![A guy with an Afro box cut, wearing a sky-blue bomber jacket holds a smartphone as he applies for his Momentum digital savings account via the Momentum Money App.](https://sls-fresco.momentum.co.za/files/images/momentum-money/hero-1-1-immediately-access-your-savings-account.jpg)
Immediately access your savings account
The Momentum Money Digital Savings Account makes it super easy to access your money immediately, without any notice period or penalties. It's made up of a Savings Wallet and a Payment Wallet that work together to make saving more and spending smartly a way of life. We've made it effortless to access your Momentum Money savings:
- Swiping your card
- Scan to Pay
- Send money to other people with Momentum Money
Instant access to your savings
![A bearded African guy wearing a hat excitedly reacts to the 8.7% interest rate offered on the Momentum Money Digital Savings Account.](https://sls-fresco.momentum.co.za/files/images/momentum-money/instant-access-to-your-savings.jpg)
Get great returns and instant access to your money. The money in your Savings Wallet is invested in the Momentum Money Market Fund, one of the best-performing local money market funds. With no minimum deposit or deposit fees, you can save what you want when you want to.
When you need to spend, simply transfer money to your Payment Wallet for instant access.
![A happy elderly white couple walking hand-in-arm on a holiday they saved up for.](https://sls-fresco.momentum.co.za/files/images/momentum-money/conscious-spending.jpg)
Conscious spending
To encourage conscious spending, actively transfer money from your Savings Wallet to your Payment Wallet whenever you want to use your savings. This empowers you to set aside the amount you would like to spend from the savings you would like to continue growing.
![A hand holding a Momentum Money card while the other holds a phone with the money App open as the user transacts by transferring their money into the Payment Wallet.](https://sls-fresco.momentum.co.za/files/images/momentum-money/didnt-spend-it.jpg)
Didn't spend it all? Save it
With Momentum Money, every rand makes a difference. Transfer that little bit of change you didn't use back into your Savings Wallet to earn interest. Let those few extra bucks work for you.
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