Dynamic Fixed Deposit
Earn up to 10.70%* per annum on your Dynamic Fixed Deposit account.
More about Dynamic Fixed Deposit
Dynamic Fixed Deposit pricing options
| Dynamic Fixed Deposit | Dynamic Fixed: interest payment frequency fixed | Dynamic Fixed : prime linked | Dynamic Fixed: interest payment frequency linked to prime | |
| Minimum Deposit | R1000+ | R1000+ | R1000+ | R1000+ |
| Investment term | Ranges from 8 days to 60 months. Capital is guaranteed. No monthly fees. |
Ranges from 8 days to 60 months. Capital is guaranteed. No monthly fees. |
Ranges from 8 days to 60 months. Capital is guaranteed. No monthly fees. |
Ranges from 8 days to 60 months. Capital is guaranteed. No monthly fees. |
| Access to investment | Choose to access 0-50% of your investment. | No access to the investment capital. | Choose to access 0-50% of your investment. | No access to the investment capital. |
| Interest | Calculated daily and compounded or paid out monthly. | Choose to receive interest monthly, quarterly, half yearly, annually or on maturity. | Calculated daily and compounded or paid out monthy. | Choose to receive interest monthly, quarterly, half yearly, annually or on maturity. |
| Interest rate | Fixed from the investment onset. | Fixed from the investment onset. | Linked to prime interest rate. | Linked to prime interest rate. |
| Why Choose this option | Choose this option if you require access to your capital during the term. | Choose this option if you want a guarantee on the interest rate for the term of the investment and you do not require access to the capital during the term of the investment. | Choose this option if you require access to your capital during the term of your investment and you require your interest rate to be linked to prime. | Choose this option if you want an interest rate linked to prime for the term of the investment and you do not require access to the the capital during the term of the investement. |
| Apply now | Apply now | Apply now | Apply now |
Similar products
Islamic Dynamic Deposit
Lock in your savings with flexibility to your cash
Opening deposit
R1 000
Profit share up to
10.70%
Access to funds
Up to 50%
Fixed Deposit
Lock in your returns and your savings
Opening deposit
R1 000
Interest up to
10.70%
Access to funds
At maturity
*The interest rates shown are indicative only and are subject to change without notification. The rate is determined on the date on which your funds are received in your account and, where applicable, is also determined by your chosen investment term, interest payment frequency and the investment amount deposited.
Please call us on 0860 111 515 or visit any Absa branch to get the best rate of the day. All rates are expressed as a percentage per annum.
Need more help?
Let one of our consultants help you get the best accounts for your needs.
Contact us:
Call us on: 0860 111 515
Email us at saving@absa.co.za
