INTEREST RATES

SHARES

FIXED PERIOD PAID-UP SHARES

Half Yearly

7.36%

Monthly

7.25%

Effective 27 July 2020

SAVINGS ACCOUNTS

SUPER SAVER

R0 to R4 999

1.25%

R5 000+

2.75%

Effective 1 August 2020

INDEFINITE PERIOD PAID-UP SHARES

Half Yearly

6.05%

Monthly

5.98%

Effective 1 September 2020

OTHER SAVINGS ACCOUNTS

R0 to R9 999

0.75%

R10 000 to R49 999

1.25%

R50 000+

1.50%

Effective 1 August 2020

SUBSCRIPTION SHARES

Yearly

6.05%

Effective 1 September 2020

TAX FREE SAVINGS ACCOUNTS
(yearly and lifetime contribution limits apply)

7-day call

3.50%

Effective 1 August 2020

Super Saver accounts are restricted to a single withdrawal per year
Tax Free Savings accounts may incur a fee of R300 per withdrawal (terms and conditions apply)
Corporate Call details are available on application
Interest rates are quoted per annum, and payment frequency is dependent on the product chosen

TERM DEPOSITS

THIRTY TWO DAY DEPOSITS

R10 000 to 99 999

1.40%

R100 000+

1.90%

Effective 27 July 2020

SHORT TERM DEPOSITS (R5 000 Min)

MONTHS

MATURITY

MONTHLY

2 to 6

2.65 to 2.66%

2.65%

7 to 11

3.28 to 3.29%

3.25%

LONG TERM DEPOSITS (R5 000 Min)

12 to 17

5.90 to 5.98%

5.81%

5.75%

18 to 23

6.15 to 6.23%

6.03%

5.97%

5.90%

24 to 35

6.36 to 6.54%

6.15%

6.07%

6.00%

36 to 59

6.85 to 7.29%

6.42%

6.33%

6.25%

60

8.71%

7.50%

7.36%

7.25%

Effective 27 July 2020