We are committed to helping you increase your wealth with our wide range of saving and investing products; and offer competitive rates and fees to help in achieving your goals.

Please be advised that the South African VAT rate will increase to 15% on 1 April 2018. All fees which are subjected to VAT will be adjusted effective 1 April 2018. Absa values your support and remains committed to supporting your financial needs.

  • Savings & Investing Fees

    Automatic travel insurance when buying international return travel tickets can be topped up with a number of options for additional cover.

    Fees

    Download the 2018 Pricing Brochure
    Download the 2018 Pricing Brochure Products no longer on sale
    Download the 2017 Pricing Brochure

  • Interest Rates for less than a R1 000 deposit

     

    >R 1

    >R 50

    >R 100

    >R 500

    >R 1000

    Instant Access

    MegaU

    0.00%

    0.00%

    0.00%

    0.00%

    0.00%

    Club Account

    1.15%

    1.15%

    1.15%

    1.15%

    2 .50%

    TruSave

    0%

    3.45%

    3.45%

    3.45%

    3.45%

    Mzansi

    0.15%

     

     

     

     

    Saving plans

    TargetSave

     

     

    4.15%

    4.15%

    4.15%

    FuturePlan

     

    4.05%

    4.05%

    4.05%

    4.25%

    Term Deposits for 12 months

    Bonus Deposit

     

     

     

     

    6.15%

    Fixed Deposit

     

     

     

     

    7.10%

    Last reviewed on 29 March 2018

  • Interest Rates for between R1 000 and R10 000 deposits

     

    >R1 000

    >R2 000

    >R5 000

    >R6 000

    >R10 000

    Instant Access

    Club Account

    2.50%

    2.50%

    2 .50%

    2.50%

    2.75%

    TruSave

    3.45%

    3.45%

    3.45%

    3.45%

    3.45%

    Saving plans

    TargetSave

    4.15%

    4.15%

    4.15%

    4.15%

    4.35%

    FuturePlan

    4.25%

    4.25%

    4.25%

    4.45%

    4.65%

    Term Deposits for 12 months

    Bonus Deposit

     

     

     

     

    6.30%

    Fixed Deposit

    7.10%

    7.10%

    7.10%

    7.10%

    7.10%

    Last reviewed on 29 March 2018

  • Interest Rates for more than a R10 000 deposit

     

    >R10 000

    >R15 000

    >R20 000

    >R25 000

    >R50 000

    >R100 000

    +R1 000 000

    Easy Access

    Club Account

    2.75%

    2.75%

    2.75%

    2.80%

    3.55%

    4.55%

    4.65%

    TruSave

    3.45%

    3.45%

    3.45%

    3.45%

    3.45%

    3.45%

    3.45%

     

    >R15 000

    >R25 000

    >R75 000

    >R100 000

    >R250 000

    >R1 000 000

    >R 10 000 000

    >R 25 000 000

    Easy Access

    Depositor Plus

    5.20%

    5.95%

    6.05%

    6.10%

    6.25%

    6.30%

    6.50%

    6.20%

    Investor Plus  3.45% 3.45% 3.45% 3.45% 6.90% 6.90% 6.90% 6.90%

     

    >R10 000

    >R15 000

    >R20 000

    >R25 000

    >R50 000

    >R100 000

    +R1 000 000

    Saving plans

    TargetSave

    4.35%

    4.35%

    4.50%

    4.60%

    4.60%

    4.60%

    4.60%

    FuturePlan

    4.65%

    4.65%

    5.05%

    5.55%

    5.55%

    5.55%

    5.55%

    Term Deposits for 12 months

    Fixed Deposits

    7.10%

    7.10%

    7.10%

    7.10%

    7.10%

    7.60%

    7.60%

    Last reviewed on 29 March 2018

       
  • Interest Rates for Dynamic Fixed Deposit

    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balance R1000.00 - R100 000.00 | Fixed Rate
    Liquidity Option
    100/0 6.90% 7.10% 7.15% 7.25% 7.40% 8.10%
    90/10 6.65% 6.85% 6.90% 7.00% 7.15% 7.70%
    80/20 6.60% 6.80% 6.85% 6.95% 7.05% 7.65%
    70/30 6.55% 6.75% 6.80% 6.90% 6.90% 7.45%
    60/40 6.50% 6.70% 6.75% 6.85% 6.74% 7.30%
    50/50 6.45% 6.65% 6.70% 6.80% 6.58% 7.25%
     
    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balance R100 001.00 - R999 999.99 | Fixed Rate
    Liquidity Option
    100/0 6.95% 7.60% 7.65% 7.75% 7.90% *8.50%
    90/10 6.70% 7.35% 7.40% 7.50% 7.55% 8.00%
    80/20 6.65% 7.30% 7.35% 7.45% 7.50% 7.80%
    70/30 6.60% 7.25% 7.30% 7.40% 7.45% 7.75%
    60/40 6.55% 7.20% 7.25% 7.35% 7.40% 7.65%
    50/50 6.50% 7.15% 7.20% 7.30% 7.35% 7.55%
    *10.50% if interest is paid out at maturity
    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balances R1 000 000.00 - R99 999 999 999.99 | Fixed Rate
    Liquidity Option
    100/0 7.00% 7.60% 7.65% 7.75% 7.90% *8.50%
    90/10 6.75% 7.35% 7.40% 7.50% 7.55% 8.00%
    80/20 6.70% 7.30% 7.35% 7.45% 7.50% 7.80%
    70/30 6.65% 7.25% 7.30% 7.40% 7.45% 7.75%
    60/40 6.60% 7.20% 7.25% 7.35% 7.40% 7.65%
    50/50 6.55% 7.15% 7.20% 7.30% 7.35% 7.55%
    *10.50% if interest is paid out at maturity
                 
    Prime-linked rate            
                 
    Balance R1000 - R100 000            
    Prime rate            
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 6.25% 6.45% 6.75% 7.20% 7.45% 7.70%
    90/10 6.05% 6.25% 6.55% 7.00% 7.05% 7.30%
    80/20 6.00% 6.20% 6.50% 6.95% 7.00% 7.25%
    70/30 6.20% 6.15% 6.45% 6.90% 6.95% 7.20%
    60/40 6.15% 6.10% 6.40% 6.85% 6.90% 7.15%
    50/50 6.10% 6.05% 6.35% 6.80% 6.85% 7.10%
                 
                 
    Balance R100 001 - R999 999            
    Prime rate            
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 6.30% 6.95% 7.50% 7.70% 7.95% 8.20%
    90/10 6.10% 6.75% 7.30% 7.50% 7.55% 7.80%
    80/20 6.05% 6.70% 7.25% 7.45% 7.50% 7.75%
    70/30 6.00% 6.65% 7.20% 7.40% 7.45% 7.70%
    60/40 5.95% 6.60% 7.15% 7.30% 7.40% 7.65%
    50/50 5.90% 6.55% 7.10% 7.30% 7.35% 7.60%
                 
                 
    Balance R1 000 000 and more            
    Prime rate            
      6 months 12 months 18 months 24 months 36 months 60 months
    Liquidity option            
    100/0 6.35% 6.95% 7.45% 7.70% 7.95% 8.20%
    90/10 6.15% 6.75% 7.25% 7.50% 7.55% 7.80%
    80/20 6.10% 6.70% 7.20% 7.45% 7.50% 7.75%
    70/30 6.05% 6.65% 7.15% 7.40% 7.45% 7.70%
    60/40 6.00% 6.60% 7.10% 7.35% 7.40% 7.65%
    50/50 5.95% 6.55% 7.05% 7.30% 7.35% 7.60%
    Last reviewed on 30 March 2018            
  • Islamic Term Deposits

    Islamic Term Deposits | Term
    1, 000.00 - 9, 999.99
    10, 000.00 - 100, 000.00
    8 - 31 Days 2.00% 2.00%
    32 - 59 Days 5.71% 5.71%
    60 - 89 Days 5.81% 5.81%
    90 - 119 Days 6.03% 6.03%
    120 - 149 Days 6.25% 6.25%
    150 - 179 Days 6.27% 6.27%
    180 - 209 Days 7.00% 7.00%
    210 - 239 Days 7.18% 7.18%
    240 - 269 Days 7.20% 7.20%
    270 - 299 Days 7.22% 7.22%
    300 - 329 Days 7.24% 7.24%
    330 - 364 Days 7.26% 7.26%
    365 - 394 Days 7.36% 7.36%
    395 - 544 Days 7.43% 7.43%
    545 - 577 Days 7.56% 7.56%
    578 - 729 Days 7.69% 7.69%
    730 - 759 Days 7.83% 7.83%
    760 - 1 094 Days 7.90% 7.90%
    1 095 - 1 124 Days 8.34% 8.34%
    1 125 - 1 459 Days 8.52% 8.52%
    1 460 - 1 825 Days 9.15% 9.15%
    1 826 - 1 857 Days 10.01% 10.01%
    Last reviewed on 05 December 2017( Indicative rates at Maturity)
  • Interest Rates for fixed periods

      >8 Days 1 - 6 Months 7 - 11 Months 12 Months >13 Months 18 Months >19 Months
    >R 1 000
    Bonus Deposits       4.13% 4.08% 4.02%  
    Fixed Deposits 3.25% 5.70% - 6.90% 7.05% 7.10% 7.10% 7.15% 7.20% - 8.10%
    >R 10 000
    Bonus Deposits       4.38% 4.33% 4.27%  
    Fixed Deposits 3.25% 5.70% - 6.90% 7.05% 7.10% 7.10% 7.15% 7.20% - 8.10%
    Last reviewed on 25 January 2018

    Balances between R 10 000.01 & R 100 000

     

    6 Months

    12 Months

    18 Months

    24 Months

    36 Months

    Prime Linked Account 6.75% 6.95% 7.05% 7.35% 7.75%
    Last reviewed on 04 August 2017
  • Interest Rates for Notice Select

    Balance R1000 - R24 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 5.10% 5.15% 5.20% 5.25% 5.30% 5.35% 5.40%
    60/40 5.15% 5.20% 5.25% 5.30% 5.35% 5.40% 5.45%
    70/30 5.20% 5.25% 5.30% 5.35% 5.40% 5.45% 5.50%
    80/20 5.25% 5.30% 5.35% 5.40% 5.45% 5.50% 5.55%
    90/10 5.30% 5.35% 5.40% 5.45% 5.50% 5.55% 5.60%
    100/0 5.40% 5.45% 5.50% 5.55% 5.60% 5.65% 5.70%
    Balance R25 000 - R49 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 5.92% 5.95% 5.98% 6.01% 6.04% 6.07% 6.12%
    60/40 5.95% 5.98% 6.01% 6.04% 6.07% 6.10% 6.15%
    70/30 5.98% 6.01% 6.04% 6.07% 6.10% 6.13% 6.17%
    80/20 6.01% 6.04% 6.07% 6.10% 6.13% 6.16% 6.20%
    90/10 6.04% 6.07% 6.10% 6.13% 6.16% 6.19% 6.22%
    100/00 6.12% 6.15% 6.18% 6.21% 6.24% 6.27% 6.30%
    Balance R50 000 - R249 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 6.00% 6.05% 6.08% 6.11% 6.14% 6.17% 6.20%
    60/40 6.03% 6.08% 6.11% 6.14% 6.17% 6.20% 6.23%
    70/30 6.06% 6.11% 6.14% 6.17% 6.20% 6.23% 6.26%
    80/20 6.09% 6.14% 6.17% 6.20% 6.23% 6.26% 6.29%
    90/10 6.12% 6.17% 6.20% 6.23% 6.26% 6.29% 6.32%
    100/00 6.20% 6.25% 6.28% 6.31% 6.36% 6.37% 6.40%
    Balance R250 000 - R999 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 6.10% 6.15% 6.17% 6.19% 6.21% 6.25% 6.30%
    60/40 6.12% 6.17% 6.19% 6.21% 6.25% 6.30% 6.40%
    70/30 6.14% 6.19% 6.21% 6.25% 6.30% 6.40% 6.45%
    80/20 6.16% 6.21% 6.25% 6.30% 6.40% 6.45% 6.50%
    90/10 6.20% 6.25% 6.30% 6.40% 6.45% 6.50% 6.60%
    100/00 6.30% 6.35% 6.45% 6.50% 6.55% 6.65% 6.70%
    Balance R 1000 000 - R 9 999 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 6.18% 6.20% 6.22% 6.24% 6.26% 6.30% 6.35%
    60/40 6.20% 6.22% 6.24% 6.26% 6.30% 6.35% 6.45%
    70/30 6.22% 6.24% 6.26% 6.30% 6.35% 6.45% 6.50%
    80/20 6.24% 6.26% 6.30% 6.35% 6.45% 6.50% 6.55%
    90/10 6.28% 6.30% 6.35% 6.45% 6.50% 6.55% 6.65%
    100/00 6.38% 6.40% 6.50% 6.55% 6.61% 6.70% 6.79%
    Balance R 10 000 000 - R 9 999 999 999
    Notice Period
      7 Days 15 Days 32 Days 45 Days 60 Days 75 Days 90 Days
    50/50 6.20% 6.25% 6.27% 6.29% 6.31% 6.35% 6.40%
    60/40 6.22% 6.27% 6.29% 6.31% 6.35% 6.40% 6.50%
    70/30 6.24% 6.29% 6.31% 6.35% 6.40% 6.50% 6.55%
    80/20 6.26% 6.31% 6.35% 6.40% 6.50% 6.55% 6.60%
    90/10 6.30% 6.35% 6.40% 6.50% 6.55% 6.60% 6.70%
    100/00 6.40% 6.45% 6.55% 6.61% 6.69% 6.75% 6.85%

    Last reviewed on 29 March

  • Cash Invest Tracker

      R 0.01 - R 12 500 000.00 >R12 500 000.00
    Cash Invest Tracker 7.30% 6.80%
         
    Last reviewed on 27 April 2018    
  • Bonus Interest rates

     
    > 7 Months
    > 12 Months
    >13 Months
    >19 Months
    >25 Months
    >37 Months
    TargetSave 0.50% 1.50% 1.50% 1.50% 3.50% 5.50% - 7.00%
    FuturePlan 1.00% 1.00% 2.00% 2.00% 4.00% 6.00% - 7.50%
    Last reviewed on 29 January 2016

    *Bonus interest is a percentage of the interest you receive at the end of each year in addition to the interest earned.

    * Target Save bonus interest is applicable to accounts opened before 1 March 2008

  • Tax Free Products

    Tax Free Savings

    R 0.01 - R14 999.99

    3.50%

    R 15 000.00 - R 29 999.99

    5.50%

    R 30 000.00 - R 49 999.99

    6.00%

    R 50 000.00 - R 74 999.99

    6.05%

    R 75 000.00 - R 99 999.99

    6.10%

    R 100 000.00 - R 249 999.99

    6.10%

    R 250 000.00 - R 499 999.99

    7.00%

    R 500 000.00 - R 9 999 999 999 999.99

    7.00%

    Last reviewed on 21 July 2017

    *This is the additional interest you receive based on how long you have held the product

    *Applicable to accounts opened on or after 1 March 2008.

  • TargetSave - Age add on

    Age Barriers
    Current rate
    0 - 6 months 0.00%
    7 - 12 months 0.25%
    13 - 18 months 0.50%
    19 - 9999 months 0.75%

    *This is the additional interest you receive based on how long you have held the product

    *Applicable to accounts opened on or after 1 March 2008.

  • Interest rates for products no longer available for sale

    Linked Rate Deposits
    Term Rate
    180 Days 5.49%
    370 Days 5.76%
    Investment Advantage
    From To Rate
    0.01 20, 000.00 0.00%
    20, 000.01 +   6.00%
    Money Builder
    Balance Tiers Rate
    0.01 - 999.99 2.90%
    1000.00 - 19999.99 3.30%
    20000.00 - 99999.99 4.10%
    100000.00 - 499999.99 4.60%
    500000.00 - 9999999999999.99 4.80%
    Active Save
    From To Rate
    0.01 +   0.05%
     
    Youth Save
    From To Rate
    0.01+   0.15%
     
    Easy Save
    From To Rate
    0.01+   0.05%
         
    Senior Save
    From To Rate
    0.01+   0.05%
     
    Savings Call Account
    From To Rate
    0.01 +   1.05%
    32 Day Notice
    Balance Tiers Rate
    0.01 - 99.99 0.00%
    100.00 - 999.99 2.20%
    1 000.00 - 4 999.99 2.75%
    5 000.00 - 14 999.99 2.90%
    15 000.00 - 24 999.99 2.95%
    25 000.00 - 49 999.99 3.45%
    50 000.00 + 3.90%
    *The rates above are applicable from month 13 onwards. In the 1st to 6th month, the rates are 1% higher than above and from the 7th to 12th month, rates are 0.5% higher than above (for balances above R100)
     
    70/30 Account
    Balance Tiers Rate
    0.01 - 49 999.99 0.00%
    50 000.00 - 99 999.99 5.35%
    100 000.00 + 5.85%
     
    90/10 Account
    Balance Tiers Rate
    0.01 - 19 999.99 0.00%
    20 000.00 - 49 999.99 5.25%
    50 000.00 + 5.85%
    Private Banking Money Market Account
    >R100 000  
    6.27%  
    Last reviewed on 29 March 2018  

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