Choose the notice period and the portion of the investment that you want available on demand. We also reward your high balances with high interest rates.

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Immediate access to funds
Immediate access to funds

You have immediate access to the selected portion of your investment.

Cede your funds as collateral
Cede your funds as collateral

Thinking of taking out a loan? You may cede the funds in your Notice Deposit account as security.

Earn more interest
Earn more interest

We calculate your Interest on a daily basis and add it to your investment monthly. The more you save, the more you earn.

Immediate access to funds
Safe investment

Our notice deposits offer you guaranteed returns and peace of mind that your investment is safe.

  • Advantages of Notice Select deposit account

    • You can design your own product by determining your own notice period and liquidity.
    • The more you save the more you earn.
    • You have immediate access to the selected portion of your investment.
    • Interest is calculated daily and added to your investment monthly.
    • Interest can be paid monthly into a designated account of your choice.
    • You select the date on which interest is paid, for example the 20th of each month.
    • You may cede the funds in the account as security against loans.
    • You can make additional deposits at any time.
    • There is no maximum investment period.
  • How to qualify

    • A minimum opening balance of R1 000 is required.
    • You must maintain a minimum balance of R1 000 to receive interest on the account.

Choose from one of our percentage variables:

Percentage variable chosen

Fixed portion of funds available after notice

Maximum portion of funds available without notice

100/0 100% 0%
90/10 90% 10%
80/20 80% 20%
70/30 70% 30%
60/40 60% 40%
50/50 50% 50%

Notice periods applicable are: 7 days, 15 days, 32 days, 45 days, 60 days, 75 days or 90 days

contact

Need more help?

Let one of our consultants assist you.

If you’re an existing customer:

Contact your Relationship Executive or your Enterprise Banker, or log on to Absa Online and click on the Save and Invest tab.

If you’re a new customer or you don’t bank with us:

Call us on:

0860 040 302

Email us at:

savingsandinvestments@absa.co.za
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Chat to a member of our team right here.