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Fintech offers customers new way to manage medical aid spend

Tami Ngalo – CEO, Oyi

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Until it earns interest it is not a savings account.

You are better of using a Nedbank payu cheque and savings pocket which is free per month, comes with a free debit card and did I mention is free.
The savings pocket earns some interest, not much but its better than getting nailed R7.95 per month for a debit card.

On a side note – Lets assume interest on savings is 2%. You need R4770 saved to make R7.95 per month. So its baffling that these guys are building deposits somewhere, charging a monthly fee, to make money from you.

End of comments.

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