Tax-Free Shares Account - Share Investing - FNB

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For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

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Corporates + Public Sector

Corporate Public Sector

Pricing + fees

Account fees:
Monthly fees depend on your portfolio size and are subject to annual review

Market value of your portfolio

R0 - R250 000 0.57% per annum (incl VAT)
R250 001 - R999 999 0.51% per annum (incl VAT)
R 1 000 000 + 0.40% per annum (incl VAT)

Transaction fees:

Trade option 1st Trading Day of Month Delayed trades (at 15:00)
Brokerage fee* 0.10% (excl VAT) 0.6% (excl VAT) min R40

The monthly account fee for Tax-Free Shares account is 0.5% per annum charged monthly with a minimum of R20 per month.

Tax-Free Shares

Invest in the top 100 companies on the JSE using Online Banking or the FNB Banking App and pay no tax on capital gains and dividends earned.

What's hot

Pay no tax

All capital gains and dividends earned are tax free.

We choose for you

You dont have to choose your shares, we do that for you.

Affordable investing

Start investing from R300 per month.

Invest monthly or a lump sum

Choose to invest from only R300 per month or a R1000 once off lump sum, or both.

A diversified portfolio

An investment in the Top 100 companies on the JSE gives you the best chance of growth, through the Ashburton Top40 and Ashburton MidCap ETFs.

Available online and on the app

Buy, sell and track your investment online and on the app.

Tax free rules

  • You need a qualifying FNB transactional account
  • Tax-year contribution limit of R36 000
  • Lifetime contribution limit of R500 000
  • A transfer out of the Tax-Free Shares account will be treated as a withdrawal and reported for tax purposes as such

Understanding Tax-Free Shares

A self-help guide to show you how it works


Do you need a bit more information before you start? We've got everything covered from
account opening, funding, investing and maintaining your account.

Self-help guide


Applying made easy

Tax-Free Shares Account

Qualifying criteria

  1. South African tax resident natural persons
  2. FNB qualifying account

Ways to apply

Open now!

Other ways to apply

Complete the call me back form

Contact us

Find a branch

On the FNB Banking App

Documents needed

  • South African ID book/ID card
  • Proof of residence