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Notice deposits Immediate access Access to a portion Fixed deposits

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Personal goals Child's education Emergencies Retirement In retirement Tax-free

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Financial planning

Overview

Encore Account


Premier Select: Comprehensive Pricing Option

Published at 2017-07-24

Tier Credit Interest Rate
R0 - R9 999 0.30%
R10 000 - R19 999 0.55%
R20 000 - R49 999 1.55%
R50 000 - R99 999 3.20%
R100 000+ 0.80%

Youth Account


Published at 2016-03-18

Amount Interest
(per annum)
R1 - R 100 0.00%
R100 - R 1 000 1.40%
R1 000 - R100 000 1.90%
R100 000+ 2.95%

Stokvel Account


Published at 2023-05-26

Amount Interest (per annum) Effective Rate
R1 - R19 999 7.05% 7.28%
R20 000 - R24 999 7.25% 7.50%
R25 000 - R74 999 7.70% 7.98%
R75 000 - R99 999 7.80% 8.08%
R100 000 - R499 999 7.80% 8.08%
R500 000 - R999 999 7.90% 8.19%
R1 000 000 - R5 000 000 8.00% 8.30%
R5 000 000 + 8.25% 8.57%

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Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.


Smart Save Account


Published at 2023-05-26

Amount Interest (per annum) Effective Rate
R100 - R999 5.00% 5.12%
R1 000 - R4 499 5.00% 5.12%
R4 500 - R9 999 5.00% 5.12%
R10 000 - R14 999 5.00% 5.12%
R15 000 - R19 999 5.00% 5.12%
R20 000 - R24 999 5.00% 5.12%
R25 000 -R39 999 5.00% 5.12%
R40 000 - R49 999 5.00% 5.12%
R50 000 - R74 999 5.00% 5.12%
R75 000 - R99 999 5.00% 5.12%
R100 000 - R149 999 5.00% 5.12%
R150 000 - R199 999 5.00% 5.12%
R200 000 + 5.00% 5.12%

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Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.


Savings Account


Published at 2023-05-26

Balance Band Interest (per annum) Effective Rate
R1 - R19 999 7.05% 7.28%
R20 000 - R24 999 7.25% 7.50%
R25 000 - R74 999 7.70% 7.98%
R75 000 - R99 999 7.80% 8.08%
R100 000+ 7.80% 8.08%

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.


Transactional savings accounts


Interest rates

A positive balance has positive returns.