The Old Mutual Money Account is more than just a regular bank account—it gives you two accounts in one. It features a SWIPE Account for everyday transactions and a SAVE Account to grow your savings. This dual-structure system makes it easy to manage your spending and savings all in one place.
- SWIPE Account: Perfect for everyday transactions like purchasing in-store or online, paying for services like DSTV, buying prepaid airtime, or even sending money to other Money Account holders via the QuickPay feature.
- SAVE Account: A dedicated account where you can stash your money and watch it grow over time with competitive interest rates. This separation ensures that you are disciplined in managing your savings without dipping into funds meant for daily expenses.
Key Features of the Old Mutual Money Account
- Send Money: Conveniently send money to friends and family, even if they don’t bank with Old Mutual.
- Prepaid Airtime & Utilities: You can purchase prepaid airtime, data, and electricity straight from your Money Account, simplifying your day-to-day needs.
- DSTV Payments: Seamlessly pay your DSTV bill through the app, removing the hassle of missed payments.
- Salary & Debit Order Switching: Easily switch your salary and debit orders to your Old Mutual Money Account using the online switching service. The process is quick and can be done from the comfort of your home.
How to Fund Your Old Mutual Money Account
Funding your Money Account is flexible, with several deposit options available:
- Salary Deposits: Have your salary paid directly into your account.
- Card or Cash Deposits: Deposit funds at select retailer stores.
- In-App Payments: Use a bank card to make in-app payments.
- In-Branch Deposits: Deposit funds using your card at an Old Mutual branch.
- Bank Transfers: Transfer money from another account to your Money Account.
How Does Old Mutual Bank Work?
While Old Mutual Bank does not exist in the traditional sense, its Money Account is offered in association with Bidvest Bank. This means that when you open an Old Mutual Money Account, you are essentially banking under Bidvest Bank, a licensed South African bank.
Benefits of the Old Mutual Money Account
- Dual Account Feature: Two accounts in one, offering flexibility between spending and saving.
- Easy Salary and Debit Order Switching: Simplifies the process of migrating your financial obligations.
- Low Transaction Fees: Competitive transaction fees, which make everyday banking affordable.
- Comprehensive App: Manage your money on the go with the Old Mutual Money Account app, which offers easy access to banking, payments, and transfers.
How to Open an Old Mutual Money Account
Opening an account is easy and can be done online through the Old Mutual website or by visiting a branch. The process is designed to be user-friendly, and once opened, you’ll have access to a powerful and flexible account that meets both your spending and saving needs.
Overview of Public Universities in South Africa
Here's an overview of some public universities in South Africa, including general admissions requirements and estimated application periods. Keep in mind, specific program requirements and dates can vary significantly, so it's important to check each university's official website for the most current information.
University of Pretoria
- Admissions Requirements: National Senior Certificate with minimum scores in specific subjects related to the chosen program; for international students, equivalent qualifications.
- Application Period: Usually opens in March and closes at the end of July for most programs.
University of Cape Town
- Admissions Requirements: National Senior Certificate with pass levels required for degree study; subject-specific requirements depending on the program.
- Application Period: Application opens in April and closes at the end of July.
Stellenbosch University
- Admissions Requirements: National Senior Certificate with required marks; some programs have additional testing.
- Application Period: Opens in March and typically closes at the end of June.
University of the Witwatersrand
- Admissions Requirements: Matriculation certificate with university exemption; required scores vary by faculty.
- Application Period: Begins in March and ends on the 30th of September.
University of Johannesburg
- Admissions Requirements: Matric exemption with a minimum APS score; specific subject requirements based on the faculty.
- Application Period: Opens in April and generally closes by the 30th of September.
University of the Free State
- Admissions Requirements: National Senior Certificate with specific marks for the program applied to; additional requirements for certain courses.
- Application Period: Typically opens in April and closes at the end of August.
University of Venda
- Admissions Requirements: Completion of the National Senior Certificate with an endorsement for diploma or degree studies; specific APS scores needed.
- Application Period: Usually from May to September.
University of Fort Hare
- Admissions Requirements: National Senior Certificate with university exemption; certain programs may have specific requirements.
- Application Period: Opens around May and closes at the end of September.
University of the Western Cape
- Admissions Requirements: National Senior Certificate with specific performance levels; additional requirements for certain programs.
- Application Period: Generally from May to September.
North-West University
- Admissions Requirements: National Senior Certificate with university exemption; program-specific requirements may apply.
- Application Period: Opens in March and usually closes by the end of August.
Rhodes University
- Admissions Requirements: National Senior Certificate or equivalent; minimum academic performance in certain subjects.
- Application Period: Applications open in April and close at the end of September.
Nelson Mandela University
- Admissions Requirements: National Senior Certificate with required scores for chosen programs; portfolio or additional tests for some faculties.
- Application Period: Opens in April, with a deadline at the end of August for most programs.
Cape Peninsula University of Technology
- Admissions Requirements: National Senior Certificate with specific scores; additional requirements for certain courses.
- Application Period: Opens in May and typically closes by the end of September.
University of Limpopo
- Admissions Requirements: Senior Certificate with endorsement for diploma or degree courses; specific APS scores for different programs.
- Application Period: From April to September.
University of Zululand
- Admissions Requirements: National Senior Certificate with an endorsement for bachelor’s degree studies; specific score requirements for various programs.
- Application Period: Usually between April and November.
Central University of Technology
- Admissions Requirements: National Senior Certificate with specific scores for the chosen field of study; additional criteria for certain programs.
- Application Period: Application period generally starts in May and ends in October.
Vaal University of Technology
- Admissions Requirements: National Senior Certificate with a pass that qualifies for admission to bachelor’s degree, diploma, or higher certificate programs.
- Application Period: Typically from May to September.
Walter Sisulu University
- Admissions Requirements: National Senior Certificate with required scores for chosen programs; additional criteria for certain faculties.
- Application Period: From April to September.
This list provides a starting point for understanding the admissions landscape across South Africa's diverse higher education institutions. Given the variability in programs and requirements, it's crucial to consult each university's website for the most accurate and up-to-date information.