The future can be anything that you dream of when you save with Absa.
*Terms and conditions apply

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Your interest rate is guaranteed

Your interest rate is fixed for the entire term of your investment.

Interest payment flexibility

Interest can be paid on maturity, monthly, quarterly, annually or bi-annually.

Choose how much you invest

You can invest any amount from R1000 and above.

Earn additional interest on your Fixed Deposit Account

Open a Fixed Deposit Account either online, on your Banking App or call us on 0860 111 515 to earn your Absa Digital Bonus Rate. 

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  • Applying for the Fixed Deposit Account

    When applying, you will need:
    • Your South African ID
    • Proof of residence (not older than three months)

    Apply now

  • What you need to know

    •  Choose your own investment term — anything from eight days to five years
    • Seniors 55 years or older, may receive an additional Senior bonus interest rate which may be automatically included for qualifying deposits.
    • As a Prosperity Cheque Accountholder  who is 55 years and older you receive rebates on your account fees when you maintain:
      • a cheque account balance of R15 000 or
      • a savings or investment account balance of R15 000
    • In addition, if you are an Absa Rewards member and maintain a minimum combined balance of R5 000 in your Savings or Investment accounts*, you will get a Rewards score of 55. To join Absa Rewards, visit absa.co.za/rewards.

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* View terms and conditions

contact us

Need more help?

Let one of our consultants help you get the best account for your needs.

Call us on:

0860 111 515

Email us at:

saving@absa.co.za

Visit your nearest branch