Learn more with Money254’s Savings Accounts Knowledge Hub

Use our Money254 expert guides and blog articles to learn about savings account terms, best practices, and how you can grow your money through savings in Kenya.
Get a Logbook Loan
A Kenyan woman is excited about her Personal Loan search results on Money254 and feeling confident about her financial future.
Savings Accounts

Featured Articles and Analysis

Is Your Chama Growing Wealth? See How I-REITS Can Boost Passive Income
I-REITs offer the advantage of real estate investment without needing large capital outlays. For example, with the Vuka Investment Club, your Chama can invest in I-REITs with as low as Ksh300,000 per year.
3 Types of Accounts to Know When Saving in a Sacco
Here are the essential types of accounts in Kenyan Savings and Credit Cooperatives (SACCOS) that impact your savings and loan access. Learn about the Shareholder Account, Savings Account, and Current Account, their features, advantages, and how to make the most of your Sacco membership
Saving For Your Child's School Fees: Education Insurance Policy vs MMFs
Unlike education policies, where funds are locked in until the policy matures or specific conditions are met, MMFs are highly liquid and allow quick access to funds. MMFs also don't require long-term commitment with regular premium payments. For these reasons, they can benefit parents looking to preserve fees they've already saved.
All You Need to Know About Savings Accounts in Kenya - GUIDE
From minimum interest earning balance, minimum opening deposit to withdrawal limits, interest rates and interest payout frequency, savings accounts available in Kenya vary based on need, ability and intentions of customers. Finding the best savings account for your financial goal can be confusing, but if you get it right, the rewards are worth it.

Learn more about Savings Accounts available in Kenya on Money254

Instantly search savings accounts from established providers in Kenya and compare on the terms that matter most to you.
Show Me the Best Savings Accounts Available

More articles to keep you in the know about Savings Accounts

I Made My First Ksh10K and Levelled up my Mitumba Biz with the M-KOPA X20!
Business Loans

I Made My First Ksh10K and Levelled up my Mitumba Biz with the M-KOPA X20!

October 29, 2024
Is Your Chama Growing Wealth? See How I-REITS Can Boost Passive Income
Savings Accounts

Is Your Chama Growing Wealth? See How I-REITS Can Boost Passive Income

October 3, 2024
My Cousins Transformed Black Tax ‘Mchango’ into a Thriving Investment 
Family Finance

My Cousins Transformed Black Tax ‘Mchango’ into a Thriving Investment 

September 30, 2024
How to Pay Less for Comprehensive Car Insurance With Britam's Motomatic
Insurance

How to Pay Less for Comprehensive Car Insurance With Britam's Motomatic

September 6, 2024
What Moving in With My Boyfriend Taught Me About Money.
Money and Me

What Moving in With My Boyfriend Taught Me About Money.

August 12, 2024
My Brother Missed a Hostel Slot in Nairobi, This Led Me to the Best Investment Decision 
Money Management

My Brother Missed a Hostel Slot in Nairobi, This Led Me to the Best Investment Decision 

August 6, 2024
3 Types of Accounts to Know When Saving in a Sacco
Savings Accounts

3 Types of Accounts to Know When Saving in a Sacco

July 26, 2024
Driving Habits That Are Pushing Up Your Car’s Consumption
Money Management

Driving Habits That Are Pushing Up Your Car’s Consumption

July 25, 2024

Download the new Money254 App and don’t miss out on your next opportunity.

Join 1.5M Kenyans using Money254 to find better loans, savings accounts, and money tips today.
Get it on Google Play

What is Money254?

Money254 is a new platform focused on helping you make more out of the money you have. We’ve created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts have tirelessly collected.  
‍

We’ve just launched but will be adding more product categories and tools over the coming months.

Sign-up to our newsletter and social channels to stay up-to-date!
Learn more about money 254

Keep exploring with other recent articles from across Money254

Top MMFS in Kenya, Based on November 2024 Returns
News and Analysis

Top MMFS in Kenya, Based on November 2024 Returns

December 20, 2024
Do I Move My Retirement Savings from a Sacco to  Retirement Scheme or Use an MMF? Money254 Cash Clinic
Money Management

Do I Move My Retirement Savings from a Sacco to  Retirement Scheme or Use an MMF? Money254 Cash Clinic

December 20, 2024
Use of Credit, Debit Cards Drops to a 6-Year Low
News and Analysis

Use of Credit, Debit Cards Drops to a 6-Year Low

December 20, 2024
KRA Announces Changes in PAYE Deductions, Starting With the December Salary
News and Analysis

KRA Announces Changes in PAYE Deductions, Starting With the December Salary

December 19, 2024
Buying a Ksh30k Phone Upfront Vs Paying Ksh72 Daily on a Pay as You Go Plan
Business Loans

Buying a Ksh30k Phone Upfront Vs Paying Ksh72 Daily on a Pay as You Go Plan

December 19, 2024
Police Officers, Civil Servants to Get Priority in Ksh500 Billion Housing Levy Projects
News and Analysis

Police Officers, Civil Servants to Get Priority in Ksh500 Billion Housing Levy Projects

December 17, 2024
Interest on T-Bills & Bonds Continues to Fall; What it Means for Investors
News and Analysis

Interest on T-Bills & Bonds Continues to Fall; What it Means for Investors

December 13, 2024
World Bank’s Warning on Kenya’s Shadowy PPP Deals as IMF Speaks on Finance Bill 2024
News and Analysis

World Bank’s Warning on Kenya’s Shadowy PPP Deals as IMF Speaks on Finance Bill 2024

December 11, 2024

Don’t see what you’re looking for?

Send us feedback on topics you would like us to write about. We value your feedback.
Send feedback to the money254 team

Stay up to date with your money - download the new Money254 App Today

Get it on Google Play
Download the Money254 app on Google Playstore

Sign up for our newsletter and get weekly money tips to your inbox.

Get updates from the Money254 team on financial news and new Money254 features.
Money254 Logo
DOWNLOAD THE APP
Get it on Google Play
About
CompanyMoney Weekly NewsletterTerms of UsePrivacy PolicyEditorial StandardsPartner with Us
Contact Us
info@money254.co.ke
ABC Place, Waiyaki Way Nairobi
Products
Personal LoansBusiness LoansAuto LoansLogbook LoansInsuranceSavings AccountsCurrent AccountsCredit Cards

Disclaimer: The information that Money254 provides on this website is obtained from publicly available resources and is intended for information or educational purposes only. Money254 strives to keep the information on the website up to date and does not warranty that all the information will be as the financial institutions updated or changed information at all times. Money254 does not own any of the information provided by or obtained from third party financial institutions. Take note that the institutions represented on this website may vary their terms at any time or may offer you terms different to what you have seen on the website due to their own analysis of your individual circumstances or change of terms and you are encouraged to review the specific financial institution’s terms and conditions when obtaining their services or products. Money254 is not a financial institution, insurance provider or financial adviser and is not liable for any decisions any individual makes based on the information provided on the website.  Please refer to our terms and conditions and privacy policy before using this website.