Omari review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Omari is a digital-only wallet savings and everyday account for businesses and teens in Zimbabwe, regulated by the Reserve Bank of Zimbabwe. It suits users who want a free account, instant in-app payments and savings at a 12% variable rate rather than a wide currency choice.
Key facts
- Best for
- A free, phone-only savings and transfer account for businesses and teens in Zimbabwe.
- Monthly fee
- $0↗
- Currency conversion fee
- 1.75% to 2.5%↗
- Currencies
- 2↗
- Transfer fee
- Send money 1.3% + 2% IMTT = 3.3% total; cash out 1.7%↗
- Legal entity
- Old Mutual Digital Services (Private) Limited↗
- Headquarters
- Zimbabwe↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Business, Teens
- Pricing model
- No monthly fee
- Features
- Digital-only
- Official website
- omari.co.zw
Savings
Money transfer
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- WikidataLinkedInXyoutube.com
Pros and cons
Pros
- Ranks 1 on monthly fee among 500 brands compared, on a no monthly fee model.
- In-app transfers are Instant (in-app, seconds), with bank, cash pickup and wallet ways to receive the money.
- Savings start at $10 and are flexible, opened and tracked from your phone at your own pace.
- Support covers email, phone and help centre.
Cons
- Currencies are thin: 2, which ranks 274 of 379 on our data.
- A digital only service, so all account work happens on your phone rather than in person.
- Conversion costs 1.75% to 2.5% on top of the free monthly account, so the charges sit in the money moves.
Who it suits
- Businesses and teens, the audiences Omari names for its wallet accounts (business and teen).
- Zimbabwe-based users who want a $0 monthly fee and payments that clear in the app (Instant (in-app, seconds)).
- Savers who are content to begin at $10 and watch the balance grow on their phone at their own pace.
Who should look elsewhere
- PayPal Colombia, whose conversion fee of 3% to 4% is higher than the 1.75% to 2.5% here.
- Skrill, at €0 a month, for anyone who does not care about the 12% savings rate.
- Plazo ES, whose €0 monthly fee matches, if you want a savings product rather than a digital only wallet.
How it compares on our data
On monthly fee Omari ranks 1 out of 500 brands compared, and on currency count it sits at 274 of 379. The ranking puts the cost side first and the currency side last, so a reader choosing on price alone lands here, while anyone shopping across many currencies starts near the bottom.
How Omari compares
8.9 vs 8.7
8.9 vs 8.6
8.9 vs 8.0
8.9 vs 8.9
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8.9 vs 8.7
8.9 vs 9.0Skrill's monthly fee is €0, the same as here, so the deciding factor is whether the savings side matters.
8.9 vs 8.7
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8.9 vs 9.3
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8.9 vs 8.1- 8.9 vs 8.1
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Where Omari is available
- Available
- Zimbabwe
- Licence in Zimbabwe
- Reserve Bank of Zimbabwe, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to hold an Omari account?+
The monthly fee is $0. The charges sit on the money side: sending and cashing out are priced at Send money 1.3% + 2% IMTT = 3.3% total; cash out 1.7%, and currency conversion runs 1.75% to 2.5%. Anyone who moves money often should price the transfer and conversion costs before opening, since the account itself is not the expense.
How safe is the money and who regulates the brand?+
Omari is regulated by the Reserve Bank of Zimbabwe, and the legal entity behind the service is Old Mutual Digital Services (Private) Limited. The wallet is aimed at businesses and teens (business and teen), and savings sit in the Omari wallet where you start and track them from your phone at your own pace.
What rate do the savings pay?+
Savings in the wallet carry a headline 12% on a variable rate, so the figure can move. You can begin at $10, and there is no fixed term stated, which suits a balance you want to add to and draw from rather than lock away.
How do I pay in and get money out?+
Payments inside the app are Instant (in-app, seconds). Money comes out to bank, cash pickup and wallet, covering bank transfers, cash pickup, other wallets and cards. It is a digital only service, so every step happens on your phone rather than at a counter.
Who is the account built for?+
Omari lists businesses and teens as its audiences (business and teen). The account is easy access in shape, savings are started and tracked from your phone, and the entry point is $10. That mix suits a young saver opening a first balance or a small trader handling daily payments.
Which currencies can I hold?+
Omari covers 2, which is a narrow range for someone receiving money from several markets. Conversion on the wallet costs 1.75% to 2.5%. If your income or spending spans more currencies than that, a wider multi-currency account is the better fit.
How do I get help if something looks wrong?+
Support runs on email, phone and help centre, so phone and email sit alongside a help centre. Quote Old Mutual Digital Services (Private) Limited, the legal entity named in the terms, in any query about a wallet balance or a savings balance that has not moved as expected.
Sources
- omari.co.zw checked September 26, 2026
Backs: Delivery time, Payout methods
“Send money in seconds to anyone in Zimbabwe”
- omari.co.zw checked September 26, 2026
Backs: Features, Pricing model, Monthly fee, Licences
“Use USSD, WhatsApp, or the Omari app to send, receive, and manage your money anytime, anywhere, on any device”
- omari.co.zw/junior-wallet checked September 26, 2026
Backs: Audience
“The Omari Junior Wallet is a secure digital wallet designed for children and teenagers aged 7 to 17 years”
- omari.co.zw/loans checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type
“our savings feature helps you set money aside securely and effortlessly ... grow your savings at your own pace, all from your phone”
- omari.co.zw/support checked September 26, 2026
Backs: Currency conversion fee, Headquarters, Support channels, Transfer fee
“Omari Zimbabwe (the digital financial services platform powered by Old Mutual) is headquartered in Harare”
- omari.co.zw/terms checked September 26, 2026
Backs: Legal entity
“These terms govern your use of the Omari Wallet, provided by Old Mutual Digital Services (Private) Limited”
- omari.co.zw/wallet checked September 26, 2026
Backs: Currencies
“funds can be received directly into your Omari wallet in either USD or ZWG”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection.
Related by the facts
Guides
Omari
A free, phone-only savings and transfer account for businesses and teens in Zimbabwe.