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If there are no transactions, will my Savings Pot be frozen?

Your deposit account and Savings Pot that you opened at ZA Bank will be classified as inactive, where those account have no financial transactions initiated by the Bank for 18 months(such as interest and charges), will be classified as inactive accounts. You will be unable to use the account for any financial transactions, including but not limited to transfer, Add money, place time deposits and loan application. You will therefore need to reactivate your inactive account through the ZA Bank App.

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Questions related to “Savings Pot”
Can I use my Savings Pot for payments?How do I transfer to/from my Savings Pot?When will my Savings Pot interest be credited?Is the savings balance of my Savings Pot is a deposit qualified for protection by the Deposit Protection Scheme?What currency can I deposit into my Saving Pot?