Accounts
Mzansi-preneurs know that business banking is about keeping your money and your hustle money apart
Vula iEveryDay Business account online in less than 5 minutes. No paperwork and no monthly fees. It’s a great way to get your business banking done.
Why open an EveryDay Business bank account with us
Keep the hassle out of your hustle. Get bank statements and proof of account noma nini
Save on cash handling fees. Withdraw money mahala and your first cash deposit is FREE
Earn Smart Shopper points EVERYWHERE you shop and DOUBLE in Pick n Pay stores
learn moreOpen 10 GoalSaves for your business goals and 10 for your personal goals. Earn up to 7%* interest per year
Learn morePay multiple vendors, employees (anybody) straight to their bank account or Mzansi cellphone number
Coming SoonA free app to manage stock lists, sales history and customer lists. Appsolutely simple. Tap-tap.
Coming soonSkip cash handling worries. POS devices that put the money straight into your account
Coming SoonKeep things between the you-you and the business-you tight
The EveryDay Business account won’t tie you up in red tape. It’s easy to open and it offers all the essential banking needs for your business.
Your customers only pay for what they buy. The same with us. You get a bank account with no monthly fee and low to no transaction fees.
Don’t have an EveryDay Personal account?
Open yours now.
Just some of what you get mahala
- Monthly bank fee
- Debit card purchase transactions
- Online purchase transactions
- Bulk payments (TymeBank to TymeBank and TymeBank to non-TymeBank)
- First till point deposit
Pay only for the banking you use
R3
R3 FEE
- Cash withdrawal with debit card at till point @ other retailers
- Debit card balance enquiry at ATMs
R6
R6 FEE
- The first cash or Visa debit card deposit free.
- Thereafter, each deposit made at Pick n Pay and Boxer till points is R6 per R1 000 or part thereof
R10
R10 FEE
- Withdrawing cash at an ATM (R10 per R1000)
- Late payment reversal to TymeBank
Tell us more. Get more
The EveryDay Business account is linked to your Personal account profile, making it easy to see which money is yours and which money belongs to your business. It’s a cleva way for VAT and non-VAT registered sole traders to bank.
It also means that your limits are shared between your Personal and Business accounts.
Note: The more we know about you, the more we can give you, which is why you need to have a ‘Getting to Know You’ or a ‘Good Friends’ bank profile with us to open a business account.
To update your profile, visit a TymeBank kiosk and confirm your name, ID number, thumbprints, residential address and more (no documents required).
Pay anyone outside TymeBank in a flash
Looking for a quick, easy way to send an immediate EFT? You asked for it, and we delivered; immediate bank-to-bank payments have arrived in the TymeBank app. Just look out for the Immediate EFT toggle next time you’re paying someone.
Login and transact
How to get the most out of your account
Login
Paperwork is not for today’s Mzansi-preneurs. Just login to your EveryDay Personal account using online banking.
Answer a few questions
Click on open an EveryDay Business bank account and answer some basic q’s to create your account
Collect your card
Visit any TymeBank kiosk at a Pick n Pay or Boxer store to get your free personalised Visa debit card.
You must be an existing TymeBank Personal EveryDay account holder with your details verified at a TymeBank kiosk. This means you need to have opened your account and also received your TymeBank debit card from a kiosk at a Pick n Pay or Boxer store.