Nominal rate per annum (NACM): This is the annualised interest rate that you will earn daily and is capitalised monthly. This rate does not take into account the compounding interest effect.
Annual Effective Interest rate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
Maximum nominal interest rate over 12 months
Minimum opening deposit of R5 000
An investment account with a fixed term, while giving you access to a portion of your money, within 24 hours
No risk. Your original deposit and quoted returns are 100% guaranteed
Two withdrawals of up to 15% of your invested capital are allowed during the investment term
Add money at any time, from anywhere
Your interest rate is linked to prime lending rate
Open and manage your account online
Payments to third parties are allowed
(based on availability of funds)
No monthly fees
Invest your eBucks into your 12 month Flexi Fixed Deposit
Choose between a 3 or 12 month investment term
Add to your eBucks reward level points
Set up regular transfers into your account with a Scheduled Transfer
Must be registered in South Africa