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 increaseed to 15% on 1 April 2018. All fees that are subject to VAT were 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 2018 Download Fees on Notice 
    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%

    4.55%

    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

    4.15%

    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%

     

     

    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
    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balance R1000.00 - R100 000.00 | Prime Linked
    Liquidity Option
    100/0 6.25% 6.45% 6.75% 7.20% 7.95% 8.20%
    90/10 6.05% 6.25% 6.55% 7.00% 7.55% 7.80%
    80/20 6.00% 6.20% 6.50% 6.95% 7.50% 7.75%
    70/30 5.95% 6.15% 6.45% 6.90% 7.45% 7.70%
    60/40 5.90% 6.10% 6.40% 6.85% 7.40% 7.65%
    50/50 5.85% 6.05% 6.35% 6.80% 7.35% 7.60%
     
    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balances R100 001.00 - R999 999.99 | Prime Linked
    Liquidity Option
    100/0 6.30% 6.95% 7.50% 7.70% 8.20% 8.45%
    90/10 6.10% 6.75% 7.30% 7.50% 7.80% 8.05%
    80/20 6.05% 6.70% 7.25% 7.45% 7.75% 8.00%
    70/30 6.00% 6.65% 7.20% 7.40% 7.70% 7.95%
    60/40 5.95% 6.00% 7.15% 7.35% 7.65% 7.90%
    50/50 5.90% 6.55% 7.10% 7.30% 7.60% 7.85%
     
    Investment Period 6 Months 12 Months 18 Months 24 Months 36 Months 60 Months
    Balances R1 000 000.00 - R99 999 999 999.99 | Prime Linked
    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 29 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 6.50% 6.70% 6.80% 7.10% 7.50%
    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%

    All the above rates were last reviewed on 29 March 2018

  • 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 29 March 2018

    *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  
    5.77%  

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