How to Earn Big with SBM’s Platinum Saver
NAIROBI, Kenya, June 8 - Are you looking for a smart way to grow your savings while keeping your money secure? Whether you're saving for a dream home, an Kenya breaking news | Kenya news today |..
✨ Key Highlights
SBM Bank Kenya has launched its Platinum Saver Account, offering high interest rates to help customers grow their savings efficiently.
- Earn an unbeatable 8.5% interest per annum on balances of Kes 100,000 and above (effective February 2026).
- The account also offers competitive interest rates for USD (4%), GBP (3.5%), and Euro (3%) currency options.
- Key benefits include compounding interest, financial flexibility with limited withdrawals, and accessibility through digital platforms, making it ideal for individuals and groups like Chamas.
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SBM Bank Unveils Rewards, Platinum Saver; KBA Advocates PAYE Cut - June 2026
SBM Bank has launched the SBM Rewards program via its Mfukoni app, allowing customers to earn redeemable points on everyday card spending. The bank also introduced the Platinum Saver Account, offering high interest rates to help customers grow their savings efficiently. Meanwhile, the Kenya Bankers Association is advocating for a uniform Pay As You Earn (PAYE) tax cut across all income brackets, arguing that targeted relief for low-income earners will have a limited economic impact. Additionally, Airtel Kenya has opened four new customer care centres in Nairobi to address the increasing demand for mobile connectivity, digital, and financial services.
