Tax-Free Investment
You can save by investing your money at market leading rates with non-taxable payouts.
More about Tax-Free Investments
INVEST FROM R50
You can make additional deposits from as little as R50 per month
INVEST UP TO R 36 000 PER YEAR TAX FREE
You can invest tax free up to R 36 000 per tax year and a total of R 500 000 during your lifetime.
RATE INCREASES
Your interest rate remains the same for the full 12 months of the investment. But if the rate increases, you benefit from the increase. If you reinvest after the 12 month term, the rate applicable at the time of reinvestment applies.
PAYOUT
You have the option to withdraw funds during the anniversary month, and every 12 months thereafter.
TERM
Allow your Tax-Free investment to grow as long as you like, provided a minimum balance of R50 is maintained.
EASY APPLICATION
Register and open your account online in less than 3 minutes.
- 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.
Tax Free Calculator
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*Our calculators are only a guide. Actual payout could differ due to the number of days in a month and interest rates at the start date of the investment.
What you need to open a Tax-Free Investment account
The minimum opening deposit is R50.
- Identity document
- Non SA Citizen require a Passport, Valid working permit and proof of address to open an Investment.
- The minimum opening deposit is R50.
