Published at 2023-05-30
| Amount | Nominal Interest Rate (per annum) | Annual Effective Rate |
|---|---|---|
| R100 000+ | 8.25% | 8.57% |
Published at 2023-05-30
| Date of change | Nominal Interest Rate (per annum) | Annual Effective Rate |
|---|---|---|
| 30-May-23 | 8.25% | 8.57% |
| 04-Apr-23 | 7.75% | 8.03% |
| 30-Jan-23 | 7.25% | 7.50% |
| 28-Nov-22 | 7.00% | 7.23% |
| 30-Sep-22 | 6.25% | 6.43% |
| 02-Aug-22 | 5.60% | 5.75% |
| 26-Jul-22 | 5.05% | 5.17% |
| 15-Jul-22 | 5.00% | 5.12% |
| 08-Jul-22 | 4.95% | 5.06% |
| 30-Jun-22 | 4.90% | 5.01% |
| 23-Jun-22 | 4.85% | 4.96% |
| 21-Jun-22 | 4.80% | 4.91% |
| 13-Jun-22 | 4.75% | 4.85% |
| 06-Jun-22 | 4.70% | 4.80% |
| 01-Jun-22 | 4.65% | 4.75% |
| 25-May-22 | 4.60% | 4.70% |
| 12-May-22 | 4.55% | 4.65% |
| 04-May-22 | 4.50% | 4.59% |
| 12-Apr-22 | 4.40% | 4.49% |
| 1-Apr-22 | 4.35% | 4.44% |
| 23-Mar-22 | 4.30% | 4.39% |
| 10-Mar-22 | 4.25% | 4.33% |
| 25-Feb-22 | 4.20% | 4.28% |
| 18-Feb-22 | 4.15% | 4.23% |
| 04-Feb-22 | 4.10% | 4.18% |
| 21-Jan-22 | 4.05% | 4.13% |
| 30-Dec-21 | 4.00% | 4.07% |
| 14-Dec-21 | 3.95% | 4.02% |
| 29-Nov-21 | 3.90% | 3.97% |
| 04-Nov-21 | 3.85% | 3.92% |
| 07-Sep-21 | 3.80% | 3.87% |
| 16-Jul-21 | 3.75% | 3.82% |
| 12-May-21 | 3.70% | 3.76% |
| 24-Dec-20 | 3.65% | 3.71% |
| 01-Dec-20 | 3.70% | 3.76% |
| 19-Nov-20 | 3.75% | 3.82% |
| 10-Nov-20 | 3.80% | 3.87% |
| 02-Nov-20 | 3.85% | 3.92% |
| 27-Oct-20 | 3.90% | 3.97% |
| 19-Oct-20 | 3.95% | 4.02% |
| 13-Oct-20 | 4.00% | 4.07% |
| 07-Oct-20 | 4.05% | 4.13% |
| 02-Oct-20 | 4.10% | 4.18% |
| 28-Sep-20 | 4.15% | 4.23% |
| 21-Sep-20 | 4.20% | 4.28% |
| 16-Sep-20 | 4.25% | 4.33% |
| 09-Sep-20 | 4.30% | 4.39% |
| 04-Sep-20 | 4.35% | 4.44% |
| 02-Sep-20 | 4.40% | 4.49% |
| 20-Aug-20 | 4.50% | 4.59% |
| 18-Aug-20 | 4.55% | 4.65% |
| 14-Aug-20 | 4.60% | 4.70% |
| 12-Aug-20 | 4.65% | 4.75% |
| 06-Aug-20 | 4.70% | 4.80% |
| 03-Aug-20 | 4.75% | 4.85% |
| 29-Jul-20 | 4.80% | 4.91% |
| 23-Jul-20 | 4.85% | 4.96% |
| 20-Jul-20 | 4.90% | 5.01% |
| 15-Jul-20 | 4.95% | 5.06% |
| 10-Jul-20 | 5.00% | 5.12% |
| 08-Jul-20 | 5.05% | 5.17% |
| 03-Jul-20 | 5.10% | 5.22% |
| 30-Jun-20 | 5.15% | 5.27% |
| 25-Jun-20 | 5.20% | 5.33% |
| 23-Jun-20 | 5.25% | 5.38% |
| 19-Jun-20 | 5.30% | 5.43% |
| 18-Jun-20 | 5.35% | 5.48% |
| 12-Jun-20 | 5.40% | 5.54% |
| 11-Jun-20 | 5.50% | 5.64% |
| 04-Jun-20 | 5.55% | 5.69% |
| 03-Jun-20 | 5.60% | 5.75% |
| 29-May-20 | 5.65% | 5.80% |
| 27-May-20 | 5.70% | 5.85% |
| 22-May-20 | 5.75% | 5.90% |
| 20-May-20 | 5.80% | 5.96% |
| 15-May-20 | 5.85% | 6.01% |
| 13-May-20 | 5.90% | 6.06% |
| 11-May-20 | 5.95% | 6.11% |
| 08-May-20 | 6.00% | 6.17% |
| 06-May-20 | 6.05% | 6.22% |
| 05-May-20 | 6.10% | 6.27% |
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.
Nominal interest rate over 12 months
Minimum opening deposit of R100 000
Earn a money market fund related rate, plus your capital and quoted returns are fully guaranteed.
Get a money market fund rate, without the risk
Get immediate access to your money
Open and manage your account online
No Risk. Your original deposit and quoted returns are 100% guaranteed
Set up regular transfers into your account with a Scheduled Transfer
Deposit or withdraw any amount, at any time, online or at an ATM
Reinvest or transfer your interest to another account
Payments to third parties are allowed
(based on availability of funds)
Must be a South African citizen
