Market-leading Cash Deposit solutions for you and your business
Putting surplus cash to work through the right combination of cash investment products can generate returns while still providing access to funds. With Sasfin’s bespoke Investment solutions, you can make your surplus cash work for you throughout your money management cycle.
An effective cash optimisation strategy utilises a combination of products, each with its own set of advantages, over different time periods, all designed to achieve specific objectives. With no monthly fees, and a capital guarantee, the power to make your money work for you is in your hands.
Our investment account options include:
| FIXED DEPOSIT RATES | NOMINAL | ANNUAL - EFFECTIVE |
|---|---|---|
| 1 Month | 8.30% | 8.30% |
| 2 Month | 8.37% | 8.40% |
| 3 Month | 8.45% | 8.51% |
| 4 Month | 8.52% | 8.61% |
| 5 Month | 8.59% | 8.71% |
| 6 Month | 8.66% | 8.82% |
| 7 Month | 8.73% | 8.92% |
| 8 Month | 8.80% | 9.03% |
| 9 Month | 8.86% | 9.13% |
| 10 Month | 8.93% | 9.24% |
| 11 Month | 8.99% | 9.33% |
| 12 Month | 9.50% | 9.92% |
| 18 Month | 9.60% | 10.28% |
| 24 Month | 9.80% | 10.78% |
| 36 Month | 10.00% | 11.61% |
| 60 Month | 10.25% | 13.32% |
How it works:
- All Sasfin Fixed Deposit options are available to both Business and Individual clients
- Fix your investment for a period of between one month and three years
- Interest rates are customized based on the amount invested and the investment period. Larger deposits may qualify for a customised rate
- 24/7 support through our Customer Relationship Centre
- Zero monthly fees
- Capital guaranteed
Why it’s the right investment option for you:
- The Sasfin Fixed Deposit account is ideal for saving towards longer term, planned expenses such as twice-yearly tax payments or annual bonuses for staff
- Returns are guaranteed for a fixed period of your choice
- You have the choice to re-invest your interest or have it paid to another account on a monthly or annual basis
An effective cash optimisation strategy utilises a combination of products, each with its own set of advantages, over different time periods, all designed to achieve specific objectives.
| VARIABLE NOTICE DEPOSIT RATES | NOMINAL | ANNUAL - EFFECTIVE |
|---|---|---|
| 32 Day Notice | 8.75% | 9.11% |
| 45 Day Notice | 8.80% | 9.16% |
| 60 Day Notice | 8.90% | 9.27% |
| 90 Day Notice | 8.95% | 9.33% |
| 120 Day Notice | 9.30% | 9.71% |
How it works:
- All Sasfin Notice Deposit options are available to both Business and Individual clients
- You can choose between 32, 45-, 60-, 90-, and 120-day Notice Deposit options
- There are no limitations, meaning that you can make additional deposits at any given time
- With prime-linked interest rates, the longer the notice period, the higher the rate of return
- You are able to put in a withdrawal notice at any time
Why it’s the right investment option for you:
- Our Notice Deposit account is the best place to save for short, medium, and long-term planned expenses and earn market-leading returns
- 24/7 support through our Customer Relationship Centre
- Zero monthly fees
- Capital guaranteed
- Track your investment in real-time using our B\\YOND online banking platform
| CALL DEPOSIT RATE | NOMINAL | ANNUAL - EFFECTIVE |
|---|---|---|
| Call | 8.00% | 8.30% |
How it works:
- The Sasfin Call Deposit account is available to both Businesses and Individuals
- You have immediate access to your full investment amount
- Your interest rate is prime-linked, interest is accrued daily and compounded monthly
- Additional deposits can be made at any time
Why it’s the right investment option for you:
- This is the ideal place to make daily deposits and to save for unplanned expenses
- Access your investment account through the B\\YOND online banking platform
- 24/7 support through our Customer Relationship Centre
- Zero monthly fees
- Capital guaranteed
An effective cash optimisation strategy utilises a combination of products, each with its own set of advantages, over different time periods, all designed to achieve specific objectives.
| RATE | NOMINAL | ANNUAL - EFFECTIVE |
|---|---|---|
| Tax-free Savings Account | 8.15% | 8.46% |
How it works:
- Our Tax-free Savings Account is offered to Individuals only
- Maximum deposit of R36 000 per tax year
- Maximum of R500 000 contribution for your lifetime
Why it’s the right investment option for you:
- The Sasfin Tax-free Savings Account is 100% tax-free
- Your capital is guaranteed
Calculate interest earned over the investment period
By entering your initial investment amount, you can quickly estimate your aggregate interest earnings. This comprehensive view of your investment earnings and goals will provide valuable insights for effective financial planning. Start using our Investment Calculator today and stay on track to financial success.
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Investment calculator results
** ANNUAL EFFECTIVE is the interest rate earned over 1 year taking into account the effect of compounding
*** Interest rates are subject to change
Disclaimer: Sasfin has no control over the information and variables entered by a user, figures generated by the calculator shall not be binding on the bank. Interest is calculated daily and accrues monthly.
Frequently asked questions
What is the minimum investment required to open an account?
The minimum investment amount is R20 000 for all Notice and Fixed Deposit accounts. The minimum investment amount for the Tax-Free Savings Account is R10 000.
Are there any fees associated with the account?
Our investment accounts attract no monthly management fees.
Can I open an account online or do I need to visit a physical location?
There is no need to visit a branch to open an account with us, the onboarding process is 100% digital. You will be asked to verify your identity online to ensure that the process is safe and secure.
What is the nominal interest rate?
This is the rate of return without taking into consideration the effect of compounding. This is the rate you would earn if you were to withdraw the interest from your investment every month.
What is the annual effective rate?
This rate indicates the return earned over one year while accounting for the effect of compounding. It reflects the amount paid over the year if the interest is added to the account balance every month.
What support do I get once I invest?
When you invest with us you will receive 24/7 support through our Customer Relationship Centre. You will also be able to track your investment through our online banking platform, in real time.
Contact us today
Investment accounts
+27 80 23 23 23 6
customerservice@sasfin.com
