Reduce your investing risk and enjoy tax free growth
Tax-Free Savings is a great way to invest if you are new to investing and want to maximise your tax benefits while reaping the rewards of a low to medium risk investment. You can invest in select local listed exchange-traded funds with this account.
Monthly fee: None (if you trade at least once every 60 days)
Minimum investment: R250
Brokerage: 0.2% per trade
(All fees are excluding VAT. Statutory trading fees apply)
No tax when you buy, sell or receive dividends
There is a R36 000 annual limit on contributions, and a R500 000 lifetime limit.
Inactivity fee waiver
Perform at least one trade every 60 days and avoid an inactivity fee of R35. This fee is not charged if yearly or lifetime tax-free investment limits are reached.
24/7 secure access to your account
View your portfolio securely online and anytime you want with up-to-date prices, information and research results.
Weekly ETF reports
Keep up-to-date with the latest news and insights on the exchange-traded funds you have invested in.
Access to live prices and detailed fund information
Use live prices and full fact sheets available to help you make informed investment choices. This is to ensure that you have the right tools and knowledge to become a successful and better investor.
Safe custody of your holdings
Get secure execution of your trades, safe custody of your holdings and your un-invested cash.
What is a Tax Free Savings Account with Absa Stockbrokers
Discover what a Tax Free Savings account can offer you
How to get started
1 |
Register online if you don’t already have an account |
2 |
Send any required documents |
3 |
Transfer funds into your trading account or set up debit orders |
4 |
Start growing your portfolio |
What you can invest in tax-free
Other investment account options
Smart Account
Get access to local listed shares, warrants and exchange-traded funds with a seamless trading experience. You also get access to live and delayed prices when you need them, interactive charts, alerts, up to date market information and news.
Exchange Traded Funds
ETFs are collections of different shares, bonds and other instruments and are a single and easy to trade product. Set up a debit order to make regular investments, or invest whenever you want to.
World Trader Account
Open a World Trader Account at no cost when you own a Smart Account with us. Get access to some of the world's largest exchanges and diversify your portfolio internationally.
Need more help
Call us on: 0860 05 04 03
+27(11) 225 8018 (International)
Email:
equities@absa.co.za
