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SA Trending Product

Trending Product

Personal Banking

Corporate Banking

Interest Rates

Interest Rates on ZAR Deposit
Interest rates on Savings Bank Accounts in % p.a w.e.f  03.10.2022
Daily Balance Of Interest Rate
Upto Rand 50,000/- 2.25
Above Rand 50,000  2.50
Interest Rates on Call Deposits (% p.a w.e.f. 03.10.2022 (Up to One Mio)
Average Balance Interest Rate
Less than 25,000 0.00
R 25,000 to less than R100,000 2.25
R100,000 to less than R 1 mio 2.50

Interest Rates on Time Deposits:
Interest Paid on maturity (% p.a w.e.f   
03.10.2022)

Amount Tenor upto to 1Mio
7 Days  to <=3 Month 4.00
>3 Month to <=6 Month 4.50
>6 Month to <=12 Month 5.50
>12 Month to < =36 Month 6.50
>36 Month to <= 48 Month 7.00
>48 Month to <= 60 Month 7.50
>60 Month to <= 120 Month 8.00
Please Note:
  • Rates for R 1.00 Mio and above on request only
  • Senior Citizens (Age: 65 years or more) on deposits of 24 months and above to get additional 25 bps interest.
  • All Interest rates are for single Deposit amounts.
 
USD deposits: (w.e.f  03.10.2022 in % p.a) (Rates in % p.a.)
Tenor USD upto 500,000 USD 500,000 and above
CFC 2.0 2.50
Term Deposits Rates for term deposits on request only.