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fixed-deposit.

Meet your goals with a fixed deposit investment

Invest from eight days to five years — and achieve your goals, no matter what they are.

Your interest rate is fixed for the entire term of your investment.

Interest can be paid on maturity, monthly, quarterly, annually or bi-annually.

You can invest any amount with a minimum of R1 000.

Applying for the Fixed Deposit Account
When applying, you will need:

Your South African ID

Proof of residence (not older than three months)

Apply now
What you need to know
Choose your own investment term — anything from eight days to five years

If you are over 55, and invest up to R100 000 for 12 months or longer, you will qualify for bonus interest

Get an overdraft or loan of up to 80% of your balance

See the interest rates

for our fixed deposits

	>8 days	1 – 6 months	7 – 11 months	12 months	>13 months	18 months	>19 months
R1 000 – R100 000	3.25%	5.70% - 6.90%	7.05% - 7.60%	7.80%	7.80%	8.10%	8.10% - 8.50%
R100 001 –- R999 999.99	3.25%	5.75% – 6.95%	7.10% - 7.65%	8.30%	8.30%	8.60%	8.60% - 9.00%

Last reviewed on 01 January 2019

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