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 months12 months18 months24 months36 months60 months
Liquidity option
100/07.20%7.35%7.50%7.85%8.15%8.75%
90/106.95%7.10%7.25%7.60%7.90%8.35%
80/206.90%7.05%7.20%7.55%7.80%8.30%
70/306.85%7.00%7.15%7.50%7.65%8.10%
60/406.80%6.95%7.10%7.45%7.49%7.95%
50/506.75%6.90%7.05%7.40%7.33%7.90%
Prime rate sample with balance of R1000 – R100 000
6 months12 months18 months24 months36 months60 months
Liquidity option
100/06.50%6.70%7.00%7.45%7.70%7.95%
90/106.30%6.50%6.80%7.25%7.30%7.55%
80/206.25%6.45%6.75%7.20%7.25%7.50%
70/306.20%6.40%6.70%7.15%7.20%7.45%
60/406.15%6.35%6.65%7.10%7.15%7.40%
50/506.10%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