Tax-Free Investment

You can save smartly by investing your money at market leading rates with non taxable payouts.
  • Interest rates are quoted on a per annum basis and are valid for today only as they may change over time.
  • Terms and conditions apply.
    We cannot advise you on the tax implications of investing. It is recommended that you contact your financial advisor or tax consultant.

Calculate the returns on your
investment at market leading rates.

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More about Tax Free Investment

Our Tax-Free Investment product promises market-leading returns with a great interest rate which is of course, non-taxable!

African Bank tax free
Invest from R50

You can make additional deposits after your account opening deposit. Minimum deposit of R100.

African Bank tax free
Invest up to R500 000 Tax Free

You can deposit up to R33 000 per year and up to R500 000 over your lifetime.

African Bank tax free
Rate increases

Your original interest rate never drops but you can benefit if the interest rate increases.

African Bank tax free
Payout

You have the option to access your funds (partially or in full) during the 12-month anniversary month.

African Bank tax free
Term

Allow your tax free investment to grow as long as you like provided a minimum balance of R50 is maintained.

African Bank tax free
Unlimited accounts

Only one Tax Free Investment per customer (one per year).

African Bank tax free
Anniversary month

The month in which you first funded your tax free account

African Bank tax free
Easy application

Register online and open your account in less than 5 minutes

What you need to open a Tax-Free Investment account

The minimum opening deposit is R500.

African Bank tax free

Identity document or Passport

African Bank tax free

Proof of residence not older than 3 months

Terms and Conditions:
We cannot advise you on the tax implications of investing. It is recommended that you contact your financial advisor or tax consultant.

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