Absa Investment products

Choose an investment or savings product that will match your investment goals. The following savings and investment products offer similar returns to the AMMF.

Self service
Savings Accounts

Simple, easy investment solutions with guaranteed capital.

Tell me more

Self service
Unit Trust Fund Accounts

Low-cost, exposure to market and funds managed by our experts.

Tell me more

Savings accounts

Our savings accounts give you simple investment solutions with guaranteed capital and the flexibility to choose how your funds are held.

Compare the CIT bank account to our savings accounts below:

 
Cash Invest Tracker
Fixed Deposit
Investor Plus
Entry Criteria R0 R250 000 R1 000
Features Returns linked to Prime Returns linked to Prime Fixed returns
Type of investment Demand Deposit Notice Deposit Fixed Term Deposit
Access to funds
  • Use your card to transact
  • Absa Channels; Banking App, Online, ATM, Branch
  • 24-hour withdrawal notice
  • Absa Channels; Banking App, Online, ATM, Branch
  • Access your funds at maturity of selected term
  • Absa Channels; Banking App, Online, ATM, Branch
Capital guaranteed Yes, by Absa bank Yes, by Absa bank Yes, by Absa bank
Investment period Unlimited Unlimited Between 8 days - 5 years

*Since inception, CIT has consistently outperformed the AMMF. However, past performance is not indicative of future performance. Terms and conditions apply.

Unit Trust Fund accounts

Unit Trust funds offer a low-cost simple way of investing. Our funds are managed by experts and generally offer sound returns. The following funds offer similar risk profiles and returns compared to the AMMF.

  Cash Invest Tracker    Absa Prudential Money Market Fund  Absa Core Income Fund  Absa Income Enhancer Fund    
Type of investment Investment account – instantly deposit or withdraw funds 24/7 hours. Use your card to transact.     Unit trust fund. Access to a range of money market instruments across various financial institutions. Unit trust fund. Subject to limitations and restrictions on withdrawals and deposits.       Unit trust fund. Subject to limitations and restrictions on withdrawals and deposits.       
Capital Guaranteed Yes, by Absa bank No No     No  
Access to funds Withdraw funds instantly using ATM, branch, online banking, your banking app, or your card Notice required. Funds available within 48hrs. No access via our bank channels. Notice required. Funds available within 48hrs. No access via our bank channels.     Notice required. Funds available within 48hrs. No access via our bank channels.    
Fees No monthly or annual fees. Only cash transactions have a fee. Annual Management Fee applicable. Annual Management Fee applicable. Annual Management Fee applicable.
Investment Period None     3 Months + 6 Months +    6 Months +   

*Since inception AIT has outperformed the AMMF. However, past performance is not indicative of future performance. Terms and conditions apply.

Review AMMF closure information
  Need more help

   Call Centre: 0860 111 515

Visit your nearest branch