Account
Minimum Balance
Term
Benefits/Features
 
Fixed Deposit
R1 000
8 days to 5 years
  • Investment can be renewed automatically at maturity, at the current market rate
  • Interest rates are guaranteed for the investment
  • You can choose your ideal interest frequency – monthly, quarterly, half yearly, annually or on maturity
  • Interest may be credited to another account
  • You have a wide range of investment periods to choose from: 8 days to 60 months
Tell me more
Dynamic Fixed Deposit
R1 000
8 days to 5 years
  • Choose a rate that is fixed (to receive guaranteed returns) or prime-linked depending on your preferences.
  • Decide how much of your money you want immediate access to: 0%, 10%, 20%, 30%, 40% or 50%
  • A wide range of investment periods (from 8 days to 60 months)
  • Additional interest on balances less than R100 000 for 12 months and longer (if 55 years or older)
  • Additional interest for individual customers who do not access funds from the immediate access portion of their investment
  • Interest is calculated daily and added to your investment monthly
  • Interest can be paid monthly into a designated account of your choice.
  • Save without fees.
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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