Start Saving
Flexible Savings Plan for South Africans - No Fees, No Lock-ins
Build your safety net from just R25 a month, and take your money out whenever you need it.
- No fees and no withdrawal penalties
- Targets CPI + 1% a year on balances over R5,000
- A chance to win R1,000 every month with Save to Win
Authorised FSP 50979 · Regulated by the FSCA
Start Building Your Safety Net – From Just R25/month
Most South Africans don’t have even one month’s salary saved. When an emergency strikes, like a car repair, a medical bill or losing your job, there’s nothing to fall back on. It doesn’t have to be that way.
The Meerkat Savings Plan is a flexible, no-fee savings plan for all South Africans, offered by MyMeerkat FSP (Pty) Ltd, an authorised financial services provider (FSP 50979) regulated by the FSCA.
- Start from just R25 a month
- No fees, no lock-ins: access your money anytime
- Targets a return of CPI + 1% a year on balances over R5,000
- Every R100 you save is an entry into our monthly R1,000 draw
Whether you’re saving for a rainy day, a school uniform or your future peace of mind, starting small is better than not starting at all.
“Most South Africans have never been taught to save, not because they don’t want to, but because the system wasn’t built for them. We built Meerkat to change that.”
David O’Brien, CEO & founder
Why choose Meerkat for savings?
✔ From R25 a month
Start small and save what you can afford. Every cent you put in is yours.
✔ No fees or penalties
No monthly fees and no penalties when you take your money out.
✔ Access your money anytime
Request a withdrawal online whenever you need it. It's paid into your bank account within 3 to 5 working days.
✔ Targets CPI + 1%
On balances over R5,000, the Meerkat Liquid Fund targets a return of CPI + 1% a year, to help your savings keep ahead of inflation.
✔ Save to Win
Every R100 you save gives you an entry into our monthly draw for R1,000, paid straight into your savings.
✔ Save while under debt review
You don't need to be debt-free to start. Building an emergency fund now helps you stay on track.
Got questions first? WhatsApp us on 060 633 7528
Savings FAQs
Everything you need to know to start saving and build a safety net for emergencies.
Is there a minimum amount needed to start saving?
You can start saving from as little as R25 a month.
Are there any fees?
No. There are no monthly fees and no fees or penalties when you take your money out.
How do I withdraw my savings?
Request a withdrawal at any time through the Meerkat online portal at my.meerkat.co.za. Funds are paid into the bank account you provided within 3 to 5 working days, with no penalty.
What return can I expect on my savings?
The Meerkat Liquid Fund targets a return of CPI + 1% a year on balances over R5,000. This is designed to help your savings keep their value against inflation.
What is CPI + 1% and why does it matter?
CPI is the Consumer Price Index, which measures inflation in South Africa. A target of CPI + 1% means the fund aims to grow your savings by 1% more than inflation each year, on balances over R5,000, so your money keeps up with the cost of living.
How does the Save to Win prize draw work?
For every R100 you save, you get one entry into Meerkat's monthly prize draw. The prize is R1,000, paid straight into your savings account. You can earn extra entries by referring friends. Learn more about Save to Win.
Can I save while I'm under debt review?
Yes. You don't need to be debt-free to open a savings plan, and we encourage clients under debt review to build an emergency fund alongside their repayments.
How do I get started?
Click Start Saving to register or sign in at my.meerkat.co.za and set up your savings plan. If you'd rather talk to someone first, request a call back or WhatsApp us on 060 633 7528.
Is Meerkat authorised?
Yes. The Meerkat Savings Plan is offered by MyMeerkat FSP (Pty) Ltd, an authorised financial services provider (FSP 50979) regulated by the Financial Sector Conduct Authority (FSCA).
Got questions? WhatsApp us on 060 633 7528
Save to Win: grow your savings and win
We’ve combined the habit of saving with a chance to win cash. Every R100 you save gives you an entry into our monthly R1,000 draw, so the more you save, the more chances you have. Even if you don’t win, your savings keep growing and you’re closer to your goals.
