ABSA Dynamic Fixed Savings

Dynamic Fixed Savings Account From ABSA:

There are many savings accounts available on the market. A Dynamic Fixed Saving Account form ABSA gives you the option to customize the account to your needs. Save the way that suits you.

Benefits Of The Dynamic Fixed Savings Account:

  • A minimum of R1 000 is all you need to open the account
  • You decide how much of your money you can access immediately from 0% to 50%
  • Choose an interest linked to prime or fixed – this is influenced by combination of other choices
  • All you pay are transactions fees on the account
  • You can invest from 8 days to 5 years. Choose the period that will suit you best
  • Older than 55 years, invest up to R100 000 for 12 months or longer, qualify for bonus interest
  • Invest for 60 days or more and do not use the money in the immediate access portion, you also eligible for bonus interest

How To Apply For A Dynamic Fixed Saving Account:

  • A South African ID document
  • Proof of residence (Must not be older than three months)
  • Minimum of R1 000 deposit

 

Fixed rate sample with balance of R1000 – R100 000
6 months 12 months 18 months 24 months 36 months 60 months
Liquidity option
100/0 7.20% 7.35% 7.50% 7.85% 8.15% 8.75%
90/10 6.95% 7.10% 7.25% 7.60% 7.90% 8.35%
80/20 6.90% 7.05% 7.20% 7.55% 7.80% 8.30%
70/30 6.85% 7.00% 7.15% 7.50% 7.65% 8.10%
60/40 6.80% 6.95% 7.10% 7.45% 7.49% 7.95%
50/50 6.75% 6.90% 7.05% 7.40% 7.33% 7.90%
Prime rate sample with balance of R1000 – R100 000
6 months 12 months 18 months 24 months 36 months 60 months
Liquidity option
100/0 6.50% 6.70% 7.00% 7.45% 7.70% 7.95%
90/10 6.30% 6.50% 6.80% 7.25% 7.30% 7.55%
80/20 6.25% 6.45% 6.75% 7.20% 7.25% 7.50%
70/30 6.20% 6.40% 6.70% 7.15% 7.20% 7.45%
60/40 6.15% 6.35% 6.65% 7.10% 7.15% 7.40%
50/50 6.10% 6.30% 6.60% 7.05% 7.10% 7.35%

For More Information:

Contact ABSA – 0860 111 515
Or
Apply Online for a Dynamic Savings Account

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