Bank Zero: Purpose, Values, FAQ, Contact Details

Bank Zero is an exclusively digital mutual bank in South Africa. The bank was founded in January 2018 and registered with the South African Reserve Bank in October 2018.

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The use of zero balance accounts helps to prevent excess charges without proper notification and approval


  • Integrity and honesty.
  • Relationships.
  • Respect.
  • Loyalty.
  • Hard work.
  • Teamwork.
  • Community.
  • Confidentiality.


How Does Zero Make Money?

Zero makes money primarily on interchange and interest on deposits. While some users may leave balances on the card that generate interest, Zero isn’t focused on that aspect of the business for revenue generation.

What Is Zero card?

Zero card is a debit card advertising up to 3 percent cash back. It’s great to finally see a real cash back debit card. Zero, a tech start-up based in San Francisco, has developed a hybrid rewards credit-debit card, Zero card, that lets you earn rewards without worrying about overspending.

Is Zero a Credit Card?

Zero was the first modern banking experience to combine the simplicity of a debit card with the rewards of a credit card. Zero was powered by two accounts under the hood, a checking account (Zero Checking) to hold your money and a credit card (Zero card) that made great rewards possible.

Why Did Zero Quit?

In January 2018, hours after Zero was once again ranked 1st on the Panda Global Rankings v4, Zero announced his hiatus from the Smash competitive scene, citing a need for variation in his life and goals. However, during this time he continued to be active in the Super Smash Bros.

Which Bank Account Has No Minimum Balance?

These accounts do not have a minimum balance requirement that customers have to maintain. Interest is provided at the rate of 4% p.a. for all these three accounts.

Contact Details


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  1. Johannes Monanabela

    Looking for employment,
    Worked for African Bank for 14 years as Key Accounts Manager
    Corporate Relations Manager and Branch Manager
    Currently working for Affordable benefits company Ltd
    Selling Clientele services as a Regional sales manager in North West

  2. Hi

    Enquiring of any administration vacancies. I’m in Johannesburg. Have my own transport and is punctual, hardworking and willing to learn.

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