Bank Zero vs TymeBank.
Bank Zero (B50/100) and TymeBank (T50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Bank Zero leads TymeBank 1-0.
| B Bank Zero №75 · SARB 50 /100 | T TymeBank №73 · SARB 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 50 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 2.00% | 2.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. SARB | Payment inst. SARB |
| Deposit guarantee Per depositor | Safeguarded ZA.CODI | Safeguarded ZA.CODI |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.5 ★ iOS 4.5 · And 4.4 | 4.3 ★ iOS 4.4 · And 4.3 |
| Read review → | Read review → | |
Pick Bank Zero if…
South Africa's first fully-digital mutual bank — SARB-licensed since 2018, operationally live since 2021. Founded by ex-FNB executives (Yatin Narsai, Michael Jordaan). Owner-operator model: no shareholders, profits flow back to depositors via lower fees and competitive sub-account interest. The fee-free counterpart to Discovery Bank's premium tier-based model.
Pick TymeBank if…
First South African full-bank digital launch (2018). Tyme Group's flagship product — the same operator behind GoTyme (PH). Pick n Pay + Boxer in-store card kiosks differentiate vs. all-app competitors. SARB-regulated full bank, CODI ZAR 100,000 cover. ~9M ZA customers.
- Best for fees Tied
- Best for protection Tied
- Best for reach Tied
- Best for ux Bank Zero won 1 of 2
Bank Zero vs TymeBank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Bank Zero better than TymeBank?
Under our v3 methodology, Bank Zero leads TymeBank 1–0 across 12 dimensions. Composite scores: Bank Zero 50/100 vs TymeBank 50/100. Bank Zero is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Bank Zero or TymeBank cheaper?
Monthly fee — Bank Zero: €0; TymeBank: €0. Card FX markup — Bank Zero: 2.00%; TymeBank: 2.00%. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Bank Zero or TymeBank?
Bank Zero holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. TymeBank holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Both score equally on regulatory protection rows.
Where can I use Bank Zero and TymeBank?
Bank Zero operates in 1 country; TymeBank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.