum Saver Account is simple. Visit any SBM Bank Kenya branch or sign up online using the SBM banking mobile app. If you’re an existing customer, you can register via Mfukoni Mobile and Online Banking.
Ready to grow your savings?
Take control of your financial future today! Open your SBM Platinum Saver Account and start earning 10% per annum effortlessly.
📲 SMS ‘Platinum’ to 21972 to get started.
Download the Mfukoni App today
