Accessing a transactional account or what Letshego terms, a “flexible financial solution”, is a first step towards broader financial inclusion, as customers can save funds as well as pay and get paid. Letshego Bank has launched LetsGo, an ‘All-in-1 solution’ that not only lets customers earn interest on low balances, but also pay and get paid. LetsGo is also set to open doors to greater value-adding options in the medium term, such as insurance, credit, and other positive rewards for customers who manage their money wisely.
LetsGo is a pay-as-you-use solution, where customers will not be charged unnessary high monthly fees and customerscan earn competitive interest rates on lower balances – seven percent interest on balances below N$5,000 and three and a half percent interest on balances above N$5,000.
With the new LetsGo solution customers can access and move their money through their mobile phone using Letshego’s USSD code*140*555#. To increase access LetsGo Customers can withdraw and make deposits at any Woermann Brock Supermarket using WiCode cellphone banking, as well as walk into the Windhoek and Kautura branches, for all cash withdrawals, deposits or request for statements. LetsGo Cards are also accepted by all ATM’s LetsGo is ideal for anyone who is looking for an accessible, simple and flexible financial solution that saves you cash in fees, and doesn’t demand a minimum balance to start earning interest on savings.
Letshego remains committed to understanding and meeting the needs of customers, creating solutions which improve customers’ lives. With the increasing demand for financial services in Namibia, Letshego strives to deliver innovative and inclusive financial solutions, that are appropriate for our customers and inclusive to the needs of the communities they serve.
Letshego Namibia opened its doors in 2000 as Edu Loan providing consumer and micro lending services. In August 2008, the Letshego Group (Letshego Holdings Limited), listed on the Botswana Stock Exchange acquired 100 percent of Edu Loan. The Group subsequently rebranded, and renamed Edu Loan to Letshego Financial Services Namibia. Letshego Namibia is one of 11 markets within Letshego’s regional footprint, actively supporting the Group’s ambition to be Africa’s leading inclusive finance provider.
