Maximum nominal interest rate over 12 months
Minimum opening deposit of R5 000
You get instant access to your savings in case of emergencies or unforseen expenses.
Get immediate access to your money
Set up regular transfers into your account with a Scheduled Transfer
There are no monthly fees
No Risk. Your original deposit and quoted returns are 100% guaranteed
Deposit or withdraw any amount, at any time, from anywhere
Payments to third parties are allowed
(based on availability of funds)
Reinvest or transfer your interest to another account
Open and manage your account online
Add to your eBucks reward level points
Must be a South African citizen
Published at 2022-05-20
Amount | Nominal Interest Rate (per annum) | Annual Effective Rate |
---|---|---|
R5 000 - R19 999 | 1.50% | 1.51% |
R20 000 - R29 999 | 3.00% | 3.04% |
R30 000 - R39 999 | 3.00% | 3.04% |
R40 000 - R49 999 | 3.00% | 3.04% |
R50 000 - R59 999 | 3.05% | 3.09% |
R60 000 - R69 999 | 3.05% | 3.09% |
R70 000 - R79 999 | 3.10% | 3.14% |
R80 000 - R89 999 | 3.10% | 3.14% |
R90 000 - R99 999 | 3.10% | 3.14% |
R100 000+ | 3.15% | 3.20% |
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Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
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