Saving & Investing

 

Depositor Plus

Depositor Plus is a deposit product where you can park excess funds or build an investment balance if you require instant access to your money, while earning a competitive interest rate.

Risk Amount Term
None R 15,000 Instant
 


What are the advantages?

  • The higher the balance, the higher your interest rate will be
  • You can make additional deposits at any time
  • Your Depositor Plus account can be linked to all your Absa accounts
  • You can do inter-account transfers through an ATM, Internet Banking, Cellphone Banking and Telephone Banking (individuals only)
  • You have immediate access to your investment
  • There is no limit on inter-account transfers from Depositor Plus to any of your Absa accounts

How to qualify

  • A minimum initial deposit of R15 000 is required to open the account
  • You must maintain a minimum balance of R1 000 to keep the account open

Contact Saving & Investing
What it Costs
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