Personal Banking
Business Banking
Private Wealth
Corporate & Investment
Investor Relations
Careers
Contact Us
Notice Interest rate update: Following the MPC decision on 30 Jan 2026, lending and deposit rates have been revised effective 1 Feb 2026. View updated rate schedule →
Authorised FSP · FSP No. 12345 · SARB Regulated

Trusted banking.
Unwavering standards
since 1967.

For over five decades, Meridian Bank has served South Africans with secure, transparent financial services — from everyday transacting to multigenerational wealth management. Regulated. Responsible. Reliable.

SARB Authorised Deposit-Taking Institution
FSCA Regulated · FSP No. 12345
Deposits protected up to R100,000 (DIS)
Indicative Rates — 21 February 2026
Prime Lending Rate
11.75%
▼ 0.25% (MPC Jan 2026)
32-Day Notice Deposit
9.40% p.a.
▲ 0.10% from prev.
12-Month Fixed Deposit
10.25% p.a.
Home Loan (variable)
From 11.75%
USD / ZAR
18.42
▼ 0.12

Rates are indicative and subject to change. Lending rates subject to credit assessment. Terms apply.

57yrs
In Operation
Incorporated 1967
R48.2bn
Total Assets
FY2025 Annual Report
2.4M
Active Clients
Across 9 provinces
AA-
Credit Rating
Moody's South Africa
Products & Services

Comprehensive banking for every life stage

View all products →
Digital Banking

Secure. Efficient.
Always accessible.

01
256-bit SSL Encryption

All digital transactions protected by bank-grade encryption. Our security infrastructure is independently audited and PCI-DSS compliant.

02
Biometric Authentication

Multi-factor authentication with fingerprint, facial recognition, and one-time-PIN verification for every sensitive transaction.

03
Real-Time Fraud Monitoring

Our 24/7 fraud detection engine monitors all account activity. Suspicious transactions are flagged and clients notified immediately.

04
Instant Interbank Payments (RTC)

Real-Time Clearing payments processed within 60 seconds, available 24 hours a day, 365 days a year via all digital channels.

SARB LicensedDeposit-Taking Institution
PCI-DSSCertified Platform
DIS ProtectedUp to R100,000
Savings Rate Comparison
Indicative · Feb 2026
Tax-Free Savings
10.50%
12-Month Fixed
10.25%
32-Day Notice
9.40%
7-Day Notice
7.50%
Standard Savings
5.10%
Rates are variable and linked to the SARB repo rate. Nominal annual rates compounded monthly. Higher balances may qualify for preferential pricing. Subject to change without notice.
Capital Adequacy Ratios
FY2025 · SARB Basel III
CET1 Ratio
12.8%
Total Capital
15.1%
Liquidity Cover
162%
Minimum SARB requirements: CET1 7.0%, Total Capital 10.5%, LCR 100%. Meridian Bank maintains capital significantly above minimum regulatory thresholds.
News & Announcements

Latest from Meridian Bank

All announcements →
Client Testimonials

What our clients say

"

My relationship manager at Meridian has been with me for eleven years. The level of professional continuity and understanding of my financial affairs is genuinely rare in South African banking.

DM
David Molefe
Private Wealth Client · Johannesburg
"

The home loan process was handled with complete professionalism. All disclosures were transparent, the rate competitive, and the transfer completed on the agreed date without a single complication.

NK
Nomsa Khumalo
Home Loan Client · Durban
"

As a business owner, I rely on Meridian for all treasury and transactional banking. Our dedicated relationship banker understands our business and is consistently responsive and solution-focused.

RP
Ruan Pieterse
Business Banking Client · Cape Town
256-bit Encryption
Biometric Login
Two-Factor Auth
PCI-DSS Compliant
24/7 Fraud Monitoring
SARB Authorised
Security Centre →
Open an Account Today

Join 2.4 million South Africans
who bank with Meridian

Open a fully functional cheque account in under 10 minutes using your South African ID and proof of address. No branch visit required.

  • South African ID (barcoded ID or Smart ID Card)
  • Proof of residence not older than 3 months
  • No minimum balance required
  • Must be 18 years of age or older
Open Account

Meridian Bank is a registered credit provider. NCR No. NCRCP6789. Terms and conditions apply. Subject to FICA verification and credit assessment where applicable.