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