It’s easier to look forward to the future once you've planned for it. A Fixed Deposit Account allows you to commit to an investment that will leave you better prepared for your bigger future events. Enjoying a comfortable retirement, adding capital towards your home, paying for your child’s education or paying for your child's wedding becomes a possibility when you’re prepared.
If you're interested in investing your money into a Fixed Deposit Account, here are a few reasons it could work for you:
With a minimum of R500.00 opening an account is easy. We’ll help you along the way with any of your enquiries. To kick-start your savings journey simply enter your details below.
Interest paid out values could differ from actual values due to number of days in the month
Rates quoted are valid for today only, given that funds are received today, and may change over time.
Interest rates on expiry are quoted for illustration purposes, based on a 12 month period.
* - R2000 minimum for monthly interest pay-out option
** - R1000 minimum for monthly interest pay-out option
Disclaimer: African Bank cannot advise you of the tax implications of investing. It is recommended that you contact your financial advisor or your tax consultant.
To open a Fixed Deposit Account please visit your nearest branch.