Compare bank accounts in Zambia

By the Rateweb editorial team · How we rate · Product details checked 2 Aug 2026

Compare current and savings accounts from banks and licensed digital banks in Zambia on fees, transfer charges and app features.

⭐ Ratings & awards are Rateweb's independent editorial opinion — how we rate.

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5 results
Best for starting out

Zanaco Xapit

The entry account: no minimum balance and open to anyone earning from K50 a month — the realistic first bank account if you are starting out or paid informally.
K50 – K10,000/month
Income Band
None
Minimum Balance
ZMW only
Currency
Visa Classic
Card
Pros
  • No minimum balance
  • Opens on income from as little as K50 a month
  • Visa Classic debit card with customisable limits, plus mobile and internet banking
Cons
  • Balance capped at K100,000 — you outgrow it
  • Kwacha only, no foreign currency
  • Pays no interest; keep savings in a savings account
Fees, eligibility & documents
Fees
Minimum balanceNone
Maximum balanceK100,000
Monthly feeNot published — ask for the retail tariff guide
View at Zanaco

Zanaco Aspire

The standard salaried account for earners on K5,000–K15,000 a month, with no minimum balance and a Visa Classic card.
K5,000 – K14,999/month
Income Band
None
Minimum Balance
ZMW only
Currency
Visa Classic
Card
Pros
  • No minimum balance
  • Visa Classic debit card, mobile and internet banking
  • Free monthly statements and SMS alerts
Cons
  • Requires a salary of at least K5,000 a month
  • Kwacha only — no multi-currency
  • No interest paid on the balance
Fees, eligibility & documents
Fees
Minimum balanceNone
Monthly feeNot published — ask for the retail tariff guide
View at Zanaco
Best multi-currency

Zanaco Preferred Current Account

Multi-currency from the same K5,000 income band as Aspire — the one to pick if you ever receive dollars, pounds, euro or rand.
K5,000 – K14,999/month
Income Band
ZMW, USD, GBP, EUR, ZAR
Currencies
None
Minimum Balance
Visa Classic
Card
Pros
  • Holds ZMW, USD, GBP, EUR and ZAR
  • No minimum balance
  • Useful if you are paid from abroad or trade cross-border
Cons
  • Needs K5,000 monthly income or average balance
  • No interest on the current account
  • Monthly fee is not published
Fees, eligibility & documents
Fees
Minimum balanceNone
Monthly feeNot published — ask for the retail tariff guide
View at Zanaco

Zanaco Preferred Plus Current Account

The higher tier of the multi-currency account for K15,000+ earners, with a Visa Gold card.
K15,000 – K34,999/month
Income Band
ZMW, USD, GBP, EUR, ZAR
Currencies
Visa Gold
Card
Pros
  • Multi-currency (ZMW, USD, GBP, EUR, ZAR)
  • Visa Gold debit card
  • No minimum balance
Cons
  • Needs K15,000 monthly income or average balance
  • No interest paid
  • Monthly fee is not published
Fees, eligibility & documents
Fees
Minimum balanceNone
Monthly feeNot published — ask for the retail tariff guide
View at Zanaco

FNB Zambia transactional account

Worth comparing for its app and the free "Bank Your Change" round-up that sweeps spare change into savings automatically.
Yes (K1–K50)
Round Up Savings
App and online
Digital Banking
No
Fees Published
Pros
  • Strong digital banking app
  • Free "Bank Your Change" round-up into a Savings Pocket
  • Savings Pocket has no monthly fees
Cons
  • Account fees and minimum balance are not published online
  • Smaller branch network than Zanaco
  • You need the transactional account before the Savings Pocket
Fees, eligibility & documents
Fees
Monthly feeNot published — request the pricing guide
Savings PocketNo monthly fees
View at FNB Zambia

Ratings are Rateweb's editorial opinion. Product details can change — always confirm with the provider before applying. Rateweb may earn a commission on some applications. This is general information, not financial advice.

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