Save and Invest account interest rates

24-hour notice investments

Type: cash withdrawal within 24 hours.

Platinum Invest Account

Interest rates

Published: 19 December 2023

Balance	Nominal rate p/a*	Special promotion - nominal rate p/a**
< R2,500	6.50%	7.05%
R2,500 - R24,999	7.00%	7.55%
R25,000 - R49,999	7.25%	7.70%
R50,000 - R99,999	7.75%	7.85%
R100,000 - R249,999	7.90%	8.60%
R250,000 - R499,999	7.95%	8.85%
R500,000 - R999,999	8.00%	8.85%
R1,000,000+	8.20%	8.95%

Tax-free Savings Account

Interest rates

Published: 27 May 2023

Balance	Nominal rate p/a*
< R2,500	6.50%
R2,500 - R24,999	7.25%
R25,000 - R49,999	7.25%
R50,000 - R99,999	7.75%
R100,000 - R249,999	8.00%
R250,000 +	8.25%

JustInvest Account

Interest rates

Published: 19 December 2023

Balance	Nominal rate p/a*	Special promotion - nominal rate p/a**
< R2,500	6.50%	7.05%
R2,500 - R24,999	7.00%	7.55%
R25,000 - R49,999	7.25%	7.70%
R50,000 - R99,999	7.70%	7.80%
R100,000 - R249,999	7.80%	8.50%
R250,000 - R999,999	7.90%	8.75%
R1,000,000+	8.00%	8.75%

MoneyTrader Investment Account

Interest rates

Published: 27 May 2023

Balance	Nominal rate p/a*	Special promotion - nominal rate p/a**
< R50,000	0.00%	0.00%
R50,000 - R99,999	8.20%	8.30%
R100,000 - R249,999	8.20%	8.50%
R250,000 - R499,999	8.20%	8.75%
R500,000 - R999,999	8.20%	8.75%
R1 million +	8.20%	8.75%

Easy Access Deposit Account

Interest rates

Published: 10 March 2023

Period of Interest	Balance	Nominal Rate p/a*	Effective Interest Rate**
12 Months	R25,000 - R249,999	5.90%	6.06%
	R250,000 - R999,999	7.10%	7.33%
	R1000,000 - R99,999,999	7.25%	7.49%

PrimeSelect Account

Interest rates

Published: 26 May 2023

Balance	Period of Investment	Ratio to Prime	Nominal Rate p/a*
R5,000+
	88d - 8m	50%	5.87%
	9m - 11m	50%	5.87%
	12m - 18m	53%	6.22%

*Nominal interest rate – the annualised interest rate that you will earn, calculated on the daily balance of your investment if interest is paid out monthly.

**Effective Interest rate: The rate associated with the investment should you choose to get all your interest paid when your investment matures.

32-day notice accounts

Type: funds are made available following a 32-day notice of withdrawal.

Electronic 32Day Notice Account

Interest rates

Published: 13 July 2023

Balance	Nominal rate p/a*
< R2,500	6.95%
R2,500 - R24,999	7.45%
R25,000 - R49,999	7.70%
R50,000 - R99,999	7.80%
R100,000 - R249,999	8.45%
R250,000 - R499,999	8.75%
R500,000 +	8.80%

32Day Notice Account

Interest rates

Published: 27 May 2023

Balance	Nominal rate p/a*
< R2,500	6.95%
R2,500 – R24,999	7.45%
R25,000 – R49,999	7.60%
R50,000 – R99,999	7.75%
R100,000 – R249,999	8.20%
R250,000 +	8.30%

*Nominal interest rate – the annualised interest rate that you will earn, calculated on the daily balance of your investment if interest is paid out monthly.

End-of-term investment accounts

Type: funds are made available following a fixed term of your choice.

Tax-free Fixed Deposit Account

Interest rates

Published: 17 January 2024

Period of Investment	Balance	Nominal Rate p/a*	Rate at Maturity**
12 Months
	R1,000 - R24,999	8.05%	8.35%
	R25,000 - R249,999	8.85%	9.21%
	R250,000 - R999,999	8.85%	9.21%
	R1,000,000 - R99,999,999	8.85%	9.21%

Electronic Fixed Deposit Account

Interest rates

Published: 06 December 2023

Balance Range	Period of Investment	Nominal Rate p/a*	Equivalent Annual Effective Rate (AER)**	Rate at Maturity***
R1,000 - R24,999
	1 Month	-	-	6.70%
	3 Months	7.55%	-	7.59%
	6 Months	8.15%	-	8.28%
	12 Months	8.65%	-	9.00%
	18 Months	8.30%	8.62%	8.80%
	24 Months	8.20%	8.51%	8.87%
	36 Months	8.25%	8.56%	9.32%
	60 Months	9.00%	9.38%	11.31%
R25,000 - R249,999
	1 Month	-	-	6.90%
	3 Months	7.75%	-	7.80%
	6 Months	8.35%	-	8.49%
	12 Months	8.85%	-	9.21%
	18 Months	8.50%	8.83%	9.03%
	24 Months	8.40%	8.73%	9.11%
	36 Months	8.45%	8.78%	9.57%
	60 Months	9.20%	9.59%	11.62%
R250,000 - R999,999
	1 Month	-	-	7.00%
	3 Months	7.85%	-	7.90%
	6 Months	8.45%	-	8.60%
	12 Months	8.95%	-	9.32%
	18 Months	8.60%	8.94%	9.14%
	24 Months	8.50%	8.83%	9.22%
	36 Months	8.55%	8.89%	9.70%
	60 Months	9.30%	9.70%	11.78%
R1,000,000+
	1 Month	-	-	7.10%
	3 Months	7.95%	-	8.00%
	6 Months	8.55%	-	8.70%
	12 Months	9.00%	-	9.38%
	18 Months	8.65%	9.00%	9.20%
	24 Months	8.55%	8.89%	9.28%
	36 Months	8.60%	8.94%	9.77%
	60 Months	9.40%	9.81%	11.94%

Electronic OptimumPlus Account

Interest rates

^{Published: 31 January 2024}

Balance Range	Period of Investment	Nominal Rate p/a*	Equivalent Annual Effective Rate (AER)**	Rate at Maturity***
R1,000 - R24,999
	1 Month	-	-	7.40%
	3 Months	7.70%	-	7.74%
	6 Months	8.25%	-	8.39%
	12 Months	8.65%	-	9.00%
	18 Months	8.50%	8.83%	9.03%
	24 Months	8.35%	8.67%	9.05%
	36 Months	8.45%	8.78%	9.57%
	60 Months	9.35%	9.76%	11.86%
R25,000 - R249,999
	1 Month	-	-	7.60%
	3 Months	7.90%	-	7.95%
	6 Months	8.45%	-	8.60%
	12 Months	8.85%	-	9.21%
	18 Months	8.70%	9.05%	9.25%
	24 Months	8.55%	8.89%	9.28%
	36 Months	8.65%	9.00%	9.83%
	60 Months	9.45%	9.87%	12.02%
R250,000 - R999,999
	1 Month	-	-	7.70%
	3 Months	8.00%	-	8.05%
	6 Months	8.55%	-	8.70%
	12 Months	9.25%	-	9.65%
	18 Months	8.80%	9.16%	9.37%
	24 Months	8.65%	9.00%	9.40%
	36 Months	8.75%	9.10%	9.96%
	60 Months	9.70%	10.14%	12.42%
R1,000,000+
	1 Month	-	-	7.80%
	3 Months	8.10%	-	8.15%
	6 Months	8.65%	-	8.80%
	12 Months	9.30%	-	9.70%
	18 Months	8.90%	9.27%	9.48%
	24 Months	8.75%	9.10%	9.52%
	36 Months	8.85%	9.21%	10.09%
	60 Months	9.80%	10.25%	12.58%

Platinum Fixed Deposit Account

Interest rates

^{Published: 31 January 2024}

Balance Range	Period of Investment	Nominal Rate p/a*	Equivalent Annual Effective Rate (AER)**	Rate at Maturity
R100,000 - R249,999
	1 Month	-	-	7.70%
	3 Months	8.00%	-	8.05%
	6 Months	8.55%	-	8.70%
	12 Months	9.25%	-	9.65%
	18 Months	8.70%	9.05%	9.25%
	24 Months	8.55%	8.89%	9.28%
	36 Months	8.65%	9.00%	9.83%
	60 Months	9.70%	10.14%	12.42%
R250,000+
	1 Month	-	-	7.80%
	3 Months	7.80%	-	7.82%
	6 Months	8.65%	-	8.80%
	12 Months	9.30%	-	9.70%
	18 Months	8.90%	9.27%	9.48%
	24 Months	8.75%	9.10%	9.52%
	36 Months	8.85%	9.21%	10.09%
	60 Months	9.80%	10.25%	12.58%

Fixed Deposit Account

Interest rates

^{Published: 22 November 2023}

Balance Range	Period of Investment	Nominal Rate p/a*	Equivalent Annual Effective Rate (AER)**	Rate at Maturity***
R5,000 - R24,999
	1 Month	-	-	6.50%
	3 Months	7.15%	-	7.19%
	6 Months	7.75%	-	7.87%
	12 Months	8.15%	-	8.46%
	18 Months	8.20%	8.51%	8.69%
	24 Months	8.10%	8.40%	8.76%
	36 Months	8.15%	8.46%	9.19%
	60 Months	8.60%	8.94%	10.69%
R25,000 - R249,999
	1 Month	-	-	6.70%
	3 Months	7.65%	-	7.69%
	6 Months	8.25%	-	8.39%
	12 Months	8.65%	-	9.00%
	18 Months	8.40%	8.73%	8.91%
	24 Months	8.30%	8.62%	8.99%
	36 Months	8.35%	8.67%	9.45%
	60 Months	9.10%	9.48%	11.46%
R250,000 - R999,999
	1 Month	-	-	6.90%
	3 Months	7.75%	-	7.80%
	6 Months	8.35%	-	8.49%
	12 Months	8.75%	-	9.10%
	18 Months	8.50%	8.83%	9.03%
	24 Months	8.40%	8.73%	9.11%
	36 Months	8.45%	8.78%	9.57%
	60 Months	9.20%	9.59%	11.62%
R1,000,000+
	1 Month	-	-	7.10%
	3 Months	7.85%	-	7.90%
	6 Months	8.45%	-	8.60%
	12 Months	8.85%	-	9.21%
	18 Months	8.55%	8.89%	9.08%
	24 Months	8.45%	8.78%	9.17%
	36 Months	8.50%	8.83%	9.64%
	60 Months	9.30%	9.70%	11.78%

OptimumPlus Account

Interest rates

^{Published: 06 December 2023}

Balance Range	Period of Investment	Nominal Rate p/a*	Equivalent Annual Effective Rate (AER)**	Rate at Maturity***
R5,000 - R24,999
	1 Month	-	-	7.00%
	3 Months	7.30%	-	7.34%
	6 Months	7.85%	-	7.97%
	12 Months	8.30%	-	8.62%
	18 Months	8.10%	8.40%	8.58%
	24 Months	7.95%	8.24%	8.58%
	36 Months	8.05%	8.35%	9.07%
	60 Months	9.25%	9.65%	11.70%
R25,000 - R249,999
	1 Month	-	-	7.50%
	3 Months	7.80%	-	7.85%
	6 Months	8.35%	-	8.49%
	12 Months	8.70%	-	9.05%
	18 Months	8.60%	8.94%	9.14%
	24 Months	8.45%	8.78%	9.17%
	36 Months	8.55%	8.89%	9.70%
	60 Months	9.35%	9.76%	11.86%
R250,000 - R999,999
	1 Month	-	-	7.60%
	3 Months	7.90%	-	7.95%
	6 Months	8.45%	-	8.60%
	12 Months	8.80%	-	9.16%
	18 Months	8.70%	9.05%	9.25%
	24 Months	8.55%	8.89%	9.28%
	36 Months	8.65%	9.00%	9.83%
	60 Months	9.40%	9.81%	11.94%
R1,000,000+
	1 Month	-	-	7.70%
	3 Months	8.00%	-	8.05%
	6 Months	8.55%	-	8.70%
	12 Months	8.90%	-	9.27%
	18 Months	8.80%	9.16%	9.37%
	24 Months	8.65%	9.00%	9.40%
	36 Months	8.75%	9.10%	9.96%
	60 Months	9.50%	9.92%	12.10%

* Nominal interest rate – the annualised interest rate that you will earn, calculated on the daily balance of your investment if interest is paid out monthly.

** Equivalent Annual effective Rate (AER) - the annualised interest rate that you will earn on the money invested, compounded annually in arrears. (Shown to two decimal places)

***Rate at Maturity- the rate you get if you choose to have all interest paid when your investment matures.
Calculated using the original investment amount only at a fixed interest rate, with no compounding.
Note: This is the contracted rate to two decimal points.

On-demand investment accounts

Type: instant cash withdrawal.

Club Savings Account

Interest rates

^{Published: 26 May 2023}

Balance	Nominal rate p/a*
R1,000 - R4,999	5.00%
R5,000 - R9,999	5.00%
R10,000 - R14,999	5.25%
R15,000 - R24,999	5.25%
R25,000 - R39,999	5.25%
R40,000 - R49,999	5.25%
R50,000 - R74,999	5.75%
R75,000 - R99,999	6.25%
R100,000+	6.75%

Stokvel Savings Account

Interest rates

Published: 26 May 2023

Balance	Nominal rate p/a*
R1,000 - R4,999	5.00%
R5,000 - R9,999	5.00%
R10,000 - R14,999	5.25%
R15,000 - R24,999	5.25%
R25,000 - R39,999	5.25%
R40,000 - R49,999	5.25%
R50,000 - R74,999	5.75%
R75,000 - R99,999	6.25%
R100,000+	6.75%

*Nominal interest rate – the annualised interest rate that you will earn, calculated on the daily balance of your investment if interest is paid out monthly.

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Save and Invest interest rates

24-hour notice investments

Platinum Invest Account

Interest rates

Balance

Nominal rate p/a*

Special promotion - nominal rate p/a**

Tax-free Savings Account

Interest rates

Balance

Nominal rate p/a*

JustInvest Account

Interest rates

Balance

Nominal rate p/a*

Special promotion - nominal rate p/a**

MoneyTrader Investment Account

Interest rates

Balance

Nominal rate p/a*

Special promotion - nominal rate p/a**

Easy Access Deposit Account

Interest rates

Period of Interest

Balance

Nominal Rate p/a*

Effective Interest Rate**

PrimeSelect Account

Interest rates

Balance

Period of Investment

Ratio to Prime

Nominal Rate p/a*

32-day notice accounts

Electronic 32Day Notice Account

Interest rates

Balance

Nominal rate p/a*

32Day Notice Account

Interest rates

Balance

Nominal rate p/a*

End-of-term investment accounts

Tax-free Fixed Deposit Account

Interest rates

Period of Investment

Balance

Nominal Rate p/a*

Rate at Maturity**

Electronic Fixed Deposit Account

Interest rates

Balance Range

Period of Investment

Nominal Rate p/a*

Equivalent Annual Effective Rate (AER)**

Rate at Maturity***

Electronic OptimumPlus Account

Interest rates

Balance Range

Period of Investment

Nominal Rate p/a*

Equivalent Annual Effective Rate (AER)**

Rate at Maturity***

Platinum Fixed Deposit Account

Interest rates

Balance Range

Period of Investment

Nominal Rate p/a*

Equivalent Annual Effective Rate (AER)**

Rate at Maturity

Fixed Deposit Account

Interest rates

Balance Range

Period of Investment

Nominal Rate p/a*

Equivalent Annual Effective Rate (AER)**

Rate at Maturity***

OptimumPlus Account

Interest rates

Balance Range