Maximum nominal interest rate over 12 months
Minimum opening deposit of R20 000
Access your savings after 7 days' notice.
Access your savings after 7 days' notice
Reinvest or transfer your interest to another account
Open and manage your account online
No Risk. Your original deposit and quoted returns are 100% guaranteed
Payments to third parties are allowed
(based on availability of funds and notice period)
Add money at any time electronically. No cash or cheque deposits allowed.
There are no monthly fees
Set up regular transfers into your account with a Scheduled Transfer
Add to your eBucks reward level points.
Visit www.eBucks.com for details.
Must be a South African citizen
Published at 2022-05-20
Amount | Nominal Interest Rate (per annum) | Annual Effective Rate |
---|---|---|
R 20 000 | 3.75% | 3.82% |
R 30 000 | 4.00% | 4.07% |
R 50 000 | 4.45% | 4.54% |
R 100 000 | 4.50% | 4.59% |
R 250 000 | 4.55% | 4.65% |
R 500 000 | 4.60% | 4.70% |
R 1 000 000 | 4.65% | 4.75% |
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Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
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