Saving to invest with a group of people is easy with the Investment Club Account. It is suitable for groups that want to work together to create wealth.

Find your nearest branch


Online Banking registration.


Minimum two signatories to open the account.


Access your e-statement on Online Banking.

  • Applying for an Investment Club Account

    You need two or more members to open the account and the following documents:

    • The IDs of elected group members who will act as signatories 
    • Proof of residence for elected group members (not older than three months)
    • Your initial R100 investment to open your account
  • Features of the Investment Club Account

    • All you need is an initial deposit of R100 to open your account
    • You need two or more members to open the account
    • NotifyMe alerts can be sent to up to three signatories
    • You pay no monthly management fees
    • Register for internet banking to reduce fees
    • The group benefits for the Investment Club Account are not for individual use
    • Tiered interest rate, the higher your balance the higher interest you earn

    Manage my account online:

    • Register for Online Banking and enjoy some of these group benefits:
      • Pay out members anywhere anytime using EFT on Absa Online
      • Access an electronic statement on Online Banking
      • Track member contributions
      • Reduce some transactional fees


See the interest rates

for our Investment Club Account
Balance tier Investment Club
R0.01 - R4999 7.05%
R5 000 - R9 999 7.05%
R10 000 - R24 999 7.25%
R25 000 - R49 999 7.70%
R50 000 - R99 999 7.80%
R100 000 - R9 999 999 999 999.99 7.80%

Last reviewed on 26 May 2023

All interest rates are expressed as a percentage per annum and are indicative rates subject to change. View our product term sheet.

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