Standard Bank Access Bond

Home Loans have changed a lot in recent years, banks now offer home owners a range of different types of bonds. Each type of home loan has its advantages and disadvantages, and therefore to ensure you’re making the right choice you’ll need to know what each product offers.

Types of Home Loans: Access Bonds

Standard Bank Access Bond offers you a unique and effective money management facility. The Access Bond allows you to access any surplus funds in your home loan account. With this home loan product you’ll be able to deposit into and withdraw any extra funds from your mortgage account to any linked account.

The benefits of an Access Bond:

Because interest on a home loan is calculated daily, one of the main advantages to having a Standard Bank access bond is that by depositing some extra money into your account you will be able to reduce the amount of interest charged on your bond.

The extra funds are not locked into your bond though, when ever you need the surplus funds you’ll be able to simply withdraw it.

Savings Account or Access Bond

Why would you want to deposit extra funds into your Bond if you could put it into a Savings Account which will earn interest?

While you will be earning interest on any money saved in your bank account the interest charged on the outstanding amount on your bond is much higher. So it makes more sense to put those extra funds into your mortgage account and lower the amount of interest charged to it.

Remember, You’ll still be able to withdraw those extra funds whenever you need it.

Home Loan Tools:
Apply Online
Bond Calculator 
Prime Interest Rate History

Do you have a question or need more assistance with applying for a Standard Bank access bond?

Need More Help?

For more assistance with regards to applying for Home Loan finance contact one of our consultants.
Complete An Application Form Online
or Email: and Ph: 073 393 1216

11 comments on “Standard Bank Access Bond”

  1. I got a bond loan from std bank of r290000 in 1998 now i want std bank to loan me 30000 to add on my bond

  2. mastoora hendricks

    I have abond with standard bank,how do I change it to a access bond and are there costs involved.Mastoora

  3. I have an existing bond with satndard bank, butwould like to apply for access bond, how do i go about it,do i need to come into the bank or are there other options.

  4. I have a cobined home load, Can my partner apply for an accessbond without my permission.
    Can an accessbond be applied at the same time as when applying for a loan.

  5. I have a 20 yrs homeloan of 750000 with standard bank, which i obtained in May 2010, also have an access bond facility. Will standard bank charge me any penalty if i deposit a big sum close to 650,000 since they will be losing the interest anticipated from that loan if i was to pay for the subscribed 20yrs?

  6. currently we have normal bond and want to apply for access bond facility.we are considering the atm link option.does it mean that we need to build up funds first or do we have access to the funds available as we have been paying over and above the monthly requirement.

    this home loan has been deducted from normal savings account, is this the best account option

  7. I applied and was approved a bond from standard bank on the property i own (not registered yet). I intended using the bond to purchase investment (buy-to-let) flats.

    The consultant at the bank informed me that i cannot drectly apply for an access bond and can only negotiate after the bond has been registered and that all new bonds are approved at prime plus. This turned out to be the case with me since the interest charged on terms and conditions received were 10,35%.

    I have not accepted yet because was not sure if this interest and the fact that i will receive all the money at once would be feasible for my aim.

    Please advice.

  8. Allie:
    1) Sorry to break this to you but after 5 months you will not be owing the bank R700 000. With the system used it will be closer to R749 000 – seriously.

    2)Assuming you are on prime rate of 15.5% your monthly payment should be around R10 000 so you will not be paying in anything extra so you should not be withdrawing funds out of your access bond. You should only take money out of your access bond if you had paid in extra else you’ll go into arrears.Not wise!
    My humble advice: close all savings accounts and excess policies and put every extra cent into your bond or negotiate a better interest rate.

  9. Hi
    I would like to know more about an Access bond.
    What’s the difference between an access bond and normal bond?
    Is the interest rate lower?
    These are just a few questions I have.

    Let me know if it can be answered.
    Thank you

  10. I would like to find out more information about access bonds, property tranfers and sales in general. Particularly involving a co- signing or principal signatory and eventual transfer of the propery to a beneficiary.

    Need to know

Leave a Comment

Your email address will not be published. Required fields are marked *