Account

Minimum balance
Term
Benefits/Features
 

Fixed Deposit

R1 000
8 days to 5 years
  • Investment renewed automatically at maturity, at the current market rate
  • Guaranteed interest rates 
  • Choose your interest frequency – monthly, quarterly, half yearly, annually or on maturity
  • Interest may be credited to another account

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Dynamic Fixed Deposit

R1 000
8 days to 5 years
  • Fixed or prime-linked interest rate options
  • Access 10%, 20%, 30%, 40% or 50% of your money immediately
  • Additional interest on balances less than R100 000 for 12 months and longer (if 55 years or older)
  • Additional interest for individual customers who do not access funds from the immediate access portion of their investment
  • Interest is calculated daily and capitalised monthly
  • Monthly interest payments
  • No monthly fees

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Need more help?

Let one of our consultants assist you.

If you're an existing customer contact your Relationship Executive or your Enterprise Banker, or log on to Absa Online and click on the Save and Invest tab.

If you’re a new customer or you don’t bank with us, call us on:

0800 227 592

Email us at:

savingsandinvestments@absa.co.za