What is a Sanlam Liquid Debit Card?
With a *Sanlam Liquid Debit Card, your money is invested in the SIM Money Market Fund (SMMF) with the applicable fund interest rates that are generally better than most other transactional bank accounts. Think of the better interest you’ll earn by simply having your salary paid into your *Sanlam Liquid Debit Card account, or the higher interest benefit being added to your “nest egg” whilst you’re saving for that overseas holiday, planned home renovations or whatever else takes your fancy. All this whilst maintaining only a minimum balance of just R200 in your account at all times. Plus, on top of earning cash back into your *Sanlam Liquid Debit Card Account, you also benefit from having 24/7 access to your money whilst also earning comparably higher interest rates on your everyday transactional account.
Your pin-protected Visa Electron debit card is issued by BidVest Bank Limited and you can use it for Cash withdrawals and statements at ATM’s. You can also use it for purchases and cash withdrawals at store merchant cashier points. You have full internet banking options, including online transfers and payments, flexible debit and stop order set-up options. No hidden costs – Competitive and transparent transactional fees. Use your debit card in South Africa and abroad. LiquidRewards® are however only applicable to purchases at the selected merchants.
*Card issued by BidVest Bank Limited
