Home Banking How to Open a Standard Bank MyMo Account

How to Open a Standard Bank MyMo Account


Have you ever imagined having the world of banking at your fingertips and only paying for transactions you make. Open a Standard Bank MyMo Account today and enjoy affordable banking.

Standard Bank MyMo Account

What You Get

  • Flexible fees to meet your everyday needs, paying only for what you use
  • An account with a gold card
  • Reduced rates when you withdraw cash at any ATM or selected retailers
  • Get a Standard Bank Mobile SIM for R5 per month and receive:
    • R50 airtime or 250MB data a month
  • Transact immediately when you open this account on the app
  • Shop online with a Virtual Card on our app, even before you fetch your gold card
  How to Open a Standard Bank Account

Card Features

  • A gold card with a chip – so you can shop securely
  • Free unlimited swipes
  • Your name and card number embossed on your card
  • Tap to Pay functionality for fast, efficient payment at selected retailers

What You Can Do

  • Pay zero data when you bank on the app
  • Transact and manage your account 24/7
  • Get your statements via e-mail and view them online anytime
  • Buy artime, data and electricity using the app, online or at ATMs
  • Send money to anyone with Instant Money using the app, online or at ATMs
  • Use your cellphone to make payments with SnapScan
  Full List of Standard Bank Branches in Durban

What it Costs

  • R4.95 monthly fee
  • Pay only for what you use.


To open a MyMo Account, you need to:

  • Be 16 years or older
  • Be a South African citizen
  • Have a South African ID*
  • Be living in South Africa
  • Download the app or apply online**

How to Open MyMo Account

Open the account on the Standard Bank App in a few easy steps:

  • Download the app
  • Provide the required details
  • Scan your ID smartcard/book
  • Take a selfie
  • Create your password
  • Now you can start banking
  • You’ll receive an SMS when your gold card is ready for collection at your preferred branch
  Full List of Standard Bank Branches in Cape Town



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