Effective rates of up to 9.65% per annum available from Absa through a 12-month Dynamic Fixed Deposit
Absa’s Dynamic Fixed Deposit Account campaign is offering outstanding interest on your savings and gives you the flexibility to access up to 50% of your funds during your investment term.
You can now earn an effective interest rate of up to 9.65% per annum when you invest at least R1,000 into an Absa Dynamic Fixed Deposit Account for 12 months.
Absa Rewards members can get an additional interest rate, too, and have the option to access between 0% and 50% of their investment with no penalty fee.
To take up this fantastic offer, simply open an account and watch as you earn high amounts of interest in just 12 months.
“Interest rate increases in the past year has been a welcomed relief for those who save and invest, and those who rely on interest for income to provide for themselves and loved ones,” said Thami Cele, Head of Savings and Investments at Absa Everyday Banking.
“As Absa, we are doubling down on this and offering significantly higher interest rates on the Absa Dynamic Fixed Deposit Account – an interest rate that also significantly beats current inflation, giving consumers real returns.”
“This is one of those opportunities that South Africans would not want to miss.”
Outstanding benefits
In the South African market, a 9.65% per annum effective rate for a 12-month Absa Dynamic Fixed Deposit is an excellent deal.
Additionally, while with traditional fixed deposit accounts you can’t access any your funds without being penalised, Absa’s Dynamic Fixed Deposits let you access up to 50% of your investment without any penalties.
Thanks to these excellent benefits, the Absa Dynamic Fixed Deposit Account is an excellent opportunity for South African investors.
Click here to learn more about how to sign up for an Absa Dynamic Fixed Deposit Account:
Open a 12-month Absa Dynamic Fixed Deposit from as little as R1,000 through these platforms: