Invest in your future
Secure generational wealth today for a brighter tomorrow.
With African Bank's investment accounts, enjoy the assurance of South Africa's best investment rate. Starting from just R500, you can pave the way for your family's financial security.
Fixed Deposit Account
Take a big first step on the journey to your financial goals. Grow your wealth with just R500 and SA’s best investment rate.
Open a fixed deposit account in just 3 minutes and turn your money into more.
Earn SA’s best investment rate of 10.40% per annum.
This is equivalent to 12.80% per annum, calculated on expiry after 60 months.
Earn Sa’s Best Investment Rate Of 9.16% Per Annum. This Is Equivalent To 11% Per Annum Calculated On Expiry After 60 Months.
PAYOUT OPTIONS
Receive your interest payouts monthly, every 6 or 12 months, or at maturity.
FIXED RATE
Guaranteed returns with an interest rate which is fixed for the duration of the investment.
TERMS
Terms range from 3 to 60 months.
ONCE OFF DEPOSIT
To get around transfer limits, you have 7 days to complete your total opening deposit.
EASY APPLICATION
Register and open your account online in less than 3 minutes.
More About African Bank's Fixed Deposit Account
Earn SA’s best investment rate of 10.40% per annum.
This is equivalent to 12.80% per annum, calculated on expiry after 60 months.
Guaranteed returns with a fixed interest rate for the duration of the investment.
Payment Options
Receive interest payouts monthly, or every 6 or 12 months. Or receive a payout at maturity.
Once-off deposit
You have 7 days to complete your total opening deposit.
This will help you avoid transfer limits.
What do I need to open a fixed deposit savings account?
- ID document or passport.
- A minimum opening deposit of R500.
Open your MyWorld Overdraft now
Vel tenetur officiis ab reiciendis dolor aut quae doloremque est ipsum natus et consequatur animi aut sunt dolores ut quasi rerum. Aut velit velit id quasi velit eum reiciendis laudantium quo galisum incidunt aut velit animi hic temporibus blanditiis sit odit iure. Eum laborum dolores ea molestias fuga qui temporibus accusantium qui soluta aliquid ab vero soluta.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature Id pro doctus mediocrem erroribus, diam nostro sed cu. Ea pri graeco tritani partiendo. Omittantur No tale choro fastidii his, pri cu epicuri perpetua. Enim dictas omittantur et duo, vocent lucilius quaestio mea ex. Ex illum officiis id.
Aut architecto consequatur sit error nemo sed dolorum suscipit 33 impedit dignissimos ut velit blanditiis qui quos magni id dolore dignissimos. Sit ipsa consectetur et sint harum et dicta consequuntur id cupiditate perferendis qui quisquam enim. Vel autem illo id error excepturi est dolorum voluptas qui maxime consequatur et culpa quibusdam in iusto vero sit amet Quis.
Notice Deposit Account
Choose to access funds with notice! You can now earn SA’s best rates for as long as you like. Choose to access funds by giving 7-, 32-, or 90-days’ notice.
More About Notice Deposit
Earn interest from day one by opening a Notice Deposit Account with African Bank. Take note the interest rates on a Notice Deposit align with prevailing market conditions.
Notice period
Choose your notice period. The options are 7, 32, or 90 days.
Extra deposits
You may set up a debit order or make extra deposits from as little as R100. They will help grow your investment.
Easy notice
Place notice on the banking App or on Online Banking. Click here to get started.
How to apply?
Download the banking App or register for Online Banking here. It takes less than 3 minutes to open your account.
Varying interest rates
Interest rates fluctuate and remain in line with prevailing marketing conditions.
FAQ'S
Vel tenetur officiis ab reiciendis dolor aut quae doloremque est ipsum natus et consequatur animi aut sunt dolores ut quasi rerum. Aut velit velit id quasi velit eum reiciendis laudantium quo galisum incidunt aut velit animi hic temporibus blanditiis sit odit iure. Eum laborum dolores ea molestias fuga qui temporibus accusantium qui soluta aliquid ab vero soluta.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature Id pro doctus mediocrem erroribus, diam nostro sed cu. Ea pri graeco tritani partiendo. Omittantur No tale choro fastidii his, pri cu epicuri perpetua. Enim dictas omittantur et duo, vocent lucilius quaestio mea ex. Ex illum officiis id.
Aut architecto consequatur sit error nemo sed dolorum suscipit 33 impedit dignissimos ut velit blanditiis qui quos magni id dolore dignissimos. Sit ipsa consectetur et sint harum et dicta consequuntur id cupiditate perferendis qui quisquam enim. Vel autem illo id error excepturi est dolorum voluptas qui maxime consequatur et culpa quibusdam in iusto vero sit amet Quis.
Access Accumulator Account
Choose to access your funds immediately with an Access Accumulator Account. With Access Accumulator, you can invest your money and access it immediately, whether in part or in full.
Key features:
- Earn Increased Interest: Your interest increases by 0.15% monthly over a maximum term of 24 months. The interest rate will never decrease during the investment period.
- Flexible Access: You can access your money at any time, either partially or fully.
Open your MyWorld Overdraft now
Vel tenetur officiis ab reiciendis dolor aut quae doloremque est ipsum natus et consequatur animi aut sunt dolores ut quasi rerum. Aut velit velit id quasi velit eum reiciendis laudantium quo galisum incidunt aut velit animi hic temporibus blanditiis sit odit iure. Eum laborum dolores ea molestias fuga qui temporibus accusantium qui soluta aliquid ab vero soluta.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature Id pro doctus mediocrem erroribus, diam nostro sed cu. Ea pri graeco tritani partiendo. Omittantur No tale choro fastidii his, pri cu epicuri perpetua. Enim dictas omittantur et duo, vocent lucilius quaestio mea ex. Ex illum officiis id.
Aut architecto consequatur sit error nemo sed dolorum suscipit 33 impedit dignissimos ut velit blanditiis qui quos magni id dolore dignissimos. Sit ipsa consectetur et sint harum et dicta consequuntur id cupiditate perferendis qui quisquam enim. Vel autem illo id error excepturi est dolorum voluptas qui maxime consequatur et culpa quibusdam in iusto vero sit amet Quis.
Tax-Free Investments:
Our Tax-Free Investment product offers South Africa's best interest rate that is non-taxable.
More about tax-free investments
Investment details:
- Invest from R50: Make additional deposits from as little as R50 a month.
- Invest up to R36 000 a year Tax-Free: You can invest tax-free up to R36 000 per tax year and up to R500 000 during your lifetime.
Rate increases:
- Your interest rate remains the same throughout your 12 month investment period.
- If the interest rate increases, you benefit.
- If you reinvest after the 12-month term, the reinvestment rate applies.
Payout options:
- You have the option to withdraw funds during the anniversary month.
- If the interest rate increases, you benefit.
- Additionally, you can withdraw funds every 12-month period thereafter.
Requirements to open a Tax-Free Investment Account:
- Your identity document.
- A minimum of R50.
Open your MyWorld Overdraft now
Vel tenetur officiis ab reiciendis dolor aut quae doloremque est ipsum natus et consequatur animi aut sunt dolores ut quasi rerum. Aut velit velit id quasi velit eum reiciendis laudantium quo galisum incidunt aut velit animi hic temporibus blanditiis sit odit iure. Eum laborum dolores ea molestias fuga qui temporibus accusantium qui soluta aliquid ab vero soluta.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature Id pro doctus mediocrem erroribus, diam nostro sed cu. Ea pri graeco tritani partiendo. Omittantur No tale choro fastidii his, pri cu epicuri perpetua. Enim dictas omittantur et duo, vocent lucilius quaestio mea ex. Ex illum officiis id.
Aut architecto consequatur sit error nemo sed dolorum suscipit 33 impedit dignissimos ut velit blanditiis qui quos magni id dolore dignissimos. Sit ipsa consectetur et sint harum et dicta consequuntur id cupiditate perferendis qui quisquam enim. Vel autem illo id error excepturi est dolorum voluptas qui maxime consequatur et culpa quibusdam in iusto vero sit amet Quis.