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    Home»News Updates» RedSave launched to drive financial inclusion
    News Updates

     RedSave launched to drive financial inclusion

    ZamZam UpdateBy ZamZam UpdateFebruary 7, 2025No Comments2 Mins Read
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     Telecel Ghana has via its cellular mon­ey service, Telecel Money, launched RedSave, a revolutionary digital financial savings account designed to make saving easy, accessible, and rewarding.

    With the overarching intention of driving monetary inclusion and empowering extra Ghanaians economically, Telecel Ghana has partnered with FirstBank Ghana to rework how Ghanaians save by offering a seamless digital platform to be able to earn curiosity straight from their cellular cash wallets.

    RedSave, which gives as much as

     8 per cent annual curiosity, is a crucial step towards rising monetary inclusion, significantly those that have been excluded from entry to conventional banking programs.

    No matter location, any Telecel Money consumer can open a Crimson­Save account immediately with solely a cell phone.

    “We’re thrilled to introduce RedSave as a part of our commit­ment to convey monetary providers nearer to the folks,” Philip Amoateng, Director of Telecel Money and Digital Transformation stated.

    “By working with FirstBank, we’ve created a financial savings answer that isn’t solely accessible however

     rewarding. This initiative offers our clients the instruments to construct a stronger monetary future, rein­forcing our aim of leveraging expertise to enhance lives.”

    Designed to advertise a financial savings tradition whereas guaranteeing that it stays handy and user-friendly, RedSave gives clients comfort. To open a RedSave account, clients merely dial *110# and choose the financial savings possibility. The method is fast and handy, requiring solely a minimal opening steadiness of GH¢5.

    With rates of interest of as much as 8 per cent each year, accrued every day and paid quarterly, RedSave gives a novel method for Telecel Money customers to develop their financial savings with out visiting a bodily financial institution department.



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