Savings Accounts

Timiza Savings Account Details

Rates available from as of November 2023
Customise your results to find loans you're eligible for by answering 5 more questions
Customize Results
Money254 strives to provide relevant and accurate product information, which Money254 obtains directly from each institution’s tariff guide. If you believe a product’s details are incorrect, please report the product to Money254.

Timiza

Timiza savings Account
Interest Rate
5
%
-
5
%
(per year)
Min Interest Earning Balance
Ksh
100
Interest Payout
Quarterly
Withdrawal Limit
Monthly
No account fees
visit website

‍Account Fees

  • ‍‍Withdrawal fees: 0
  • Maintenance fees: 0
  • Statement fees: 0‍

Account Details:‍

  • Minimum Opening balance: 100
  • Interest Payout: Quarterly
  • Withdrawal frequency: Thrice per Quarter
  • Currency options: KES
  • Account opening process: APP/USSD‍

Documentation Requirement:‍

Money254 Review

Pros:

  • ‍‍Easy to open an account(App or USSD)
  • 3 withdrawals a quarter(1 free M-pesa withdrawal per quarter)
  • Bonus of up-to 4% if withdrawals don't exceed 3 a quarter

Cons:

  • Withdrawal charges of ksh32 from Timiza Wallet to M-pesa Account

Use Money254's free search to view the best Savings Accounts available in Kenya today

We have aggregated all of the flexible Savings Accounts from Kenya's top financial institutions.
See all Savings

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

Learn more about savings accounts with these recent articles from the Money254 blog:

How I Used My Sacco Loan to Earn Passive Income from Treasury Bonds 
Savings Accounts

How I Used My Sacco Loan to Earn Passive Income from Treasury Bonds 

October 25, 2024
I Copied Someone's Business Idea and Lost Ksh400,000. Here's What I Learned 
Savings Accounts

I Copied Someone's Business Idea and Lost Ksh400,000. Here's What I Learned 

October 23, 2024
Money Confessions: When Friendship Costs You More Than You Bargained For
Savings Accounts

Money Confessions: When Friendship Costs You More Than You Bargained For

October 4, 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
The Cost of Starting a Business in Kenya: All The Taxes and Fees You Pay
Savings Accounts

The Cost of Starting a Business in Kenya: All The Taxes and Fees You Pay

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

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

September 30, 2024
Breaking Down the Taxes You Pay When Building a House in Kenya 
Savings Accounts

Breaking Down the Taxes You Pay When Building a House in Kenya 

September 27, 2024
I Almost Got Married Only to Leave Him Because of His Money Habits
Savings Accounts

I Almost Got Married Only to Leave Him Because of His Money Habits

September 20, 2024

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.