Not only can you choose the deposit amount and your investment term, but you choose how much money you want immediate access to. You could also choose to receive your interest upfront when you make the investment.

Dynamic Fixed Deposit
Dynamic Fixed Upfront Interest

Features of the product:

  • The capital is guaranteed
  • Choose an interest rate that is fixed or linked to prime
  • You pay no monthly fees
  • The minimum opening investment is above R1 000
  • The investment term is 8 days to 60 months
  • Choose to access of 0%, 10%, 20%, 30%, 40% or 50% of your investment
  • Choose to receive interest monthly, quarterly, half yearly, annually or on maturity
     

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Features of the product:

  • The capital is guaranteed
  • You pay no monthly fees
  • The minimum opening investment is from R100 000.01
  • The minimum investment term is two months (60 days).
  • The maximum investment term is 12 months (394 days)
  • You have no access to the investment capital during the term of the investment
  • Choose to receive all your interest earned upfront or monthly in advance when you open your account

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  • Special offer - Dynamic Fixed Deposit

    New Gold Value Bundle and Premium Banking customers get a preferential interest rate on the Dynamic Fixed Deposit when they move their salary to Absa. To qualify for this offer, move your salary to Absa and:

    • Invest between R10 000 to R1 000 000
    • Choose a term between 2 months and 11 months
    • Choose to access 0% to 10% of your investment

    Email saving@absa.co.za, call 0860 111 515 or visit your nearest branch for more information on this offer.

  • How to access our Notice and Fixed savings during Covid-19

    Should you find yourself in financial difficulty due to the Covid-19 impact and need to access your Notice and Fixed deposit funds. You can call us on 0860 111 515 or email savings@absa.co.za. For the safety of our staff and to meet the social distancing requirements, we will be operating with skeleton staff during the lockdown period, please expect a delayed response.

See the interest rates

for our dynamic fixed deposits

  • Balance R 1000 – R100 000

    Fixed rate
    Investment period 6 months 12 months 18 months 24 months 36 months 60 months
    Balance R1 000 – R100 000
    Liquidity option
    100/0 3.75% 3.75% 3.95% 4.10% 4.50% 5.50%
    90/10 3.50% 3.50% 3.70% 3.85% 4.25% 5.10%
    80/20 3.45% 3.45% 3.65% 3.80% 4.15% 5.05%
    70/30 3.40% 3.40% 3.60% 3.75% 4.00% 4.85%
    60/40 3.35% 3.35% 3.55% 3.70% 3.84% 4.70%
    50/50 3.30% 3.30% 3.50% 3.65% 3.68% 4.65%

  • Balance R100 001 – R999 999

    Fixed rate
    Investment period 6 months 12 months 18 months 24 months 36 months 60 months
    Balance R100 001 – R999 999
    Liquidity option
    100/0 3.85% 4.25% 4.45% 4.60% 5.00% 6.00%
    90/10 3.60% 4.00% 4.20% 4.35% 4.65% 5.50%
    80/20 3.55% 3.95% 4.15% 4.30% 4.60% 5.30%
    70/30 3.50% 3.90% 4.10% 4.25% 4.55% 5.25%
    60/40 3.45% 3.85% 4.05% 4.20% 4.50% 5.15%
    50/50 3.40% 3.80% 4.00% 4.15% 4.45% 5.05%

  • Balance R1 000 000 and more

    Fixed rate
    Investment period 6 months 12 months 18 months 24 months 36 months 60 months
    Balances R1 000 000 – R99 999 999 999
    Liquidity option
    100/0 3.95% 4.25% 4.45% 4.60% 5.00% 6.00%
    90/10 3.70% 4.00% 4.20% 4.35% 4.65% 5.50%
    80/20 3.65% 3.95% 4.15% 4.30% 4.60% 5.30%
    70/30 3.60% 3.90% 4.10% 4.25% 4.55% 5.25%
    60/40 3.55% 3.85% 4.05% 4.20% 4.50% 5.15%
    50/50 3.50% 3.80% 4.00% 4.15% 4.45% 5.05%
Dynamic - Prime-linked rate

  • Balance R1 000 – R100 000

    Prime rate
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 3.00% 3.20% 3.50% 3.95% 4.20% 4.45%
    90/10 2.80% 3.00% 3.30% 3.75% 3.80% 4.05%
    80/20 2.75% 2.95% 3.25% 3.70% 3.75% 4.00%
    70/30 2.70% 2.90% 3.20% 3.65% 3.70% 3.95%
    60/40 2.65% 2.85% 3.15% 3.60% 3.65% 3.90%
    50/50 2.60% 2.80% 3.10% 3.55% 3.60% 3.85%

  • Balance R100 001 – R999 999

    Prime rate
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 3.05% 3.70% 4.25% 4.45% 4.70% 4.95%
    90/10 2.85% 3.50% 4.05% 4.25% 4.30% 4.55%
    80/20 2.80% 3.45% 4.00% 4.20% 4.25% 4.50%
    70/30 2.75% 3.40% 3.95% 4.15% 4.20% 4.45%
    60/40 2.70% 3.35% 3.90% 4.10% 4.15% 4.40%
    50/50 2.65% 3.30% 3.85% 4.05% 4.10% 4.35%

  • Balance R1 000 000 and more

    Prime rate
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 3.10% 3.70% 4.20% 4.45% 4.70% 4.95%
    90/10 2.90% 3.50% 4.00% 4.25% 4.30% 4.55%
    80/20 2.85% 3.45% 3.95% 4.20% 4.25% 4.50%
    70/30 2.80% 3.40% 3.90% 4.15% 4.20% 4.45%
    60/40 2.75% 3.35% 3.85% 4.10% 4.15% 4.40%
    50/50 2.70% 3.30% 3.80% 4.05% 4.10% 4.35%
Dynamic Fixed Upfront Interest rate table

Upfront Interest (monthly)

Term (months) R100 000 – R999 000 R1 million +
2 3.39% 3.44%
3 3.44% 3.49%
4 3.44% 3.49%
5 3.49% 3.54%
6 3.84% 3.94%
7 3.84% 3.94%
8 3.84% 3.94%
9 3.84% 3.94%
10 3.79% 3.84%
11 3.79% 3.84%
12 4.24% 4.24%

Upfront Interest (once off)

Term (months) R100 000 – R999 000 R1 million +
2 3.39% 3.44%
3 3.43% 3.48%
4 3.43% 3.47%
5 3.47% 3.52%
6 3.81% 3.90%
7 3.80% 3.89%
8 3.79% 3.88%
9 3.78% 3.88%
10 3.73% 3.78%
11 3.72% 3.77%
12 4.15% 4.15%

Last reviewed on 13 January 2021

All interest rates are expressed as a percentage per annum and are indicative rates subject to change.

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Need more help?

Let one of our consultants help you get the best account for your needs.

Call us on:

0860 111 515

Email us at:

saving@absa.co.za

Visit your nearest branch