Tax-free Fixed Deposit Investment Account

Invest from as little as R1,000 and pay zero tax on what you earn. Guaranteed.





End of term

What you get

Pay zero tax on your returns

Enjoy guaranteed growth on a fixed interest rate

Get 24/7 access to your account on our digital platforms


Your capital and earnings are guaranteed.

You can earn anything between 5.25% and 6.11% on your once-off deposit made.

The bigger your investment, the higher your returns.

Save up to R36,000 a year and R500,000 over a lifetime, tax free.

Rates and fees

Zero monthly fees.

No commissions charged.


No additional deposits or withdrawals are allowed.


You can choose to have your interest paid monthly, quarterly, half-yearly or on maturity.

Convenience and Control

Open your account easily on the Money app or Online Banking.

Track or manage your account any time on our digital banking channels.

We offer 24/7 support from our Live Chat service or call centre.


Free SMS alerts on all transactions.

For added secuyrity, you can accept or reject withdrawals from your phone in real time.

Affinity contributions

As an added benefit, you get to choose a Nedbank Affinity to support at no cost to you.

Ready to invest?

Get started

Other accounts you may like

Tax-free Savings
Notice investments

Save your money and enjoy the proceeds tax-free. No strings attached, no pain, all gains.

Monthly fee
Interest rate p/a tooltip text
3.00 – 4.75 %
Opening deposit
Access tooltip text
Min 24 hours
Notice investments

Earn highly competitive interest rates that are linked to money market conditions.

Monthly fee
Interest rate p/a
4.70 %
Opening deposit
Access tooltip text
Min 24 hours
EasyAccess Deposit
Hybrid investments

Invest a lump sum of R25,000 or more for 12 months, with easy access to your money when you need it.

Monthly fee
Annual effective rate tooltip text
4.59 %
Opening deposit
Access tooltip text
Min 24 hours

Not sure which product would be best for you? Let us help.

Get help choosing