Choosing a bank account
The account you use shapes your credit applications more than most people realise, because your statements are the primary evidence in every affordability assessment. Choosing on fees alone misses half the point.
It must be in your own name, and your salary must be paid into it. Income arriving in someone else’s account is invisible to an affordability assessment, and this single issue blocks more applications than any credit record problem.
Statement access matters. Lenders increasingly retrieve statements electronically, and an account that supports that turns a two-day application into a ten-minute one.
DebiCheck approval through the app matters for the same reason — it is the step immediately before payout, and doing it by USSD or in a branch adds delay.
Then compare fees against how you actually bank. A cheap account with expensive cash withdrawals is not cheap if you withdraw cash weekly. Work from your own statement rather than the marketing.
Related
Sources and last checked
This page explains how ZarCash works rather than citing external material.
Page last checked 10 August 2026. Statutory caps and lender terms change — confirm anything you intend to rely on with the provider or the National Credit Regulator. Found something wrong? Tell us and we will correct it.