Flexible Savings Account
Mombo Sacco's flagship individual savings product. Five tiers, competitive profit rates, built-in loans and APA insurance. Launched 2015, enhanced 2019.
Profit Rate
Max Credit
4% p.a
KSh 100K
Profit Rate
Max Credit
4.5% p.a
KSh 500K
Profit Rate
Max Credit
5% p.a
KSh 2M
Profit Rate
Max Credit
6% p.a
KSh 5M
Profit Rate
Max Credit
8% p.a
KSh 8M
The most comprehensive loyalty program in the Sacco industry — real cash rewards for saving consistently.
Monthly Top Saver Prizes
| Tier | Monthly Prize | Annual Award | Upgrade Bonus |
|---|---|---|---|
| Bronze | KSh 100 | KSh 3,000 | — |
| Silver | KSh 250 | KSh 12,000 | KSh 500 |
| Gold | KSh 450 | KSh 18,000 | KSh 1,000 |
| Platinum | KSh 650 | KSh 24,000 | KSh 1,500 |
| Emerald | KSh 900 | KSh 36,000 | KSh 2,000 |
Referral Earnings
| Tier | Referrer Earns | New Member Earns |
|---|---|---|
| Bronze | KSh 100 | KSh 30 |
| Silver | KSh 500 | KSh 200 |
| Gold | KSh 750 | KSh 400 |
| Platinum | KSh 1,000 | KSh 500 |
| Emerald | KSh 1,750 | KSh 750 |
Upgrade bonus paid after 3 consecutive months of consistent minimum savings at the new tier. Annual awards for members who top most months in their tier.
ACCOUNT CLOSURE
Closing your account
No surprises — here's exactly how account closure works
Submit 60-Day Notice via App
Log into the Mombo App, navigate to your savings account and tap "Close Account." Provide a reason and submit. A 60-day notice period begins.
Settle Outstanding Obligations
Any active loan balances or guarantee obligations must be resolved before the refund can be processed. Mombo Sacco will engage you on these if applicable.
Refund Within 30 Days After Notice
After the 60-day period, your full share capital, savings and all accrued interest are refunded within the following 30 days.
All Flexible Savings are insured by APA Insurance. In the event of a member's death or permanent disability, your savings are doubled and paid to your nominated beneficiaries — at no extra cost to you.
This coverage is exclusive to Flexible Savings Account holders and is automatically activated when you join — no separate application needed.
Why Choose Mombo
Better than other Saccos
10-Minute Onboarding
Open your account in under 10 minutes using just your smartphone.
Zero-Fee Flexibility
Upgrade, downgrade or pause anytime — no penalties or extra fees.
Full Transparency
Every transaction visible in real time. T&Cs always on your phone.
M-Community Access
Find guarantors, share milestones and grow with a supportive Sacco community.
Open your Flexible Account today
Download the Mombo App and open your account in under 10 minutes.
Available on Google Play and App Store.