Creating generational wealth, travelling the world, or saving up for early retirement – whatever
your goals are – you can achieve them quicker with our tax-free products. Save up to R36 000
per tax year and R500 000 over a lifetime, tax-FREE.
Tax Free Fixed Deposit
- Opening deposit of R30 000 up to R36 000
- Earn interest tax-free
- Fixed 12-month investment term at a competitive rate
- Move your tax-free savings to Absa, and transfer all your contributions without losing your tax benefits.
Or call 0860 111 515
Tax Free Savings
- Opening deposit of R1 000
- Earn interest tax-free
- Deposit funds anytime you like
- Earn a Digital Bonus Rate when you maintain your account digitally
- Move your tax-free savings to Absa and transfer all your contributions without losing your tax benefits.
Or call 0860 111 515
Contribution limits apply.
Over contribution will result in SARS levying a penalty fee of up to 40%.
You can also get an overview of all our products here