---
title: "Bank Zero: Mobile Banking in South Africa — Fees"
description: "App-only banking in South Africa with zero monthly account fees and zero transaction fees. Lock cards, block ATM/online/tap, approve bulk pay."
canonical_url: "https://liners.com/bank-zero"
markdown_url: "https://liners.com/bank-zero.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/bankzero/screenshot.webp?v=1780773435622"
published_at: "2026-06-07T12:44:57.239Z"
updated_at: "2026-09-10T09:45:57.742Z"
---

# Bank Zero: Mobile Banking in South Africa — Fees

App-only banking in South Africa with zero monthly account fees and zero transaction fees. Lock cards, block ATM/online/tap, approve bulk pay.

## Breadcrumbs

- [Fintech](/categories/fintech)
- [Bank Zero](/bank-zero)

## Summary

App-only banking with zero-fee accounts and fraud control

An app-only South African mutual bank for individuals and businesses, offering zero-fee accounts, strong card security, debit order alerts, and payment controls.

## Product details

| Field | Value |
| --- | --- |
| Website | https://bankzero.co.za/ |
| Tagline | App-only banking with zero-fee accounts and fraud control |
| Primary country | South Africa |
| Platforms | Web, Android, iOS |
| Average rating |  |
| Published reviews | 0 |
| Verified listing | No |

## About the product

Bank Zero is a South African **app-only digital mutual bank** for individuals and businesses that want day-to-day transactional banking with **zero monthly fees** and app-based control over cards, payments, and debit orders.

Key capabilities include:
- **Card security and controls**: patented protection designed to prevent **card skimming** and **card data theft**, plus in-app controls to lock a card fully or restrict specific channels such as **ATM**, **online**, and **tap-to-pay** transactions.
- **Debit order management**: alerts for **new** debit orders (with the option to reject) and warnings before **existing** debit orders run to help manage cash flow.
- **Business payments and approvals**: **multi-level authorisation chains** configured in the app (drag-and-drop setup) and **Pay Many** bulk payments from one screen, including **CSV upload** and recipient import/export.
- **Everyday integrations**: support for **Apple Wallet** and **Google Wallet** for phone taps and the ability to load the card onto other people’s wallets, plus **Xero** connection to import transactional data. Businesses can also order and link **iKhokha** card machines, with automatic account linking and no monthly machine fees (machine cost paid to iKhokha).

Available on **Android** and **iOS** (no web banking is advertised).

Designed for South African **individuals** and **commercial customers**, including **sole traders**, **CIPC-registered companies**, **NPOs**, **trusts**, and **partnerships**.

Notable in South Africa for its **mutual bank** model (Bank Zero Mutual Bank, **MB0001**, FSP **50870**) and its focus on in-app fraud prevention and payment governance without relying on branches.

## Features

- [Fintech](/categories/fintech): Category
- [B2B](/tags/b2b): Product feature or technology
- [B2C](/tags/b2c): Product feature or technology
- [Bulk Payments](/tags/bulk-payments): Product feature or technology
- [Neobanks](/tags/neobanks): Product feature or technology
- [POS](/tags/pos): Product feature or technology
- [South Africa](/countries/south-africa): Market

## Related pages

- [Alternatives](/bank-zero/alternatives)
- [Reviews](/bank-zero/reviews)
- [Transparency](/bank-zero/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/bank-zero)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)