South Africa Savings Accounts

Provider Rate Type
FNB Money Maximiser Account

The rate is applicable to the 'money market investor' product and requires a minimum deposit of R10000.

from R10 000 to R19 999 1.00%

from R20 000 to R49 999 2.80%

from R50 000 to R99 999 2.90%

from R100 000 and higher    3.40% 

May 2018
Investec Prime Saver Savings Account

The Investec PrimeSaver is an instant access savings account that allows immediate access to a funds balance,no monthly fee charges and a premium prime-linked rate that is calculated everyday and paid monthly on the capital balance in the account. The rate indicated is applicable up to Up to R25 000 000 and is period effective.

May 2018
Nedbank Money Market Account

Rate is applicable to the 'JustInvest' money market investment account product which requires a minimum deposit of R5000 with R500 deposits can be made any time. Interest is paid monthly and calculated daily.

May 2018
Capitec Bank Savings Account

The 'Transaction/Savings Account' product has a Monthly administration fee and the savings rates vary according to various amounts in the account

May 2018
ABSA TruSave Savings Account

ABSA TruSave Savings Account aims at high interest for daily account balance R25,000 and over and interest is paid monthly

Aug 2018
Postbank Savings Account

Postbank Smart Save Savings Account is a short term Savings account, so the interest is not very high but gets immediate access to balance. This account aimed at customers aiming at little interest while frequent access to account balance

May 2018
Standard Bank Savings Account

Standard Bank PureSave account aims to be a tool to park an lump sum amount that may be required sometimes. This account could be Cash management account to facilitate monthly expenditure to and from transactional account. There is minimum opening deposit of just R50 required

May 2018
Mercantile Bank Savings Account

Mercantile Bank Savings Account is available at minimum initial investment of R50. This rate is for R100,000 and over balance

May 2018


  • Q: For how much do I have to open an account

    Reply Olie from South Africa
  • Q: What's the best passion fund investment insurance

    Reply Doctor k from South Africa
  • Q: I need bank interest rates from 2013 to date

    Reply Michael from Zambia
  • Q: Do pensioners getting better interest on there savings account

    Reply Erika from Pretoria, South Africa
  • Q: Which is the best way to invest pension funds and receive a fair interest each month?

    Reply Simphiwe from Johannesburg, South Africa
    • R: This question is a bit broad but i will try to answer it. A Pension fund is an investment vehicle for retirement, the requirements here is both a employer and employee contribution. Often people misconstrue it for a pension income i.e living annuity or life annuity. there are several factors to consider here most importantly being time horizon to retirement and risk profile of the investor. Normally the longer the duration to retirement one would opt to be more aggressive this means taking on more growth orientated asset allocation ( Equity and Property) depending on the choices available in the fund and the limitations of regulation 28. A typical allocation would see a considerable portion in Equity split between local and offshore weighting. A cap being on the offshore allocation as per regulation 28. The purpose of having such a strategy would be to hopefully achieve a return surpassing inflation by at least 5% over the long term. When looking at post retirement income it is important to consider tax and volatility of the investment. What other income streams the investor may have to supplement this income. I hope this answers your question.

      Reply Thabani Ngesi
  • Q: What are the snusl/monthly fees and require 7 days part withdraw fscility

    Reply ronnie from Johannesburg, South Africa