SmartRate Plus 15-Day Notice Deposit

The difference between having a dream and working towards a goal

Mother and son hugging


notice period

R100 000

Minimum deposit

9.06% NACA*

interest rate

R1 000

Minimum deposit for Investec Private Bank account holders

The smart money waits 15 days for better returns

With the Investec SmartRate Plus 15-Day Notice Deposit, your money earns a special rate** while still providing you with short term access to your funds 15 days after placing notice

** 8.70% annualised rate interest paid out monthly. Rates on offer are subject to review. The current rate is applicable until 30 September 2024 and will thereafter be subject to review.

Want to find out more? Contact your Private Banker or fill in your details if you would like to save but don't have an Investec Private Bank account.

  • What is the difference between an annual effective rate (NACA) and a nominal rate (NACM)?

    Interest rates are quoted either as annual effective rates (NACA) or nominal rates (NACM). The NACA is the interest rate earned (at the same nominal rate) over a 12-month period with the interest compounding back into the savings account. NACM is the actual interest earned over a one-month period. It is important to note that the interest you will have earned at the time of your withdrawal will be in line with lifecycle of your funds at the time of placing your 15 days notice.

  • How the product works

    • Decide on your deposit amount
    • You will have access to your funds 15 days after placing notice
    • Investec is currently running a special rate on the SmartRate Plus 15-day notice deposit account
    • If you don’t already have an Investec Call Account, one will be opened automatically at the inception of the account, as each notice withdrawal instruction will require details of a settlement account. If you already have an Investec Private Bank account, should you not specify a different settlement account, funds withdrawn will automatically be transferred into your Investec Private Bank account
    • You are able to make additional deposits into your account after your initial deposit
  • Benefits

    • No monthly fees are applicable on this product
    • No transaction fees
    • Dedicated service
    • Free online banking
  • Minimum deposit

    • Save from R100,000 
    • Save from R1000 if you're an existing Investec Private Bank account holder
    • There is no maximum deposit and you can make additional deposits at any point in time
  • Existing Private Banking clients - open online

    Open and transfer in a few clicks

    • Log into Investec Online
    • From your Overview page click on ‘Open a new account’
    • Select the ‘Save’ tab
    • Scroll down and select ‘SmartRate Plus’
    • Click on ‘Apply’ and complete a few questions
    • Once your account is opened, you can simply transfer your funds and start earning a competitive rate

    If you’re ready to place a 15-day notice, it’s online, it’s easy

    • Log into Investec Online
    • Select your SmartRate Plus 15-day notice account
    • Click on the ‘Notice withdrawal’ option and go to the ‘Place notice’ tab
    • Complete the relevant fields and click ‘Continue’
    • Check all information is correct and click ‘Submit’

    You will then see your noticed placed under the ‘Pending notice’ tab

See what your returns could be:

  • Future value calculator

    Investment Amount *
    Term *
    Interest Rate *

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    Interest Paid at Maturity*

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    Nominal Rate (NACM)

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    Period Effective Yield

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