What is GoTyme Bank and how does it work?

GoTyme Bank is a South African digital-only bank that offers a free current account, a Visa debit card, savings products like GoalSave (with advertised rates of up to 10% interest), fixed deposits, and everyday payment tools via a mobile app and in-store kiosks. You open and manage your account primarily in the app, then use your physical or virtual card, instant payments, vouchers, and other features for day-to-day banking.

How much does GoTyme Bank cost?

GoTyme Bank's main current account has no monthly account fee, so you can open and keep the account for free. Specific transactions (such as certain cash services or special payments) may carry fees as set out in GoTyme Bank’s fee schedule and terms.

What countries does GoTyme Bank operate in?

GoTyme Bank operates in South Africa. Accounts and services are designed for South African consumers and the local banking system.

How do I sign up for GoTyme Bank?

You sign up by downloading the GoTyme Bank app on your smartphone, completing digital onboarding with selfie/biometric verification, and opening your free current account in the app. After registration, you can collect your physical Visa debit card at a GoTyme Bank kiosk or Customer Hub.

Does GoTyme Bank have a mobile app?

Yes, Gotyme Bank is available on iOS and Android. You can download Gotyme on the App Store for iPhone, or get it on Google Play for Android.

Who is GoTyme Bank best suited for?

GoTyme Bank is best suited for individual consumers in South Africa who want mobile-first banking with no monthly account fees, digital savings options, and everyday payment and card usage. It is particularly useful if you prefer app-based banking but still value access to physical kiosks and Customer Hubs for card collection and support.

How do I contact GoTyme Bank support?

You can contact GoTyme Bank support via in-app chat, by calling the Customer Care line, or by emailing service@gotyme.co.za. There are also dedicated email addresses for complaints, legal, compliance, feedback, application support, and tip-offs if you need more specific assistance.

Does GoTyme Bank have a plan for teams or businesses?

No, GoTyme Bank does not offer a plan specifically for teams or businesses. It is a consumer-focused bank providing accounts and services for individuals.

GoTyme Bank

Rating: 5
Author: jamesedobor07

🇿🇦 South Africa

A South African digital-only bank for consumers, offering a free current account, GoalSave savings up to 10% interest, instant payments, vouchers, and credit features.

Use it on:Web Android· 4.0 iOS· 4.5

Is GoTyme Bank right for you?

Best for

South African consumers
Fee-free banking seekers
Savings goal planners
Everyday money transfers
Card-first spenders

What it does well

Free current account
High-interest GoalSave
Fast account opening
Instant payments
In-app vouchers

Things to check

10% interest conditions
Credit feature eligibility
Cash withdrawal options
Card delivery timeline
Voucher partner range

GoTyme Bank is a South African digital-only bank for individuals who want a mobile-first current account, savings options, and everyday payment tools without a monthly account fee.

Key capabilities include:

Free current account with app-based onboarding using selfie/biometric verification, plus Visa debit card collection via in-store kiosks
Save and invest with GoalSave (advertised up to 10% interest) and Fixed Deposit accounts
Move money and pay using Instant Payments to South African bank accounts and cellphone numbers, SendMoney vouchers, plus cash access via tills and ATMs; selected actions are available via USSD
Shop and credit options such as virtual card support, Apple Pay, MoreTyme pay-in-3 interest-free instalments (subject to approval), and credit products including personal loans and GrantAdvance

Available on Android and iOS, with a network of kiosks and Customer Hubs for card collection and assistance. Limited web access exists for users with an active legacy internet banking profile.

Target audience: South African consumers seeking digital banking for day-to-day transactions, saving, and access to credit.

Notable in the local market for combining app-based banking with physical support points (kiosks and Customer Hubs), and for disclosing that deposits are insured by the Corporation for Deposit Insurance up to R100,000 per depositor. The bank is an authorised FSP 49140 and a registered credit provider (NCRCP 10774).

As of Jul 6, 2026, GoTyme Bank is rated 4.5 on the App Store from 103 reviews and 4.0 on Google Play from 39.2K reviews with 10M+ installs.

Phone:+27 860 800 900

Social Links:

Categories:

Fintech

Features & Business Model:

b2c neobanks personal-finance savings

Frequently Asked Questions About GoTyme Bank

Recent Reviews for GoTyme Bank

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jamesedobor07

NG · 2 reviews

Jun 4, 2026

I switched to GoTyme Bank to escape costly monthly account fees, and I haven't looked back. The app is clean, fast, and genuinely mobile-first – everything from opening my account to sending money takes seconds.