An Absa Fixed Deposit Account allows you to make a single deposit invested for a fixed period, at a guaranteed fixed rate of interest. You can choose your own interest frequency and from a wide range of investment periods - from 8 days to 60 months.

Interest guaranteed

You are assured guaranteed interest rates for the investment period. In addition, you can choose your own interest rate frequency.

Choose own investment period

You have a wide range of investment periods to choose from: 8 days to 60 months.

How to get it & what you can expect

Advantages of Fixed Deposit Account
  • 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
Qualifying criteria·      
  • Open an account with a minimum investment amount of R1 000
  • There is no maximum investment amount
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