Tax Free Fixed Deposit Account |
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Tax Free Savings Account |
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Tax Free Investment Account |
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Tax Free ETF Savings Account |
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- Launch rate of 8.70% pa, interest at maturity offered for a limited period
- Minimum once off opening deposit of R30 000
- Maximum deposit is limited to a once off R36 000 except if you are transferring from one tax-free account from another institution to ours
- Investment is fixed for 12 months
- No tax is payable on the interest earned
- Interest is payable on maturity
- Opening deposit of R1 000
- Tiered interest rates
- Don't pay tax on your returns
- Save up to R36 000 per year tax free
- 40% penalty on access balance
- Immediate access to your money
- Earn additional interest with the Absa Digital Bonus Rate