CBZ SimpleSaver Account — review & details

In Savings & fixed deposits · By the Rateweb editorial team · How we rate · Details checked 19 Jul 2026

Zimbabwe's largest bank's entry-level savings account — a tiny US$2 minimum deposit and no cost to hold, with interest paid on whatever you save.

Lowest barrier to entry

CBZ SimpleSaver Account

Zimbabwe's largest bank's entry-level savings account — a tiny US$2 minimum deposit and no cost to hold, with interest paid on whatever you save.
★★★★☆
4.1/5 · How we rate
US$2
Minimum Deposit
None to hold the account
Monthly Fee
1%–3.5% per annum (tiered)
Interest Rate
Deposit and withdraw at your convenience
Access
CBZ Bank — licensed commercial bank (RBZ), DPC member
Licence
Starting to save with almost nothing
Best For
Pros
  • Extremely low US$2 minimum deposit
  • No monthly cost to simply hold the account
  • Backed by Zimbabwe's largest banking group
Cons
  • Top interest rate (3.5%) only applies at higher tiers — confirm which tier you'll actually earn
  • No stated bonus or promotional rate
  • Full fee schedule for related services needs checking separately
Visit CBZ Bank

How CBZ SimpleSaver Account compares in savings & fixed deposits

CBZ SimpleSaver Account scores 4.1/5 in our savings & fixed deposits rankings. It's our current top pick in this category. Always compare a few before you decide — see the full savings & fixed deposits comparison.

CBZ SimpleSaver Account
4.1/5 · this page
 Steward Bank Diaspora Savings Account
4.0/5
 NMB Bank NMBSave
3.8/5
Minimum Deposit US$2 — —
Monthly Fee None to hold the account None Waived if balance stays ≤US$100 for up to 30 days
Interest Rate 1%–3.5% per annum (tiered) 2.5% per annum Tiered, calculated on daily balance, paid monthly
Access Deposit and withdraw at your convenience — Unrestricted access to funds
Licence CBZ Bank — licensed commercial bank (RBZ), DPC member Steward Bank (Econet group) — licensed commercial bank (RBZ), DPC member NMB Bank — licensed commercial bank (RBZ), DPC member
Best For Starting to save with almost nothing Zimbabweans abroad saving in USD without a monthly charge Small, active balances that want to dodge the monthly fee
Visit CBZ Bank → Visit Steward Bank Diaspora Banking → Visit NMB Bank →

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