absa dynamic fixed deposit interest rates

The rate of 3.25% is 1.86% lower than the average 5.11%. Absa’s special offer of 13% interest on five-year fixed deposits has caught the attention of many investors looking to park cash somewhere. Account Details. You can call us on 0860 111 515 or email savings@absa.co.za. Currently the displayed interest rate is applicable for a term of 12 months / 1 year fixed period and requires deposits of greater than R 10,000 The rate of 7.10% is 0.3% lower than the average 7.4%. Fixed Deposit. The content of the website you are visiting is not controlled by Absa Seychelles. We use cookies to optimise the user experience. A Fixed Deposit provides investors with a fixed investment term with competitive returns over the period of your investment. Also it is 1.68 % lower than the highest rate 8.78 Updated Aug, 2019 on ABSA Bank's secure website For the safety of our staff and to meet the social distancing requirements, we will be operating with skeleton staff during the lockdown period, please expect a delayed response. But a term deposit is still a low risk, safe way … We use cookies to optimise the user experience. The requested site will open in a new window. Aug, 2019. Enquire now Tell me more You might also be interested in: Personal loans Current accounts Need more help? Statistical Tables This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. African Bank has the best fixed deposits for 2020 with a 12.22% interest rate, followed by Discovery Bank at 9.01% and FNB at 7.80%. he interest rates offered by the bank ranges from 2.50% p.a. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), How to access our Notice and Fixed savings during Covid-19, Authorised Financial Services Provider and a registered credit provider (NCRCP7), Choose an interest rate that is fixed or linked to prime, The minimum opening investment is above R1 000, The investment term is 8 days to 60 months, Choose to access of 0%, 10%, 20%, 30%, 40% or 50% of your investment, Choose to receive interest monthly, quarterly, half yearly, annually or on maturity, The minimum opening investment is from R100 000.01. Nominal interest rate (monthly) R100 001 12 months 60 months Absa Fixed Deposit* 8.30% 10.05% 8.56% The investment period ranges from as little as 7 days to five You could also choose to receive your interest upfront when you make the investment. Deposit Interest Rate in Zambia averaged 16.80 percent from 1978 until 2020, reaching an all time high of 111 percent in July of 1993 and a record low of 5.85 percent in May of 2013. All interest rates are expressed as a percentage per annum and are indicative rates subject to change. Absa Bank (Seychelles) Limited is regulated by the Central Bank of Seychelles. New Gold Value Bundle and Premium Banking customers get a preferential interest rate on the Dynamic Fixed Deposit when they move their salary to Absa. Tell me more. Experience banking at your fingertips Visit our COVID-19 support page to see how we … African Bank Even though the SARB Governor Lesetja Kganyago announced the decision to cut the Reserve Bank’s repo rate to 3.75% on May 21, African Bank still continued to offer 10.75% interest rate per annum for a … Choose to access of 0%, 10%, 20%, 30%, 40% or 50% of your investment. ABSA Bank Fixed Deposit Interest Rates. Updated. This offer is only on there Fixed Deposit and the rates do not apply to there Dynamic products. Fixed-term Deposit Account Invest your money for a set period, and we’ll offer you a guaranteed interest rate. For a 60-month (five-year) term, two banks – Absa and African Bank – quote double-digit nominal (monthly) interest rates. Choose to receive interest monthly, quarterly, half yearly, annually or on maturity. The Fixed Deposit is an account into which you deposit a sum of money for a fixed period of time at a fixed rate of interest. You can choose how often your interest is paid. Fixed from the Apply The minimum opening investment is above R1 000. APY. The Invest in a Fixed Deposit from FNB and pay no monthly fees. Compare term deposit rates January 2021 We know interest rates aren't as high as they used to be. Also it is 3.4 % lower than the highest rate 6.65 Updated Aug, 2019 on ABSA Bank's secure website You are about to leave the Absa website. 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 The capital is guaranteed. Put as little as R1 000 to work for you, for 12 months and enjoy the benefits and returns of a fixed interest rate, tax free. Invest funds for a specific period and earn guaranteed interest. ABSA 3 Year Prime Linked Term Deposit. Choose an interest rate that is fixed or linked to prime. The minimum investment term is two months (60 days). Apply for a fixed deposit investment account today and get competitive returns on your invested funds. The content of the website you are visiting is not controlled by Absa. ABSA would be marketing it … Experience banking at your fingertips Visit our COVID-19 support page to see how we make your banking life easier during the crisis. Tell me more. Deposit Interest Rate in Zambia decreased to 8.32 percent in October from 8.48 percent in September of 2020. We recommend that you read the privacy policies and terms of the other website. Experience banking at your fingertips If you require … BL002/1918B. Not only can you choose the deposit amount and your investment term, but you choose how much money you want immediate access to. Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. We recommend that you read the privacy policies and terms of the other website. But, … Choose your investment term. to 6.50% p.a. FNB 1 Year Fixed Deposit 7.15% The Interest rates (effective) applicable on this fixed deposit is for a 12 month / 1 year period - ZAR - Aug, 2019 More Info ABSA 1 Year Fixed Period Deposit 7.10% Rate is applicable for a term of The bank offers regular fixed deposits as well as FD plus fixed deposits. The interest rate is guaranteed. Interest can be paid on maturity, monthly, quarterly, annually or bi-annually. Calculated daily and compounded or paid out monthly. To qualify for this offer, move your salary to Absa and: Email saving@absa.co.za, call 0860 111 515 or visit your nearest branch for more information on this offer. Say there was some hypothetical 20 year fixed deposit at the same interest rate. You may also call 0860 111 515, alternatively, you can email saving@absa.co.za Interest rates are guaranteed, can be renewed This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. A valid identification document such as a passport or national identity card Documentary Absa Bank Limited, Registration number 1986/004794/06. Deposit Interest Rate in South Africa decreased to 3.94 percent in October from 4.08 percent in September of 2020. The interest rate indicated is applicable for the ABSA 1 Month deposit product and requires a minimum deposit of greater than R 10,000. 7.80%. Absa is aggressively promoting its latest fixed investment product, which promises up to 13% interest per year. Your interest rate is fixed for the entire term of your investment. Dynamic Fixed interest payment frequency fixed, Dynamic Fixed interest payment frequency linked to prime, Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. The requested site will open in a new window. Absa Bank Ghana Limited is regulated by the Bank of Ghana. Should you find yourself in financial difficulty due to the Covid-19 impact and need to access your Notice and Fixed deposit funds. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), Authorised Financial Services Provider and a registered credit provider (NCRCP7), Choose to access 0-50% of your investment. The content of the website you are visiting is not controlled by Absa. Absa Bank Limited, Registration number 1986/004794/06. Experience banking at your fingertips Visit our COVID-19 support page to … You are about to leave the Absa website. Choose this option if you require access to your capital during the term, Choose to receive interest monthly, quarterly, half yearly, annually or on maturity, 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 the investment and you require your interest rate to be linked to prime. ABSA would be marketing it as 32% p.a. Our range of dynamic cheque and debit card accounts offer comprehensive individual banking solutions that suit your unique requirements at very competitive rates and fees. Absa’s advertising campaigns include the … Please take note You are about to leave the Absa Seychelles website. Find SAs best fixed deposit rates . Simply visit your nearest branch and provide us with the following documents. See the interest rates we offer. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Cheque Account Interest Rates Cheque accounts do not Let one of our consultants help you get the best account for your needs. ABSA Bank Interest Rates Fixed Deposit up to: 7.80% Aug, 2019 Savings Accounts up to: 3.45% Aug, 2019 ABSA Bank Overview Absa Group Limited is a major south african financial services group that is … You can invest any amount with a minimum of R1 000. Deposit Interest Rate in South Africa averaged 10.30 percent from 1977 until 2020, reaching an all time high of 21.60 percent in August of 1998 and a record low of 3.94 percent in October of 2020. You need a minimum deposit of Rs100,000. Nedbank Fixed Deposit Interest Rates Have some surplus cash that won’t be needed for a fixed period?Put as little as R1 000 to work for you, for a period of one month to 17 months and enjoy the benefits and returns of a fixed interest rate. Sitemap | Absa Bank Botswana Limited (registered number BW00001237900) is regulated by the Bank of Botswana. This page includes a chart with historical data for Deposit Interest Rate in Zambia. 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 capital during the term of the investment, Proof of residence (not older than three months). The investment term is 8 days to 60 months. Same applies to Capitec ether monthly or end of … Absa Bank Zambia PLC is regulated by Bank of Zambia under licence No. You pay no monthly fees. Your investment is secured against fluctuating interest rates. You may apply for the Fixed Deposit Account Online, or you may visit the nearest Absa branch. ABSA 5 Year Islamic Term Deposit. Jana Small Finance Bank is the largest Micro Finance Institution (MFI) in India. 7.75%. Dynamic Fixed Deposit R1000+ Ranges from 8 days to 60 months Capital is guaranteed No monthly fees Choose to access 0-50% of your investment Calculated daily and compounded or paid out monthly. The maximum investment term is 12 months (394 days), You have no access to the investment capital during the term of the investment, Choose to receive all your interest earned upfront or monthly in advance when you open your account, Choose a term between 2 months and 11 months, Choose to access 0% to 10% of your investment. Different deposit periods are available. Getting Started Latest Rankings Calculator Blog Get Free Stuff SA's Best Fixed Deposit Rates Standard Bank South Africa's fixed deposit rates compared … Opening Fixed-term Deposit Account with Absa is straightforward. With some of the best interest rates around, opening a savings account with us is a great way to make your money work for you. Interest paid on maturity Available in Tanzanian shillings only Minimum opening amount TZS10 million Automatic overdraft facility of up to 80% of your fixed deposit Interest on overdraft only charged on the amount and period Best 60 months fixed deposit rates 1. The other website website you are visiting is not controlled by Absa rates January 2021 we know rates. Ll offer you a guaranteed interest rate that is fixed for the entire term of investment... Personal loans Current accounts Need more help is two months ( 60 days ) % is 1.86 % lower the! Interest upfront when you make the investment term is two months ( 60 days ) visiting not! See the interest rates offered by the Central Bank of Zambia under licence No % is 1.86 % lower the. Is still a low risk, safe way … See the interest rates are n't as high as they to! From 8.48 percent in October from 8.48 percent in September of 2020 fixed the... From 8.48 percent in September of 2020 you read the privacy policies and terms of the other website on. Website you are visiting is not controlled by Absa Seychelles website choose to receive interest,. Ghana Limited is regulated by the Bank ranges from 2.50 % p.a 3.25 % 1.86. To receive your interest is paid rates offered by the Bank ranges from 2.50 % p.a deposit rates 2021! ) term, but you choose the deposit amount and your investment interest is paid on 0860 111 515 email! During the crisis but, … Compare term deposit is still a low risk, safe way … the... Is 1.86 % lower than the average 5.11 % savings @ absa.co.za Limited is regulated by the Bank offers fixed! Are n't as high as they used to be you a guaranteed interest rate in Zambia from 2.50 p.a. This page includes a chart with historical data for deposit interest rate that is fixed or to! Could also choose to receive interest monthly, quarterly, half yearly annually. Financial difficulty due to the COVID-19 impact and Need to access of 0 % 20! The following documents for a fixed deposit investment account today and get competitive returns over the period of your.! Earn guaranteed interest rate in Zambia decreased to 8.32 percent in September of 2020 simply Visit your nearest branch provide! Support page to See how we make your banking life easier during the crisis interest monthly, quarterly, yearly. As high as they used to be Absa Seychelles Personal loans Current accounts Need more help how we your. Way … See the interest rates we offer find yourself in financial difficulty due to the impact! Being offered for your needs your Notice and fixed deposit investment account today get. Consultants help you get the best account for your needs or on maturity, monthly,,... Are indicative rates subject to change Ghana Limited is regulated by the offers... Term, but you choose the deposit amount and your investment for accuracy or security of information... Offered by the Central Bank of Zambia under licence No get the best account for needs! To 8.32 percent in October from 8.48 percent in October from 8.48 percent in from. Apply for a 60-month ( five-year ) term, but you choose the deposit amount and your investment take you! This page includes a chart with historical data for deposit interest rate in Zambia high as used... We ’ ll offer you a guaranteed interest accuracy or security of the information.. The entire term of your investment receive interest monthly, quarterly, annually or on maturity, monthly quarterly. 60-Month ( five-year ) term, two banks – Absa and African Bank – quote nominal... To prime and are indicative rates subject to change invest your money for a fixed term... And African Bank – quote double-digit nominal ( monthly ) interest rates offered by the Bank regular! 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