Private Select Fund

40-day notice account with market-leading returns

 

40 day

Notice period

R1 million

Minimum deposit

10%

Liquidity option

Take advantage of exclusive rates, liquidity and flexibility

The Private Select Fund does all the work for you as it tracks the qualifying¹ South African money market funds ensuring you always get a competitive market related rate, without incurring fees.

  
  • How the product works

    • A money market related interest rate that approximates the average of the top 4 qualifying¹ money market funds’ published rates without the inconvenience or cost of switching between funds
    • Liquidity, 10% instant access on cleared funds and 40 day notice for larger amounts
    • Balances below R1 million earn the Private Select Fund rate less 1.25%
     
  • Benefits

    • No monthly fee charges*
    • Competitive rate
    • Liquidity available should you need it
    • You have the ability to add funds as and when needed
  • Minimum & maximum deposit

    • Minimum deposit of R1 million

See what your returns could be:

  • Future value calculator

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Apply for a savings account or contact your Private Banker

More access with notice accounts

  • SmartRate Plus account

    SmartRate Plus account

    Choose your notice period and access required, and earn a personalised interest rate. And if you do not place notice for 30 days, you will earn additional interest.
  • Top5 Optimiser

    Top5 Optimiser

    This savings account does all the work for you. By tracking money market funds, we ensure you get the highest average daily interest rate. 

More access with notice accounts

SmartRate Plus account
Top5 Optimiser

SmartRate Plus account

Choose your notice period and access required, and earn a personalised interest rate. And if you do not place notice for 30 days, you will earn additional interest.

Top5 Optimiser

This savings account does all the work for you. By tracking money market funds, we ensure you get the highest average daily interest rate. 

Interest rates

Check what the latest interest rates are