Frequently Asked Questions
Sole initiative only 1.
Stokvel group Minimum 3 - Maximum 30
You can open up a sole initiative as the only contributor.
Stokvel is not based on any specific deal. Group savings will determine what you qualify for. You save first then book when you have enough saved up.
We do not offer interest due to the legal implications but will provide exclusive club discounts based on group or individual savings patterns and club progress.
As long as the club has more than R500 in it, it will stay open.
We have partnered up with a very reputable financial institution that brings the added efficiency and effectiveness necessary to allow for the safety and security of all funds contributed toward that dream holiday.
To benefit from exclusive discounts not available to anyone else.
Save towards a trip.
Expert travel advice.
Gradual spend on a holiday.
EFT, Push debits and store cash.
This will be determined by the club there is no minimum or maximum as long as the account exceeds R500 as a total it remains active.
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