ABSA Dynamic Fixed Deposit Interest Rates (2023)

0 Shares
Advertisements

Have you heard of ABSA Dynamic fixed deposit? Or you might want to ask, what is the interest rate for ABSA Dynamic fixed deposit. If yes, in this post you will learn more about the ABSA Dynamic Fixed Deposit and Interest Rates.

ABSA offers you the opportunity to have a Dynamic fixed deposit account where you can earn monthly deposit interest based on the amount fixed, term duration as well as interest rates.

ABSA Dynamic fixed deposit

Dynamic Fixed Deposit

Features of the product:

Advertisements
  • The capital is guaranteed
  • Choose an interest rate that is fixed or linked to prime
  • You pay no monthly fees
  • 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
  Bitcoin to Rand Exchange Rate Today (2 January 2021)

Documents needed for ABSA Dynamic Fixed Deposit

  • Proof of residence (not older than 3 months)
  • South African ID book or ID card

Balance R 1000 – R100 000 Fixed-Rate

Investment period 6 months 12 months 18 months 24 months 36 months 60 months
Balance R1 000 – R100 000
Liquidity option
100/0 3.90% 4.15% 4.35% 4.70% 5.15% 6.25%
90/10 3.65% 3.90% 4.10% 4.45% 4.90% 5.85%
80/20 3.60% 3.85% 4.05% 4.40% 4.80% 5.80%
70/30 3.55% 3.80% 4.00% 4.35% 4.65% 5.60%
60/40 3.50% 3.75% 3.95% 4.30% 4.49% 5.45%
50/50 3.45% 3.70% 3.90% 4.25% 4.33% 5.40%
  Full List of Mukuru Branches in Port Elizabeth

Balance R100 001 – R999 999 Fixed-Rate

Investment period 6 months 12 months 18 months 24 months 36 months 60 months
Balance R100 001 – R999 999
Liquidity option
100/0 4.05% 4.65% 4.85% 5.20% 5.65% 6.75%
90/10 3.80% 4.40% 4.60% 4.95% 5.30% 6.25%
80/20 3.75% 4.35% 4.55% 4.90% 5.25% 6.05%
70/30 3.70% 4.30% 4.50% 4.85% 5.20% 6.00%
60/40 3.65% 4.25% 4.45% 4.80% 5.15% 5.90%
50/50 3.60% 4.20% 4.40% 4.75% 5.10% 5.80%

Balance R1 000 000 and more Fixed-Rate

Investment period 6 months 12 months 18 months 24 months 36 months 60 months
Balances R1 000 000 – R99 999 999 999
Liquidity option
100/0 4.25% 4.65% 4.85% 5.20% 5.65% 6.75%
90/10 4.00% 4.40% 4.60% 4.95% 5.30% 6.25%
80/20 3.95% 4.35% 4.55% 4.90% 5.25% 6.05%
70/30 3.90% 4.30% 4.50% 4.85% 5.20% 6.00%
60/40 3.85% 4.25% 4.45% 4.80% 5.15% 5.90%
50/50 3.80% 4.20% 4.40% 4.75% 5.10% 5.80%
  Full List of ABSA Branches in Polokwane

You can open an ABSA Fixed Deposit account from HERE

Advertisements
Advertisements

0 Shares

One Response

  1. Matt June 10th, 2023

Leave a Reply