Fixed savings accounts

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See what your returns could be:
  • Fixed savings future value calculator

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Apply for a savings account or contact your private banker

The benefits of saving for a fixed term

  • It pays to fix your savings period

    Fixed term savings periods range from one month to five years. You can choose between our Fixed term deposit account, Prime-linked, LiquidFixed or Tax free fixed deposit products. Your capital is guaranteed and there are no monthly fees.

  • Competitive fixed term deposit interest rates

    You receive a competitive fixed term deposit interest rate depending on your savings amount and term. You earn interest from day one and interest earned can be compounded monthly or paid out.

  • Managing your fixed term account is easy

    Enjoy free online banking, no monthly fees and guaranteed capital as well as access to our global Client Support Centre, for support, 24/7/365.

René Grobler, Investec Cash investments head
René Grobler, Cash Investments head

We make every effort to ensure you have what you need in order to make informed savings decisions.

savings index
Why South Africa needs to "save itself"

We know that South Africans haven’t been good at saving. In fact, as René Grobler, Investec Cash Investments head, points out, we’ve been good at accumulating debt.  

Looking for more savings options?

Access immediately

Our instant access deposit accounts offer you immediate access to your funds, while ensuring you still benefit from a competitive rate.

Access with notice

You receive flexible notice terms to suit your needs, a prime-linked or money market-linked rate, the chance to top up funds as you require, guaranteed capital and freedom from monthly fees.

Frequently asked questions

  • 1. What is a fixed savings account?

    A fixed savings account is an account where you lock your funds away for a predetermined period of time. The interest rate you will earn will be based on the time period agreed. The time period can range from 1 month to five years. For an Investec Fixed Savings Account, you need to deposit a minimum of R100,000 to open this account.   

    Should you wish to withdraw funds before the maturity date you may incur penalty fees.

  • 2. How does a fixed savings account work?

    A savings account where you lock your funds away for an agreed period of time is called a fixed savings account. The interest rate is established and locked in until the end of the fixed investment period (e.g., 12 months, 24 months, or 60 months) after the capital amount has been invested.

Expert insight to help you make informed savings decisions

family together

Beginner's guide to keeping your money safe

In the context of an extraordinarily ever-changing world, Investec understands the importance of savings, securing your financial future and that of your loved ones. Our latest webinar series will help the young adults in your family (16 to 22-year-olds) become financially savvy.

Mother and son

Five things to consider for tax-free savings

Tax-free savings accounts give you the best results when you see them as long-term investments. Time, as in any investment, plays an important part in it. With this in mind, you must know where you are in your financial journey and how long you can commit to the investment as this will inform your investment decision.