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. 

Visit your nearest branch

Tell me more

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. 

Apply now

Tell me more

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

View our rates and fees